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Nairaland Forum / Nairaland / General / Business / Joyce’s CEO Tenure Legacy: A Mixed Bag For Qantas Shareholders (70 Views)
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Joyce’s CEO Tenure Legacy: A Mixed Bag For Qantas Shareholders by Femiolu2000: 10:26am On Sep 21, 2023 |
Alan Joyce’s 15-year tenure as CEO of Qantas saw the airline’s shares rise by 215.5%, including reinvested dividends, from late November 2008 until his retirement in 2023. This increase in share price under Joyce’s leadership, while significant, lagged behind the broader S&P/ASX 200 Accumulated Index, which saw total returns of approximately 266.8% during the same period. It’s worth noting that Qantas, under Joyce’s leadership, experienced significant fluctuations in profitability, often swinging from losses to profits. CONTINUE READING https://www.veryserial.com/joyces-legacy/
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