Virgin Australia CEO Jayne Hrdlicka has announced she will be stepping down from her role.
The airline boss made the announcement on Tuesday afternoon, the same day Virgin announced a return to profitability over the 2023 financial year and a ‘strong’ first half of the 2024 financial year.
‘After nearly four years of intensive work and transformation since the dual challenges of Administration and the onset of Covid-19, Jayne has decided that now is the right juncture to ensure that succession is in place to see the company through a future IPO and beyond,’ Virgin Australia said in a statement.
‘The Board of Virgin Australia will shortly commence a global search process for a new CEO.’
Jayne Hrdlicka, the chief executive of Virgin Australia, has announced she is stepping down from her role
Ms Hrdlicka is seen with Australian model Elle Macpherson at the Australian Open
Ms Hrdlicka told staff in a letter she was ‘grateful for the opportunity to be part of this very special culture’.
‘I have decided the time is right for me to signal CEO transition for this great airline and ultimately to pass the baton on,’ she said.
‘This is not a decision I have taken lightly, but the last four years have been heavy lifting across the organisation during the toughest of times.’
It is unclear when will be her final day in the top job.
More to come