Resignation of Managing Director and CEO

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Stock Webjet Group Limited (WJL.ASX)
Release Time 30 Mar 2026, 8:23 a.m.
Price Sensitive Yes
 Webjet CEO Resigns After Successful Transformation
Key Points
  • Katrina Barry resigns as Managing Director and CEO of Webjet Group
  • Played a key role in Webjet's demerger, strategic roadmap, and business transformation
  • Board to commence search for successor, Barry to support transition
Full Summary

Webjet Group Limited (ASX: WJL) today announces that Ms Katrina Barry has resigned from her role as Managing Director and Chief Executive Officer. Ms Barry, who served as a non-executive director of Webjet Limited from 2022, commenced in the role of CEO for the Webjet B2C business in June 2024 at a pivotal time for the Company. Don Clarke, Chairman, said the Board has thanked Ms Barry for her considerable contribution to the Company. 'Katrina led the business during the successful demerger and ASX listing of the Group's B2C businesses to become Webjet Group. She then developed a new five-year strategic roadmap for the Group and focused on the upgrade of the Company's brand, marketing, and technology capabilities. Katrina has played an important role in repositioning the newly formed Webjet Group and building the foundations for delivery of a significant transformation of the business. On behalf of the Board, I thank Katrina for her leadership and dedication.'Ms Barry said: 'Leading Webjet Group through such a transformative period has been a true privilege. Over the past 21 months, we have made remarkable progress - setting a new five-year strategy and growth plan for the Group, revitalising the iconic OTA brand and marketing strategy, driving profitability in the New Zealand business units, initiating evolution and enhancement of the technology and business travel platforms, and uplifting leadership capability. As a shareholder and a great supporter of the business and the team, I am incredibly excited for what lies ahead for Webjet and look forward to watching its continued success.'The Board will commence a search process and provide a further update to the market in due course regarding the progress of its search for her successor. Ms Barry will remain with Webjet Group to support an effective transition and the completion of the Company's full year results in May 2026.

Guidance

Webjet reaffirms the FY26 guidance provided to the market on 13 February 2026 and confirms that the business remains on track to deliver Underlying EBITDA in the range of $28 to 29 million, excluding Webjet Business Travel which is delivering in line with plan and, as foreshadowed, is expected to reduce Underlying EBITDA by c.$600,000 to 900,000 in 2H26.