Australia’s flagship airline Qantas has announced that its Chief Financial Officer Vanessa Hudson will replace current CEO Alan Joyce.
Ms Hudson, who has held senior positions at Qantas for almost 30 years, will take over when Mr Joyce retires in November.
Chairman Richard Goyder said she had a “deep understanding” of Qantas.
The airline endured a turbulent period under Mr Joyce, posting record losses during the Covid-19 pandemic.
It also weathered criticism over canceled flights, lost luggage and delays, but bounced back earlier this year with a half-year profit of A$1.4 billion.
Ms. Hudson said it was “an absolute honor” to assume the role of CEO.
“This is an extraordinary company full of incredibly talented people,” she said in a statement.
Mr Goyder said Alan Joyce had done a “superb job” in his 15 years as CEO, positioning Qantas for a “bright future”.
“He has faced more than enough challenges and has mastered them exceptionally well – from the global financial crisis to record oil prices to fierce competitive pressures and the Covid crisis.”
Alan Joyce said he is stepping down after guiding the airline through its Covid recovery plan.
“There’s still a lot I want to deliver over the next six months and at the top of that list is ensuring a smooth handover to Vanessa, who I’m sure will excel in this role,” he said.
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