Siwakiat, also a board member, replaced Chokchai Panyayong, who had
resigned from the acting post while maintaining his job as senior
executive vice president in charge of corporate strategy and
sustainable development, the airline told the Stock Exchange of
Thailand on Friday.
This month the airline said other board members, including former
chairman Ampon Kittiampon, would step down.
Air Chief Marshal Prajin Juntong, who is overseeing economic matters
for the junta, remains chairman of Thai Airways to help turn around
the state-controlled airline after the junta refused his
Prajin said previously he was worried about revenue, but added the
airline's aircraft purchasing plan would not be reviewed. It is due
to take deliveries in the next five years.
Thai Airways, which also suffered from fierce competition from low
cost and regional rivals, is implementing strategies to boost
revenue, cut operating costs and scrap some benefits of the 15
members of the board.
[to top of second column]
The junta, led by General Prayuth Chan-ocha, has been scrutinising
56 state-owned companies as part of its attempt to reform and take
control of the overall state enterprise system and its combined
assets of 11 trillion baht ($340 billion).
(Reporting by Orathai Sriring; Editing by Matt Driskill)
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