JetBlue Investor Eyes Board Seat as Stake Approaches 10% (1)

Sept. 6, 2024, 1:31 PM UTC

Vladimir Galkin, the little-known Florida-based investor who amassed a substantial stake in JetBlue Airways Corp. in recent months, met with the carrier’s top executives to discuss a possible board seat.

The conversations were revealed in a regulatory filing that showed the shareholder had increased his holding to 9.98%, solidifying him as the airline’s third-largest investor. Galkin said in an interview that he met with JetBlue Chief Executive Officer Joanna Geraghty and Chief Financial Officer Ursula Hurley earlier this week and raised the possibility of joining the board “at some point.”

“I have not decided whether I want to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.