Discovered in March. Announced in the middle of the night 8 months later with the CEOs name attached. This will be a test of his leadership skills . So far they have been found wanting revealing him to be just another seat warmer with no substantial ability to communicate a corporate direction or vision or ability to engage staff.
This will be a total
PR disaster for Cathay thanks to their institutionalised penny pinching leaving them with a compromised IT system. No amount of spin is going to pass this off as just one of those things that happen. Leaders get out in front and lead from the front. Eight months, really.