Suddenly, the chairman of Hainan Airlines resigned

On the evening of January 24, Hainan Airlines Holdings Company announced that due to personal reasons, Chairman Liu Lu applied to resign from the company’s legal representative, chairman, director and special committees under the board of directors.

After Liu Lu resigns, she will not hold any other positions in Hainan Airlines and its holding subsidiaries.

The announcement stated that Hainan Airlines will complete the election of the new chairman as soon as possible in accordance with legal procedures. In view that the election of the new chairman still needs to go through the corresponding legal procedures, Hainan Airlines Vice Chairman Chen Ming will perform the duties of the legal representative and chairman until Hainan Airlines elects a new legal representative and chairman.

According to relevant information, Liu Lu, who was born in 1970, joined HNA in April 1994 and is currently the chairman of Hainan Airlines and the vice chairman and executive president of HNA Aviation Tourism Group.

Liu Lu has previously served as a senior executive in several companies under the HNA Group.

He once served as the financial director of Haikou Meilan Airport and Changan Airlines, the chief financial officer of Fortune Air, the executive president and financial director of Gansu Airport, the chairman of HNA Airport Group, and the president, CEO and executive deputy director of Hainan Airlines Chairman, executive chairman, president and chairman of Tianjin Airlines, chairman of Capital Airlines, president and financial director of HNA Aviation Group, chairman of West Airlines and other positions.

Liu Lu has not been the chairman of Hainan Airlines for a long time. She succeeded Xu Jun as the chairman and legal representative of Hainan Airlines on May 22, 2021.

At the actual control handover meeting of HNA Aviation’s main business last month, on December 8, 2021, Hainan Airlines’ new boss Fang Wei also made his first appearance at HNA Aviation’s cadre and employee meeting and published a 10,000-word speech speak.

At HNA Airlines’ cadre meeting, Fang Wei made it clear that he fully trusted HNA’s existing cadres and employees. Fangda would not send anyone over, let alone management cadres, just an accountant and a cashier. , not a single financial officer will be sent. However, all HNA cadres will have an evaluation period of six months to one year, and the data will speak for themselves at that time.

In less than a month, the chairman resigned. I wonder what this means?

It is unknown whether a chain reaction will occur later or whether there will be any major personnel adjustments.

However, Brother Yi believes that no matter how the senior management changes, the overall situation of Hainan Airlines has been determined.

Now we have to wait and see in 2022. Can it turn losses into profits in one fell swoop and create the myth of Fangda’s improved performance after its acquisition?