The Qantas Group has announced a resize of its group management committee as it continues to respond to the expanding COVID-19 crisis.
Tino La Spina (pictured above), CEO of Qantas International, will leave the group in light of what is likely to be the extended grounding of this part of the airline.
Responsibilities currently held by La Spina will transfer to Andrew David, CEO of Qantas Domestic.
David’s role will change as a result, adding functional responsibility for Qantas International in addition to his existing responsibility for Qantas Domestic and Qantas Freight, reporting to Group CEO Alan Joyce.
John Gissing, group executive of associated airlines and services, will continue to have responsibility for regional carrier QantasLink.
The management changes to Qantas Group will take effect from 1 September 2020.
Qantas Group Alan Joyce said the COVID crisis has forced the company to rethink its business model “at every level”.
“It’s increasingly clear that our international flights will be grounded until at least mid-2021, and it will take years for activity to return to what it was before,” he said.
“Under those circumstances, we’ve made the decision to consolidate the domestic and international business units under a single divisional CEO.
“Tino has done a superb job throughout his 14 years at Qantas. He’s a talented executive who brings his trademark enthusiasm to every challenge.
“I know I speak for the rest of the executive team and for the board in thanking him sincerely for the huge contribution he has made, particularly as deputy CFO and then CFO for most of that time.”
The management changes to Qantas Group will take effect from 1 September 2020.
The management changes to Qantas Group will take effect from 1 September 2020, and come not long after the company revealed a $1.9 billion loss for the last financial year.
As part of its response to the COVID crisis, Qantas Group’s management committee took three months of zero pay in the last quarter of FY20 and is on reduced pay (65 per cent for the CEO and 85 per cent for other executives) until November 2020.
