Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Qantas appoints new Chairman amid board renewal

Published

on

Qantas Airways has announced significant changes to its board, including the appointment of John Mullen as the new chairman, as part of its ongoing renewal strategy following a tumultuous period for the airline.

John Mullen, former chairman of Telstra, will assume the role of chairman of Qantas’ board, succeeding Richard Goyder.

John Mullen, former chairman of Telstra.

Mullen will officially join the board as a non-executive director and chairman-elect on July 1, with plans to take on the chairman’s responsibilities ahead of the company’s annual general meeting in October.

In addition to Mullen’s appointment, Dr. Nora Scheinkestel will also join the board as a non-executive director and chair of the remuneration committee effective March 1, 2024.

Read more – how to land a job at Cathay Pacific

Richard Goyder, outgoing chairman of Qantas, remarked that these changes mark a new chapter for the airline following a period of significant challenges, including the early resignation of former CEO Alan Joyce and Goyder’s own decision to step down.

Goyder expressed confidence in Mullen’s ability to lead Qantas into its next phase, citing Mullen’s extensive experience as a director and chairman of large and complex companies, as well as his distinguished executive career in the transport sector both domestically and internationally.

“These changes reflect a new chapter for Qantas, and John brings a wealth of experience that makes him the right choice to lead the national carrier into its next phase,” stated Goyder.

The announcement comes amidst ongoing efforts by Qantas to navigate the challenges posed by the COVID-19 pandemic and reshape its operations to adapt to changing market dynamics.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

on

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Continue Reading

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

on

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Continue Reading

Leaders

Trump promises to slap unprecedented tariffs on foreign allies

Published

on

Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

Continue Reading

Trending Now