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BRK.A Berkshire Hathaway Inc

608,888.00
9,387.99 (1.57%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Berkshire Hathaway Inc NYSE:BRK.A NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  9,387.99 1.57% 608,888.00 607,054.99 596,421.02 596,421.02 13,465 22:13:03

NJASAP Issues Statement In Wake Of NetJets CEO's Departure

01/06/2015 6:36pm

PR Newswire (US)


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COLUMBUS, Ohio, June 1, 2015 /PRNewswire-USNewswire/ -- Earlier this morning, NetJets, Inc., a Berkshire Hathaway subsidiary (NYSE: BRK.A and BRK.B), announced the abrupt departure of CEO Jordan Hansell. NJASAP President Pedro Leroux has issued the following statement in response:

"The NetJets Association of Shared Aircraft Pilots (NJASAP), who represents the 2,700-plus NetJets pilots, views the leadership transition announced earlier this morning as an opportunity for the company to restore the trust of all employees – unionized and non-union alike.

Newly appointed CEO Adam Johnson and COO Bill Noe bring much needed experience in both operational and labor relations to their respective positions. Union Leadership looks forward to engaging the new team: We hope they share our goal of rebuilding a once progressive labor-management relationship. Similarly, Union Negotiators remain ready and willing to work with senior management to bring contract negotiations to a successful conclusion on behalf of our pilots.

Considerable executive management turnover has taken place at NetJets in recent years, and NJASAP is cautiously optimistic the company has turned a corner with the return of experienced leaders. As with all things, time will tell whether the new team has been empowered to work with employee unions to develop labor agreements that reflect their skill, professionalism, and dedication to the brand or if the agenda is the same – deep concessions in a time of tremendous profitability and expansion."

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About NJASAP Founded in 2008 as an independent labor advocate, the NetJets Association of Shared Aircraft Pilots (NJASAP) represents the professional interests of the 2,700-plus pilots who fly in the service of NetJets Aviation, Inc., a Berkshire Hathaway subsidiary. For more information, visit our web site, www.njasap.com, Facebook page, https://www.facebook.com/njasap, or Twitter feed, @njasap.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/njasap-issues-statement-in-wake-of-netjets-ceos-departure-300091762.html

SOURCE NetJets Association of Shared Aircraft Pilots (NJASAP)

Copyright 2015 PR Newswire

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