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Qantas Airways Ltd says a contentious $3 million payment as part of former CEO Geoff Dixon’s $10.7 million salary package was a contractual obligation.
Mr Dixon stood down from the role on November 28 last year but stayed on to the end of March as a consultant.
Chairman Leigh Clifford told shareholders at the national carrier’s annual [...]
Here’s the question a Qantas shareholder at the company’s AGM in Perth today might want to ask: Was Geoff Dixon sacked, or is the board incompetent?
There’s nothing novel about the use of euphemisms when boards part ways with their CEOs, as so many so often do. Among the favourite phrases from the Cliches Handbook are [...]
