Cathay Pacific Set to Name Customer Boss Ronald Lam as Next CEO
- Ronald Lam is currently chief customer and commercial officer
- Airline’s biggest shareholders, Swire and Air China, back Lam
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Cathay Pacific Airways Ltd.’s board is planning to meet Wednesday to vote on appointing long-time manager Ronald Lam as the airline’s new chief executive officer, according to people familiar with the matter.
Lam, Cathay’s chief customer and commercial officer, is set to succeed current CEO Augustus Tang, the people said, asking not to be identified because the subject is private. The leadership shift is backed by the airline’s biggest shareholder, business group Swire Pacific Ltd., and second-largest Air China Ltd. has expressed its support, according to the people.