VIRGIN Australia has begun a recruitment process to replace its high-profile chief John Borghetti, who announced this morning he would leave the airline at the end of 2019 (TD breaking news).
The carrier’s ceo and md has confirmed he does not intend to renew his current contract beyond 01 Jan 2020, saying he would like to provide Virgin with an extended period to recruit and transition to a new head.
Virgin Australia Group chair Elizabeth Bryan said the board was grateful for the generous period of notice.
“The board will now commence a global search for a successor while John will remain focussed on leading the group,” Bryan said.
“I would like to acknowledge John’s enormous contribution to the Virgin Australia Group to date and thank him for his continued dedication,” she said.
Borghetti has headed the airline for more than eight years and has over 40 years’ experience in the aviation sector, having previously served as executive general manager for Qantas.
“It is a privilege to serve as ceo of the Virgin Australia Group and to lead a wonderful team of 10,000 people,” Borghetti said.
“I look forward to continuing in the role of ceo and I remain focussed on delivering the goals of the Virgin Australia Group.”
The carrier’s announcement of an international recruitment process has been taken to indicate a preference against internal recruitment.
Past head of Australian operations John Thomas had been seen as a possible heir to Borghetti, but departed abruptly in Jul after less than a year at VA.
Current senior execs include Virgin Australia Airlines group executive Rob Sharp and Tigerair Australia ceo Merren McArthur.

Source: Travel Australia