David Barger: Difference between revisions
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Barger was one of the first employees of [[JetBlue Airways]] in 1998, and served as the [[chief operating officer]] until March 2007. Following a February 2007 incident in which the airline was forced to cancel nearly 1,700 flights due to winter storms, JetBlue's board of directors replaced founder and Chief Executive Officer [[David Neeleman]] with Barger.<ref>{{cite news|url=http://www.businessweek.com/investor/content/may2007/pi20070510_255541.htm?chan=top+news_top+news+index_investing|title=A Change in the Cockpit at JetBlue|date=10 May 2007|work=[[Bloomberg Businessweek]]|accessdate=12 October 2010}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}</ref> He had politicked the board, while Neeleman was busy publicly apologizing. Barger's ascendancy caused widespread demoralization in the ranks.<ref>{{cite news|url=http://fortune.com/2015/10/13/dupont-board-ellen-kullman/|title=Another suicidal board? How DuPont's directors failed Ellen Kullman|date=13 October 2015|work=[[Fortune magazine]]|accessdate=10 November 2015}}</ref> He became JetBlue's new Chief Executive Officer on May 10, 2007.<ref>{{cite news|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aWMyjHAcF4h4&refer=home|title=JetBlue Air Names Barger to Succeed Neeleman as Chief|last=Schlangenstein|first=Mary|author2=David Mildenberg|date=10 May 2007|work=[[Bloomberg L.P.]]|accessdate=12 October 2010}}</ref> Neeleman, the company's founder and largest individual investor, became a nonexecutive chairman as a result of the change.<ref>{{cite news|url=http://www.nydailynews.com/money/2007/05/11/2007-05-11_jettisoned_at_jetblue.html|title=Jettisoned at JetBlue|date=11 May 2007|work=[[Daily News (New York)|Daily News]]|accessdate=12 October 2010}}</ref> On June 1, 2009, Barger became the president of JetBlue.<ref name="Businessweek-profile" /> |
Barger was one of the first employees of [[JetBlue Airways]] in 1998, and served as the [[chief operating officer]] until March 2007. Following a February 2007 incident in which the airline was forced to cancel nearly 1,700 flights due to winter storms, JetBlue's board of directors replaced founder and Chief Executive Officer [[David Neeleman]] with Barger.<ref>{{cite news|url=http://www.businessweek.com/investor/content/may2007/pi20070510_255541.htm?chan=top+news_top+news+index_investing|title=A Change in the Cockpit at JetBlue|date=10 May 2007|work=[[Bloomberg Businessweek]]|accessdate=12 October 2010}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}</ref> He had politicked the board, while Neeleman was busy publicly apologizing. Barger's ascendancy caused widespread demoralization in the ranks.<ref>{{cite news|url=http://fortune.com/2015/10/13/dupont-board-ellen-kullman/|title=Another suicidal board? How DuPont's directors failed Ellen Kullman|date=13 October 2015|work=[[Fortune magazine]]|accessdate=10 November 2015}}</ref> He became JetBlue's new Chief Executive Officer on May 10, 2007.<ref>{{cite news|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aWMyjHAcF4h4&refer=home|title=JetBlue Air Names Barger to Succeed Neeleman as Chief|last=Schlangenstein|first=Mary|author2=David Mildenberg|date=10 May 2007|work=[[Bloomberg L.P.]]|accessdate=12 October 2010}}</ref> Neeleman, the company's founder and largest individual investor, became a nonexecutive chairman as a result of the change.<ref>{{cite news|url=http://www.nydailynews.com/money/2007/05/11/2007-05-11_jettisoned_at_jetblue.html|title=Jettisoned at JetBlue|date=11 May 2007|work=[[Daily News (New York)|Daily News]]|accessdate=12 October 2010}}</ref> On June 1, 2009, Barger became the president of JetBlue.<ref name="Businessweek-profile" /> |
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On September 18, 2014, Barger announced his resignation from the company effective February 16, 2015, following several reports that investors and the board were unhappy with the lagging stock price and Barger's performance.<ref>{{cite news|url=https://www.bloomberg.com/bw/articles/2014-08-26/jetblue-ceo-david-barger-fires-back-at-wall-street-critics|title=JetBlue CEO Fires Back at Wall Street Analysts|date=26 Aug 2014|work=Bloomberg Business|accessdate=18 February 2015}}</ref><ref>{{cite news|url=http://www.thestreet.com/story/12851404/1/jetblue-analysts-say-bring-us-the-head-of-dave-barger.html|title=JetBlue Analysts Say 'Bring Us the Head of Dave Barger'|date=20 Aug 2014|work=TheStreet.com|accessdate=10 November 2015}}</ref><ref>{{cite news|url=https://www.bloomberg.com/bw/articles/2014-05-07/six-reasons-jetblues-ceo-probably-wont-stick-around|title=Six Reasons JetBlue's CEO Probably Won't Stick Around|date=7 May 2014|work=Bloomberg Business|accessdate=18 February 2015}}</ref> He was replaced on the board and as CEO by Robin Hayes.<ref>{{cite news|url=http://www.sltrib.com/home/2185794-155/jetblues-ceo-vies-to-please-passengers|title=JetBlue's CEO vies to please passengers, stocks|date=16 Feb 2015|work=The Salt Lake Tribune|accessdate=18 February 2015}}</ref> The stock price increased rapidly after Barger's removal was announced.<ref>{{cite news|url=https://www.wsj.com/articles/jetblue-ceo-barger-to-retire-in-february-1411072958|title=JetBlue CEO Barger to Retire in February|date=18 Sep 2014|work=The Wall Street Journal|accessdate=18 February 2015}}</ref> |
