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Top 2 cheeses resign from CX

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Top 2 cheeses resign from CX

Old 8th Jul 2021, 10:11
  #1 (permalink)  
Thread Starter
 
Join Date: Sep 2002
Location: In someone pocket
Posts: 1,192
Top 2 cheeses resign from CX

https://www.scmp.com/news/hong-kong/...n-opening-door

New kids in the playpen soon
jetjockey696 is offline  
Old 8th Jul 2021, 10:42
  #2 (permalink)  
 
Join Date: Sep 2007
Location: South Gloucestershire
Posts: 40
Red face

“Both Simon and Philippe have contributed greatly to the success of Cathay Pacific,” Tang said.

Bloody predictive text; "success" should read "demise" I think.

Last edited by frampton; 8th Jul 2021 at 10:43. Reason: grammar
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Old 8th Jul 2021, 11:06
  #3 (permalink)  
 
Join Date: Oct 2018
Location: Hong Kong
Posts: 131
So it begins......they are heading for the lifeboats!
LLLQNH is offline  
Old 8th Jul 2021, 11:28
  #4 (permalink)  
 
Join Date: May 2002
Location: Wanaka, NZ
Posts: 2,570
This long suffering CX shareholder who has seen his investment decimated over the past 20 years says get rid of the lot of them and put the tea lady in charge.
gulliBell is offline  
Old 8th Jul 2021, 11:41
  #5 (permalink)  
 
Join Date: Apr 2002
Location: HK
Posts: 40
Makes sense - UK is experiencing shortage of truck drivers/ bar staff/ farm workers due Brexit, so good time to go back and find an honest job
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Old 8th Jul 2021, 11:55
  #6 (permalink)  
 
Join Date: Mar 2016
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Deckchairs. Titanic.
Dragon Pacific is offline  
Old 8th Jul 2021, 13:55
  #7 (permalink)  
 
Join Date: Nov 2015
Location: HK-CRoC
Posts: 722
There's only 3 options here:
1. Bailing a sinking ship with, Iím sure, fat bonus cheques in pocket.
2. Clearing out executive size office space for their CCP replacements
3. Make room for the inevitable liquidator staff.

Or, very possibly, all 3.

Last edited by Flex88; 8th Jul 2021 at 20:31.
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Old 8th Jul 2021, 21:30
  #8 (permalink)  
 
Join Date: Apr 2009
Location: hong kong
Posts: 41
Well, what's the point of having a Customer Director if you've got no customers? Surplus to requirements? And, why wouldn't you push out the Chief Risk Officer if the next big (cost cutting) driver of management bonuses includes schemes like 'single pilot ops'?
badge42 is offline  
Old 9th Jul 2021, 03:24
  #9 (permalink)  
 
Join Date: Mar 2015
Location: HKG
Posts: 332
We should also fire all those involved with engagement and communication. There is none of either, just orders.
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Old 9th Jul 2021, 06:34
  #10 (permalink)  
 
Join Date: Feb 2005
Location: sYDNEY
Posts: 70
What does it tell you when the risk manager bails out. Like the old gag "i'm a bomb technician, if you see me running, try to catch up"
Dashtrash is offline  
Old 9th Jul 2021, 09:39
  #11 (permalink)  
 
Join Date: Apr 2009
Location: hong kong
Posts: 41
He only lasted 8 months in the job. Can't help wondering if he's suffering from a 'dose of integrity'.
badge42 is offline  
Old 9th Jul 2021, 17:28
  #12 (permalink)  
 
Join Date: Mar 2000
Location: Hong Kong, SAR.
Posts: 262
new CEO coming i read somewhere, time for some new ideas?
Oasis is online now  
Old 9th Jul 2021, 22:57
  #13 (permalink)  
 
Join Date: Sep 2014
Location: Asia
Posts: 128
Someone with new ideas would not be given the job.
Bangaluru is online now  
Old 10th Jul 2021, 01:47
  #14 (permalink)  
 
Join Date: Dec 2020
Location: Hotel
Posts: 9
Funny handshake brigade and back stabbers all vying for promotion as new opportunities open up - running round like headless chickens ..the square wheel business moves on
Clueless In CLK is offline  
Old 10th Jul 2021, 02:47
  #15 (permalink)  
 
Join Date: Feb 2000
Posts: 78
badge42

Wait a minute, is this the guy who moved back from America to become GM IOC, only to announce on his first day in the job he was becoming the Cathay Risk Man?
Betsy is offline  
Old 10th Jul 2021, 10:31
  #16 (permalink)  
 
Join Date: Apr 2002
Location: HK
Posts: 40
Yep, thatís the one.
Freehills is offline  
Old 10th Jul 2021, 11:55
  #17 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,597
Can I ask.. what does a Risk Manager actually do?
SOPS is offline  
Old 10th Jul 2021, 12:46
  #18 (permalink)  
 
Join Date: May 2003
Location: Liquifaction Island
Age: 62
Posts: 157
Maybe it had something to do with the cabin crew that got set up in pek, yesterday.
posted at L1 met by police on door opening by name.
Would need collusion from from those in charge for that to happen
turnandburn is offline  
Old 10th Jul 2021, 13:03
  #19 (permalink)  
 
Join Date: Mar 2000
Location: Hong Kong, SAR.
Posts: 262
What happened to the cabin crew? Arrested?
Oasis is online now  
Old 10th Jul 2021, 16:17
  #20 (permalink)  
 
Join Date: Nov 2015
Location: HK-CRoC
Posts: 722
Risk Manager

SOPS

In most corporations "Risk Managers" oversee all operations to "mitigate" or minimalize any risk, operational or financial..
At CX though, with a history over the last 15/20 years of losing many many MILLIONS of US $$ on fines for price fixing on every continent in the world AND losing 5-6 BILLION US $$$ on failed fuel hedging (gambling) bets, Cathay has managed, as they always do, to "reimagine" that job for some schmuck Swire Prince in need of an office door to hang his/her shingle who has ZERO qualifications or previous experience that would qualify them for the task... Google "Cathay Pacific fined" or "Cathay Pacific fuel hedging loses" and it'l keep you busy reading for a week..
Flex88 is offline  

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