Singaporean TV giant Mediacorp is on the hunt for a new CEO with the incumbent, Shaun Seow, joining its parent.
Seow will join the telecom, media and technology team at Temasek, which houses Mediacorp, later this year.
He has been CEO since July 2011 after holding various positions witin Mediacorp’s TV, radio, print and digital businesses.
He has focused on growing the group’s digital capabilities, and steered the launch of OTT service Toggle, which last year branched out into original programming.
Seow will remain as CEO until September 30, assisting with the transition as a search for a successor is found.
Seow said: “It’s been an exhilarating ride and I’m grateful for all the opportunities given me, capped by the privilege of leading Mediacorp as its CEO.
“Having completed its move to Mediacorp Campus, its new home in Mediapolis, as well as a major business review this year, Mediacorp is about to write its next chapter. I know it’s in good hands under chairman Ernest Wong, someone I respect deeply.”
“Shaun is a bundle of energy and is completely dedicated to his work,” said Wong. “He has contributed much and provided yeoman service and commendable leadership during his many years with Mediacorp. During his term as CEO, he spearheaded our intense drive into digital media. He will be well remembered for the successful take-off of Toggle and for his other digital innovations and initiatives.
The news comes soon after Mediacorp hired Twitter exec Parminder Singh as chief digital officer.