CEO of F&N suddenly resigned
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According to ST report, dated 6 OCT 2007, CEO of F&N resigned after Mr Lee Shien Yang took over the Chairmanship of F&N, I think the reason is clash of personality. The CEO who is much older and experienced would not like to be controlled by Mr Lee who is much younger.
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tts YOUR speculation rite?
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and maybe he thinks he already has enuff loot to last him for a lifetime.
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Originally posted by FireIce:tts YOUR speculation rite?
F&N CEO quits, citing differences of opinion with board
anybody can infer that
By Loh Kim Chin, Channel NewsAsia | Posted: 05 October 2007 2034 hrs
SINGAPORE: Diversified Fraser and Neave (F&N) said on Friday that its CEO, Han Cheng Fong, has resigned with immediate effect.
In a statement to the Singapore Exchange on Friday, F&N said that Dr Han's resignation was due to differences of opinion with the company's board of management.
But the beer-to-property conglomerate maintained that the differences had nothing to do with the financial position or performance of F&N or its subsidiaries.
When contacted, F&N's company secretary Anthony Cheong also told Channel NewsAsia that Dr Han's departure was not triggered by the impending change of F&N chairmanship, contrary to some media reports.
Former SingTel Group CEO Lee Hsien Yang is due to take over the chairmanship from Michael Fam when he retires on October 15. Mr Lee is currently a consultant with F&N.
Dr Han has been F&N's CEO since February last year.
F&N said it is looking for a successor. Meanwhile, the board's chairman will oversee the management until a successor is appointed. - CNA/ir
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Buy or sell F&N shares?
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buy!....then go AGM and ask "by paying million dollar, will it affect the shareholder dividends?"Originally posted by googoomuck:Buy or sell F&N shares? -
F&N is also controlled by TemasekOriginally posted by Lin Yu:buy!....then go AGM and ask "by paying million dollar, will it affect the shareholder dividends?" -
but as shareholder you can ask right? they canot throw you out nor can they not answer you right?Originally posted by t_a_s:F&N is also controlled by Temasek or they don't work this way? -
Even if know the reasons also can't disclosed here
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ask them why they increase the bonus of most of the top guns' and freeze the increment of most of the middle and lower income workers?
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sorry. this is not the reason why my father made him resign.
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Food prices in hawker centre has increased but our salary stay stagnant, the GST rebate is not enough for usOriginally posted by Heartlander:ask them why they increase the bonus of most of the top guns' and freeze the increment of most of the middle and lower income workers? -
How many % stake? My family holds shares in F&N subsidiary APB, but nothing seems to be mentioned about TH.Originally posted by t_a_s:F&N is also controlled by Temasek