Virgin Australia CEO Borghetti To Step Down In 2020

Virgin Australia Group CEO John Borghetti has announced he will leave the carrier in 2020, which sharpens the focus on who will succeed him. Borghetti has advised the board he will not seek to renew his contract beyond January 2020.

Borghetti has led Virgin Australia since 2010, and has overseen the carrier’s transition from a low-cost carrier to a larger full-service airline.

Rob Sharp was named to replace John Thomas as group executive for the mainline carrier in November, after serving as CEO of Virgin subsidiary Tigerair. Sharp will likely be a leading candidate for the group CEO role.