Swire Pacific Chairman John Slosar to Retire in July, Be Replaced by Merlin Swire
By Chester Yung
Swire Pacific Ltd. (>> Swire Pacific Limited) Thursday said Chairman John Slosar will retire, effective July 1, and be replaced by Merlin Swire, a company director.
The company said Mr. Slosar, 61 years old, will also step down as chairman of its listed units Swire Properties Ltd. (>> Swire Properties Limited) and Hong Kong Aircraft Engineering Co. Ltd. (>> Hong Kong Aircraft Engineering Co., Ltd.) from July this year. But he will remain chairman and a director of Cathay Pacific Airways Ltd. (>> Cathay Pacific Airways Ltd), a listed associated company of Swire Pacific.
Swire Pacific said Mr. Swire, 44, will also succeed Mr. Slosar as chairman of Swire Properties and HAECO.
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