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SYDNEY, Australia (AP) - Qantas Airways Ltd. Chairwoman Margaret Jackson will resign in the wake of the failed $9 billion takeover bid by a private equity consortium, but the company said CEO Geoff Dixon will hold his post for at least two more years.
In a statement to the Australian Stock Exchange Friday, Jackson confirmed that she will leave the Qantas board at the airline's annual general meeting in November, along with fellow director James Packer, the executive chairman of media and gaming company Publishing & Broadcasting Ltd.
But Dixon has committed to stay with stay with the airline until at least July 2009, along with other members of the airline's senior management.
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