ST Engineering CEO steps down, replaced by Vincent Chong

Eleanor Steed
By Eleanor Steed September 16, 2016 10:30

ST Engineering CEO steps down, replaced by Vincent Chong

Singapore Technologies Engineering’s (ST Engineering) President & CEO Tan Pheng Hock will step down from his position and also relinquish his appointment as a Director of ST Engineering on September 30, 2016.  Tan’s intention to retire from his position was made known to the Board last September. Tan will become advisor to Vincent Chong, who will officially take over as President & CEO. Chong will also be appointed as a Director, effective 1 October 2016.

“Over the years, Pheng Hock has led ST Engineering to scale great heights – from a Singapore-centric company to become a leading integrated engineering group with global presence.  We thank him for his courage, patience and foresight in leading the Group,” said Chairman Mr Kwa Chong Seng.  “The Board is glad that he has agreed to take on this advisory role, so that we can continue to benefit from his wisdom and insights honed from his deep experience in the Group.”

Chong has been understudying Tan since last October and has taken on increasingly broader responsibilities in the Group as part of a smooth leadership transition plan.  Chong’s appointment was the result of a rigorous CEO search process by the Board to shortlist potential internal and external CEO candidates.  He joined the Group in April 2014, first as President of Strategic Plans & Business Development at ST Aerospace and later as the Group’s Deputy CEO (Corporate Development). Chong has 20 years of global business experience from his career at ExxonMobil where he spent more than half of that time located outside Singapore in Hong Kong, Japan, UK and the US. During that period, he held a wide span of positions from refinery process engineering, product marketing, industrial and retail operations to strategic planning.

Eleanor Steed
By Eleanor Steed September 16, 2016 10:30