Jetstar CEO Gareth Evans will stand down from his role in December after 23 years of working in the wider Qantas Group.
Evans was seen as a key contender to eventually replace Group CEO Alan Joyce, and the news of his departure comes months after the business hinted Joyce would continue for some time to come.
“Gareth has been a superb leader and member of the senior executive team for many years. He’s given an incredible amount to the organisation in several key roles, from his time as CFO through major restructuring and most recently as Jetstar CEO as we navigated COVID,” said Joyce.
“When he leaves next year it will be with our sincere thanks and best wishes.”
An announcement on the ASX added Evans will remain with the larger Qantas group into next year to work on “key projects” before leaving during 2023.
“An internal recruitment process for the Jetstar CEO role is underway, with a handover of several months expected,” read the statement.
Joyce has been Qantas chief executive for almost 14 years and is now one of the longest-serving CEOs currently working for an ASX company.
In March, Qantas chairman Richard Goyder said Joyce’s contract was open-ended.
“Alan will remain as CEO until at least the end of 2023, and possibly beyond,” said Goyder. “He’s done an incredible job through the pandemic and now into the rebuild, and he’s about as energised in the role as I’ve ever seen him given what’s on the horizon.”
More to come…