Expat may replace Sanjay Aggarwal

New Delhi: New Delhi-based SpiceJet may get an expatriate chief executive officer (CEO) after Sanjay Aggarwal quit the post yesterday. The resignation comes after media baron Kalanithi Maran bought a controlling 38 per cent stake in the low-cost airline.
“We have shortlisted three to four candidates. Three of them are expats and one is an Indian. Any announcement on the new CEO will not come before two months,” said sources close to SpiceJet, who did not want to be identified.
Aggarwal did not respond to calls on his mobile and messages remained unanswered. A few days earlier, senior vice-president (marketing) Anish Srikrishna had also quit.
Kishore Gupta, a board member of the airline, will be acting CEO. “He will look at the day to day operations and the decisions will be taken by the board,” said another executive, on condition of annonymity.
Sanjay Aggarwal Aggarwal was appointed CEO of SpiceJet in October 2008, after Siddhanth Sharma resigned that July, owing to the financial condition of the airline. During his tenure, the airline made a profit for the first time.
02/0710 Business Standard

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Categories: SpiceJet Jul 2010, Sun Airways Jul 2010