Business
Don’t blame Virgin Australia CEO Jayne Hrdlicka – The Australian Financial Review
Nothing’s ever the fault of Virgin Australia chief executive Jayne Hrdlicka.
Firstly, Hrdlicka didnt leave the a2 Milk Company because her husband had cancer. Thats impossible, because she didnt leave a2 of her own volition.
The announcement didnt say she resigned for family reasons, it said she has agreed to step down. That is, the board asked her to step down, and she agreed. It was a polite sacking. Chairman David Hearnreferred to her settlement. The companys FY20 financial statements expensed NZ$1.8m of termination payments to key management personnel in a year when…
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