Mumbai: SpiceJet on Thursday appointed Sanjiv Kapoor, a former leader of the airline practice at Bain & Co and director at Temasek Holdings, to head the budget airline at a time when it's on the lookout for a strategic investor and ways to shore up its finances. India's second-biggest low-fare carrier by market share has appointed Kapoor as its chief operating officer. He is likely to be elevated to the position of chief executive officer shortly or act as de-facto CEO, said two senior executives at the airline who didn't want to be named.
Kapoor, who joins SpiceJet three months after its last CEO Neil Mills left, was chosen from five shortlisted candidates, only one of whom had former experience as a foreign airline executive. The rest were from other industries, one of the persons said.
SpiceJet has also shortlisted a candidate for the position of chief commercial officer and will appoint him in the next few weeks, the person said.
01/11/13 Anirban Chowdhury/Economic times
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Kapoor, who joins SpiceJet three months after its last CEO Neil Mills left, was chosen from five shortlisted candidates, only one of whom had former experience as a foreign airline executive. The rest were from other industries, one of the persons said.
SpiceJet has also shortlisted a candidate for the position of chief commercial officer and will appoint him in the next few weeks, the person said.
01/11/13 Anirban Chowdhury/Economic times
