MIAMI – JetBlue (B6) today announced that Ursula Hurley, head of treasury and investor relations, has been named acting chief financial officer. She succeeds Steve Priest, who will leave B6 effective June 11, 2021, to pursue a new opportunity.
Hurley will assume the role of acting chief financial officer effective June 12, 2021, in addition to her current duties.
Hurley has been with JetBlue for 17 years. Her responsibilities have included debt and cash management, cash flow, fuel and interest rate hedging, strategic procurement, and fleet planning, including aircraft and engine sourcing. She now also has oversight of JetBlue’s investor relations.
Comments from JetBlue
“Steve has been instrumental in helping lead JetBlue through the pandemic, and he leaves JetBlue in a place where the company is well-positioned to continue our recovery and to emerge stronger than before,” said Robin Hayes, JetBlue’s chief executive officer.
“Prior to the pandemic, Steve led a successful company-wide effort to reset our cost structure, setting up JetBlue for long-term success. We are incredibly grateful for his leadership and contributions to JetBlue and wish him the best in his next adventure. We will always think of him as a member of the JetBlue family.
“One of Steve’s greatest accomplishments was building a world-class finance team, and we are fortunate that Ursula, one of our strongest leaders, will succeed Steve in leading JetBlue during this transition.”
About Ursula Hurley
Hurley began her career at JetBlue and worked directly with Steve over the past three years to lead cross-functional efforts such as the evolution of our fleet, our structural cost program, and strategic sourcing initiatives.
According to B6, Hurley’s work helped position JetBlue with one of the industry’s strongest balance sheets going into the pandemic.
“Over the past year, she successfully led our efforts to preserve our liquidity position, and is the perfect leader to support this transition as we begin to repair our balance sheet and return on a path towards industry-leading margins.”
Featured image: jetBlue Airbus A321neo. Photo: Andrew Henderson/Airways