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Huawei sacks employee arrested over suspected spying; CBS appoints China head

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MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023

Huawei sacks employee arrested over suspected spying; CBS appoints China head

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

* Huawei Technologies Co. Ltd. said it had fired Wang Weijing, its employee suspected of spying for the Chinese government and who had been arrested in Poland, Bloomberg News reported, citing an emailed statement from Huawei. The company said the employee had brought them dishonor, and that "his alleged actions have no relation to the company."

* CBS Corp. appointed Lawrence Liding to a newly created position as head of company's China operations, effective Feb. 20. Liding will work closely with CBS President and acting CEO Joseph Ianniello, Chief Creative Officer David Nevins and Head of CBS global distribution, Armando Nuñez, to extend the CBS brands and grow the company's business in China.

Media industry moves

* Alex Parsons, former chief digital and marketing officer of Nine Entertainment Co., was appointed to lead Fairfax Media Ltd.'s events business ahead of an expected sale, The Australian Financial Review reports. Nine acquired the events business as part of its merger with Fairfax.

* Kakao M Corp. named former CJ ENM CO. Ltd. head Kim Sung-soo as its new CEO, Financial News reports.

* News Corp. subsidiary REA Group Ltd., a provider of advertising services to the real estate industry in Australia and Asia, named Owen Wilson as CEO. Wilson was recently CFO of REA Group.

* Yue Jianxiong, vice president at Phoenix New Media Ltd., resigned to join Baidu Inc.'s video streaming platform iQIYI Inc. as vice president, Sohu reports.

Communications industry moves

* Telstra Corp. Ltd. announced the resignation of director Jane Hemstritch from its board. Hemstritch, member of the remuneration committee and the nomination committee, is leaving to further develop philanthropic interests.

* StarHub Ltd. appointed Lionel Yeo Hung Tong as an independent nonexecutive director. Tong formerly served as CEO of the Singapore Tourism Board.

* SpeedCast International Ltd. tapped Sebastien Lehnherr to be COO of the company. Previously, Lehnherr oversaw cybersecurity for oilfield services company Schlumberger as chief information security officer.

* Vodafone Idea Ltd. appointed Krishnan Ramachandran as an additional director, qualifying as an independent director on the company's board for three years. The company said that the new director has "experience across wide range of assignments cutting across functions and industries."

* Singtel appointed Gail Kelly and Bradley Horowitz as the company's new board members. Kelly, who previously served as CEO of Westpac Banking Corp., will join the Singaporean telco's executive resource and compensation committee. Horowitz, vice president of product management at Google LLC, will join Singtel's finance and investment committee and technology advisory panel.

Technology industry moves

* Chow Tuck Mun was appointed as the head of Yoodo, the digital mobile service arm of Malaysian telco operator Celcom Axiata Berhad, according to The Edge Markets. Mun previously served in Celcom Axiata and its parent company Axiata Group Bhd.

* Hu Weiwei, CEO and co-founder of bike startup Beijing Mobike Technology Co. Ltd., resigned for "personal reasons," South China Morning Post reports.

* Albert Lucius, CEO and co-founder of Indonesia-based online-to-offline startup Kudo, left the company to join digital payment company OVO, DealStreetAsia reports.

* NAVER Corp. Chief Technology Officer Song Chang-hyun is leaving the company at the end of January 2019, and the position is likely to remain empty for a while, Dailian reports.

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