Qantas CEO Alan Joyce is stepping down in November with Vanessa Hudson announced as his successor.
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The airline outlined the changes to its leadership on May 2.
Mr Joyce has been CEO and managing director of Qantas since November 2008.
He was previously the CEO of budget airline Jetstar from 2003 to 2008.
His replacement Ms Hudson has been chief financial officer at Qantas since October 2019 and has worked at the airline since 1994.
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Qantas chairman Richard Goyder said there was a rigorous selection process to fill the role.
"Vanessa has a deep understanding of this business after almost three decades in a range of roles both onshore and offshore, across commercial, customer and finance," he said.
Mr Joyce said it was "a logical time" for him to step down, after being asked to extend his time as CEO due to COVID-19.
"There's still a lot I want to deliver in the next six months and at the top of that list is ensuring a smooth handover to Vanessa, who I'm sure will excel in the role."
Mr Goyder paid tribute to Mr Joyce's leadership with 15 years at the top.
Alan has done a superb job of leading a team that is absolutely committed to the national carriers long-term success and its from that team that his successor has been chosen," he said.
"This transition is happening at a time when the Qantas Group is extremely well positioned."
