Sanjay Aggarwal is new CEO of SpiceJet

SpiceJet today announced the appointment of Sanjay Aggarwal, as Chief Executive Officer (CEO) with immediate effect. Aggarwal takes over the position from Siddhanth Sharma. Prior to his current responsibilities in SpiceJet Aggarwal held the position of Chief Operating Officer and Chief Strategy Officer for Flight Options.

Previously Aggarwal had worked as senior director of Marriott International and had also been Manager of Financial Planning for the maintenance, reservations and internal consulting areas of US Airways.

Commenting on his appointment, Sanjay Aggarwal said, "I believe that SpiceJet is well positioned to grow rapidly as a low cost carrier, and I am delighted to have the opportunity to help the company achieve its potential."

Wilbur Ross, who led the recent $100 million cash infusion program into SpiceJet, added, "Of the many candidates, Sanjay was by far the most impressive. He is precisely the right person to lead the existing highly capable management team in turning SpiceJet around."