"We wish to inform that Amit Agarwal, the deputy chief executive officer and CFO of the company, has resigned from service due to personal reasons, with effect from May 13", Jet Airways said in a regulatory filing.
The debt-strapped company said Dube and Agarwal resigned due to personal reasons, without providing further details.
Dube joined Jet Airways as CEO of Jet Airways in August 2017. He holds a Master's degree in Operations Research from the University of North Carolina. Etihad wants lenders to find a majority partner to restructure Jet with it and it wants lenders to take a substantial haircut on their exposure of about Rs 9,000 crore to the grounded airline. Prior to Jet Airways, he was the senior vice president-Asia Pacific for Delta Airlines.
The scrip tanked 7.42 percent to close at Rs 129.10 on the BSE on Tuesday.
On the NSE, shares plummeted 7.33 percent to close at Rs 128.90. Lenders to beleaguered Jet Airways are reportedly disappointed by the Gulf carrier's bid and do not have a lot of hope for Jet's revival.
Several top executives and board members have quit the airline.
The resignation of these people, along with founder Naresh Goyal no longer being formally associated with Jet, has left employees with no one to look upto in their hour of crisis. Other directors who have put in their papers include Independent Director Rajshree Pathy and top executive Gaurang Shetty.
Struggling with a debt of more than $1.2 billion, Jet Airways owes money to lessors, suppliers, pilots and oil companies.
Etihad, which owns about 24 per cent stake in Jet, submitted a bid for the airline, the unit of State Bank of India (SBI) overseeing the sale of the stricken carrier said on Friday.
Jet Airways employees protest at Jantar Mantar in New Delhi.