VIRGIN APPOINTS FORMER QANTAS GM

VIRGIN APPOINTS FORMER QANTAS GM

VIRGIN Blue Holdings Limited (VBA) has appointed former QANTAS general manager John Borghetti (pictured) as its new CEO effective May 8.

Outgoing CEO Brett Godfrey looks forward to introducing his former rival to the business. Borghetti left QANTAS in May 2008 – two years prior to his new role with Virgin.

“His understanding and participation in both the low cost and full service segments, has him uniquely placed to lead Virgin Blue in its next stage of development,” says Godfrey.

“I wish John and the brilliant team at Virgin Blue the very best and look forward to seeing the company grow and prosper in the years ahead."

Virgin chairman Neil Chatfield says with the company poised to move to the next level, Borghetti is the right person to lead it through the next phase of evolution.

“Today, Virgin Blue has a credible market position with a solid balance sheet and has the scale and momentum for further growth, despite the enormous challenges faced by the industry in recent years,” says Chatfield.

“Brett has been an inspirational leader to the Virgin Blue team and we sincerely thank him for his extraordinary dedication and talent.

“We also appreciate that he has agreed to be available to work with John to ensure a smooth transition.”

For the full Virgin Blue story including comments from its new CEO, don’t miss the March Top Companies edition of Brisbane Business News.

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