PN - Dalla Vale out, Scurrah in

 
  james.au Minister for Railways

Location: Sydney, NSW
https://www.afr.com/street-talk/paul-scurrah-back-in-the-driver-s-seat-this-time-at-pacific-national-20210315-p57apm

Cant get the full article yet though if anyone has access feel free to post below.

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  bingley hall Minister for Railways
  Jack Le Lievre Assistant Commissioner

Location: Moolap Station, Vic
They didn't seem to pick the best person for the job in Scurrah. His last job was Managing Director and CEO of Virgin Australia, also been the CEO of Queensland Rail, and the Commercial and Marketing Officer at Aurizon. All places where the organisations have taken big hits to their bottom line while he has been involved.

On the other hand, the new Chief Operating Officer, Mike Cory, has come from Canadian National, which has had pretty good growth over the past decade.
  nswtrains Chief Commissioner

They didn't seem to pick the best person for the job in Scurrah. His last job was Managing Director and CEO of Virgin Australia, also been the CEO of Queensland Rail, and the Commercial and Marketing Officer at Aurizon. All places where the organisations have taken big hits to their bottom line while he has been involved.

On the other hand, the new Chief Operating Officer, Mike Cory, has come from Canadian National, which has had pretty good growth over the past decade.
Jack Le Lievre
Just because someone has done well running CN they may not do so well running our clunky railways. Would any of our railways make Class 1 standards in the USA/Canada.
  bevans Site Admin

Location: Melbourne, Australia
Agree it is an interesting appointment.  None of the past roles to me look like lots of lots of innovation and growth.
  Lockspike Chief Commissioner

Agree it is an interesting appointment.  None of the past roles to me look like lots of lots of innovation and growth.
bevans
Remember that PN is not here to run trains for gunzels.
Nor to run trains at all;
Nor to perform freight logistics.

Their one and only function is to pay dividends to the shareholders.
  lkernan Deputy Commissioner

Location: Melbourne
To be fair, simply stabilizing Virgin Australia was a big enough job after the Borghetti years.  
The fact they lasted long enough to get bought up says he did a pretty good job.
  james.au Minister for Railways

Location: Sydney, NSW
They didn't seem to pick the best person for the job in Scurrah. His last job was Managing Director and CEO of Virgin Australia, also been the CEO of Queensland Rail, and the Commercial and Marketing Officer at Aurizon. All places where the organisations have taken big hits to their bottom line while he has been involved.

On the other hand, the new Chief Operating Officer, Mike Cory, has come from Canadian National, which has had pretty good growth over the past decade.
Jack Le Lievre
At least on the Virgin one, i think you're being too harsh.  His turnaround plan was likely to work and is more or less what Bain has taken from him before unceremoniously dumping him for their preferred and in house Hrdlika.  General views are that his turnaround plan would have led to VA profits in short order, but then covid came and messed all that up.  The fact that Bain has kept his plans is the strongest indicator to me that they were sound plans.

VAs woes are sheetable home to Borghetti and his vain attempt to become QF2 after losing the gig to Joyce (who got it as he was the better performer than Borghetti anyway).  Borghetti showed that his skills at running an airline were not great, not once but twice.
  bevans Site Admin

Location: Melbourne, Australia
They didn't seem to pick the best person for the job in Scurrah. His last job was Managing Director and CEO of Virgin Australia, also been the CEO of Queensland Rail, and the Commercial and Marketing Officer at Aurizon. All places where the organisations have taken big hits to their bottom line while he has been involved.

On the other hand, the new Chief Operating Officer, Mike Cory, has come from Canadian National, which has had pretty good growth over the past decade.
At least on the Virgin one, i think you're being too harsh.  His turnaround plan was likely to work and is more or less what Bain has taken from him before unceremoniously dumping him for their preferred and in house Hrdlika.  General views are that his turnaround plan would have led to VA profits in short order, but then covid came and messed all that up.  The fact that Bain has kept his plans is the strongest indicator to me that they were sound plans.

VAs woes are sheetable home to Borghetti and his vain attempt to become QF2 after losing the gig to Joyce (who got it as he was the better performer than Borghetti anyway).  Borghetti showed that his skills at running an airline were not great, not once but twice.
james.au

James why did he have to have a plan to rescue the company, how long was he there?
  james.au Minister for Railways

Location: Sydney, NSW
They didn't seem to pick the best person for the job in Scurrah. His last job was Managing Director and CEO of Virgin Australia, also been the CEO of Queensland Rail, and the Commercial and Marketing Officer at Aurizon. All places where the organisations have taken big hits to their bottom line while he has been involved.

On the other hand, the new Chief Operating Officer, Mike Cory, has come from Canadian National, which has had pretty good growth over the past decade.
At least on the Virgin one, i think you're being too harsh.  His turnaround plan was likely to work and is more or less what Bain has taken from him before unceremoniously dumping him for their preferred and in house Hrdlika.  General views are that his turnaround plan would have led to VA profits in short order, but then covid came and messed all that up.  The fact that Bain has kept his plans is the strongest indicator to me that they were sound plans.

VAs woes are sheetable home to Borghetti and his vain attempt to become QF2 after losing the gig to Joyce (who got it as he was the better performer than Borghetti anyway).  Borghetti showed that his skills at running an airline were not great, not once but twice.

James why did he have to have a plan to rescue the company, how long was he there?
bevans
Borghetti tried to be QF-lite and so made a huge amount of investment eg lounges, in flight product, meals etc and loaded it up with costs.  I think he inherited the poor choice of 777 which were too large for the routes it flew and had small freight doors which limited their attractiveness and usability for freight.  He bought into Tiger to make a JQ-lite, and also the regional business of Skywest to get his VA-link.  All of this failed to realise synergies and costs kept getting worse and worse.

Borghetti fell foul of the shareholders and left the company after promised dividends never arose but capital calls did.  Scurrah came in in mid 2019 and started taking actions that Borghetti couldn't such as shutting Tiger, rationalising the fleet to a degree (ie removing fleet types which lowers the overall fleet cost) and a few other things.  It was talked about on airliners.net that a new international fleet was on the cards based around the 787-9 which would have right sized the international operation and given it more optionality (and lower cost).  

Then covid happened and we know the rest.  Though it gave Scurrah more license to make more cuts and he had these in the pipeline, though he was lied to and betrayed by Bain who said he had the CEOs job in the Bain era VA right up until the moment they unceremoniously replaced him with Hrdlicka.  Scurrah had done the hard yards with the employees and brought them along in the restructuring and was used for that until he wasn't needed any more.

Assuming we are looking at a recovery stage, Hrdlika will come out smelling like roses and so will Bain, and it will be a psoterchild for Bain and how they are good for a company.

So ive got a bit of sympathy for the guy.
  arctic Deputy Commissioner

Location: Zurich
Agree it is an interesting appointment.  None of the past roles to me look like lots of lots of innovation and growth.
Remember that PN is not here to run trains for gunzels.
Nor to run trains at all;
Nor to perform freight logistics.

Their one and only function is to pay dividends to the shareholders.
Lockspike
Well, yes however sometimes the way to those dividends in the medium to long term is innovation and growth.
  Lockspike Chief Commissioner

Agree it is an interesting appointment.  None of the past roles to me look like lots of lots of innovation and growth.
Remember that PN is not here to run trains for gunzels.
Nor to run trains at all;
Nor to perform freight logistics.

Their one and only function is to pay dividends to the shareholders.
Well, yes however sometimes the way to those dividends in the medium to long term is innovation and growth.
arctic
Or they could, maybe grow sunflowers; whatever delivers those dividends

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