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PSA reshuffles top ranks
Feb 9, 2010
Surprise departure of Europe chief triggers changes in senior council
By Robin Chan
CHANGES are afoot at port operator PSA International after one surprise departure and the shuffling of several senior management positions, The Straits Times has learnt from an internal memo.
The head of PSA's European operations, Mr Pierre Timmermans, has stepped down with immediate effect and will leave the company at the end of the month - for reasons not specified.
Mr David Yang, PSA's head of the Middle East and South Asia, will now move to run the Europe and Mediterranean operations based in Antwerp.
The current chief executive of Singapore and South-east Asia, Mr Kuah Boon Wee, will, in turn, head the Middle East and South Asia operations. He is being replaced by current Singapore terminals chief operating officer Tan Puay Hin.
Head of group business development, Mr Kenny Ong, will take on a larger portfolio in becoming CEO of the Americas, heading the company's operations in Panama and Buenos Aires from Singapore. These top executives are all part of PSA's eight-member senior management council headed by group CEO Eddie Teh.
The changes were announced in an internal memo from Mr Teh to PSA staff last Wednesday, which was obtained by The Straits Times. They took effect immediately.
Feb 9, 2010
Surprise departure of Europe chief triggers changes in senior council
By Robin Chan
CHANGES are afoot at port operator PSA International after one surprise departure and the shuffling of several senior management positions, The Straits Times has learnt from an internal memo.
The head of PSA's European operations, Mr Pierre Timmermans, has stepped down with immediate effect and will leave the company at the end of the month - for reasons not specified.
Mr David Yang, PSA's head of the Middle East and South Asia, will now move to run the Europe and Mediterranean operations based in Antwerp.
The current chief executive of Singapore and South-east Asia, Mr Kuah Boon Wee, will, in turn, head the Middle East and South Asia operations. He is being replaced by current Singapore terminals chief operating officer Tan Puay Hin.
Head of group business development, Mr Kenny Ong, will take on a larger portfolio in becoming CEO of the Americas, heading the company's operations in Panama and Buenos Aires from Singapore. These top executives are all part of PSA's eight-member senior management council headed by group CEO Eddie Teh.
The changes were announced in an internal memo from Mr Teh to PSA staff last Wednesday, which was obtained by The Straits Times. They took effect immediately.
