PPRuNe Forums - View Single Post - Virgin Blue CFO steps down
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Old 22nd Dec 2010, 00:52
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Cactusjack
 
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Others include head of corporate affairs Heather Jeffery, operations chief Andrew David, V Australia general manager Scott Swift
And not a tear has been shed.

Mr Neate's departure did not surprise analysts who said he was closely aligned with the airline's previous strategy.
Agreed. The share price shoud rise $0.02 on this announcement alone.

There was speculation he may not have been comfortable with the pace of reform as Virgin tries to snare more corporate customers.
Exactly the reason why Borghetti is one of a very few airline executives who can turn DJ around quickly. Years of foolish tampering with products and business strategy (which failed) means JB has to move very fast to make up on lost time and to make quick decisions about future movements. They should call him the steamroller becasuese once this bloke gets moving anything in his path gets bumped out of the way.

Last edited by Cactusjack; 22nd Dec 2010 at 01:20.
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