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(Reuters) -Australia's Qantas Airways Ltd's outgoing chief executive, Alan Joyce, on Tuesday sold A$16.9 million ($11.3 million) of shares in the airline, ahead of his retirement in November.
Joyce, who served as the airline's CEO for 15 long years, has offloaded 2.5 million shares for A$6.75 a piece, leaving him with a holding of just 228,924 in the company, according to an exchange filing.
The stake disposal by the soon-to-be former chief executive comes after the flagship carrier named fina...
>>> Read more: Qantas CEO Alan Joyce sells $11 million in shares ahead of retirement
Joyce, who served as the airline's CEO for 15 long years, has offloaded 2.5 million shares for A$6.75 a piece, leaving him with a holding of just 228,924 in the company, according to an exchange filing.
The stake disposal by the soon-to-be former chief executive comes after the flagship carrier named fina...
>>> Read more: Qantas CEO Alan Joyce sells $11 million in shares ahead of retirement