![]() ![]() ![]() Goyder wasn’t even asked about letting Joyce sell $17 million of Qantas shares at the top of the market on June 1, with five months remaining in his CEO tenure and when Qantas had already received multiple compulsory information notices from the Australian Competition and Consumer Commission (ACCC). No senator asked Goyder if reputational damage really is a clawback trigger, and given Hudson says Australians have lost faith in Qantas, why he hasn’t clawed Joyce’s bonus back already. Goyder said, yet again, that “there’s a significant sum of money” in Joyce’s long-term bonus “that is subject to malus and clawback depending on how various things unfold in terms of Qantas’ reputation.” Yet no senator asked him to reconcile that assertion with the Qantas annual report saying that clawback is only available “in the event of serious misconduct, breach of obligations to or material misstatements in Qantas’ financial statements.” He would’ve frozen like Mitch McConnell. ” Yet no senator asked Goyder the shattering question: The people who you trust to keep your customers alive have lost confidence in your leadership. Goyder even told the inquiry that “We’ve got amazing pilots. Only 24 hours earlier, the Australian and International Pilots Association called on Goyder to resign. Goyder said, “I think Alan Joyce did an excellent job as CEO” only moments after Hudson conceded that “we have let the wider Australian public down, and we understand why people are frustrated and why some have lost faith in us.”īut if Joyce did such an excellent job, why is Hudson apologising? That’s what no senator asked Goyder to explain. Sitting side by side, the logical discrepancy between their individual positions was dazzling. Wednesday evening’s appearance before a Senate inquiry by Qantas chairman Richard Goyder and new chief executive Vanessa Hudson was a golden opportunity squandered. ![]()
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