Webjet Suitors Could Return on Leadership Upheaval -- Market Talk

Dow Jones

03/30

2242 GMT - The departure of two senior Webjet leaders in as many months could put the Australian travel agent back in the cross hairs of bidders, says RBC Capital Markets. Webjet today said Group CEO Katrina Barry will step down after delivering the company's FY result in May. RBC notes Webjet OTA chief executive David Galt also stepped down in late February. "We view the departures of Webjet's two most senior managers as potentially now creating a leadership vacuum which could play into the hands of recent would-be suitors who still both hold significant stakes in Webjet," analyst Wei-Weng Chen says. Helloworld and private equity firm BGH Capital each hold 18.3% stakes in Webjet, despite takeover talks ending in mid-February. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 29, 2026 18:42 ET (22:42 GMT)

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Webjet today said Group CEO Katrina Barry will step down after delivering the company's FY result in May. RBC notes Webjet OTA chief executive David Galt also stepped down in late February. \"We view the departures of Webjet's two most senior managers as potentially now creating a leadership vacuum which could play into the hands of recent would-be suitors who still both hold significant stakes in Webjet,\" analyst Wei-Weng Chen says. Helloworld and private equity firm BGH Capital each hold 18.3% stakes in Webjet, despite takeover talks ending in mid-February. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HLO.AU":"Helloworld Travel Ltd","WJL.AU":"Webjet Group Ltd","BK7070":"酒店、度假村与豪华游轮"},"translate_title":"Webjet追求者可能会因领导层变动而回归——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WJL.AU":0.9,"HLO.AU":0.9},"content_text":"2242 GMT - The departure of two senior Webjet leaders in as many months could put the Australian travel agent back in the cross hairs of bidders, says RBC Capital Markets. Webjet today said Group CEO Katrina Barry will step down after delivering the company's FY result in May. RBC notes Webjet OTA chief executive David Galt also stepped down in late February. \"We view the departures of Webjet's two most senior managers as potentially now creating a leadership vacuum which could play into the hands of recent would-be suitors who still both hold significant stakes in Webjet,\" analyst Wei-Weng Chen says. 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