VIRGIN APPOINTS FORMER QANTAS GM

Written on the 1 April 2010

VIRGIN APPOINTS FORMER QANTAS GM

VIRGIN Blue Holdings Limited (VBA) has appointed former QANTAS general manager John Borghetti (pictured) as its new CEO effective May 8.

Outgoing CEO Brett Godfrey looks forward to introducing his former rival to the business. Borghetti left QANTAS in May 2008 – two years prior to his new role with Virgin.

“His understanding and participation in both the low cost and full service segments, has him uniquely placed to lead Virgin Blue in its next stage of development,” says Godfrey.

“I wish John and the brilliant team at Virgin Blue the very best and look forward to seeing the company grow and prosper in the years ahead."

Virgin chairman Neil Chatfield says with the company poised to move to the next level, Borghetti is the right person to lead it through the next phase of evolution.

“Today, Virgin Blue has a credible market position with a solid balance sheet and has the scale and momentum for further growth, despite the enormous challenges faced by the industry in recent years,” says Chatfield.

“Brett has been an inspirational leader to the Virgin Blue team and we sincerely thank him for his extraordinary dedication and talent.

“We also appreciate that he has agreed to be available to work with John to ensure a smooth transition.”

For the full Virgin Blue story including comments from its new CEO, don’t miss the March Top Companies edition of Brisbane Business News.

 

Latest News

SURFSTITCH GOES UNDER AS LEGAL COSTS FINALLY TAKE THEIR TOLL

SurfStitch (ASX: SRF) has entered voluntary administration, impacted by a series of protracted legal entanglements...

APOLLO MOTORS TO HIGHER THAN EXPECTED PROFIT ON ACQUISITIONS

APOLLO Tourism & Leisure's (ASX ATL) aggressive acquisition strategy in Canada and Australia has lifted th...

SANTOS CLAWS BACK LOSS DESPITE HEAVY IMPAIRMENT CHARGES

SANTOS Limited (ASX: STO) has reported a loss of $640 million for the first six months of 2017, a huge reduction o...

BOARD SHAKEUP AND UNDERPERFORMING ASSETS IMPACT EUREKA RESULTS

EUREKA Group's (ASX: EGH) FY17 financial performance has suffered at the hands of a board reshuffle and underp...

Related News

ACCC CLEARS THE WAY FOR BILLIONAIRE INVESTORS MURDOCH AND GORDON TO BUY TEN NETWORK

THE COMPETITION watchdog has cleared a proposed takeover of the Ten Network by billionaire investors Lachlan Murdo...

COMMBANK FACES 'VERY LARGE' CLASS ACTION LAW SUIT OVER MONEY LAUNDERING SCANDAL

THE Commonwealth Bank is facing a potential massive class action from shareholders because of a big drop in its sh...

REPORTING SEASON WRAP: WEDNESDAY HIGHLIGHTS

The A2 Milk Company (ASX:A2M) has almost tripled its profits and increased total revenue by 56 per cent off the ba...

THE MOTHER OF THREE WHO HAS SHARK TANK'S ANDREW BANKS AND STEVE BAXTER FIGHTING TO INVEST WITH HER

NOT every entrepreneur on Shark Tank Australia convinces the 'sharks' that their business is worthy of inv...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter