Overview

• JetBlue's CEO Robin Hayes is stepping down due to health reasons and will be replaced by the airline's president and COO, Joanna Geraghty, on February 12.
• Joanna Geraghty will be the first woman to lead a major U.S. airline.
• Geraghty has been with JetBlue for nearly two decades and has held various leadership roles within the company.
• JetBlue is currently awaiting a federal court decision on its proposed acquisition of Spirit Airlines, a deal that has been challenged by the Justice Department over antitrust concerns.
• JetBlue's stock fell by more than 10% following the announcement of Hayes' departure.