Cathay Pacific Airways CEO resigns as Chinese scrutiny mounts over the anti-government protests

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Cathay Pacific Airways CEO resigns as Chinese scrutiny mounts over the anti-government protests
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'This is regrettable as we have always made safety and security our highest priority,' Cathay chairman John Slosar said.

The move comes amid mounting Chinese regulatory scrutiny of the Hong Kong carrier over the involvement of its employees in the city's anti-government protests.

The sudden departure signals growing pressure on the corporate sector in the Chinese-controlled former British colony, home to multinationals such as HSBC Holdings and Jardine Matheson Holdings, to support Beijing. The airline also said Paul Loo had resigned as chief customer and commercial officer, to be replaced by the head of its low-cost arm Hong Kong Express, Ronald Lam.

Cathay whose strong British links make it a symbol of Hong Kong's colonial past, has emerged as the highest-profile corporate target as Beijing looks to quell protests in the territory that have gone on for 10 straight weeks.

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