I'm disappointed about the smart-assed snide remarks.
If proven, the guy is a f@cking pervert, and needs to be made an example of. Cathay trying to keep it under wraps and deal with it quietly is also indefensible. Imagine if your daughter (or mother or sister) was the target. It's not just the act itself, but the fact that was allegedly done by a senior manager which brings s dimension of power into the equation. You are less likely to report it if you fear that the management will circle the wagons and defend the cadre (as appears to be the case here). This aspect makes it all the more reprehensible.