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HomeMarketQantas' CEO succession planning in good shape, chairman says By Reuters

Qantas’ CEO succession planning in good shape, chairman says By Reuters

© Reuters. FILE PHOTO: Alan Joyce, Chief Executive Officer of Qantas, speaks with members of the media at an event celebrating Qantas’ 100th birthday at Sydney Airport in Sydney, Australia, November 16, 2020. REUTERS/Loren Elliott
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SYDNEY (Reuters) – Qantas Airways Ltd’s CEO succession planning is in good shape even though long-serving boss Alan Joyce is expected to stay until at least the end of 2023, the airline’s chairman said on Friday.

“The board looks at succession each year at almost every meeting, but specifically twice a year,” Chairman Richard Goyder told shareholders at the company’s annual meeting in Sydney.

“The board feels we are in good shape for CEO succession as and when that will occur.”

Joyce has been the airline’s boss for nearly 14 years, making him one of the longest-serving CEOs of a major Australian company.

Story Credit: investing.com

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