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Key PointsJayne Hrdlicka has resigned after main Virgin Australia for 4 years.The subsequent section of Virgin Australia’s transformation will embody an preliminary public providing.A date hasn’t been formally introduced however is believed to be deliberate for the March quarter.
Virgin Australia’s Jayne Hrdlicka has determined to step down as chief govt after efficiently steering the airline out of administration and into profitability.
The board of Virgin Australia will start a worldwide search course of for a brand new CEO, the corporate introduced on Tuesday.
“I’ve determined the time is true for me to sign CEO transition for this nice airline and finally to move the baton on,” Hrdlicka stated.
“This isn’t a call I’ve taken frivolously, however the final 4 years have been heavy lifting throughout the organisation through the hardest of instances.”
The subsequent section of Virgin Australia’s transformation will embody an preliminary public providing, Hrdlicka’s assertion confirmed.
A date hasn’t been formally introduced however is believed to be deliberate for the March quarter.
“The subsequent section of this journey is one other three to 5 years, making now the right juncture to start the method of management transition,” she stated.
Virgin Australia chairman Ryan Cotton stated Hrdlicka had led the airline via essentially the most turbulent instances in its over 20-year historical past, returning it to profitability for the primary time in 11 years and had laid a robust basis for continued development.
He thanked Hrdlicka for her management, dedication and dedication.
Virgin Australia entered into voluntary administration early in April 2020, an early high-profile company sufferer of the COVID-19 pandemic.
Bain Capital acquired the airline a couple of months later and streamlined and refocused it.
A former chief govt of A2 Milk Co and Jetstar Group, Hrdlicka stays the chairwoman of Tennis Australia.
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