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Virgin Atlantic CEO To Retire At End Of Year  
User currently offlinereadytotaxi From United Kingdom, joined Dec 2006, 3232 posts, RR: 2
Posted (1 year 11 months 3 weeks 5 days 21 hours ago) and read 12467 times:

Did a search but found nothing.

Steve Ridgeway told the GBO that he was going back in January this year,he will stay on till the end of the year to help find a successor.
Names mentioned are Julie Southern,the current Chief commercial officer.
Rob Fyfe CEO of Air New Zealand
"In an interview with the Sunday Times last month Steve admitted he was not happy with his pay, £350,000 and my bosses know that."

Will he be snapped up or perhaps wants a change of life.

(Source London Sunday Times)


you don't get a second chance to make a first impression!
16 replies: All unread, jump to last
 
User currently offlinegingersnap From United Kingdom, joined Aug 2010, 893 posts, RR: 5
Reply 1, posted (1 year 11 months 3 weeks 5 days 21 hours ago) and read 12372 times:

I'm not sure how employable he's made himself with his "not happy with his pay" remark.


Flown on: A306 A319/20/21 A332 B732/3/4/5/7/8 B742/4 B752 B762/3 B772/W C152 E195 F70/100 MD-82 Q400
User currently offlineVasu From United Kingdom, joined Apr 2005, 3900 posts, RR: 0
Reply 2, posted (1 year 11 months 3 weeks 5 days 20 hours ago) and read 12178 times:

Quoting readytotaxi (Thread starter):
Steve admitted he was not happy with his pay, £350,000

Oh, is that it...?   


User currently offlinebestwestern From Hong Kong, joined Sep 2000, 7124 posts, RR: 57
Reply 3, posted (1 year 11 months 3 weeks 5 days 20 hours ago) and read 12132 times:

Wondering if he isn't in agreement with the domestic route diversification?

The new appointment will tell us a lot about the future direction of the company.



The world is really getting smaller these days
User currently offlinereadytotaxi From United Kingdom, joined Dec 2006, 3232 posts, RR: 2
Reply 4, posted (1 year 11 months 3 weeks 5 days 20 hours ago) and read 12097 times:

Quoting gingersnap (Reply 1):
I'm not sure how employable he's made himself with his "not happy with his pay" remark.

I guess he is sending out a clear message to a future employer, if any.  

How does his pay level compare with others in the field?

[Edited 2012-09-09 06:06:31]


you don't get a second chance to make a first impression!
User currently offlineEK413 From Australia, joined Nov 2003, 4907 posts, RR: 4
Reply 5, posted (1 year 11 months 3 weeks 5 days 19 hours ago) and read 12010 times:

Quoting readytotaxi (Thread starter):
"In an interview with the Sunday Times last month Steve admitted he was not happy with his pay, £350,000 and my bosses know that."

That pay check sounds low for a CEO... £350,000 = AUS $540,000...

EK413

[Edited 2012-09-09 05:50:35]


Good evening, ladies and gentlemen. We are tonight’s entertainment!
User currently offlineskipness1E From United Kingdom, joined Aug 2007, 3238 posts, RR: 1
Reply 6, posted (1 year 11 months 3 weeks 5 days 19 hours ago) and read 11965 times:

That's low, mind you the staff aren't overpaid either.

User currently offlineEK413 From Australia, joined Nov 2003, 4907 posts, RR: 4
Reply 7, posted (1 year 11 months 3 weeks 5 days 19 hours ago) and read 11907 times:

Quoting skipness1E (Reply 6):

That's low, mind you the staff aren't overpaid either.

I wouldn't be complaining nor am I implying he isn't paid enough... Comparison with other CEO positions it sounds low...

EK413



Good evening, ladies and gentlemen. We are tonight’s entertainment!
User currently offlinejcwr56 From United States of America, joined Jul 2012, 490 posts, RR: 1
Reply 8, posted (1 year 11 months 3 weeks 5 days 19 hours ago) and read 11814 times:

Personally, he's the one who failed at placing a higher value on himself, not the other way around. He also agreed to the salary, so for me it comes across as whining, not too professional if you ask me.

User currently offlineaerorobnz From Rwanda, joined Feb 2001, 7184 posts, RR: 13
Reply 9, posted (1 year 11 months 3 weeks 5 days 19 hours ago) and read 11761 times:

I doubt Rob Fyfe is interested.
1) He gets paid 3x that salary already as NZ CEO without bonuses
2) He stated to media that he doesn't want another airline CEO job - feels after what he has been through with NZ that it would feel wrong to work at a competitor and that he just wants to enjoy life for a while without work.


