Qantas Airways Limited announced it has already selected a new chief executive officer who will replace Alan Joyce, who is set to retire in November. The flag carrier of Australia promoted Vanessa Hudson to the role, and she will be the company’s very first female CEO.
According to Reuters, the incoming chief joined Qantas 28 years ago, and throughout her career at the company, she held several senior executive roles. She was also once the chief customer officer and senior vice president for the Americas and New Zealand there.
On the other hand, the retiring 56-year-old Joyce held the CEO role at the airline for more than 14 years. He had greatly helped the company to get over the difficulties brought about by the COVID-19 pandemic, stiff competition, and unstable prices of fuel.
Richard Goyder, Qantas Airways’ chairman, shared that the appointment of Hudson was the result of a careful selection process. They also organized a system for a smooth transition as Joyce exits and Hudson takes over.
“A lot of thought has gone into this succession and the Board had a number of high-quality candidates to consider, both internally and externally,” the Qantas chairman said in a press release. “Vanessa has a deep understanding of this business after almost three decades in a range of roles both onshore and offshore, across commercial, customer, and finance. She has a huge amount of airline experience and she’s an outstanding leader.”
He added, “A key strength of Qantas is the sheer depth of talent it has, and Vanessa will be supported by a deep bench of executives across the organization as well as by the Board.”
Meanwhile, Qantas Airways said that Hudson will remain in her current role as chief financial officer until she takes over as the company’s 13th CEO. She is set to formally assume the chief position at the upcoming 2023 annual general meeting.
Photo by: Josh Withers/Unsplash


Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
OpenAI Explores Massive Funding Round at $750 Billion Valuation
South Korea Warns Weak Won Could Push Inflation Higher in 2025
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 



