Friday, 14 April 2017

Cathay Pacific Airways Ltd (HKSE - 0293.HK) - Replacement of CEO

Recent news reported Cathay Pacific's CEO Ivan Chu will be replaced by Rupert Hogg and he will takes over May 1.

It also mentioned that the change at the top usually occurs every 3 years at the carrier which comes in the midst of the biggest business revamp the company embarked on in two decades.

For more details of the news, click below link :
Cathay Names Rupert Hogg as CEO After First Loss in 8 Years 

Daily chart of Cathay Pacific.


Will the top management replacement revives the share price in near future ?


Source :
1) Metastock
2) www.bloomberg.com

No comments:

Post a Comment