Executive shake-up
Opinion
For subscribers
Continuous explosions: Magellan chief executive exits with a bang
It is paradoxical that Andrew Formica says the key to stemming the outflow of funds across Magellan’s products is to have “less noise” when the shock departure of the chief executive screams chaos.
- by Elizabeth Knight
Latest
Surprise exit for Magellan chief as company bleeds funds
Magellan boss David George left the role on Wednesday after just 17 months as the fund manager looks to restore its once high-flying status.
- by Millie Muroi
Qantas chair Richard Goyder to step down amid board overhaul
Qantas has committed to rejig its board and impose a three-year tenure limit for directors as it seeks to restore trust with the public.
- by Jessica Yun
Lachlan Murdoch’s road to the top
Every morning before catching the school bus, Lachlan and his siblings would read the morning papers, with his father flagging stories of interest, ordering: “Read that.”
- by Dawn Chmielewski and Helen Coster
Sydney Airport appoints Transurban boss Scott Charlton as its new CEO
The long-time Transurban boss will take over from Geoff Culbert in December.
- by Amelia McGuire
‘Not fully transparent’: BP chief the latest to resign over personal conduct questions
Bernard Looney became the latest corporate leader to stand down over personal conduct concerns after a review into his past relationships with company employees.
- by Danica Kirka
Opinion
Aviation
The unravelling of Qantas: Can its board survive?
There is now immense pressure on Qantas’ directors and major shareholders to engineer a timetable for the early departure of chairman Richard Goyder.
- by Elizabeth Knight
Senior leader quits while Qantas awaits High Court verdict
A senior Qantas executive has resigned, following a torrid three weeks for the airline business while it awaits a key legal ruling following its High Court appeal.
- by Amelia McGuire
‘They were good people’: Forrest opens up on Fortescue exits
Andrew Forrest says the miner needs “constant alignment of interest” in the company’s green ambitions as he addressed the departures of three high-profile executives from the company over the past week.
- by Eric Ombok and Mark Burton
‘This is just the first step’: Investors cautiously welcome Joyce exit
Qantas boss Alan Joyce did a great job until he didn’t, according to fund managers and shareholder advisers. His early departure may not be enough to quell the disquiet.
- by Millie Muroi and Sarah Danckert
Opinion
For subscribers
Alan Joyce’s messy end to a glittering career
Alan Joyce ends his long Qantas career amid a raft of controversies and significant damage to the airline’s brand. With time, however, his 15 years in the top job might be viewed more positively.
- by Stephen Bartholomeusz