Virgin Australia’s former chief executive Jayne Hrdlicka departed the recently listed airline with cash and shares worth more than $50 million, according to the group’s annual report which was released on Friday morning.

Hrdlicka, who took over at the airline soon after its pandemic-induced financial collapse in 2020, left in March this year - months before its successful relisting on the ASX in June.

According to the report, she received cash payments of more than $20 million, with $18.4 million representing short-term incentives which will be paid this month.

But the biggest bonus will be from 10.244 million shares she received as part of a 2021 management equity plan (MEP) which were worth $29.7 million at the time of the airline’s public float but are currently worth around $33 mi

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