Clearly whatever fine print accompanied Alan Joyce’s employment contract as Qantas CEO was unclear on whether wholesale reputational collapse in and of itself was enough to void a $16 million payday.
So, as first reported on Wednesday, the national carrier has called in the governance experts. For independent advice or, perhaps, for cover. They’ll be the ones to blame, whatever decision the Qantas board ultimately makes.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com