Borghetti to head Virgin Blue

BTN News
Tuesday, 02 March 2010
Former Qantas chief John Borghetti has been appointed chief executive and managing director of Virgin Blue to succeed Brett Godfrey effective 08 May.

Godfrey, co-founder of the company, announced in July 2009 his intention to step down from the leadership role this year.


Commenting on Borghetti’s appointment Godfrey said: "I look forward to welcoming John and introducing him into the business. John has a proven track record in the aviation sector. He comes with enormous knowledge and experience. Importantly, I know he respects the Virgin Blue team and its culture.


“His understanding and participation in both the low cost and full service segments, has him uniquely placed to lead Virgin Blue in its next stage of development. I wish John and the brilliant team at Virgin Blue the very best and look forward to seeing the company grow and prosper in the years ahead."


While the broad terms of Borghetti’s employment have been agreed, various terms of the incentive components of his remuneration are still being finalised. A further announcement will be made once terms are completed.

Borghetti to head Virgin Blue

BTN News
Tuesday, 02 March 2010
Former Qantas chief John Borghetti has been appointed chief executive and managing director of Virgin Blue to succeed Brett Godfrey effective 08 May.

Godfrey, co-founder of the company, announced in July 2009 his intention to step down from the leadership role this year.


Commenting on Borghetti’s appointment Godfrey said: "I look forward to welcoming John and introducing him into the business. John has a proven track record in the aviation sector. He comes with enormous knowledge and experience. Importantly, I know he respects the Virgin Blue team and its culture.


“His understanding and participation in both the low cost and full service segments, has him uniquely placed to lead Virgin Blue in its next stage of development. I wish John and the brilliant team at Virgin Blue the very best and look forward to seeing the company grow and prosper in the years ahead."


While the broad terms of Borghetti’s employment have been agreed, various terms of the incentive components of his remuneration are still being finalised. A further announcement will be made once terms are completed.