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This question is about Jet.
Who owns Jet Blue?
Institutional investors own Jet Blue. The top individual JetBlue shareholders are current company executives and a former board member.
JetBlue's top institutional investors include Fidelity Management Research Company (10.5% of total shares), the Vanguard Group (9.0% of total shares), BlackRock Inc.(7.6% of total shares), and Primecap Management Company (4.7% of total shares).
Robin Hayes took over as the company President in 2014 and then, nearly a year later, assumed the role of the Chief Executive Officer (CEO). Robin Hayes has the top individual ownership of the airline's shares, owning more than 823,000 shares.
Joel Peterson, former JetBlue chair of the board, has the second-highest share ownership, holding over 527,000 shares.
David Neeleman founded the company in August 1999 under the name "NewAir." JetBlue Airways Corporation (JBLU) was incorporated in 1998 and began operations in Feb. 2000 after an incident where hundreds of passengers were forced to wait on their planes for hours without being allowed to disembark from the plane.
JetBlue's board of directors replaced founder and chief executive officer David Neeleman with Dave Barger. He had politicked the board while Neeleman was busy publicly apologizing. Barger's ascendancy caused widespread demoralization in the ranks.
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