King Power stake in Thai AirAsia, the country's largest budget airline. The purchase of 39 percent of holding company Asia Aviation makes King Power the second largest shareholder in Thai AirAsia. On 27 October 2018, the chairman and CEO of King Power, Vichai Srivaddhanaprabha died in a helicopter crash, shortly after leaving King Power Stadium, home of Leicester City FC. The cause of the crash is currently unknown, and is under investigation by the UK Air Accidents Investigation Branch. King Power has outlets at nine Thai airports and stores in major tourist venues. In 2017, King Power was accused of failing to
Executive sponsor Executive sponsor Executive sponsor (sometimes called project sponsor or senior responsible owner) is a role in project management, usually the senior member of the project board and often the chair. The project sponsor will be a senior executive in a corporation (often at or just below board level) who is responsible to the business for the success of the project. The sponsor has a number of interfaces and responsibilities for the project. The responsibilities for which the sponsor is accountable to the board are: The governance activities that take place between the sponsor and the project manager are: In addition