HNA Group-controlled Hong Kong Airlines hit by three high-level resignations
- Tang King-shing resigned late last month as vice-chairman of the carrier’s board
- CFO and co-chairman have also left, sources say
Hong Kong Airlines has been rocked by the resignations of its co-chairman, vice-chairman and chief financial officer.
Tang King-shing, Hong Kong’s former police chief, resigned late last month as vice-chairman of the board at the carrier, citing personal reasons. Chief financial officer Jacky Lui Jiaqi and chairman Zhang Kui have also left, two sources said.
The resignations come as HNA Group – the debt-ridden Chinese conglomerate which controls the carrier – seeks to offload, or cut, its stake in Hong Kong Airlines and Hong Kong Express.
The airline’s website lists among its leadership newly appointed chairman Hou Wei, president Wang Liya, vice-presidents Vitoo Zhan Xuewei and Ben Wong Ching-ho, and chief marketing officer George Liu Jiang.
Names removed from that list since October include co-chairman Zhang, who has decided to pursue other interests. It was not clear when he left the company. Lui resigned as finance chief on November 16 and left on December 7, a source said.
Zhang was co-chairman along with Mung Kin-keung, who is the chairman of entertainment company China Star Entertainment. It was unclear whether Mung remained in his post.