We have to get income up and costs down [at SAA]. It’s going to be painful…— Bob Head, SAA
I’ve been there [SAA] for three weeks… My wife found us a house… I’m now living in South Africa… I’m looking forward to Monday; my dogs arrive.— Bob Head, SAA
Last month troubled state-owned airline South African Airways (SAA) announced the appointment of turnaround specialist Bob Head as its new interim chief financial officer (CFO).
This comes after the airline suspended CFO Phumeza Nhantsi and former chief executive Musa Zwane following a forensic probe.
Head brings to SAA his vast experience in various senior management roles at home, and abroad.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
I started work when I was 13…— Bob Head, SAA
I like using my brain, and I like people. When a company is in trouble, the big guys always seem to get a big payoff… I hate the fact…. that the small guys have to suffer…— Bob Head, SAA
Old Mutual and Nedbank had a quite distant relationship… It was the best of times, it was the worst of times… but everybody just bent their backs… It was absolutely fantastic… and, of course, we were successful.— Bob Head, SAA
I staked my career twice on Mike Brown…— Bob Head, SAA
I would leave my wallet with Ivan [Pillay]; I will let my daughter stay with Ivan…— Bob Head, SAA
Yes [when asked if SAA is salvageable].— Bob Head, SAA
I have a six months’ contract…— Bob Head, SAA
Some of it [turnaround of SAA] is quite simple…— Bob Head, SAA
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews newly elected Black Business Council president Sandile Zungu.
You may not have heard of Hedy Lamarr, but you owe this 1940s Hollywood star a great deal.
The Money Show’s Bruce Whitfield interviews Rain CEO Willem Roos for his weekly “ShapeShifter” feature.
South African Revenue Services' Mark Kingon has the most dreadfully important job. Bruce Whitfield interviews him...
Bruce Whitfield interviews Frans Cronje, cofounder of DataProphet, a firm specialising in tailor-made machine learning algorithms.
[Strong language warning] Jordan Belfort, played by Leonardo DiCaprio, opens up about his sordid past and inspirational new life.
Tensions are rife in the East Joburg township as the community attacked and killed criminals.
Khabazela shares YouTube videos gone viral including a barmaid hitting a colleague who slapped her rear during a routine.
Former police minister Adriaan Vlok has rejected accusations that former minister Malan was at the centre of a paedophile ring.
Bruce Whitfield asks Personal Financial Advisor Warren Ingram for advice on how investors can safely navigate this hectic time.
Philemon Letwaba says Tshepo's case relates to some of the issues that they are dealing with on a daily basis.