On September 18, 2014, Barger announced his resignation from the company effective February 16, 2015, following several reports that investors and the board were unhappy with the lagging stock price and Barger's performance.<ref>{{cite news|url=https://www.bloomberg.com/bw/articles/2014-08-26/jetblue-ceo-david-barger-fires-back-at-wall-street-critics|title=JetBlue CEO Fires Back at Wall Street Analysts|date=26 Aug 2014|work=Bloomberg Business|accessdate=18 February 2015}}</ref><ref>{{cite news|url=http://www.thestreet.com/story/12851404/1/jetblue-analysts-say-bring-us-the-head-of-dave-barger.html|title=JetBlue Analysts Say 'Bring Us the Head of Dave Barger'|date=20 Aug 2014|work=TheStreet.com|accessdate=10 November 2015}}</ref><ref>{{cite news|url=https://www.bloomberg.com/bw/articles/2014-05-07/six-reasons-jetblues-ceo-probably-wont-stick-around|title=Six Reasons JetBlue's CEO Probably Won't Stick Around|date=7 May 2014|work=Bloomberg Business|accessdate=18 February 2015}}</ref> He was replaced on the board and as CEO by [[Robin Hayes (businessman)|Robin Hayes]].<ref>{{cite news|url=http://www.sltrib.com/home/2185794-155/jetblues-ceo-vies-to-please-passengers|title=JetBlue's CEO vies to please passengers, stocks|date=16 Feb 2015|work=The Salt Lake Tribune|accessdate=18 February 2015}}</ref> The stock price increased rapidly after Barger's removal was announced.<ref>{{cite news|url=https://www.wsj.com/articles/jetblue-ceo-barger-to-retire-in-february-1411072958|title=JetBlue CEO Barger to Retire in February|date=18 Sep 2014|work=The Wall Street Journal|accessdate=18 February 2015}}</ref> |
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Barger has been a [[non-executive director]] of AIM Aviation Ltd since February 2014. He has been a director of gategroup Holding AG since April 2015, and is a director at The Partnership for New York City, Inc. He is a member of the board of governors at [[International Air Transport Association]] (IATA).<ref>{{Cite web|url=https://www.connorcsb.com/dave-barger|title=Connor Capital SB – Dave Barger|website=Connor Capital SB|language=en-US|access-date=2019-06-04}}</ref> He joined the boards of Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, Inc. in May 2017, and is a member of the Governance, Accountability and Nominating Committee, and the finance committee.<ref>{{Cite web|url=https://about.kaiserpermanente.org/who-we-are/leadership-team/board-of-directors/david-j-barger|title=David J. Barger|website=about.kaiserpermanente.org|language=en|access-date=2019-07-03}}</ref> |
Barger has been a [[non-executive director]] of AIM Aviation Ltd since February 2014. He has been a director of gategroup Holding AG since April 2015, and is a director at The Partnership for New York City, Inc. He is a member of the board of governors at [[International Air Transport Association]] (IATA).<ref>{{Cite web|url=https://www.connorcsb.com/dave-barger|title=Connor Capital SB – Dave Barger|website=Connor Capital SB|language=en-US|access-date=2019-06-04}}</ref> He joined the boards of Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, Inc. in May 2017, and is a member of the Governance, Accountability and Nominating Committee, and the finance committee.<ref>{{Cite web|url=https://about.kaiserpermanente.org/who-we-are/leadership-team/board-of-directors/david-j-barger|title=David J. Barger|website=about.kaiserpermanente.org|language=en|access-date=2019-07-03}}</ref> |
Latest revision as of 10:02, 4 October 2023
David Barger | |
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Barger in 2010 | |
Born | David J. Barger 1958 (age 65–66) |
Alma mater | University of Michigan[1] |
Occupation(s) | Former president and CEO of JetBlue |
Successor | Robin Hayes |
David J. Barger (born 1958) is an American businessman, and one of the co-founders of JetBlue. He was the airline's chief executive officer (CEO) until his ouster in February 2015.[2] He had been part of JetBlue's founding team and was on the board of directors.[3] Barger is now an operating partner at Connor Capital SB.[4]
Career
[edit]Barger's interest in airlines came from his father, who was a United Airlines pilot for 37 years.[3] From 1982 to 1988, Barger served in a number of positions with New York Air, such as the Director of Stations.[2] In 1992, he joined with Continental Airlines and held various management positions, including vice president of Continental's Newark Liberty International Airport hub.
