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.
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