Industry

CEO of Cathay Pacific Resigns Amid Continued Protests in Hong Kong

Rupert Hogg says he is stepping down to “take responsibility as a leader.”
IMAGE Unsplash
Comments

The CEO of Hong Kong’s flag carrier Cathay Pacific is stepping down, the airline announced on Friday, August 16. 

Various media outlets have reported how CEO Rupert Hogg faced pressure from authorities in mainland China to prevent airline employees from joining massive protests in the territory, which is now on its tenth week.

Share prices of the airline have also fallen this week to record lows in ten years.

A statement posted on the Hong Kong Stock Exchange website on Friday said Hogg, a British national, had resigned “to take responsibility as a leader of the Company in view of recent events.”

Also announcing his resignation was Paul Loo, chief customer and commercial officer, who gave the same reason for his exit.

Media reports say China ordered Cathay Pacific last week to bar its employees from participating in the demonstrations and to submit the names of crew members flying to and from the mainland.

ADVERTISEMENT - CONTINUE READING BELOW

The airline has fired at least four employees, including two pilots, linked to the protests.

Hogg is being replaced by Augustus Tang of the Swire Group, the main shareholder of the airline.

Hong Kong has been in the grip of citywide protests from its citizens in recent weeks. Demonstrators are pushing against what they say is China’s increasing influence over the semi-autonomous territory.

Comments
View More Articles About:
Recommended Videos
About The Author
Paul John Caña
Associate Editor, Esquire Philippines
View Other Articles From PJ
Comments
Latest Feed
 
Share
As of February 17, there are currently 171 persons under investigation for COVID-19.
 
Share
 
Share
What's extremely clear in this script is that Star Wars is good when there is consequence.
 
Share
Where to go to make the most of the long weekend?
 
Share
 
Share
Gomez, Burgos, and Zamora solidified the secularization movement and the nascent nationalism felt by so many.
 
Share
 
Share
When you don't pay attention to what other people are doing, other people are bound to copy.
 
Share
Writer and producer Valerie Castillo-Martinez teams up with Raya Martin for Death of Nintendo.  
 
Share
Botaniko Herbal Urban Lounge is where you can start or end a chill night in the city.
Load More Articles
Connect With Us