Business

Struggling Virgin Australia hires first female CEO

Chief executive and managing director Paul Scurrah, who has held the position for 18 months, will step down

Updated 5 years ago · Published on 15 Oct 2020 11:52AM

Struggling Virgin Australia hires first female CEO
Jayne Hrdlicka is set to take over when the deal is completed in November. – AFP pic, October 15, 2020

SYDNEY – Former budget airline boss Jayne Hrdlicka will become Virgin Australia's first female chief executive after the struggling airline's administrators announced today its current boss would step down.

Chief executive and managing director Paul Scurrah, who has held the position for 18 months, will be replaced by the former Jetstar chief once US private equity firm Bain Capital takes over the carrier, the airline announced in a statement.

"Whilst it has been the most challenging time in aviation history, I have continued to be so proud of the way my team and our entire organisation has fought to save this airline," Scurrah said.

"The time feels right, and I know the business will be in good hands."

Virgin went into voluntary administration in April shortly after Australia closed its international borders and domestic travel plunged.

The airline previously said it would close its budget subsidiary Tigerair Australia and lay off 3,000 staff as it prepares to relaunch under the new ownership.

Hrdlicka, an American business executive who is currently the chair of Tennis Australia and previously led Aussie milk company A2 Milk, is set to take over when the deal is completed in November. – AFP, October 15, 2020

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