(23/05/23)
Qantas has confirmed that former American
Airlines CEO and Chairman, Doug Parker, has joined the Qantas
Board, while in November, long-serving Qantas Director Michael L’Estrange AO will retire from the Board at the expiry of his
current term, having made a substantial contribution over more
than seven years.
“There are few people with as much experience
running airlines as Doug. He’s spent more than two decades as an
airline CEO in North America, including eight years heading up the
world’s largest airline. The knowledge and perspective he’ll bring
to the Board will be a huge asset as we grow in the years ahead,”
said Qantas Chairman, Richard Goyder. “Michael has made a huge
contribution to Qantas over the past seven years, especially
during the most acute parts of the COVID crisis when the Board met
intensively. He is an incredibly diligent director and, in
particular, his insights on international relations and government
affairs have been invaluable. We are extremely grateful for his
efforts.”
While Doug was CEO of American Airlines, its
relationship with Qantas expanded significantly as the two
carriers formed a joint business to serve passengers better.
He will sit on the Board with immediate effect ahead
of a shareholder vote at the company’s 2023 Annual General Meeting
on 3 November.
“Qantas has always been one of the
world’s great airlines and it has clearly come through the
pandemic in a very strong position. I’m honoured to be joining the
board at a time when there is a lot of momentum and I look forward
to doing what I can to support that,” Doug said.
Current non-Executive director, Michael L’Estrange,
will retire at the AGM after three terms.
Following the November AGM, Qantas will have an
eight member board, consisting of four women and four men.
Doug Parker's Career
1986 – 1991 American Airlines (various financial
management positions).
1991 – 1995 North West Airlines (Vice President,
Assistant Treasurer and Vice President of Financial Planning and
Analysis).
1995 – 2005 America West Airlines (Chief Financial
Officer; appointed Chief Executive Officer in 2001).
2005 – 2013 US Airways (Chief Executive Officer).
2013 – 2021 American Airlines (Chief Executive
Officer).
Doug holds a Bachelor of Arts degree in
economics from Albion College and a Master of Business
Administration degree from Vanderbilt University.
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