Joyce to step down in November after 15 years at the helm, when he will be replaced by the current chief financial officer
Qantas’s chief financial officer, Vanessa Hudson, will take over as the airline’s chief executive in November, making her the first woman to run the country’s national carrier.
Shares in Qantas fell more than 2% in early morning trading following the appointment announcement, in a sign of uncertainty from investors. Hudson was viewed as one of the favourites to take over from Joyce, who has led Qantas since 2008. Chief executive of Qantas Loyalty, Olivia Wirth, was the other front-runner.“A lot of thought has gone into this succession and the board had a number of high-quality candidates to consider, both internally and externally,” Goyder said.
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