JetBlue Airways Corporation (NASDAQ:JBLU) today announces that Peter Boneparth, former president and CEO of Jones Apparel Group, has been appointed to its Board of Directors, effective immediately.
"On behalf of the Board of Directors and our airline's 11,500 Crewmembers, I welcome Peter to JetBlue," said Dave Barger, JetBlue's CEO. "Peter brings extraordinary experience to JetBlue as an industry leader in the retail and financial sectors. His perspective and expertise will be a great resource to JetBlue as we continue to evolve our business model and make our mark as America's leading value airline."
"Peter's understanding of the marketplace will add great value to JetBlue's Board," said Joel Peterson, JetBlue's Chairman of the Board of Directors. "We welcome him to JetBlue Airways."
Peter Boneparth, age 49, comes to JetBlue after having served as president and CEO of the Jones Apparel Group, a leading designer and marketer of apparel brands. Prior to that, he served as CEO of Jones Moderate Division and was CEO, president, and a board member of McNaughton Apparel Group. Mr. Boneparth also spent 10 years in the investment banking field and previously practiced law with a private firm.
"I am honored to join JetBlue as a member of the Board of Directors," said Mr. Boneparth. "JetBlue has truly created a distinctive and powerful brand by delivering on a simple value proposition - lower fares with a higher standard of service. I look forward to contributing to JetBlue's success story going forward."
