Wednesday, March 18, 2009

SpiceJet on CFO hunt, rejigs top deck

Mumbai: Spicejet, the Delhi-based low-cost carrier, is witnessing some changes at its top-management level. The company has appointed GoAir CFO GP Gupta as its chief administrative officer.
It has also entrusted search firm Spanco Steward with the task of finding a CFO and an human resource head. These positions fell vacant after the former CFO Parthasarathy Basu and VP-HR Surajit Banerjee left the company.
SpiceJet chief executive officer Sanjay Aggarwal told ET: “There are some changes at the top executives’ level and the company will see new set of people in the coming months.”
SpiceJet has also appointed Shilpa Bhatia as its new VP-corporate sales. She was earlier working with Bird Group. Mr Aggarwal said the company will soon have a new marketing head.
US investor Wilbur Ross, who had invested Rs 380 crore in SpiceJet last year, had brought in Mr Aggarwal a few months after former CEO Siddhanta Sharma left the company.
18/03/09 Mithun Roy/Times of India
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