Aviation

Here’s who’s tipped to replace Virgin CEO John Borghetti

It’s the question on every member of the Australian airline industry’s lips: Who will replace Virgin CEO, John Borghetti?

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A secret source with a “detailed knowledge” of Virgins board has revealed to Fairfax that the list is starting to take shape.

See also: “Our product was held back”: John Borghetti slams Air New Zealand, hints at Tiger on the Tasman 

And at this stage, it looks like Tiger chief executive Merren McArthur and group executive Rob Sharp are the two most likely to succeed Borghetti.

The CEO announced he would not be renewing his contract post 1 January 2020, allowing the airline enough time to find a new CEO and smoothen the transition.

He has since expressed his desire to leave sooner as Virgin’s international owners debate the direction of the airline.

Westpack executive, George Frazis and former Australia Post boss Ahmed Fahour also seem to be in with a chance, according to Fairfax.

A spokeswoman said the airline would be conducting a global search.

“We are looking both internally and externally, and while we believe there will be great interest in the role, we will not be drawn on speculation,” she told Fairfax.

Borghetti has not yet given a reason for his departure, but last year alone he was paid $5,567,821 according to Business Insider, and to be honest if someone gave us that much money we’d probably quit our jobs and go on a permanent holiday.

So we assume that’s his plan too.


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