Airline Cebu Pacific (CEB) has announced a change in the company’s management.
In a statement, the carrier said at its December 5, 2022 meeting, its board of directors approved several changes to its management team effective January 1, 2023.
Lance Gokongwei, President and CEO of CEB at Gokongwei Group, will assume the role of chairman and Michael Szucs, the current chief executive officer, will assume the role of CEO.
“As CEO, Mr. Shuks will formally lead the CEB, reporting to its Chairman, and will work closely with our Board of Directors, Gokongwei Group’s Executive Committee and Executive Leadership Council. The move leaves Mr. Shux accountable, overall accountable for the operations of Cebu Air Inc., as recognized and documented by the Civil Aviation Authority of the Philippines. manager,” the company said.
Meanwhile, James Goh will continue to serve as an advisor to the CEB Board and Executive Committee, while current Chief Commercial Officer Alexander Rao will serve as President and Chief Commercial Officer.
“With Alexandre Rao’s expanding role as president, he will assist the CEO in strategic execution and managing stakeholders, including regulators, government partners and investors, among others,” the CEB said. “I will play a more active role.” “His move cements a long succession plan to create a future-ready leadership pipeline.”
Prior to this appointment, Lao was Vice President of Commercial Planning before becoming Chief Strategy Officer leading the Corporate Strategy Office, which played an integral role in the CEB’s Future Size and Shape initiative in 2020.
