Cathay's New CEO Won't Solve Its China Problems
The company remains a symbol of Hong Kong’s British colonial legacy. Deeper management changes could go a long way.
Augustus Tang will be just the third ethnic Chinese CEO in Cathay’s history.
Photographer: David Wong/South China Morning Post via Getty Images
Swire Group must be hoping its season in hell with China's government is over. In truth, it may have barely begun.
Rupert Hogg, chief executive officer of Swire’s most recognizable brand, Cathay Pacific Airways Ltd., resigned Friday after a tumultuous week in which China’s air safety regulator threatened the carrier with a ban on overflying the mainland and state-owned enterprises promised a boycott. Cathay staff were warned they’d be fired for participating in “illegal protests” in Hong Kong.