logo
Forget 16-hour days. This CEO's secret is self-regulation

Forget 16-hour days. This CEO's secret is self-regulation

Philippa Watson, the former chief executive of online bank UBank, has been named overall winner of this year's Financial Review Women in Leadership Awards, presented by Qantas, for her transformation of a key financial institution and a willingness to take risk and change course.
Watson left UBank at the end of May after she was hired by high-profile philanthropist Nicola Forrest to be the inaugural CEO of Coaxial, her new family office, which takes in a foundation and a venture capital arm.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ASX 200 see-saws on Thursday as Monash IVF rises following second embryo mix-up, CEO departing
ASX 200 see-saws on Thursday as Monash IVF rises following second embryo mix-up, CEO departing

Sky News AU

time6 hours ago

  • Sky News AU

ASX 200 see-saws on Thursday as Monash IVF rises following second embryo mix-up, CEO departing

The ASX 200 has see-sawed on Thursday with an embattled health company jumping and a luxury fashion brand nosediving. The index is up flat after the first hour of trading after jumping 0.2 per cent in the first 20 minutes. Qantas has soared 4.8 per cent, Beach Energy jumped four per cent and gold miner West African Resources added 3.8 per cent. Luxury fashion brand Cettire is down 21.5 per cent after its CEO warned of weaker US demand, despite revealing sales revenue was up 1.7 per cent year-on-year. Embattled healthcare company Monash IVF has jumped again on Thursday after the company dropped 26 per cent when it informed the public of a second embryo mix-up at a clinic. The company informed shareholders on Thursday its chief executive Michael Knaap was resigning, leading to a four per cent bump in the share price, and its CFO Malik Jainudeen was appointed acting CEO. 'Since his appointment in 2019, Michael has led the organisation through a period of significant growth and transformation, and we thank him for his years of dedicated service,' Monash IVF's statement read. The bourse hit a new high on Wednesday as it shot up more than half a per cent before sinking throughout the day. The Dow Jones fell flat on Wednesday while the S&P 500 sank 0.3 per cent and the Nasdaq dropped 0.5 per cent. London's FTSE 250 Index added 0.2 per cent, Germany's DAX fell 0.2 per cent and the STOXX Europe 600 dropped 0.3 per cent on Wednesday. New Zealand's NZX 50 Index is down 0.2 per cent on Thursday and Japan's Nikkei 225 has dropped 0.6 per cent.

It's hard, mistakes happen, the dishwasher still needs unpacking
It's hard, mistakes happen, the dishwasher still needs unpacking

AU Financial Review

time7 hours ago

  • AU Financial Review

It's hard, mistakes happen, the dishwasher still needs unpacking

When philanthropist Nicola Forrest interviewed Philippa Watson for the role of chief executive of Forrest's new private equity venture Coaxial, the two talked mostly about mistakes Watson had made in her previous roles. 'All we talked about was my mistakes. It filled a very, very long couple of hours,' said Watson, who was presented with the award for overall winner of this year's Financial Review Women in Leadership Awards on Wednesday night in Sydney.

Virgin kicks off Qatar flights partnership to close in on Qantas
Virgin kicks off Qatar flights partnership to close in on Qantas

The Age

time7 hours ago

  • The Age

Virgin kicks off Qatar flights partnership to close in on Qantas

Virgin Australia began its long-touted flights partnership with Qatar Airways on Thursday, a move expected to expand choice for Australian consumers while stepping up competition with Qantas. Daily Sydney-Doha connections on Qatar planes will be followed by flights from Brisbane and Perth later this month, and from Melbourne in December, Australia's second-biggest airline announced at an event at Sydney Airport. Under the terms of their 'wet lease' arrangement, Qatar provides aircraft, crew and maintenance to operate the routes, which are sold as Virgin flights. Virgin Australia chief executive Dave Emerson said the move was 'delivering more choice, better value and a seamless global experience' to Australian travellers. Virgin will sell tickets to 170 destinations in Europe, the Middle East and Africa, allowing it to tap Qatar's extensive route network. The alliance is expected to add 2.65 million seats a year on flights from Australia to Doha, Qatar's Middle Eastern hub. The deal extends Virgin's reach just weeks before it plans to relist on the Australian sharemarket. It allows the largely domestic carrier to carefully re-enter long-haul international travel, while Qatar gains deeper access to the Australian market. Loading Doha-based Qatar, which owns 25 per cent of Virgin, will essentially backstop Virgin's position in the domestic market, which has been defined by damaging price wars between Qantas and Virgin, Virgin's placement into administration in 2020 and the collapse of smaller players, such as regional carrier Rex Airlines last year. Qatar has tried to expand its business in Australia for more than a decade. The Middle Eastern airline sought permission for more flights into the country in 2023, and was knocked back. The government's rationale for blocking the request came under fire after reports that Qantas – in the public crosshairs for bad service, withholding COVID credits from customers and illegally firing 1800 employees to save money during the pandemic – had lobbied the government against the competition. Accusations that Qantas engaged in 'slot hoarding' at Sydney Airport, preventing other carriers from accessing the key entry to Australia, have also long simmered.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store