Virgin Australia CEO Hrdlicka Steps Down After Four Years

  • Hrdlicka says time is right as airline eyes potential IPO
  • Owner Bain Capital had planned 2023 IPO before delaying
Lock
This article is for subscribers only.

Virgin Australia Chief Executive Officer Jayne Hrdlicka will step down after four years in the role, saying the time is right to ensure a new leader is in place to see the airline through a future public listing.

The board will shortly start a global search for a new CEO, the carrier said in a statement Tuesday.