Two top Cathay Pacific executives resign, opening door to reshuffle of senior talent

The departure of two senior executives at Cathay Pacific could spark a reshuffle of key talent as Hong Kong’s flagship carrier prepares to usher in a new generation of leaders faced with the challenge of guiding the company’s return to profitability. Simon Large, one of the airline’s directors who oversaw all customer-related activities, has resigned and will return to Britain, while Philippe Lacamp has stepped down as chief risk officer after little more than eight months in the role, the Post has learned. The departures come ahead of Cathay’s traditional rotation of top executives, which usually takes place every three to four years, that will decide the successor of chief executive Augustus Tang Kin-wing. The sole person being considered was chief customer and commercial officer Ronald Lam Siu-por, who already had an influential say in running the company, an insider familiar with the plans said. All that remained to be decided was when he would take over. Tang’s other deputy, chief operations and service delivery officer Greg Hughes, was awarded a one-year contract extension until June 2022, at which point he is expected to retire, the source said. Among the potential candidates to succeed him were senior Swire executives Tom Owen, Alex McGowan, Neil Glenn and James Ginns.<br/>