Hong Kong-based Cathay Pacific Airways is in times of change. After being at the helm of the oneworld member since 2011 and succeeding Tony Tyler, who eventually went on to become Geneva-based industry body International Air Transport Association's (IATA) director general (DG) and chief executive, Cathay Pacific's chief executive John Slosar will step down from his role in March 2014.
Slosar will in turn become the chairman of the airline's parent and 45% shareholder Swire Pacific, replacing predecessor Christopher Pratt who is retiring after 8 years at the top of one of the oldest trading firms in the former British colony whose roots date back to 1816. Slosar, meanwhile, will be succeeded by the current chief operating officer (COO) Ivan Chu destined to become the airline's second-ever Chinese chief executive after Philip Chen.
↧