NetJets chief executive flies away from luxury plane firm
CHANGE is afoot at NetJets, the luxury jet business backed by Warren Buffett’s Berkshire Hathaway.
The chief executive and chairman Jordan Hansell, who has been in the cockpit for four years, has stepped down from both roles with immediate effect.
Adam Johnson, who has been at the business for 18 years and is currently president of sales and marketing, is taking his wings.
He said: “We have an exciting opportunity to build on the strong performance the company achieved under Jordan’s leadership which included guiding us through the largest fleet refresh in industry history.”
Meanwhile Bill Noe is returning as president and chief operating officer, a role he held from 2006, having left the firm recently.
NetJets was recently the target of a demonstration by pilot union NJASAP, which picketed Berkshire Hathaway during its May meeting.