Although he eventually turned toxic for Qantas' public image, the 57-year-old was worth his weight in gold for shareholders.
, and after 15 years as Qantas chief executive, it's estimated Joyce will walk away with up to $24 million in a final cash and share payout.shares worth close to $11 million for his stewardship of the airline over the coronavirus pandemic.And then there's an expected $12 million in pay and bonuses for 2023, but the precise dollar value won't be known until Qantas publishes its annual report later this year.
Despite Qantas's recent public image issues, to shareholders and the board, the 57-year-old was often worth his weight in gold.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rex executive accuses Qantas of ‘bullying’ and questions Alan Joyce’s pay packetDeputy chairman John Sharp also wants federal government to reverse decision blocking Qatar Airways from launching more flights into Australia
Read more »
Qantas board urged to withhold bonuses of Alan Joyce and senior executivesShareholders’ Association chief says an immediate response is needed if the airline is serious about restoring public trust
Read more »
Alan Joyce to leave Qantas earlyThe departure follows a tumultuous time for the airline, including an ACCC case that could result in multimillion-dollar fines.
Read more »
Live: Alan Joyce to leave Qantas tomorrow, bringing forward retirement by two monthsQantas boss Alan Joyce has announced he will leave the airline tomorrow, bringing forward his planned retirement by two months. Follow live.
Read more »
Alan Joyce to leave Qantas earlyThe departure follows a tumultuous time for the airline, including an ACCC case that could result in multimillion-dollar fines.
Read more »
Alan Joyce to leave Qantas earlyVanessa Hudson will take over as CEO from Wednesday with Joyce saying it is clear the “company needs to move forward.”
Read more »