Jetblue aims to capitalize on Nik Mittal’s deep expertise in capital markets and financial strategy and structures.
JetBlue, the American low-cost airline recently announced the appointment of Nik Mittal to the company’s board of directors. The independent director appointment came into effect immediately after the announcement. The decision was taken following unanimous approval by the company’s board of directors. Nik Mittal began his career as an investment banking associate at Donaldson, Lufkin and Jenrette.
“With Nik’s deep expertise in capital markets and financial strategy and structures, he brings a valuable investor perspective to JetBlue’s board of directors,” said Peter Boneparth, chairman of the JetBlue board. “His track record of success throughout his career is sure to benefit JetBlue as we emerge from the pandemic with a clear commitment to returning to sustained profitability.”
Nik Mittal is also a partner and lead investor in Plankton Energy LLC, a community solar developer in the Northeast as well as an advisor to CleanPlanet Chemical, solvent waste management and recycling company. Mittal was previously a firm partner at JANA Partners LLC, where he helped direct the firm’s investment research and focused on public markets investing across multiple industries for more than a decade.
Robin Hayes, chief executive officer, JetBlue said, “Nik is also deeply passionate about sustainability and ESG, one of the top areas of focus for JetBlue and our leadership team. I look forward to working with Nik and other members of the board as we continue to accelerate progress toward our industry leading ESG goals.”
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Nik Mittal received his bachelor’s degree from the University of North Carolina at Chapel Hill, his MBA and J.D. from New York University, and a certification in sustainable finance from Columbia University. The appointment of Nik Mittal to the board brings the total number of JetBlue’s Board of Directors to 11 members, 10 of whom are independent. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and the United Kingdom.
