SATS Appoints Former GXO Logistics CEO Malcolm Wilson as Non-Executive Director-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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SATS Appoints Former GXO Logistics CEO Malcolm Wilson as Non-Executive Director

TigerNews SG01-15 11:19

SATS has announced a change to its board composition, appointing Malcolm Wilson as an independent non-executive director, effective January 15.

Wilson currently serves as an executive board member of Dawson Group, a portfolio company of KKR & Co. Before his tenure at KKR, he held the position of CEO at GXO Logistics Inc and has extensive experience in senior leadership roles within the global logistics and supply chain sector.

"His profound logistics background and particular expertise in the European and U.S. markets will bring significant added value and synergy to the board, enhancing its existing competencies and skills," stated SATS in the announcement.

Effective January 15, the SATS board of directors includes the following members: Irving Tan; Kerry Mok; Vinita Bali; Chan Lai Fung; Eng Aik Meng; Mak Swee Wah; Deborah Ong; Pier Sigismondi; and Malcolm Wilson.

Wilson will also join the remuneration and human resource committee, as well as the safety and sustainability risk committee.

SATS shares closed up 4 cents, or 1.05%, at $3.85 on January 14.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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