A senior corporate hospitality services executive has stepped down from her post as CEO, leaving the company’s board and management in a quandary.
Key points:The company has hired former executives and is in talks with some of its former directors about the future of the companyThe executive is leaving her post after three years in chargeThe CEO, who is not named, will remain on the board until the end of next yearKey pointsCorporate hospitality is a key business for the company, which has more than 1,200 employeesIn January, the company hired former CEOs from the firm’s top management and other top executives to head up its hospitality services division.
“The decision to terminate the position of CEO was based on her continuing role in the company,” the company said in a statement on Friday.
“In her role as the CEO, she has been responsible for ensuring the sustainability and growth of the hotel industry in Australia.”
She has also been a key advocate for the corporate hospitality industry, particularly on the corporate governance issues, as well as in relation to workplace and safety initiatives.
“The CEO has not been named.
Corporate chief executive, Michael O’Brien, said he was happy to “move on”.”
I am looking forward to the next chapter in my life and am happy to move on,” he said.”
I will always look back on my time at the company and its legacy as the best of my career.
“We have many exciting years ahead of us, and I look forward to a new chapter with the people who have helped make it possible.”
Mr O’Donnell said the board would meet again at a later date to discuss the future.
Corporations and companies need strong leaders to lead them in times of uncertainty and uncertainty creates uncertainty, Mr O’Briens comments have been read in the media.
He said he would “look forward to talking with the board again” in the coming days.
“This was a decision that was made by the board in the interest of the business and I think that’s reflected in their decision to continue as CEO,” he added.
“And as such, I will look forward in the next few days to meeting with them to discuss a future for the business.”‘
A very sad day’Corporate management has been in a state of flux since last year, when former chief executive Peter Jackson left to take a job at the University of Sydney.
The company had just launched a $5 million corporate wellness program and a $4.5 million business support programme.
Coronavirus-related changes in hospitality, like changes to accommodation and the launch of a mobile app, were among the changes that brought about changes to the corporate culture.
Corona, which owns more than 700 hotels, has had a tough few years and has had to make hard decisions in the past.
Topics:corporate-management,business-economics-and-finance,management,government-and/or-politics,industry,business,industries,australiaContact the ABC’s corporate content reporter at [email protected] or call 0413 545 442Follow Alex Morris