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readytotaxi
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 11:05 am

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)
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Gingersnap
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 11:27 am

I'm not sure how employable he's made himself with his "not happy with his pay" remark.
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Vasu
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 12:15 pm

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

Oh, is that it...?   
 
BestWestern
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 12:24 pm

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.
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readytotaxi
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 12:33 pm

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]
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EK413
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 12:49 pm

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]
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skipness1E
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 12:58 pm

That's low, mind you the staff aren't overpaid either.
 
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EK413
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 1:06 pm

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
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jcwr56
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 1:25 pm

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.
 
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aerorobnz
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 1:31 pm

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.
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jonnyclark
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 2:38 pm

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
 
AAMDanny
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 5:41 pm

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.
 
anstar
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 5:48 pm

I thought the info released mentioned he was retiring... not quiting.
 
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readytotaxi
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 6:01 pm

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.
 
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tuiflyer
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 7:20 pm

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!
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tuiflyer
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Virgin Atlantic CEO To Retire At End Of Year

Sun Sep 09, 2012 11:10 pm

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!
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RWA380
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Virgin Atlantic CEO To Retire At End Of Year

Mon Sep 10, 2012 11:44 am

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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