StarHub gets new chairman

Former StarHub chief executive Terry Clontz
Former StarHub chief executive Terry Clontz

Former StarHub chief executive Terry Clontz (right) will replace the telco's chairman Tan Guong Ching, who retires tomorrow.

Mr Tan, 68, also retires as a non-executive director. He was appointed to the board in 1998 and became non-executive chairman of StarHub in 2001.

Mr Tan said: "I am pleased to pass the baton over to Terry, whom my fellow board of directors and I have worked with for the past 14 years or so. "

Mr Clontz, 64, is currently a non-executive director on the board. He joined StarHub in 1999 as its first president and chief executive, before retiring from his executive roles in 2010. During his 11 years at the helm of StarHub, Mr Clontz helped the telco grow its subscriber base to overtake M1 as Singapore's second-largest telco in 2005, the same year that it became profitable. He also led StarHub through an acquisition of cable TV provider Singapore Cable Vision in 2002, and brought StarHub public in 2004.

"Mr Clontz is a well-regarded veteran in the telecommunications and media industry with 42 years of extensive experience," StarHub said in a statement to the Singapore Exchange.

He is also a senior corporate adviser to Temasek Holdings.

The announcement was made after the market closed.

StarHub shares closed two cents higher at $3.96 yesterday.

A version of this article appeared in the print edition of The Straits Times on July 14, 2015, with the headline 'StarHub gets new chairman'. Subscribe