The announcements keep coming at Australia’s major airlines with long-standing Qantas chairman Leigh Clifford revealing Tuesday he is due to step down in October after 11 years.Clifford has been chairman at Qantas since November, 2007, and will be replaced by current board member and former Wesfarmers chief executive Richard Goyder.Goyder joined the board in 2017 amid speculation he had been recruited as Clifford’s successor.Clifford has been at the helm of the Qantas board during some of the company’s most tumultuous and successful periods.It was under his chairmanship that current chief executive Alan Joyce was appointed and Clifford staunchly supported Joyce when he grounded the airline in 2011 amid a clash with unions.His tenure saw the airline post a record loss as it wrote down the value of its international fleet and then record profits as it benefited from lower fuel prices and a transformation program.Read: Good times to continue for Qantas.“It has been an absolute privilege to lead the Qantas Board for these past 11 years,’’ Clifford said in a statement. “The national carrier has never been in a stronger position and that’s a credit to the management team and the 30,000 employees that make up the Qantas Group family.“Richard is one of the most experienced business leaders in Australia and an excellent choice to lead the Qantas Board into the future.”Goyder was chief executive at Wesfarmers for 12 years and serves as chairman of Woodside Petroleum Limited and the Australian Football League Commission.He also chairs JDFR Australia, the West Australian Symphony Orchestra and of the Channel 7 Telethon Trust. He is an honorary member of the Business Council of Australia and a Fellow of the Australian Institute of Company Directors.“Qantas is an iconic Australian company and one of the best-performing airline groups in the world,’’ he said. ”I’m honoured to be named its Chairman and look forward to working with my Board colleagues to help it take advantage of the opportunities ahead.”Clifford’s announcement comes after Virgin Australia chief executive John Borghetti revealed earlier this month that he plans to step down by the end of 2019.READ: Borghetti to leave Virgin Australia
Detex introduces a maximum security, multi-point lock so big and strong that it stands up to assault by the bad guys and reduces employee and customer theft.The ECL-230X-TDB is a heavy-duty, easy-to-install, three-bolt, multi-point lock whose construction takes panic hardware to a new level of toughness and eases your back-door security worries. It is designed with a larger deadbolt that goes deeper into the frame than other locks in the category. Connecting rods are solid steel, rather than the less-reliable hollow rod/cable construction. Life safety and code compliant, the new Detex ECL-230X-TDB serves as both panic hardware and a maximum-strength locking device.The ECL-230X-TDB includes a photo-luminescent sign available in more than 10 color/language combinations, 100-decibel alarm and three locking points per door.- Sponsor – Top Deadbolt – approximately 1” wide by 1/2” thick deadbolt, the top bolt provides additional stability to the top corner of the door.Side Deadbolt – 2-1/4” tall by 1/2” thick deadbolt with a 1” throw allows for 3/4” penetration into strike (Detex recommends Flush installation for maximum security). With 1.6875 square inches of bolt engagement, the side deadbolt provides superior defense against pulling and prying on the side of the door.Bottom bolt – 5/8” HEX bolt with 3/4” throw, engages the floor with 5/8” penetration provides better attack resistance and superior defense against the “peeling up” of the bottom of the door.Combining the ECL-230X-TDB with Detex’s DX Bolts provides an additional line of defense against break-ins via additional locking points. Even if the exterior door hinges are compromised the DX bolts keep the door locked and secure. These passive deadbolts are easy to install and offer another layer of attack resistance. Add suffix DX3 (ECL-230X-TDB-DX3) for 6 locking points for even stronger security.How tough is the ECL-230X-TDB? Independent laboratory testing proves a door secured by the ECL-230X-TDB, and when combined with 3 DX Bolts can withstand 16,000 lbs of pull force.Optional accessories include rod covers, bottom bolt guard, hinge side locking (DX) bolts, Battery Eliminator (BE-961), and inside pull handle. For outdoor installation, an adjustable gate plate is available. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox. Sign up now
Unitary combined reporting on certain retail trade and food service corporations would be mandatory under legislation introduced in the Maryland Senate. If enacted, the legislation would apply to tax year 2019 and beyond.Subscribers can view the text of the introduced bill on the legislator’s website at http://mgaleg.maryland.gov/webmga/frm1st.aspx?tab=home.S.B. 227, as introduced in the Maryland Senate on January 19, 2018Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.