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Qantas Reduces Former CEO Alan Joyce's Exit Package by $6.1 Million

The airline's internal review cites management errors and a focus on financial goals over customer care during Joyce's tenure.

  • Alan Joyce's final payout cut by A$9.3 million due to governance issues.
  • Qantas faced public backlash over high fares, flight cancellations, and poor customer service.
  • The internal review highlighted excessive deference to Joyce and lack of board challenges.
  • Qantas is implementing 32 recommendations to rebuild trust with stakeholders.
  • Current CEO Vanessa Hudson is leading changes to improve governance and transparency.
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