John Slosar, 57, has worked since 1980 at the Swire group, Cathay Pacific’s largest shareholder.
He is also set to become chairman of John Swire & Sons, Swire Pacific, Swire Properties and Hong Kong Aircraft Engineering.
Christopher Pratt, current chairman of Cathay Pacific as well as the Swire group in Hong Kong, is retiring after eight years in the roles.
Slosar was appointed managing director of Hong Kong Aircraft Engineering in 1996, managing director of Swire Beverages in 1998, and COO of Cathay Pacific Airways in 2007.
He has been Cathay Pacific’s chief executive since 2011 and is also chairman of Swire Beverages and of Hong Kong Dragon Airlines.
Ivan Chu, currently chief operating officer, will take over Slosar’s position as chief executive.
Chu, 51, joined Cathay Pacific in 1984 and has worked for the company in Hong Kong, Mainland China, Taiwan, Thailand and Australia. He is also chairman of AHK Air Hong Kong.