SpiceJet CEO Sanjay Aggarwal quits

New Delhi. SpiceJet’s CEO Sanjay Aggarwal has quit the firm marking the second exit from the company in a month after media baron Sun Tv’s Kalanithi Maran brought over the company last month.
Sanjay Aggarwal tendered his resignation after a board meeting on 30 June, three officials at the airline confirmed on condition of anonymity.
The airline’s board member Kishore Gupta will be the acting CEO for the company till a new person is hired, one official said adding he will look at the day to day operations and most decisions will be take by the board.
SpiceJet’s senior vice-president (marketing) Anish Srikrishna has also quit the firm as Mint reported on 1 June.
Media baron Kalanithi Maran’s Kal Airways Pvt. Ltd acquired a 38% stake in SpiceJet earlier last month and has made an open offer to buy another 20% from shareholders.
01/07/10 Tarun Shukla

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Categories: SpiceJet Jul 2010, Sun Airways Jul 2010