00:00 Qantas shareholders have demanded resignation Chairman Richard Goida and warned rest of
00:05 airlines "bored" as concerns grow among angry investors about rising cost legal battles
00:13 and reputational damage.
00:15 Key Points Australian Shareholders Association says Qantas chief Richard Goida should resign
00:22 after "latest scandals Australian Shareholders Association says Qantas chairman Richard Goida
00:29 should "resign after recent scandals"The group also issued notice to the Qantas board ahead
00:35 of the annual.
00:38 General meeting in November The group also made announcement to the Qantas
00:41 board ahead of annual.
00:44 General meeting in November.
00:46 Mr Goida and Chief Executive Vanessa Hudson will be questioned at the Senate inquiry into
00:52 Qatar.
00:54 Airways rejection in Canberra on Wednesday.
00:57 Mr Goida's tenure as Qantas chairman ends following fallout from Australian Shareholders
01:03 Association.
01:04 ACCC case over ghost flights.
01:08 Supreme Court ruling on illegally dismissed workers and the airline's eventual multi-million
01:14 dollar.
01:15 He said it was necessary.
01:17 Payment to former CEO Alan Joyce.
01:20 "We think it is time for Richard Goida to resign," CEO Rachel Waterhouse told The Business.
01:27 "Richard Goida is just one of the board members and first among equals to become chairman.
01:34 Last week Mr Goida told ABC he had the support of airline's largest shareholders and board.
01:43 Shareholders are very supportive of what we're doing right now.
01:47 The new CEO.
01:49 And certainly me."
01:50 But Ms Waterhouse said the shareholders she spoke to did not offer messages of "support
01:57 to Mr Goida."
01:58 What him hearing from retail shareholders is that change is needed and Richard Goida
02:03 should resign.
02:05 He said, "This dialogue has been changing over the last few weeks as more issues have
02:10 come to light.
02:12 But it is clear that a change in leadership is necessary.
02:16 Many facts have come to light that call into question ability to supervise the CEO management
02:22 team" and questions surrounding timing of Alan Joyce's share sale payment.
02:29 This is concerning for retail shareholders.
02:32 Qantas chairman Richard Goida has faced growing calls.
02:36 For his resignation in recent weeks as scandals have rocked the airline.
02:42 Ms Waterhouse said the remaining members of Qantas board needed to see themselves as people
02:47 ready to improve the airline's culture.
02:51 The board has made a decision around the CEO.
02:54 Now they need to think about what.
02:57 When.
02:58 What is appropriate and the risks they may have overlooked, he said.
03:03 The board needs to think about themselves and the skills needed for the future.
03:09 Qantas board of.
03:10 Directors consists of 10 members.
03:13 Along with Mr Goida and CEO Vanessa Hudson.
03:17 It also stars Maxine Brenner, Jacqueline Hay, Belinda Hutchinson, Michael Lestrange, Doug
03:25 Parker, Todd Sampson, Heather Smith and Anthony Tyler.
03:30 Ms Waterhouse said Mr Goida should resign after attending the airline's annual general
03:36 meeting in.
03:37 November.
03:39 Where a clear succession plan was in place.
03:42 Hudson's time as CEO not yet untenable Ms Waterhouse said Qantas current chief ex.
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