News Update SIA chief to step down
Singapore Airlines shares have doubled since Mr Chew, whose contract expires in December, took over at the carrier in 2003 when the SARS crisis hammered air travel in Asia. -- PHOTO: ARTHUR LEE/BT
SINGAPORE Airlines' chief executive officer Chew Choon Seng, 64, is ready to step down.
Company Watch - Singapore Airlines.: An article from: Airguide Online
He said after a shareholders meeting on Tuesday: 'It is at the mercy of the board but I am getting on in years, I should move on. And as one shareholder has said, my hair has all gone grey....I think the process of renewal in the leadership should take place.'
The board is looking for a replacement and has shorlisted 'several' candidates both within and outside the airline, said chairman Stephen Lee, without elaborating.
Industry observers said potential in-house successors are Mr Bey Soo Khiang, senior executive vice-president (marketing and corporate services), as well as the carrier's three executive vice-presidents; Ng Chin Hwee, Mak Swee Wah and Goh Choon Phong.
Mr Chew joined SIA in 1972 and took over the captain's seat in June 2003. His current contract as CEO expires at the end of the year.
SINGAPORE Airlines' chief executive officer Chew Choon Seng, 64, is ready to step down.
Company Watch - Singapore Airlines.: An article from: Airguide Online
He said after a shareholders meeting on Tuesday: 'It is at the mercy of the board but I am getting on in years, I should move on. And as one shareholder has said, my hair has all gone grey....I think the process of renewal in the leadership should take place.'
The board is looking for a replacement and has shorlisted 'several' candidates both within and outside the airline, said chairman Stephen Lee, without elaborating.
Industry observers said potential in-house successors are Mr Bey Soo Khiang, senior executive vice-president (marketing and corporate services), as well as the carrier's three executive vice-presidents; Ng Chin Hwee, Mak Swee Wah and Goh Choon Phong.
Mr Chew joined SIA in 1972 and took over the captain's seat in June 2003. His current contract as CEO expires at the end of the year.
