Henry Tan to succeed Rohana in Astro
Thursday, 7 Jun 201810:43 AM MYT
PETALING JAYA: Astro Malaysia Holdings
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Bhd (Astro), which is the subject of speculation that it may be taken private, announced a succession plan that will see group chief content & consumer officer Henry Tan takeover the helm from Datuk Rohana Rozhan from end January next year.In an announcement this morning, Astro said Rohana, who has been with Astro for 20 years, has given notice of her resignation to take effect from 31 January 2019.
Notwithstanding her resignation as group CEO, on 31 January 2019, she will remain on the board as a non-executive director
Tan has been with Astro for more than 10 years and will lead Astro as it faces challenges from cheaper alternatives such as over-the-top (OTT) service providers such as Netflix and dimsum.
Two days ago, a wire report stated that Astro was a privatisation target by its major shareholder T Ananda Krishna. The stock price went up but has since retreated
Read more at https://www.thestar.com.my/business/business-news/2018/06/07/rohana-rozhan-to-step-down-as-astro-group-ceo-in-2019/#ia0uvZ6XixWlaHV3.99