Virgin Australia CEO John Borghetti to leave airline by 2020

VIRGIN Australia chief executive John Borghetti will leave his role in 2020, ending a decade at the company.

The airline says Mr Borghetti will not renew his contract post January 1, 2020, giving it ample time to recruit an incoming chief executive and allow for an appropriate transition.

The former Qantas executive, who joined Virgin Australia in 2010, says he looks forward to continuing his role while the company undertakes a global search for his successor.

«It is a privilege to serve as CEO of the Virgin Australia Group and to lead a wonderful team of 10,000 people,» Mr Borghetti said in a statement on Tuesday…

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