NewsBite

Rear Window

Joe Aston

Share sales portend Corporate Travel CFO's exit

When we revealed in December that Corporate Travel Management’s former group CFO Steve Fleming had sold 84 per cent of his holding (90,000 shares for around $1.9 million) in the company, it was clear the bloke was making like Usain Bolt for the exit.

Remember, 47 weeks into fiscal 2019, bearing down upon full-year results, Fleming was demoted and shipped off to the newly minted position of Europe CFO. From that point, “we presumed Fleming would enjoy his working holiday on the Continent and be keeping his eyes peeled for a new career opportunity”.

Loading...
Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news

Read More

Latest In Tourism

Fetching latest articles

Most Viewed In Rear window

    Original URL: https://www.afr.com/rear-window/share-sales-portend-corporate-travel-cfo-s-exit-20200211-p53ztj