The Jet Airways board became dysfunctional Friday after Etihad Airways’ representative Robin Kamark resigned, the fourth director to quit in less than a month, leaving it with only two members. Kamark’s departure comes as Jet faces two regulatory probes while its lenders look for investors to save the airline.To be sure, a new board will be formed if Jet finds investors. Kevin Knight, the other Etihad representative, resigned on March 25, along with founder Naresh Goyal and his wife Anita Goyal. Jet announced the resignation of whole-time director Gaurang Shetty on May 9.Two independent directors — ex-bureaucrat Nasim Zaidi and businesswoman Rajshree Pathy — had quit in April. On May 14, CEO Vinay Dube, CFO Amit Agarwal, Chief People Officer Rahul Taneja and Company Secretary Kuldeep Sharma resigned from the company.

Source: Economic Times May 17, 2019 14:52 UTC