Slosar is the third top Cathay executive to be ousted in three weeks amid mainland ire over workers' role in the protests sweeping Hong Kong, and the pressure on the airline continues.
The fallout at Cathay Pacific Airways’from the Hong Kong protests continues with the retirement of chairman John Slosar, the third Cathay executive to depart in three weeks in an unprecedented leadership change for an airline in modern times. Cathay is considered the largest corporate casualty in the civil unrest.
Hogg and Loo resigned due to safety oversight with no saccharine farewell. Slosar’s departure was formal, a retirement announcement with praise from the airline's largest shareholder and no mention of unrest in Hong Kong or recent events at Cathay. But the same pressure that forced out Hogg and Loo also accelerated Slosar’s retirement, observers say.
Slosar will be replaced by Patrick Healy, who is part of Swire management and has worked at sister Cathay companies but never at the airline, perhaps giving him a blank slate in the eyes of critics. CCTV’s “blood and bones” commentary did not say what further steps Cathay should take, but Slosar’s departure does not seem significant enough for the transformation state media imply.
Cathay responded to a Global Times query about the sit-in by reportedly saying it was not the organiser. Global Times, the tabloid of of the communist party’s official newspaper People’s Daily, wrote that Cathay’s answer was “a vague response that industry analysts have viewed as not an official separation of itself from the event and union.”
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