Tom Group taps Tong as its topper

Exec replaced Wang Sing in media empire

Hong Kong media empire Tom Group has appointed Tommei Tong Mei-kuen as its chief exec, following the sudden resignation of Wang Sing.

Tong said she does not intend to change the direction of the group but aims to improve the share rating through better communication of the group’s media interests and strategy.

Tom is the stock market-listed media division of the telco, real estate and trading empire built by Li Ka-shing, Hong Kong’s richest man. Group controls mainland Chinese broadcaster CETV, while subsid Tom Online is one of China’s leading Internet players through its portal and is partnered with Warner Bros. in China.

In late 2004 Tom Group bought a 35% stake in Huayi Brothers, China’s leading private-sector film producer and distributor. Tom also runs publishing and outdoor advertising businesses in mainland China and Taiwan and a sports promotion biz.

Wang quit to concentrate on his own investment portfolio.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety