China, which is the second largest shareholder of Cathay
through state-owned Air China Ltd, also ordered Hogg to suspend these employees from work.
The Board of Directors of Cathay
Pacific announced that it has accepted the resignation of Rupert Hogg as Chief Executive Officer and Paul Loo as Chief Customer and Commercial Officer.
Hogg resigned to take responsibility as Cathay
John Slosar, Chairman of Cathay
Pacific, commented, 'Augustus Tang and Ronald Lam have the experience and depth of knowledge of aviation and our people to be strong and effective leaders of Cathay
Pacific at this sensitive time.
Pacific Chief Executive Rupert Hogg and customer and commercial officer Paul Loo resigned.
During a general strike earlier in the month, some staff joined in, including the union representing Cathay
Pacific's flight attendants.
General Bancorp is the holding company for Cathay
Bank, a California state-chartered bank.
The Financial Conduct Authority had issued the fine notice to Cathay
as well as handing notices to Cathay
Chief Executive Officer Jinyi Lee and Finance Director Eric Siu.
Local fire trucks welcomed the Cathay
flight with a traditional water salute.
30 October 2017 - Los Angeles, US-based bank holding company Cathay
General Bancorp (NASDAQ: CATY) has completed the bank merger between Far East National Bank and Cathay
Bank, the company said.
AIRBUS has secured a deal worth $4bn (PS3.1bn) with Cathay
AIRBUS has secured a deal worth PS3.1bn with Cathay