Hong Kong Aircraft Engineering Company (HAECO) said it has tapped Frank Walschot, former SR Technics head, as HAECO’s new CEO. He will start the position in December. He has previously worked in the aviation MRO industry in Europe, the United States, Singapore, and mainland China and takes over from interim CEO Summit Chan, who will continue to act as interim CEO until 1 December. Chan will then take up the role of group director for corporate development and retain his current roles as chairman of HAECO Xiamen and HAECO’s other China joint ventures. Chan, and now Walschot, take over from Augustus Tang, who resigned to take on the role of CEO at Cathay Pacific. Tang replaced former Cathay CEO Rupert Hogg, who was forced to resign after China pressured the airline over anti-government protests in Hong Kong. HAECO is part of the Swire Group of companies.
Commenting on the new appointment, Merlin Swire, chairman of HAECO Group, said: “Frank brings with him a wealth of knowledge and international experience in the MRO industry. I am confident that his leadership will help to deliver long-term sustainable growth for the HAECO Group.”
