Originally Posted by
timbo1
ANZ CEO Luxon told the Board and EB in no uncertain terms that JB was running the place into the ground in 2017. The Chair and the Board went with JB, and ANZ exited. To now say that the board had no idea that the CEO was running a poor business, including 5 years of losses is chutzpah on steroids
Interesting to see what happens to their collective Directors insurance premiums, this year
Absolutely correct. Now look at the make-up of the Board. Who really new what running an airline was all about? Maybe the guy from Singapore and that's all. EB is a total disgrace who loved the limelight and title but knows sweet fanny adams about running a company let alone a complex business like Virgin...