Back on February 19th, after JetBlue’s operational disaster, I wrote, "If Neeleman weren’t the founder, I would expect a board to oust him over this. But they won’t…"
I was wrong. The board fired JetBlue’s CEO and founder David Neeleman today, replacing him with former COO Dave Barger. Who knows why it took 3 months (and why they did it once JetBlue had improved its operations), but it goes to show, you can launch a successful airline and still get fired.
Neeleman will remain as non-executive chairman of the board.