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Derek Rose

Former CEO getting $50m payout from Virgin Australia

Virgin Australia Virgin Jayne Hrdlicka IPO Qatar Airways

The $50 million payout for former Virgin Australia Group boss Jayne Hrdlicka has been detailed. (Darren England/AAP PHOTOS)

Former Virgin Australia chief executive Jayne Hrdlicka will receive more than $50 million in compensation for successfully flying the airline out of administration.

Ms Hrdlicka will get 10.3 million shares, worth $33 million at current prices, and has received $18.4 million in "other cash payments," Virgin Australia said in an annual report released on Friday.

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