Bleeding billions, Hong Kong arts hub axes CEO, searches for new chief to steer project hit by delays, cost overruns

Last week’s acrimonious shake-up at Hong Kong’s controversial arts hub exposed a bitter row between the management and its governing board, raising new questions about the future of a 22-year-old project grappling with cost overruns and delays.Duncan Pescod, 61, a former Hong Kong civil servant who became CEO of the West Kowloon Cultural District Authority five years ago, said he was being forced to step down at the end of November, nine months before his HK$5 million-a-year term expires,…

from South China Morning Post https://www.scmp.com/news/hong-kong/politics/article/3104080/bleeding-billions-hong-kong-arts-hub-axes-ceo-searches-new