Qantas CFO calls it quits
Qantas Airways Limited (QAN) announced that chief financial officer, Colin Storrie, intends stepping down and resigning from the board. The company said Mr Storrie resigned in order to spend time with his family for personal and health reasons.
Qantas chairman Leigh Clifford said Mr Storrie’s resignation would take final effect from March 5 and that the board had agreed to succession arrangements proposed by CEO Alan Joyce.
The company said it would consider internal and external candidates to replace Mr Storrie.
Mr Joyce said Qantas has appointed current CFO of Qantas airline Gareth Evans as acting group executive finance for the Qantas Group until a permanent replacement for Mr Storrie is selected.
“Colin Storrie has contributed greatly to Qantas maintaining a strong financial position during his time as CFO and before that as Deputy CFO,” Mr Clifford said.
”During his time as CFO, Qantas was able to remain in profit as it weathered the global financial crisis.”
As at 1347 AEDT, Qantas shares were down 3c to $2.59.
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