This time last week it looked like Alan Joyce had survived his final hurdle ahead of his scheduled retirement and was preparing to embark on a global victory lap.
Will Alan Joyce maintain his Qantas bonuses and shares now he is leaving the airline early?
Vanessa Hudson will take over as chief executive officer from Wednesday with Joyce saying it is clear the “company needs to move ahead”.
Qantas boss Alan Joyce did a great job until he didn’t,according to fund managers and shareholder advisers. His early departure may not be enough to quell the disquiet.
The Australian sharemarket ended almost flat on Tuesday following Qantas CEO Alan Joyce’s early departure and the RBA’s decision to keep rates on hold.
The departing CEO leaves behind a company with a trashed reputation and goodwill leaching away.
Alan Joyce ends his long Qantas career amid a raft of controversies and significant damage to the airline’s brand. With time,however,his 15 years in the top job might be viewed more positively.
As sacrifices go – this isn’t a big one. Alan Joyce was already set to leave in two months.
Race seven at the Queanbeyan Race Club was,for a short time,listed as “We Support Ben Roberts-Smith VC MG 900”.
The federal government is being urged to reveal the documents that could explain its decision to shield Qantas from greater competition from Qatar Airways.
Labor caucus members have called on Qantas shareholders to vote against its executive remuneration package as the political debate over the airline continues to intensify.