Etihad Aviation Group’s chief financial officer, Mark Powers, has resigned from the company “for personal reasons”, the company announced on Wednesday.
In a statement sent to Arabian Business, Etihad Airways said that Powers decided “to return to the United States for personal reasons.”
Adam Boukadida, the company’s senior vice president for treasury, tax and finance, assumed the role of interim group CFO while Etihad searches for Powers’ replacement.
“Etihad Aviation Group thanks Mark for his valuable contribution during his tenure and wishes him well for his next chapter,” the statement said.
Powers, a former CFO at JetBlue, was hired by Etihad at a time of internal reforms which saw the departure of then group CFO James Hogan and CFO James Rigney.
The Etihad Airways statement did not say when Powers left the company.
Etihad reported losses of $1.28 billion in 2018, down from $1.52 billion the year before.For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.