Singapore – Singapore Airlines has named its current vice president of marketing, Goh Choon Phong, to be its new CEO, after the company’s current head Chew Choon Seng retires in December this year.
Mr. Phong has held the marketing portfolio since March this year and also serves as the chairman of SIA subsidiary SilkAir.
Choon Seng, who has served as CEO for seven years, touted Mr. Phong as a “worthy successor” and said the timing of his leave was appropriate given the need for `renewal’ after the adverse effect on the company in the financial crisis.
“I am confident that, with the support of all colleagues in SIA and the guidance of the directors, Choon Phong and the rest of the management team will uphold SIA’s core values, continue to build the business by working hard at satisfying customers and by rising to the challenges of the future, and keep SIA at the forefront of the airline industry,” said Choon Seng.
The airline’s net profit rebounded in the first quarter this year to SG$253 million (US$188 million), following last year’s SG$307 milllion loss in the same period last year.