Original article by Annabel Hepworth
The Australian – Page: 19 & 28 : 13-Jun-18
Virgin Australia CEO John Borghetti has advised that he will step down by the start of 2020, having decided against renewing his contract. Borghetti has been at the helm of Virgin Australia since May 2010, and oversaw its transition from a budget carrier to a full-service airline. Internal candidates to succeed Borghetti are said to include Virgin Australia’s group executive Rob Sharp and the head of its Tigerair subsidiary, Merren McArthur. Virgin Australia closed 2.3 per cent higher at $A0.22 on 12 June.
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, TIGERAIR, QANTAS AIRWAYS LIMITED – ASX QAN, COCA-COLA AMATIL LIMITED – ASX CCL, MELBOURNE AIRPORT, VIRGIN ATLANTIC AIRWAYS LIMITED, GREENCROSS LIMITED – ASX GXL, QANTAS FREQUENT FLYER LIMITED, WESFARMERS LIMITED – ASX WES, VIRGIN GROUP LIMITED, SINGAPORE AIRLINES LIMITED, ETIHAD AIRWAYS, HNA GROUP, NANSHAN AUSTRALIA PTY LTD, CORVINA HOLDINGS