Australia's Qantas Airways (QAN.AX) said on Wednesday that its chairman Richard Goyder will step down in late 2024, as the embattled airline renews its board in an effort to restore trust among investors and fix its battered reputation.
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, November 6, 2018. REUTERS/Phil Noble///File PhotoQantas' recovery after pandemic has not been easy - Goydersaid on Wednesday that its chairman Richard Goyder will step down in late 2024, as the embattled airline renews its board in an effort to restore trust among investors and fix its battered reputation.
Goyder, who became chairman in 2018, has previously fought against pressure to resign, including from the airline's pilots, saying that he had followed high ethics throughout his career. Qantas announced in May that the non-executive director Michael L’Estrange will retire at this year’s AGM on Nov 3. To facilitate further renewal, Jacqueline Hey and Maxine Brenner will retire at the Qantas half-year results in February 2024 after 10 years of service, the statement said on Wednesday.
"If the new team Qantas are forming can bring a more diplomatic approach to worker relations while also improving customer experience and beating away intensifying competitors with more competitive fares, investors will be able to breathe a sigh of relief," added Josh.
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