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Deputy CEO of Vietnam's Masan Group steps down

Holding company Masan Group Corp. announced March 1 that Deputy CEO Seokhee Won has resigned from his post.

Won also stepped down as CEO of Masan Consumer Holdings and Masan Consumer Corp., subsidiaries of the group. He no longer serves in the members' council and the board of directors of Masan Brewery Ltd., Masan Consumer Corp. and MSC.

Truong Thang has been named CEO of Masan Consumer Holdings and Masan Consumer Corp. He was officially appointed the chief executive of Masan Consumer Corp. and MSC on Feb. 28, 2017, and he will continue as chairman of both companies.