Mediacorp CEO Shaun Seow steps down; search for successor commences

SINGAPORE — Mediacorp's chief executive officer Shaun Seow will be leaving the company later this year to assume a role at its parent, Temasek, the media company announced on Friday (April 28).

The board of Mediacorp will begin a search for a successor to Mr Seow, who will continue with his duties as CEO and assist in the transition till Sept 30. He will assume a role in Temasek’s Telecom, Media and Technology investment team, which includes Mediacorp in its portfolio.

Mr 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 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.

“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," said Mr Seow.

"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 Wong thanked Mr Seow for his contributions, and said: "I have no doubt we will continue to draw on his deep domain knowledge in the Media and Entertainment business hereafter. I wish him well in his new undertaking at Temasek.”