AUGUSTUS Tang has been appointed Chief Executive Officer of Cathay Pacific following last week’s resignation of Rupert Hogg (TD breaking news Fri).
The announcement comes amid a slate of changes, with Ronald Lam succeeding Paul Loo as Chief Customer & Commercial Officer.
Lam will remain Chief Executive Officer of Hong Kong Express until a replacement can be found.
Of his resignation, Hogg said, “it has been my honour to lead the Cathay Pacific Group over the last three years.
“However, these have been challenging weeks for the airline and it is right that Paul [Loo] and I take responsibility as leaders of the company.”
In a formal statement to the Hong Kong Stock Exchange Cathay Pacific noted it “is fully committed to Hong Kong under the principle of one country, two systems, as enshrined in the Basic Law”.
Source: traveldaily