Rupert Hogg ousted and new management brought in to ‘reset
confidence’, says chair
Cathay Pacific’s boss has quit after protests in Hong Kong led to
the airline’s share price plunge, as it came under intense
pressure from Chinese authorities to rein in
employees who supported the demonstrators.
Rupert Hogg, the British chief executive, tendered his
resignation to the board on Friday, along with the chief customer
and commercial officer, Paul Loo.
Source: FS – All-News2-Economy
Cathay Pacific boss quits after Hong Kong airport protests hit share price