Barger was one of the first employees of JetBlue Airways in 1998, and served as the chief operating officer until March 2007. Following a February 2007 incident in which the airline was forced to cancel nearly 1,700 flights due to winter storms, JetBlue's board of directors replaced founder and Chief Executive Officer David Neeleman with Barger.[5] He had politicked the board, while Neeleman was busy publicly apologizing. Barger's ascendancy caused widespread demoralization in the ranks.[6] He became JetBlue's new Chief Executive Officer on May 10, 2007.[7] Neeleman, the company's founder and largest individual investor, became a nonexecutive chairman as a result of the change.[8] On June 1, 2009, Barger became the president of JetBlue.[2]
On September 18, 2014, Barger announced his resignation from the company effective February 16, 2015, following several reports that investors and the board were unhappy with the lagging stock price and Barger's performance.[9][10][11] He was replaced on the board and as CEO by Robin Hayes.[12] The stock price increased rapidly after Barger's removal was announced.[13]
Barger has been a non-executive director of AIM Aviation Ltd since February 2014. He has been a director of gategroup Holding AG since April 2015, and is a director at The Partnership for New York City, Inc. He is a member of the board of governors at International Air Transport Association (IATA).[14] He joined the boards of Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, Inc. in May 2017, and is a member of the Governance, Accountability and Nominating Committee, and the finance committee.[15]
References
[edit]- ^ "David Barger biography". JetBlue Airways. Archived from the original on 19 October 2006. Retrieved 9 October 2010.
- ^ a b c "David Barger: Executive Profile & Biography". Bloomberg Businessweek. Archived from the original on January 18, 2013. Retrieved 9 October 2010.
- ^ a b Meeks, Karen (12 February 2010). "JetBlue CEO David Barger reflects on 10 years". Press-Telegram. Long Beach, California. Archived from the original on 14 March 2010. Retrieved 12 October 2010.
- ^ "Connor Capital SB – Dave Barger". Connor Capital SB. Retrieved 2019-07-03.
- ^ "A Change in the Cockpit at JetBlue". Bloomberg Businessweek. 10 May 2007. Retrieved 12 October 2010.[dead link]
- ^ "Another suicidal board? How DuPont's directors failed Ellen Kullman". Fortune magazine. 13 October 2015. Retrieved 10 November 2015.
- ^ Schlangenstein, Mary; David Mildenberg (10 May 2007). "JetBlue Air Names Barger to Succeed Neeleman as Chief". Bloomberg L.P. Retrieved 12 October 2010.
- ^ "Jettisoned at JetBlue". Daily News. 11 May 2007. Retrieved 12 October 2010.
- ^ "JetBlue CEO Fires Back at Wall Street Analysts". Bloomberg Business. 26 Aug 2014. Retrieved 18 February 2015.
- ^ "JetBlue Analysts Say 'Bring Us the Head of Dave Barger'". TheStreet.com. 20 Aug 2014. Retrieved 10 November 2015.
- ^ "Six Reasons JetBlue's CEO Probably Won't Stick Around". Bloomberg Business. 7 May 2014. Retrieved 18 February 2015.
- ^ "JetBlue's CEO vies to please passengers, stocks". The Salt Lake Tribune. 16 Feb 2015. Retrieved 18 February 2015.
- ^ "JetBlue CEO Barger to Retire in February". The Wall Street Journal. 18 Sep 2014. Retrieved 18 February 2015.
- ^ "Connor Capital SB – Dave Barger". Connor Capital SB. Retrieved 2019-06-04.
- ^ "David J. Barger". about.kaiserpermanente.org. Retrieved 2019-07-03.