Atlantic CFO Julie Southern has been promoted to the newly created
role of chief commercial officer.
The CCO role will see her tale responsibility for network expansion, trade
alliances and driving revenues through sales, pricing and marketing.
As CFO she reshaped the business to reduce costs during the downturn.
Southern has spent ten years at Virgin, having served as group FD of Porsche
Cars Great Britain.
“Julie’s expertise has enabled the business to steer a course through some
very difficult times but now we can utilise her strengths at the front end of
the business, driving new relationships, revenues and ultimately our growth
strategy,” said Virgin Atlantic chief executive Steve Ridgway.
Her promotion sees current FD Tim Livett promoted to the CFO position and
moves onto the main board. Southern has overseen Livett’s development in his
role over the past six years.
Livett joined Virgin in 2004 from Hudson Highland Group where he was European
CFO. He also spent eight years at British Airways.
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up