Foran, who joined Air New Zealand in 2019, replaced former CEO Christopher Luxon, now the Prime Minister of New Zealand. He previously served as CEO of Walmart’s US operations and held senior positions at Woolworths in Australia.
With EY Australia still grappling with the recapitalisation and sale of assets, Justice James Stevenson of the NSW Supreme Court was reluctant to allow plaintiff Jet Midwest to proceed with a claim for damages upwards of $US7.2 million ($11 million).
Foran, who joined Air New Zealand in 2019, replaced former CEO Christopher Luxon, now the Prime Minister of New Zealand. He previously served as CEO of Walmart’s US operations and held senior positions at Woolworths in Australia.