Creative Technology CEO Song Siow Hui Retires

Creative Technology CEO Siow Hui to Retire, Interim CEO Named

Retirement of CEO Siow Hui

Creative Technology chief executive Song Siow Hui, 70, is retiring from his role as of February 28, and the company is now on a "global search" for its next leader.

Interim CEO Appointed

The company named its executive chairman, Dr. Tan Jok Tin, 73, as interim CEO. Dr. Tan has a background in the global consumer electronics industry, with experience driving business transformation, operational efficiency, and market expansion.

Background and Expertise

Dr. Tan’s deep innovation and strategic leadership expertise will further accelerate Creative’s momentum in delivering high-quality, industry-leading audio solutions, according to the company.

Successor’s Perspective

Song Siow Hui said he is "grateful for the opportunity to have played the transitional role in the last two years" and expressed his confidence in the new management team, saying, "I’m looking forward to seeing the new management team take the reins to drive the company forward through transformative actions and fresh strategy."

Future Plans

Dr. Tan believes that Creative is entering a "new and exciting phase" and will retain its focus on "strengthening our market leadership in audio innovation" and enhancing profitability.

Stock Performance

Creative shares ended Friday at S$1.03, down 1 per cent.

Conclusion

Creative Technology is poised for a new chapter with the retirement of CEO Siow Hui and the appointment of interim CEO Dr. Tan Jok Tin. As the company searches for its next leader, it is clear that the focus will remain on innovation, strategy, and growth.

FAQs

Q: Why is Creative Technology’s CEO retiring?
A: Creative Technology CEO Song Siow Hui is retiring from his role as of February 28.

Q: Who will take over as interim CEO?
A: Dr. Tan Jok Tin, 73, has been appointed as interim CEO.

Q: What are the company’s future plans?
A: Creative will focus on strengthening its market leadership in audio innovation and enhancing profitability.

Q: How did the company perform on the stock market?
A: Creative shares ended Friday at S$1.03, down 1 per cent.