Goyder is a perfect example of how a a lot of board directorships are nothing more than highly paid sinecures. It never ceases to amaze me how some people get onto multiple boards, often with absolutely no background in the industry the company operates in. But they have a profile so that makes it all ok. Goyder has merely rubber stamped whatever Joyce wanted. After all, Joyce was the industry insider wasn’t he? So the Qantas share price is below what it was when Joyce walked in the door, they have outsourced maintenance to cheaper countries, they have ageing fleet of planes, have illegally sacked workers, destroyed public trust in a once revered business, tried to cancel flight credits and been forced to backtrack, accepted fares on cancelled flights that people have had to fight to get their money returned and Dicky boy had happily let Al pal do all this while he was probably off having a nice steak and lovely glass of red from the Corporate dining room while collecting his directors fees and shares, pausing just long enough to sign off on the “take as much as you want Alan” salary package.
Joyce exits with a $24m exit package after all that? White collar crime if you ask me.
Damn straight Goyder should step down from the Chair of Qantas.
As for the AFL. Goyder:” hey Gill, you run the show, we’ll watch from here and cheer you on. You do whatever you want pal and stay on as long as you like. All good buddy”. “Care for a glass of Grange? It’s a very good year”…
