Fred Jacobsen is moving on after almost nine years as president and chief executive of Colombia’s Tampa Cargo.

He leaves on good terms, having decided for “personal and professional reasons” to resign. His employment contract had no set term. Jacobsen says he is pleased with the way Tampa Cargo has transformed itself into a successful carrier since its money-losing days.

“With Tampa now flying on its own,” he says, “now is the time for me to go.” Tampa’s board has publicly thanked Jacobsen for leading the airline “from a distressed company to a major cargo operator in the Americas”.

Jacobsen is not heading straight to another job. He plans to stay in the airline industry, but not necessarily in air cargo. “I have a lot of ideas. I am not ruling anything out.” Jacobsen, who was to leave in late March, has agreed to stay to help with the transition to a new chief executive.


Source: Airline Business