Spackman founder Charles Spackman steps down in board restructuring
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CATALIST-LISTED Spackman Entertainment Group on Tuesday said its founder Charles Spackman, 45, has stepped down as executive chairman and chief executive officer of the company, effective Dec 19, 2017. This comes as the South Korean entertainment production group seeks to restructure its board to better prepare the company for a new phase of growth.
Having attained operational stability, the group believes that it is the "ideal time for it to transition from a 'founder-centric' management structure, to an objective management structure led by professional managers with distinct roles and responsibilities", Spackman said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report