Creative CEO Sim Steps Down Less Than Three Months After Appointment Due To Health Reasons

Edge

07-01

Freddy Sim, the younger brother of Creative Technologies’ late founder Sim Wong Hoo, has stepped down as CEO of the company less than three months after his appointment.

A bourse filing attributes this to health reasons.

The board has appointed Dr Tan Jok Tin as the interim CEO. Dr Tan had previously stepped down as interim CEO with the appointment of the younger Sim. He was interim CEO in February after previous CEO Song Siow Hui retired.

The younger Sim was appointed CEO on May 16. He had over 40 years of experience as an entrepreneur in the world of consumer electronics and technology.

Shares in Creative closed 4 cents lower or 4.734% down at 80.5 cents on June 30.

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Dr Tan had previously stepped down as interim CEO with the appointment of the younger Sim. He was interim CEO in February after previous CEO Song Siow Hui retired.</p><p style=\"text-align: start;\">The younger Sim was appointed CEO on May 16. 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