The president of Cathay resigns days after the CEO resigned
HONG KONG: the president of Cathay Pacific Airways On Wednesday he became the second most important figure in resigning from the Hong Kong airline after Beijing's pressure on the participation of some of its employees in protests against the government. The airline, one of the most prominent companies in the Chinese territory, announced John Slosar he retired
Cathay CEO Rupert Hogg resigned on August 16, becoming the corporate victim of the highest profile of pressure on companies to support the ruling Communist Party against protesters. Following Hogg's resignation, a statement from Slosar said that Cathay needed a new administration to restore trust. There was no similar language in Wednesday's announcement of Slosar's departure.
Slosar will be succeeded by Patrick Healy, a 31-year veteran of Swire Pacific Group, a major Cathay shareholder.