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Virgin’s Velocity frequent flyer to get chief financial officer

written by australianaviation.com.au | March 23, 2015
Virgin Australia's Velocity frequent flyer program. (Virgin Australia)
Virgin Australia’s Velocity frequent flyer program. (Virgin Australia)

Virgin Australia has appointed a former NAB executive as the first chief financial officer of its Velocity frequent flyer program.

Sterling Brain will commence with Velocity in May, having most recently worked at NAB as its head of loyalty and also had roles with Boston Consulting and PricewaterhouseCoopers, Virgin said in a statement on Monday.

“Sterling’s extensive experience in loyalty, finance and strategy will be of tremendous value to the group as we continue to build one of the world’s leading loyalty programs,” Virgin chief executive John Borghetti said.

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Borghetti said Velocity had doubled its membership numbers to 4.8 million over the past five years and was now moving into its next phase of growth.

Velocity is also on the lookout for a new chief executive, with Neil Thompson announcing in February he would step down after two and a half years in the job once a replacement was found.

Virgin recently sold 35 per cent of Velocity to Affinity Equity Partners for $336 million.

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Virgin’s Velocity frequent flyer to get chief financial officer

written by australianaviation.com.au | March 23, 2015
Virgin Australia's Velocity frequent flyer program. (Virgin Australia)
Virgin Australia’s Velocity frequent flyer program. (Virgin Australia)

Virgin Australia has appointed a former NAB executive as the first chief financial officer of its Velocity frequent flyer program.

Sterling Brain will commence with Velocity in May, having most recently worked at NAB as its head of loyalty and also had roles with Boston Consulting and PricewaterhouseCoopers, Virgin said in a statement on Monday.

“Sterling’s extensive experience in loyalty, finance and strategy will be of tremendous value to the group as we continue to build one of the world’s leading loyalty programs,” Virgin chief executive John Borghetti said.

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Borghetti said Velocity had doubled its membership numbers to 4.8 million over the past five years and was now moving into its next phase of growth.

Velocity is also on the lookout for a new chief executive, with Neil Thompson announcing in February he would step down after two and a half years in the job once a replacement was found.

Virgin recently sold 35 per cent of Velocity to Affinity Equity Partners for $336 million.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

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Your email address will not be published. Required fields are marked *

Virgin’s Velocity frequent flyer to get chief financial officer

written by australianaviation.com.au | March 23, 2015
Virgin Australia's Velocity frequent flyer program. (Virgin Australia)
Virgin Australia’s Velocity frequent flyer program. (Virgin Australia)

Virgin Australia has appointed a former NAB executive as the first chief financial officer of its Velocity frequent flyer program.

Sterling Brain will commence with Velocity in May, having most recently worked at NAB as its head of loyalty and also had roles with Boston Consulting and PricewaterhouseCoopers, Virgin said in a statement on Monday.

“Sterling’s extensive experience in loyalty, finance and strategy will be of tremendous value to the group as we continue to build one of the world’s leading loyalty programs,” Virgin chief executive John Borghetti said.

Advertisement
Advertisement

Borghetti said Velocity had doubled its membership numbers to 4.8 million over the past five years and was now moving into its next phase of growth.

Velocity is also on the lookout for a new chief executive, with Neil Thompson announcing in February he would step down after two and a half years in the job once a replacement was found.

Virgin recently sold 35 per cent of Velocity to Affinity Equity Partners for $336 million.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Leave a Comment

Your email address will not be published. Required fields are marked *

Virgin’s Velocity frequent flyer to get chief financial officer

written by australianaviation.com.au | March 23, 2015
Virgin Australia's Velocity frequent flyer program. (Virgin Australia)
Virgin Australia’s Velocity frequent flyer program. (Virgin Australia)

Virgin Australia has appointed a former NAB executive as the first chief financial officer of its Velocity frequent flyer program.

Sterling Brain will commence with Velocity in May, having most recently worked at NAB as its head of loyalty and also had roles with Boston Consulting and PricewaterhouseCoopers, Virgin said in a statement on Monday.

“Sterling’s extensive experience in loyalty, finance and strategy will be of tremendous value to the group as we continue to build one of the world’s leading loyalty programs,” Virgin chief executive John Borghetti said.

Advertisement
Advertisement

Borghetti said Velocity had doubled its membership numbers to 4.8 million over the past five years and was now moving into its next phase of growth.

Velocity is also on the lookout for a new chief executive, with Neil Thompson announcing in February he would step down after two and a half years in the job once a replacement was found.

Virgin recently sold 35 per cent of Velocity to Affinity Equity Partners for $336 million.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Leave a Comment

Your email address will not be published. Required fields are marked *

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