For Immediate Release
Mediacorp CEO Shaun Seow steps down; search for successor begins
Singapore, 28 April 2017 – Mediacorp today announced that its CEO Shaun Seow will be leaving the company to join its parent, Temasek. The board of Mediacorp will commence a search for Mr Seow’s successor. Mr Seow will continue with his duties as CEO and assist in the transition till 30 September 2017.
Shaun Seow was appointed to his current role in July 2011 after holding various leadership roles across the company’s TV, radio, print and digital businesses. He was part of the core team that started Channel NewsAsia in 1999. As CEO, Mr Seow has reshaped Mediacorp in the face of audiences and advertising dollars shifting to digital platforms. He steered the launch and growth of Toggle and Mediacorp’s digital-first news, focusing on user experience and leveraging social media to drive engagement. Under his leadership, the company’s Digital Group was started to accelerate audience growth and monetisation. A consumer insights and analytics unit was also established to drive data-based decisions in product development and revenue generation. Beyond Singapore, Mediacorp has invested in a digital publisher in Indonesia, where digital adoption is taking off exponentially.
Mr 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. I’ll miss my talented colleagues, to whom I owe a debt of gratitude for their steadfast commitment to our work. Still, I’ll never be too far away in my new role at Temasek. I, too, will be writing my next chapter, and I’m looking forward to it.”
Mr Seow will be joining Temasek’s Telecom, Media & Technology investment team, which includes Mediacorp in its portfolio.
Thanking Mr Seow, Chairman Ernest Wong said, “Shaun is a bundle of energy and is completely dedicated to his work. 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. I have no doubt we will continue to draw on his deep domain knowledge in the Media & Entertainment business hereafter. I wish him well in his new undertaking at Temasek.”
Mediacorp has the widest range of media platforms in Singapore spanning digital, television, radio, print and out-of-home media. Its mission is to engage, entertain and enrich audiences by harnessing the power of creativity.
Mediacorp pioneered the development of Singapore’s broadcasting industry, with the radio broadcast in 1936 and television broadcast in 1963. Today, the company has over 50 products and brands in four languages (English, Mandarin, Malay and Tamil), reaching out to virtually all adults in Singapore weekly.
Mediacorp is an active regional player through Channel NewsAsia International, drama co-productions and collaborations in magazine publishing and online media. Its investments include majority share in Kapanlagi Network, Indonesia’s largest independent digital media and in Malaysia’s digital games publisher Cubinet Interactive. It also has stakes in Reebonz, one of the region’s fastest growing luxury online retailers, and Vietnam television’s International Media Corporation.
Mediacorp was named Terrestrial Broadcaster of the Year for the 13th time at the Asian Television Awards in 2016.
For more information, please visit mediacorp.sg.
Head, Brand and Communications, Mediacorp