Qantas Announces Resignation of CFO

Qantas’ chief financial officer (CFO) Colin Storrie intends to step down and resign from the board in order to spend time with his family for personal and health reasons. The company will consider internal and external candidates to replace Storrie, and has engaged advisers to assist.

Qantas has appointed Gareth Evans as acting group executive finance for the Qantas Group until a permanent replacement for Storrie is selected. Evans is currently CFO of Qantas airline.

Storrie was appointed CFO and finance director in September 2008. He has over 10 years’ experience in senior financial roles at Qantas. Previously, he was group financial controller, group treasurer and deputy CFO with responsibility for the group finance function. He has been a member of the Qantas executive committee since October 2005. Storrie is a director of a number of controlled and associated entities of the Qantas Group. Prior to joining Qantas, he worked in finance and accounting roles within investment banking and the New South Wales government. Storrie has a degree in Commerce, is a certified practicing accountant (CPA), holds a graduate Diploma in Management and is a member of the Australian Institute of Company Directors.

Evans is currently CFO Qantas Airlines within the Qantas Group and is a director of the Qantas Foundation and Jetset Travelworld. He is responsible for the financial operations of the airline, commercial and business analysis and the implementation of major business change initiatives. His previous roles with Qantas cover a number of operational areas including scheduling of the international and domestic network, ticket pricing, revenue management and airline operations on the day as well as readiness activities for the arrival of the A380. Prior to joining Qantas Airways in 1999, he held a number of corporate finance roles with Caltex Australia and KPMG in Australia and the UK.


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