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Updated from 9:48 a.m. EDT
David Neeleman's nine-year run as CEO of the airline he founded has come to an end.
JetBlue(JBLU Quote) said Thursday that Dave Barger has been appointed chief executive, effective immediately. Barger retains his post as president.
Neeleman, the founder and top executive at JetBlue since 1998, will become nonexecutive chairman of the board. JetBlue shares rose 4.7% Thursday, closing at $10.89. ...
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