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Old 4th Nov 2023, 04:15
  #737 (permalink)  
SIUYA
 
Join Date: Nov 1998
Location: Planet Earth
Posts: 685
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Goyder said at the AGM:

I also want to acknowledge the contribution made by Alan Joyce. Alan was the founding CEO of Jetstar for five years before becoming CEO of the Group for 15 years. He guided this company through some of its biggest challenges, which meant making some tough decisions.
Goyder’s got his head stuck firmly up his arse if after all the bad news of recent weeks he can’t (or refuses to) see that Joyce’s destructive and toxic (mis)management has been the main driver that's trashed the Qantas brand.

Goyder also appears to have let his arrogance, ego, power, and authority overrule his obligation under Section 250 of the Corporations Law 2002 by shutting down shareholder Chris Maxworthy’s question about the decision to allow Joyce to sell most of his shares shortly before the ACCC announced it was taking the national carrier to court for allegedly selling tickets for cancelled flights.

By doing so, Goyder didn’t allowMr Maxworthy a reasonable opportunity to ask his questions, and to make comments, especially as they related to the ethics of Qantas management.

The conduct of the Board at the AGM was predictable. The same old insincere and, so far, meaningless bull**** apologies, no commitment to treat staff OR customers better, and no tangible plans about how the damage to the brand will or can be repaired.

Seems to me that with the Qantas ‘defence’ to the ACCC proceedings, the ongoing refusal to fix the Network Aviation issue, and the way that the Board handled the AGM yesterday, the leopard clearly can’t/won’t change its spots, and we’re in for more of the same poor behaviour.

So, maybe you’re right Megan, and the plan of the Qantas Board and (mis)management is to have the share price at $0.00. Who really knows?

But at the very least, it would be a real achievement for the morons.
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