Carl Icahn's JetBlue Bet Didn't Pay Off: Board Members Resign as Stake Shrinks

Carl Icahn's JetBlue Bet Didn't Pay Off: Board Members Resign as Stake Shrinks

Icahn hasn’t had the same success as activist campaigns at Southwest. JetBlue’s stock has continued to decline since he first disclosed his stake.

Activist investor Carl Icahn gives up JetBlue board seats

Aug 27 (Reuters) - JetBlue Airways said on Thursday two members of its board of directors, Jesse Lynn and ​Steven Miller, will step down effective ‌immediately, as part of the airline's 2024 agreement with activist investor Icahn Enterprises. In 2024, ...

JetBlue board members Lynn, and Miller depart (JBLU:NASDAQ)

JetBlue says Icahn-linked directors Jesse Lynn and Steven Miller resigned under a 2024 board deal tied to Icahn’s ownership stake.

JetBlue Announces Board Changes