Holgate has never run a logistics company, having spent most of her career in health manufacturing at Blackmores and previously at Telstra and in financial services. Holgate, who will be coming to Australia Post from vitamin manufacturer Blackmores, will be paid half the salary package of her predecessor, Ahmed Fahour. She needs to launch a new phase of the remake of this business into a modern logistics company, and save the majority of the 33,000 workforce in the process. Meet Australia's most important woman – Christine Holgate. She said her only request to Australia Post chairman John Stanhope was to "pay me what you think is fair". All eyes are on Victoria following Thursday's news that more than 500 people there have been asked to isolate. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Executive recruiters were already discussing possible replacements on Thursday, with outgoing Virgin Australia boss Paul Scurrah and former REA CEO Tracey Fellows among the names bandied about. Meet Australia's most important woman – Christine Holgate. "I'm a passionate advocate for Australian business seizing the opportunity that's on our doorstep in Asia, and that creates opportunities for everyone — our workforce, our shareholder, the community, as well as businesses across Australia," she said. None of the context excuses Holgate's judgement and is unlikely on it's own to save her from an angry public outcry. might pause to consider that sometimes it is better the devil you know. The $12,000 watch gifts would most likely be seen as chicken feed in the private sector, particularly in light of a successful $70 million deal with the banks. But that conversation was already in overdrive on Thursday, after Australia Post CEO Christine Holgate was forced to stand down after being embroiled in a $12,000 Cartier watch scandal. "The prime minister gets paid less and he has the most important job in the country," she told a media gathering on Tuesday. And she thinks that having an army of people who knock on the door every day is an even more important resource when the population is ageing. But her unique style, including travels to Bhutan to help at a Buddhist temple, meant she is not everyone's cup of tea. "(She is a) warm and authentic leader, a creative leader and an innovator – (and) good at motivating people," he said. Certainly, since she moved to shake-up the Post's traditional model in late April those negative stories have accelerated. Australia Post CEO Christine Holgate had already made her fair share of enemies before being forced to stand down over the gift of $12,000 in Cartier watches to employees. That was clear after former CEO Ahmed Fahour resigned in 2017 when his $5.6 million salary was revealed and then Prime Minister Malcolm Turnbull labelled it "too high". The Company offers application checking, foreign currency exchange, forms validation, home and office supplies, mail sorting, payments, money transfer, and associated services. There has been some negative briefings against her to the media for some time and Holgate is perhaps not as politically astute as some other players. Although she is not the necessarily the obvious choice, she was well known to Stanhope when they worked together in the executive ranks at Telstra. QBE has appointed head of international Richard Pryce as the group's interim CEO following the sudden departure of Pat Regan last month. She has been chosen to head one of Australia's oldest, most financially and structurally challenged, politically fraught and controversial organisations, Australia Post. Christine Holgate on Thursday – insiders say political pressure has been building against her for some time. All this while ensuring that profits grow sufficiently strongly that the government gets the chance to privatise it sooner rather than later and bank the proceeds. But Holgate will be under pressure to amp up Australia Post's cost-cutting drive in a move that will place her in conflict with unions. "But a postman paid $50,000 would think it's pretty fair," she quipped. New Australia Post CEO Christine Holgate says she hopes former Blackmores chairman Marcus Blackmore is proud that the girl he took a bet on has come so far. Christine Holgate (born 1963/1964) is a British business executive, and has been the chief executive (CEO) of Australia Post, since 30 October 2017. But like most posties, Holgate has more than a few dogs nipping at her heels and insiders say the political pressure has been ticking against her for some time. From pills to post: meet Australia's most important woman, Christine Holgate. Holgate says she is not motivated by money. The plot thickens with mystery surrounding a Boston Consulting report commissioned by the government late last year – separate to a Holgate's own work with PwC – which is yet to be released and some believe was the first slap in the face. But there are questions about the fault lines that run deep within and around Australia Post, including among former employees and executives, backbench MPs and the unions. The former Blackmores chief, originally from the UK, was seen as a "breath of fresh air" when she replaced Fahour and has been delivering some solid financial results. But the travel outfit defends the options granted to the boss, saying there are no guarantees it will turn into cash. Communications Union National Secretary Greg Rayner said the watches scandal was "just the tip of the iceberg when it comes to the problems" and also pointed to the Liberal-heavy board.
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