As the search for a new chairman gathers speed, Vanessa Hudson will have her work cut out for her restoring the airline’s performance.
A 65-inch TV screen has pride of place in Vanessa Hudson’s office at the Qantas headquarters in Mascot, monitoring in real-time the airline’s schedules across its domestic and international markets.
Debby Blakey, chief executive of Qantas’ biggest superannuation fund investor HESTA, sums up the mood: “The Qantas board’s oversight of ongoing customer issues and its treatment of workers has been significantly destructive to shareholder value, which has negatively impacted HESTA members. But her pitch to Goyder in getting the job was one of continuity, and even with cancellations and delays languishing at double the pre-COVID-19 rate, Qantas is now insisting that its performance problems are largely fixed.
But Comyn and NAB’s Ross McEwan, whose predecessor was royal commission scalp Andrew Thorburn, were both appointed by their banks’ respective new chairmen. Michael L’estrange previously announced he would retire at the November 3 meeting. Former American Airlines boss Doug Parker and career public servant Heather Smith both need shareholder approval as part of their nominations. Hudson too.Maxine Brenner and Jacqueline Hey declared on Tuesday they would leave by Qantas’ half-year results in February, while Belinda Hutchinson and Todd Sampson are standing for re-election.
desperate to regain the trust of big investors. But absolutely nobody thinks Moore actually wants – or needs – the headache of picking up where Goyder leaves off.Moore hasn’t taken up any directorships at ASX-listed companies since leaving Macquarie in 2018. He is the chairman of the Centre for Independent Studies, a right-leaning think tank whose mission speaks more to his desire to engage in nation-building and policy pursuits.
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