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Cathay appoints new chairman as Slosar retires

Cathay Pacific has appointed Swire Group veteran Patrick Healy as its new chairman, following the retirement of incumbent chairman John Slosar.

The airline, which has been the subject a recent senior management reshuffle, says Slosar will retire at the conclusion of the next board meeting on 6 November.

Incoming chairman Healy joins the Cathay board from his current role as managing director of Swire Coca-Cola. He is also a director of John Swire & Sons and a non-executive director of Swire Properties. Healy joined the Swire Group, which owns Cathay Pacific, in 1988.

Slosar's retirement from the Cathay board comes a year after he stepped down as chairman and director of Swire Pacific and its subsidiaries Hong Kong Aircraft Engineering Company and Swire Properties.

It also comes weeks after the shock resignation of Cathay chief Rupert Hogg and commercial and customer chief Paul Loo. The duo left as the airline found itself embroiled in controversy over its employees' participation in anti-government protests.

Chinese authorities put pressure on Cathay in days following the protests, which stemmed from the Hong Kong government's decision to introduce an unpopular extradition bill.

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