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Old 20th Dec 2010, 22:35
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Horatio Leafblower
 
Join Date: Mar 2003
Location: NSW Australia
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Virgin Blue CFO steps down

From the ABC:

Virgin Blue CFO steps down

Posted 12 minutes ago


The chief financial officer of Virgin Blue, Keith Neate has resigned after 7 years at the company.

He says personal reasons are behind his decision to step down.

"The aviation industry is relentless and whilst I have thoroughly enjoyed my time in the role I am ready to give some time back to my family before pursuing other opportunities," he said in a letter.

"I believe the group is tremendously well positioned to deliver on its strategy and prosper under John's strategic direction."

Virgin chief executive officer and managing director John Borghetti says Mr Neate has played an integral role in the management of the company, and has been there during some extremely difficult times.

"I would personally like to thank Keith for his commitment and contribution to Virgin Blue throughout his time with the Group," he said in a statement.

A new CFO has not been named.
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