Ex-Virgin Australia Boss Hrdlicka Receives $33 Million Payout

Former Virgin Australia Holdings Ltd. Chief Executive Officer Jayne Hrdlicka left the airline with a final package of A$50 million ($33 million), a windfall that makes her one of the country’s best-paid leaders.

Hrdlicka was CEO of Virgin Australia from November 2020 until March 2025, and left before its June initial public offering. Bain Capital sold a 30% stake in the airline in the IPO.

Jayne Hrdlicka

Photographer: Brendon Thorne/Bloomberg

Her remuneration for the year ended June 2025 included 10.2 million shares valued at A$29.7 million at the time of the IPO, cash and termination payments of A$18.4 million, and A$1.2 million in fixed ...