Flight Centre has appointed Adam Campbell to head up its finances in the recently vacated Chief Financial Officer (CFO) role.
Campbell, 40, steps in to replace Andrew Flannery, who last week accepted a promotion to the senior leadership role of Executive General Manager of Flight Centre’s Australian corporate travel business.
Formerly Flight Centre Australia’s CFO, Campbell has worked with the Travel Group for nine years across a variety of senior finance roles.
Prior to becoming the Australian CFO, he spent six years at Minter Ellison as the law firm’s financial manager for Australia and South East Asia. There he managed external relationships and oversaw various finance functions.
He also spent six years at Ernst & Young, where he was responsible for performing internal and external audits of major listed and non-listed entities, working on mergers and acquisitions.
Flight Centre’s Managing Director, Graham Turner, said Campbell’s promotion to Group’s CFO was a ‘natural progression’.
“In addition to his business acumen and senior accounting experience, he has strong leadership skills and a deep understanding of the company, its strategies, its business model and its people.”
Graham Turner, Flight Centre MD
In his new role, Campbell will work closely with Chief Operating Officer Melanie Waters-Ryan, Mr Turner and outgoing CFO, Flannery.
He’ll be responsible for spearheading key business initiatives such as the company’s journey from travel agent to the world’s best person-to-person travel experience retailer, ongoing focus on costs and deployment of numerous process changes to improve productivity and business acumen in-store.
“This is a great honour, as well as a great challenge, and I look forward to playing a role in the company’s continued evolution and success.”
Adam Campbell, Flight Centre Travel Group CFO
“Strategies are in place to build on our previous success in both leisure and corporate travel and we have a strong balance sheet that includes more than $500 million in company cash and virtually no debt.”
