The airline saw it's stock price decline dramatically amid protests that have rocked Hong Kong for months, with the airline caught in the middle.
John Slosar resigned as chairman of Cathay Pacific on Wednesday, becoming the second high-profile executive to quit amid protests that have rocked the city. CEO Rupert Hogg quit on August 16 as the airline plunged into turmoil and saw its stock decline significantly. Slosar is to be succeeded by Patrick Healy, a 31-year veteran of Swire Pacific Group, a major Cathay shareholder. Hong Kong's CEO Carrie Lam on Wednesday scrapped the incendiary bill that sparked the months of protests.
John Slosar resigned as chairman of Cathay Pacific on Wednesday, becoming the second high-profile executive to quit amid protests that have rocked the city. CEO Rupert Hogg quit on August 16 as the airline plunged into turmoil and saw its stock decline significantly. Slosar is to be succeeded by Patrick Healy, a 31-year veteran of Swire Pacific Group, a major Cathay shareholder. Hong Kong's CEO Carrie Lam on Wednesday scrapped the incendiary bill that sparked the months of protests.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong leader Carrie Lam announces withdrawal of extradition bill: sourceHong Kong leader Carrie Lam announced the withdrawal of a controversial extradit...
Read more »
Hong Kong leader to kill bill, but some see move as too little, too lateJUST IN: Hong Kong leader Carrie Lam has announced in a meeting the formal withdrawal of anti-extradition bill - source
Read more »
Hong Kong Protests Cast Shadows In Macau, Beijing's Favorite Ex-ColonyEconomic and political challenges make Beijing nervous, potentially threatening Macau’s flow of mainland visitors.
Read more »
Hong Kong shares jump 4% on reports extradition bill set to be withdrawnHong Kong's main stock benchmark surged more than 4% on Wednesday af...
Read more »
Hong Kong Leader Carrie Lam to Withdraw China Extradition BillIn a major concession to protesters, Hong Kong Chief Executive Carrie Lam plans to withdraw the China extradition bill that sparked months of at times violent street demonstrations.
Read more »