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Oh Dear ! Not Again!Tighten Your Belt For More Money Losses!
- Thread starter batman1
- Start date
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</td> </tr> <tr> <td valign="top" width="5"> </td> <td colspan="2" valign="top" width="591">Temasek and Charles Goodyear agree not to proceed with CEO appointment
Posted: 21 July 2009 1756 hrs
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Singapore: Temasek Holdings and Mr Charles ("Chip") W. Goodyear have mutually agreed not to proceed with the CEO appointment that was to have taken effect on 1 October 2009.
Mr Goodyear was appointed a Member of the Board of Directors of Temasek Holdings (Private) Limited on 1 February and CEO-Designate on 1 March to succeed Ms Ho Ching as CEO.
In a news release issued Tuesday evening, Temasek said that four months into the leadership transition, the Board and Mr Goodyear concluded and accepted that there are differences regarding certain strategic issues that could not be resolved.
In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship with effect from 15 August 2009.
Mr Goodyear will also step down from the Temasek Board effective the same date.
Chairman of Temasek Holdings, Mr Dhanabalan was quoted in the news release as saying, "It is with much regret that both Chip and the Board have accepted that it is best not to proceed with the leadership transition.
"We wish Chip all the best in his future endeavours, and are happy that Ho Ching has agreed to continue as Executive Director and CEO."
Mr Goodyear who voiced regret at being unable to continue with the leadership transition described Temasek as having "a fantastic platform".
Elaborating on the point Ms Ho Ching said she hope to complete the initiatives that started by Mr Goodyear.
"In the short time with us, Chip has started a number of initiatives which I believe will help strengthen the Temasek platform. I am sorry he is unable to continue with the leadership transition" she said.
Mr Goodyear began his career at Kidder, Peabody where he advised corporations on mergers and acquisitions and financing.
The former President of Goodyear Capital Corporation and former Executive Vice President and Chief Financial Officer of Freeport-McMoRan Inc, had also served as the Chief Executive and Executive Director, Chairman of the Office of Chief Executive for BHP Billiton.
- CNA/sf
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</td> </tr> <tr> <td valign="top" width="5"> </td> <td colspan="2" valign="top" width="591">Temasek and Charles Goodyear agree not to proceed with CEO appointment
Posted: 21 July 2009 1756 hrs
<table align="right" border="0" cellpadding="0" cellspacing="0" width="260"> <tbody><tr> <td align="right" width="20"> </td> <td align="right" width="240">
</td> </tr> <tr> <td> </td> <td class="update"> </td> </tr> <tr> <td> </td> <td>
</td> </tr> </tbody></table>
Singapore: Temasek Holdings and Mr Charles ("Chip") W. Goodyear have mutually agreed not to proceed with the CEO appointment that was to have taken effect on 1 October 2009.
Mr Goodyear was appointed a Member of the Board of Directors of Temasek Holdings (Private) Limited on 1 February and CEO-Designate on 1 March to succeed Ms Ho Ching as CEO.
In a news release issued Tuesday evening, Temasek said that four months into the leadership transition, the Board and Mr Goodyear concluded and accepted that there are differences regarding certain strategic issues that could not be resolved.
In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship with effect from 15 August 2009.
Mr Goodyear will also step down from the Temasek Board effective the same date.
Chairman of Temasek Holdings, Mr Dhanabalan was quoted in the news release as saying, "It is with much regret that both Chip and the Board have accepted that it is best not to proceed with the leadership transition.
"We wish Chip all the best in his future endeavours, and are happy that Ho Ching has agreed to continue as Executive Director and CEO."
Mr Goodyear who voiced regret at being unable to continue with the leadership transition described Temasek as having "a fantastic platform".
Elaborating on the point Ms Ho Ching said she hope to complete the initiatives that started by Mr Goodyear.
"In the short time with us, Chip has started a number of initiatives which I believe will help strengthen the Temasek platform. I am sorry he is unable to continue with the leadership transition" she said.
Mr Goodyear began his career at Kidder, Peabody where he advised corporations on mergers and acquisitions and financing.
The former President of Goodyear Capital Corporation and former Executive Vice President and Chief Financial Officer of Freeport-McMoRan Inc, had also served as the Chief Executive and Executive Director, Chairman of the Office of Chief Executive for BHP Billiton.
- CNA/sf
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filthy bastard PAP
fuck u old man and all your famiLEE
cunt find a place to slot her chao cheebye old man hv u try sell her at geylang?
fuck u old man and all your famiLEE
cunt find a place to slot her chao cheebye old man hv u try sell her at geylang?
Honestly,with her track record for incompetence,no company in the private sector will dare to employ her.Honestly,she will not be shortlisted and selected for a job in the private sector.But since Temasek is owned by the
LEEMAFIA FAMILY and is "her" company,she can quit today and rejoin tomorrow "her" company like nobody's business without batting an eyelid !
U all peasant better wake up OK !U all peasants got no say in this matter OK !
I think he tried for a few months already & obviously no buyers lah
fuck lah package as SHE-MALE lor......
fuck lah package as SHE-MALE lor......
I think she already has experience in that dept, must ask our PM about that
