Malaysia Airlines (MAS) may pick a foreigner as its chief executive officer and the person will be given the mandate to chart the restructuring of the ailing company over the next five years.
The foreigner is a person from the airline industry and is one of three who have been shortlisted, The Star reported today, quoting a source.
It is believed that the major stakeholder in MAS, Khazanah Nasional Bhd, has given its agreement to the candidate.
The new CEO will take over from Ahmad Jauhari Yahya, whose contract has been extended until September next year.
“Apart from the CEO, MAS will also hire another five or six key personnel who are knowledgeable in specific areas of the industry to cut costs.
“For instance, in the area of engineering, which is a major cost centre, a person will be hired to guide the committee on how to rationalise costs without impacting services,” the source told the MCA-owned daily.
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