Qantas's management exodus continues as loyalty chief quits
By Stuart Condie
SYDNEY -- The head of Qantas Airways's loyalty division has quit the Australian carrier, adding to the leadership churn that has already included the departures of its chief executive and chairman.
Qantas (AU:QAN) on Monday said that Olivia Wirth had resigned and will leave the airline in February. Wirth has been at Qantas for 14 years, leading its frequent flyer program since 2018.
"She drove huge expansion of what the program offers and that shows in the growth in members and their engagement levels," Chief Executive Vanessa Hudson said.
Australian media previously reported that Wirth had been a contender for CEO before Hudson was promoted from chief financial officer to replace Alan Joyce. Joyce stepped down in September, two months ahead of his planned retirement, amid a furor over allegations Qantas had sold tickets for already canceled flights.
This month, Chairman Richard Goyder and other board members they would step down as the company seeks to repair its battered reputation.
On Monday, Qantas said it had appointed Catherine Walsh to the new role of chief people officer. Walsh previously held a leadership role at PWC.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
10-15-23 1805ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Morningstar’s Guide to Investing in Stocks
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst