What's Happening?
Katrina Barry has resigned as CEO of Webjet Group, marking the end of her tenure during a significant transformation period for the company. Barry joined Webjet Limited as a non-executive director in 2022 and became CEO in June 2024. Under her leadership,
the company underwent a demerger and ASX listing, developed a new five-year strategic roadmap, and upgraded its brand, marketing, and technology capabilities. Barry will remain with the company to support the transition and completion of the full-year results in May 2026. The company has reaffirmed its FY26 guidance, with underlying EBITDA expected to be between $28 million and $29 million.
Why It's Important?
Barry's resignation comes at a pivotal time for Webjet Group, as the company navigates its strategic roadmap and market challenges. Her leadership was instrumental in repositioning the company and setting the foundation for future growth. The search for a new CEO will be crucial in maintaining the company's momentum and achieving its long-term goals. The company's reaffirmed financial guidance indicates confidence in its current strategy, despite recent challenges in the online travel sector.
What's Next?
Webjet Group will begin the search for a new CEO to lead the company through its next phase of growth. The company will continue to focus on executing its long-term strategy and addressing market challenges. Investors and stakeholders will be watching closely for updates on the CEO search and the company's performance in the coming months.
