rolling head of Tiger Air
 

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.straitstimes.com/news/bus...lence-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.


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