Paul Scurrah - Virgin Australia CEO, Managing Director

CEO

Mr. Paul Darren Scurrah is appointed as Chief Executive Officer, Managing Director of the company effective 25 March 2019. He has more than 20 years leadership experience in transport, logistics, tourism and aviation including five years as CEO and Managing Director of DP World Australia and Queensland Rail. Starting his career in aviation at Australian Airlines, Paul has also held positions at Qantas and Ansett Australia, and was a key figure in the establishment of Regional Express Airlines . His career in aviation spanned multiple divisions including commercial, customer service, government, sales, and marketing. After eight years in aviation, Paul moved to the tourism sector with executive roles at Tourism Queensland, Flight Centre, and AOT Holidays. Whilst at Flight Centre, Paul was responsible for developing their global strategic plan and acquiring the online company that propelled Flight Centre to the number one travel site at the time. Pauls experience in travel then led him to the transport industry, specifically QR Limited, as Executive General Manager at QR Passenger and then CEO at Queensland Rail. Paul led Queensland Rail during a significant transformation to drive improved commercial results including the demerger from QR National and achieving the highest customer service rating by becoming the first public transport company in the world to attain International Customer Service Standards accreditation. Paul was later appointed Executive Vice President Commercial Marketing at Australias largest rail freight operator, Aurizon, and was responsible for revenue close to 4.0 billion as well as managing a 3.7 billion fleet with over 800 locomotives. Since 2013, Paul was CEO and Managing Director at Australia biggest port and supply chain operator, DP World Australia, and responsible for navigating the company through a period of enormous structural change within the industry. since 2019.
Tenure 5 years
Phone61 7 3295 3000
Webhttp://www.virginaustralia.com

Virgin Australia Management Efficiency

The company has return on total asset (ROA) of (0.1) % which means that it has lost $0.1 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (36.81) %, meaning that it generated substantial loss on money invested by shareholders. Virgin Australia's management efficiency ratios could be used to measure how well Virgin Australia manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.9 B in total debt with debt to equity ratio (D/E) of 489.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Virgin Australia Holdings has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Virgin Australia until it has trouble settling it off, either with new capital or with free cash flow. So, Virgin Australia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Virgin Australia Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Virgin to invest in growth at high rates of return. When we think about Virgin Australia's use of debt, we should always consider it together with cash and equity.

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Virgin Australia Holdings Limited engages in the operation of domestic and international passenger and cargo airline business in Australia. Virgin Australia Holdings Limited was founded in 2000 and is based in Bowen Hills, Australia. Virgin Blue operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 10620 people. Virgin Australia Holdings [VBHLF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Virgin Australia Holdings Leadership Team

Elected by the shareholders, the Virgin Australia's board of directors comprises two types of representatives: Virgin Australia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Virgin. The board's role is to monitor Virgin Australia's management team and ensure that shareholders' interests are well served. Virgin Australia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Virgin Australia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Massimo Borghetti, CEO, Managing Director, Executive Director
Merren McArthur, Group Executive - Virgin Australia Regional Airlines
John Moorhead, Director
Mark Hassell, Chief Customer Officer
Angus Houston, Non-Executive Independent Director
Samantha Mostyn, Independent Non-Executive Director
Karl Schuster, CEO, Velocity Frequent Flyer
Bruno Matheu, Non-Executive Director
Adam Thatcher, General Counsel, Company Secretary
Mingqiong Chen, Director
Mark Vaile, Independent Non-Executive Director
Paul Scurrah, CEO, Managing Director
David Baxby, Non-Executive Director
Geoff Smith, CFO
Meng Tan, Non-Executive Director
Robin Kamark, Non-Executive Director
Elizabeth Bryan, Chairman of the Board
Neil Thompson, CEO of Velocity Frequent Flyer
Harsh Mohan, Non-Executive Director
David Loch, Manager, Investor Relations
Judith Crompton, Chief Commercial Officer
Hou Wei, Non-Executive Director
Nang Qi, Director
Sharyn Page, Company Secretary
Kenneth Dean, Non-Executive Independent Director
Robert Sharp, CEO of Tigerair Australia
Robert Thomas, Independent Non-Executive Director
Christopher Luxon, Director
Gary Hammes, COO
Trevor Bourne, Independent Non-Executive Director
Lan Xiang, Non-Executive Director
Warwick Negus, Director
Mark Chellew, Independent Non-Executive Director
Pee Tan, Director
Zhang Kui, Non-Executive Director
ChienTsung Lu, Director
Judith Swales, Independent Non-Executive Director

Virgin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Virgin Australia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Virgin Australia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Virgin Australia's short interest history, or implied volatility extrapolated from Virgin Australia options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Consideration for investing in Virgin Pink Sheet

If you are still planning to invest in Virgin Australia Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Virgin Australia's history and understand the potential risks before investing.
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