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Outgoing Cathay chairman Slosar resigns from Air China board

Cathay Pacific’s outgoing chairman John Slosar has resigned from Air China’s board.

He served as a non-executive director at the Chinese carrier since 2014.

An Air China stock exchange disclosure indicates that Slosar tendered his resignation on 12 October, and will serve until 6 November - the same day he completes his tenure as Cathay chairman.

It did not indicate who will replace Slosar, but it is likely to be Swire Group veteran Patrick Healy, who has been named as Cathay's incoming chairman.

Slosar’s resignation from the Air China board comes about a month after he stepped down as Cathay’s chairman, amid a turbulent time for the carrier that saw a major senior management reshuffle.

Air China owns nearly 30% of Cathay, while Cathay owns 18.1% of the Star Alliance carrier. They entered into the partnership in 2008, and cooperate in areas such as codesharing, frequent flyer programmes, catering and ground services.

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