GSH Corp CEO Gilbert Ee to retire amid broader leadership renewal

[SINGAPORE] GSH Corporation announced a series of leadership changes on Monday (Apr 27) as part of its ongoing strategic renewal efforts.

Gilbert Ee, 61, will retire from his positions as CEO and executive director, effective from Oct 26. GSH noted in a bourse filing that Ee has decided to step down “to allow for a fresh leadership team to steer the group through its next phase of development”.

Ee was first appointed as a director at GSH in 2007. Following his retirement, he will no longer be part of the nominating committee.

The board of directors is currently identifying and evaluating suitable candidates for the CEO role, noted the company. The search is focused on finding a leader equipped to “strengthen the group’s core businesses and support its next phase of development”, added GSH.

In a related move, executive director Lim Hong Kian, 52, will relinquish his role, effective May 26.

The property developer added that these changes are part of a “planned and orderly leadership renewal process”, with no expected disruption to business activities.

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Sam Goi will continue to provide strategic guidance in his role as executive chairman. He will be supported by Goi Kok Ming, who continues as alternate director after his redesignation on May 4.

GSH closed 4.8 per cent or S$0.01 lower at S$0.20 cum dividend on Monday, before the announcement.