User currently offlinejonnyclark From United Kingdom, joined Feb 2011, 115 posts, RR: 0
Reply 10, posted (1 year 11 months 3 weeks 5 days 18 hours ago) and read 11229 times:

Quoting readytotaxi (Thread starter):
Steve Ridgeway told the GBO that he was going back in January this year,he will stay on till the end of the year to help find a successor.

Actually, I think it's spring next year he will step down according to official Virgin sources (press release). It also hints in the press release he's retiring from the industry. Although i'm sure he'll continue to work in other roles for Virgin as stated by Sir Richard Branson:

“Steve has been a close friend and confidant since the early days when we bounced across the Atlantic ocean in Virgin Atlantic Challenger; bringing the Blue Riband back to the UK. He has been a hands-on, inspirational leader and has shaped the airline into the company it is today with his carefully developed management team. His industry knowledge and business acumen has ensured Virgin Atlantic remains a consumer favourite. He will be very much involved with the airline into next year and will doubtlessly be involved in other Virgin projects as we value his skills so highly. I personally thank him for his dedication to Virgin Atlantic over the past 23 years.” full report here:
http://thedesignair.wordpress.com/20...om-virgin-atlantic-after-23-years/



Jonny, commercial pilot & founder of Thedesignair
User currently offlineAAMDanny From United Kingdom, joined Apr 2008, 354 posts, RR: 0
Reply 11, posted (1 year 11 months 3 weeks 5 days 15 hours ago) and read 9172 times:

Would anybody want him after the price fixing scandal?

After being stationary for such a long time VS really have been pushing a lot of change recently, retrofitting aircraft, launching new products, A330, 787's on the way and now a new CEO is on the cards.


User currently offlineanstar From United Kingdom, joined Nov 2003, 5195 posts, RR: 6
Reply 12, posted (1 year 11 months 3 weeks 5 days 15 hours ago) and read 9064 times:

I thought the info released mentioned he was retiring... not quiting.

User currently offlinereadytotaxi From United Kingdom, joined Dec 2006, 3232 posts, RR: 2
Reply 13, posted (1 year 11 months 3 weeks 5 days 14 hours ago) and read 8900 times:

Quoting jonnyclark (Reply 10):
He will be very much involved with the airline into next year and will doubtlessly be involved in other Virgin projects as we value his skills so highly.
Quoting anstar (Reply 12):
I thought the info released mentioned he was retiring... not quiting.

Perhaps a semi retirement, a bit like Tony Blair.
 



you don't get a second chance to make a first impression!
User currently offlineTUIflyer From United Kingdom, joined Jan 2008, 206 posts, RR: 0
Reply 14, posted (1 year 11 months 3 weeks 5 days 13 hours ago) and read 8032 times:

Quoting readytotaxi (Thread starter):

I doubt its anything to do with pay, he has worked for VS since 1989 and is a personal friend of SRB, according to the FT he is going to be involved with other Virgin projects, this doesnt sound like someone leaving on bad terms.

Quoting AAMDanny (Reply 11):

Indeed, exciting times for Virgin Atlantic!



Don't just travel, travel with a smile. . .
User currently offlineTUIflyer From United Kingdom, joined Jan 2008, 206 posts, RR: 0
Reply 15, posted (1 year 11 months 3 weeks 5 days 9 hours ago) and read 5597 times:

Quoting readytotaxi (Thread starter):

According to the FT Steve Ridgeway is leaving to be involved with other Virgin projects, Steve is a close friend of SRB and I doubt pay would be an issue, he has been with Virgin Atlantic since 1989 and has been CEO for 10, surely if pay was the problem he would have left before now? Sounds like hearsay to me.

Quoting AAMDanny (Reply 11):

Very exciting times for VAA and it's staff and customers!



Don't just travel, travel with a smile. . .
User currently offlineRWA380 From United States of America, joined Feb 2005, 3199 posts, RR: 5
Reply 16, posted (1 year 11 months 3 weeks 4 days 21 hours ago) and read 3351 times:

Quoting gingersnap (Reply 1):
I'm not sure how employable he's made himself with his "not happy with his pay" remark.

If what I read about SRB is correct, or even half correct, SRB would find his comment refreshing and honest, qualities I am pretty sure he would find appealing. Now whether or not he would entertain this gentleman for a job remains to be seen.

But most people I think, would have negative reactions to that brash & ballsy statement, depends on the individual I guess.



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