Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16, 2025, at the conclusion of its 126th Annual General Meeting.
He will be appointed as chairman emeritus, and will be succeeded by Koh Poh Tiong, who has been serving as a non-independent and non-executive director and as adviser to the board since Apr 3, 2013.
Non-independent and non-executive director to the board Thapana Sirivadhanabhakdi will be appointed as vice-chairman of the board.
In addition, Charles Mak Ming Ying, independent and non-executive director to the board, will retire from office.
Shares in F&N closed S$0.01 or 0.8 per cent higher at S$1.35 on Monday
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