Moneycontrol PRO
HomeNewsBusinessCompaniesEtihad nominee on Jet Airways board Robin Kamark quits

Etihad nominee on Jet Airways board Robin Kamark quits

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April.

May 17, 2019 / 17:29 IST

Grounded carrier Jet Airways on May 17 said Etihad nominee director on the airline's board, Robin Kamark, has quit the company with effect from May 16. After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April.

The Gulf-based Etihad, which acquired 24 per cent stake in the then Naresh Goyal-promoted carrier in 2013, had two nominee directors, Kevin Night and Robin Kamark, on the airline's board.

Night stepped down in March along with Jet Airways founder-chairman Naresh Goyal and his wife Anita Goyal on March 25 following a debt recast plan.

Naresh Goyal also stepped down from the post of chairman.

"Robin Kamark nominee director of Etihad Airways PJSC, has resigned from the company with effect from May 16," Jet Airways said in a regulatory filing.

Last week, four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal quit the defunct carrier.

Last month, Independent Director Rajshree Pathy, Non- Executive and Non-Independent Director Nasim Zaidi as well as Whole Time Director Guarang Shetty also announced their exit.

In November last year, independent directors Vikram Singh Mehta and Ranjan Mathai had resigned from Jet Airways' board.

PTI
first published: May 17, 2019 05:14 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347