Alan Joyce to leave Qantas immediately

[kpc]

Vanessa Hudson starts as CEO tomorrow

https://www.qantasnewsroom.com.au/

 

[Pushka]

Yep. Just announced to Stock Exchange.

 

[RooFlyer]

ASX announcement:

Qantas | Investors - ASX Announcements

investor.qantas.com

 

[flyingfan]

His match has ended…

 

[stm1sydney]

Takes ALL the cash though.

 

[anat0l]

Gee, demons and all, he actually did it. Have to give that one.

 

[mel-world]

And what a mess he has left for the new CEO to manage.

 

[coyote25]

ABC NEWS
Qantas boss Alan Joyce has announced he will leave the airline tomorrow, bringing forward his planned retirement by two months.

 

[cove]

It will take a lot to fix the damage. A new board of directors needs to be put in place at the next AGM in Melbourne in November.
Nominations needed now so don't hold back.....

 

[Seat0B]

Just announced on ABC 0830 news as well

 

[Hvr]

I wonder what her first change will be?

 

[Guvner]

Having to take responsibility for his actions and facing the music proved too much.

 

[Must...Fly!]

The final masterstroke. Leave a mess for the incoming, keep the cash, and all before the high court or ACCC cases see the light of day.

Never said he wasn't smart.

 

[Ansett]

Too smart for some it seems

 

[levelnine]

The farewell tour comes to a crashing end.

 

[UP4014]

And what a mess he has left for the new CEO to manage.

The new CEO is the old CFO so will know where the skeletons are.

 

[jase05]

Email came through at work this morning and somewhat mixed emotions.
Yes he has made a lot of mistakes but from my side of things he has been outstanding for us and no real complaints on the business side of things.
His time was up though and in truth he probably stayed too long and tarnished his legacy in the end

 

[craven morehead]

The new CEO is the old CFO so will know where the skeletons are.

As far as I'm concerned, VH is pre-damaged as the previous CFO and has been complicit in this whole coughshow!

Goyder has to go as well Share price will take a hit. Luckily AJ cashed in

 

[Foreigner]

Should the buck stop with the Board? Maybe the chairperson's head should roll

 

[aus_flyer]

Instant status match for Hudson.

Alan will now realise that nobody actually likes him. They wanted to be close to the position, not the person.