Rather than vote to be roasted and eaten, I'd say that he hasn't done so bad as to make them act. I'm sure they would act if his actions were more serious (towards the death of qantas group)
So suffice to say there doesn't seem to be enough predominant opinion amongst the "powers that be" (so to speak) that the airline is headed for death. The latest climate in the airline and industry would suggest that Qantas is starting to fabricate the coffin and finding the nails for it. In fact, this board frequently opines that the group is already on a trajectory for death; some concede it is already as good as dead.
Maybe those powers are also of the opinion on the current Qantas CEO's opinion that the playing field isn't level and the government needs to intervene, and they are relying on this affirmative action before setting the next bar (an admittedly passive position all around).
To tie it back to my original question, it still seems bizarre how much one man can be hated so much and yet still be "protected" by an (unimportant) few. You expect this kind of thing in western political systems, but for public companies (especially with significant exposure) you'd think that there'd be a lot more impact based on public sway. I guess unlike in Japan - where CEOs have some honour and resign or commit suicide - those principles are lacking in western societies.
But the net result is that Joyce is still the CEO not solely on the power of himself wanting that position alone. It must be either some other controlling forces that has some unexplained faith in his ability to lead the group, or there's something about the operation of Qantas that is not clear from frontline experiences, market stats and experts, and the media (unlikely, since at AFF we
seem to have a really good finger on the pulse). Maybe the position of Qantas at the moment is "artificially" exacerbated by market forces beyond its reasonable control. Maybe - as some seem to argue - Joyce may not look like he's doing a good job, but given the inherent mess he had to manage, he's doing alright based on that benchmark (hence no decent reason to fire him; similar to we can't really criticise the current federal government for any fiscal irresponsibility because anything they are doing right now is trying to undo the supposed quagmire imposed upon the Australian national economy by the previous government).
I could also buy
medhead's "ostrich in the sand" argument of the rest of the board (we made a mistake, but if we get rid of Joyce we'll concede our utter incompetence), or
trippin_the_rift's "no one else wants the job" argument (I guess the better question would then be who
should be installed as the CEO?)