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Toshiba shakes up board; Chunghwa Telecom reshuffles top management


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Toshiba shakes up board; Chunghwa Telecom reshuffles top management

S&P Global Market Intelligence presents a monthly rundown of executive and board changes in the Asia-Pacific technology, media and communications industries.

Top news

* Toshiba Corp. nominated seven new independent directors as part of its 12-member board slate. The new candidates for independent directors are Paul Brough, Ayako Weissman, Jerry Black, George Raymond Zage III, Nobuyuki Kobayashi, Takashi Yamauchi and Yoshiaki Fujimori. Five of the candidates are non-Japanese, which would mark the first time in nearly 80 years that the board would include international members.

* Chunghwa Telecom appointed former President Chi-Mau Sheih as chairman and CEO of the company. Additionally, the company's CFO and senior executive vice president Shui-Yi Kuo has assumed the position of president, effective immediately. Kuo will continue as CFO until a replacement is named.

Media industry moves

* Xie Guomin resigned from his post of co-president and director of Tencent Music Entertainment Group for personal reasons. Meanwhile, the Tencent Holdings Ltd. unit tapped Xie Zhenyu, current co-president and board member, to be its new chief technology officer, while vice president Chen Linlin was appointed to oversee the company's Kugou business.

* SKY Network Television Ltd. confirmed the departure of Julian Wheeler, the company's chief technology officer, The New Zealand Herald reported. Wheeler, who was in charge of Sky's technology strategy since 2014, left the company to "move on to his next challenge."

* Australian Broadcasting Corp. appointed David Anderson as the new managing director of the company for a five-year term. Anderson, a 30-year veteran at the Australian public broadcaster, has been acting managing director since the firing of Michelle Guthrie in September 2018.

* Sony Pictures Entertainment Inc. business executive and film producer Amy Pascal is set to leave after 30 years with the company, The River reported. The "Spider-Man" producer reportedly signed a first-look deal with Universal Pictures.

Communications industry moves

* NTT Communications Co. Ltd. appointed Takuhiko Obara senior vice president and head of general affairs, replacing Takashi Morishita. Obara will retain his role as senior vice president, head of legal affairs and auditing.

* Trilogy International Partners Inc. said Mark Aue will formally begin his role as CEO of its New Zealand-based subsidiary 2degrees, effective July 1. Aue will replace Stewart Sherriff, who is retiring and will join the company's board.

* Spark New Zealand Ltd. said Alison Gerry, who has been on the company's board since 2016, has resigned as a board director and chairman of the company's audit and risk management committee.

* Macquarie Telecom Group Ltd. appointed Geoff Richardson CFO on an interim basis. Richardson, who will join the Australian telco for a four-month period, was previously CFO at SAI Global Ltd.

* Huawei Technologies (Australia) Pty. Ltd. named Haosheng Liu as its new CEO. Liu, who has been with the company since 1998, was most recently chief executive of Huawei Indonesia.

Technology industry moves

* Nielsen Holdings PLC expanded Desmond Wang's leadership role as managing director of Nielsen Hong Kong and Macau, in addition to Taiwan.

* Capcom Co. Ltd. expanded Kiichiro Urata's leadership role as managing corporate officer of Capcom U.S.A. Inc., in addition to being CEO of the company's U.S. operations.

* SoftBank Group Corp. appointed Itaru Nagao as head of its newly established investment strategy unit, Bloomberg News reported. Prior to his appointment, Nagao worked in a strategic investment unit at Goldman Sachs Group Inc.

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