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08-05-2014, 10:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
http://www.straitstimes.com/news/bus...lence-20140508 (http://www.straitstimes.com/news/business/companies/story/tigerair-chief-quits-amid-turbulence-20140508)
Tigerair chief quits amid turbulence
Move follows carrier's report of jump in losses; SIA exec to take over reins
PUBLISHED ON MAY 8, 2014 7:07 AM *2*0*0*1
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Tigerair's (above) chief executive Koay Peng Yen is stepping down next Monday. His successor is Mr Lee Lik Hsin. -- PHOTO: BLOOMBERG
BY TEE ZHUO
Embattled Tiger Airways said its chief executive is stepping down next Monday.
The shock announcement came just six days after the budget carrier reported a sharp increase in losses.
Mr Koay Peng Yen, 48, will stay on the board as an adviser and non-executive director until the annual general meeting on July 31, the firm announced.
He will be replaced by Singapore Airlines (SIA) executive Lee Lik Hsin.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?181137-rolling-head-of-Tiger-Air&goto=newpost).
http://www.straitstimes.com/news/bus...lence-20140508 (http://www.straitstimes.com/news/business/companies/story/tigerair-chief-quits-amid-turbulence-20140508)
Tigerair chief quits amid turbulence
Move follows carrier's report of jump in losses; SIA exec to take over reins
PUBLISHED ON MAY 8, 2014 7:07 AM *2*0*0*1
*
Tigerair's (above) chief executive Koay Peng Yen is stepping down next Monday. His successor is Mr Lee Lik Hsin. -- PHOTO: BLOOMBERG
BY TEE ZHUO
Embattled Tiger Airways said its chief executive is stepping down next Monday.
The shock announcement came just six days after the budget carrier reported a sharp increase in losses.
Mr Koay Peng Yen, 48, will stay on the board as an adviser and non-executive director until the annual general meeting on July 31, the firm announced.
He will be replaced by Singapore Airlines (SIA) executive Lee Lik Hsin.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?181137-rolling-head-of-Tiger-Air&goto=newpost).