Cathay Pacific chairman John Slosar steps down
HONG KONG — Cathay Pacific announced Wednesday its chairman John Slosar is stepping down to retire, the latest high-profile executive to leave the flagship carrier after it drew Beijing’s ire over pro-democracy protests in Hong Kong.
In a statement posted on the Hong Kong stock exchange, Cathay said Slosar, 63, had stepped down and will be replaced as chairman by Patrick Healy, a veteran from the Swire Group conglomerate, the airline’s majority shareholder.
“His resignation is due to his retirement,” the statement said, adding that the changes would take effect from 6 November at the conclusion of the company’s board meeting.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
