AUCKLAND—Philippine Airlines (PAL) has made a significant change in its leadership structure as it seeks a new president to run the airline. In a disclosure to the Philippine stock exchange, the airline confirmed that PAL chairman Lucio Tan will assume the role of interim president until a permanent president is approved by the carrier’s board. Tan is one of the most prominent businessmen in the Philippines. Among numerous other businesses for which he serves as chairman, Tan is ...

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