The board of Qantas (QF, Sydney Kingsford Smith) has slashed former CEO Alan Joyce’s final pay packet by AUD9.26 Australian dollars (USD6.11 million) following a governance review that blamed, among other things, his leadership style for reputational damage and customer service issues at the carrier during and after the pandemic.

The sanction against Joyce, who departed the airline early in September 2023 amid a backlash to a string of PR disasters, includes both the forfeiture of AUD8.36 million…

Source: ch aviation
Read more: Qantas board hits ex-CEO Joyce with A.26mn pay cut