Virgin Australia Group CEO stepping down
Virgin Australia Group CEO John Borghetti announced he plans to step down and will not renew his contract past 1 January 2020.
Virgin said the CEO had signalled his desire to depart then in order to give the airline time to find a replacement.
Borghetti replaced Virgin Australia founder Brett Godfrey as chief executive in May 2010 and set about reinventing Virgin as a full-service carrier, competing with Qantas for the premium market while acquiring low-cost carrier Tigerair Australia.
