Home National Cathay Pacific Airways CEO Rupert Hogg resigns amid mounting Chinese scrutiny

Cathay Pacific Airways CEO Rupert Hogg resigns amid mounting Chinese scrutiny

1 min read
0
0
446

Cathay Pacific Airways CEO Rupert Hogg resigned in a shock move on Friday, amid mounting Chinese regulatory scrutiny of the Hong Kong carrier over the involvement of its employees in the city’s anti-government protests.

The sudden departure signals growing pressure on the corporate sector in the Chinese-controlled former British colony, home to multinationals such as HSBC Holdings and Jardine Matheson Holdings, to support Beijing.

Cathay Pacific, which has already terminated two pilots for engaging in illegal protests at the behest of the Chinese aviation regulator, named Augustus Tang as its new CEO.

Tang is the head of Hong Kong Aircraft Engineering Company – which like Cathay is managed by Swire Pacific Ltd.

The airline also said Paul Loo had resigned as chief customer and commercial officer, to be replaced by the head of its low-cost arm Hong Kong Express, Ronald Lam.

  • Chrystia-Freeland

    DEPUTY PM ON LNG.

    Deputy Prime Minister Chrystia Freeland, said that she is keen to develop liquefied natura…
  • Pope Francis Visits Canada

    Pope Francis has described his Apostolic Journey to Canada as a “penitential pilgrimage” t…
  • Bank of Canada – Interest Rate Meetings

    Bank of Canada has reconfirmed that there would be 3 more meetings this year to set the in…
Load More Related Articles
Load More By News Desk
  • Chrystia-Freeland

    DEPUTY PM ON LNG.

    Deputy Prime Minister Chrystia Freeland, said that she is keen to develop liquefied natura…
  • Pope Francis Visits Canada

    Pope Francis has described his Apostolic Journey to Canada as a “penitential pilgrimage” t…
  • Bank of Canada – Interest Rate Meetings

    Bank of Canada has reconfirmed that there would be 3 more meetings this year to set the in…
Load More In National

Leave a Reply

Your email address will not be published.

Check Also

We’ve got a Canadian in the US Open final – Trudeau

We’ve got a Canadian in the US Open final – Trudeau Leylah Fernandez entered into US Open …