Carl Icahn to Get Two Seats on JetBlue's Board

Photo Credit: Sabre believes it can help JetBlue grow if it merges with Spirit Airlines as planned. Wikimedia Commons / Eric Salard
Skift Take
The activist investor gained two seats on JetBlue's board after acquiring a nearly 10% stake in the company.
JetBlue Airways announced Friday that two independent directors would join its board as part of a deal with activist investor Carl Icahn.
Jesse Lynn, the general counsel of Icahn Enterprises, and Steve Miller, a portfolio manager at Icahn Capital, will join JetBlue's board as non-voting observers during the carrier's annual shareholder meeting in the spring. After the meeting, Lynn and Miller will join JetBlue's board as full voting member