Merlin Swire to step down as chairman of Swire Pacific and Swire Properties after the giant Hong Kong group reported its first losses – Therapy Box

Merlin Swire to step down as chairman of Swire Pacific and Swire Properties after the giant Hong Kong group reported its first losses

Merlin Bingham Swire, a sixth-generation descendant of the Swire group’s founder, will step down as chairman of Swire Pacific and Swire Properties, after the giant Hong Kong conglomerate reported its first ever loss in history.Guy Bradley, currently chief executive of Swire Properties, has been appointed as the new chairman of Swire Pacific and Swire Properties, the company said late on Friday.“After three years in Hong Kong, Merlin Swire will resume his role as chief executive of John Swire &…