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CFO Neate to leave Virgin Blue

written by australianaviation.com.au | December 21, 2010
photo - Seth Jaworski

Virgin Blue chief financial officer (CFO) Keith Neate has resigned with effect from March 31 next year.

“The aviation industry is relentless and whilst I have thoroughly enjoyed my time in the role I am ready to give some time back to my family before pursuing other opportunities. I believe the Group is tremendously well positioned to deliver on its strategy and prosper under [CEO] John [Borghetti]’s strategic direction,” Neate said in a letter to the board and CEO.

Said Borghetti, “I would personally like to thank Keith for his commitment and contribution to Virgin Blue throughout his time with the Group. Keith has played an integral role in the management of the company, successfully steering it through some extremely difficult times including most recently the global financial crisis. I wish him well in his future endeavours and would like to thank him for agreeing to stay on to ensure a seamless handover.”

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