Bernard Looney became the latest corporate leader to stand down over personal conduct concerns after a review into his past relationships with company employees.
There is now immense pressure on Qantas’ directors and major shareholders to engineer a timetable for the early departure of chairman Richard Goyder.
A senior Qantas executive has resigned,following a torrid three weeks for the airline business while it awaits a key legal ruling following its High Court appeal.
Andrew Forrest says the miner needs “constant alignment of interest” in the company’s green ambitions as he addressed the departures of three high-profile executives from the company over the past week.
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.
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.
Fiona Hick has become the latest top executive to leave Andrew “Twiggy” Forrest’s $64 billion company.
Kinda Grange,the new chief executive of Maggie Beer Holdings,will have to convince consumers to buy premium food products amid a cost of living crisis.
Zach Kirkhorn played a pivotal role in turning Tesla into a $1 trillion juggernaut and was seen as a contender to succeed Elon Musk as CEO one day.
Chief executive Peter King said the bank wanted to sharpen its focus on business and consumer banking as he unveiled a new structure.