People on the Move

PUBLISHED : Tuesday, 10 August, 2004, 12:00am
UPDATED : Tuesday, 10 August, 2004, 12:00am


The chief financial officer has resigned and the company's chief executive has extended his medical leave, amid continued financial woes at the internet portal, according to Reuters.

Daniel Widdicombe has resigned as chief financial officer. Recently hired senior vice-president of finance and administration Keith Oliver will assume the role of chief financial officer, effective from August 15.

The company's board has also extended chief executive Peter Yip's leave of absence, for medical reasons, which was announced in May.

In the meantime, chairman Raymond Chien Kuo-fung is acting chief executive.

Chinadotcom said Rudy Chan had resumed the position of chief executive of its internet media unit,, following the resignation of John Xiao, who had relocated to the United States.

The company has also begun a search for a senior manager to lead the integration of several North American acquisitions. Chinadotcom is in the process of acquiring software maker Ross Systems.


Online trading securities company Stockmartnet may need a new chief executive after Eddy Chick Siu-yee steps down on January 5 next year.

The company's board has passed a resolution accepting Mr Chick's resignation as chief executive, compliance officer and director of the company's subsidiaries. The company has not yet decided whether to replace Mr Chick after he leaves.

Chief financial officer So Kin-wing will take over the day-to-day operations if a new chief executive is not hired by then.

china eagle group

China Eagle Group, the parent of consumer electronics retailer Gome Appliance, has appointed Zhang Zhiming as an executive director.

Mr Zhang, 34, is the executive vice-president of Gome, one of the largest retailers of consumer electronics on the mainland.

He has more than 10 years' experience in the retail industry.

Mr Zhang is a committee member of the PRC Political Consultive Conference (Beijing Committee) and an executive committee member of the PRC Industry and Commerce Association. He is also the brother-in-law of Wong Kwong-yu, China Eagle's chairman.

The director's emolument is $600,000 per year.


The company has announced several new appointments to its Asia-Pacific research team.

Warren Lay joins the company from Bear Stearns and will cover the semiconductor industry in Greater China.

Before joining Bear Stearns, Mr Lay spent three years at HSBC Securities and three years in Singapore as a project engineer with Tech Semiconductor, a joint venture between Micron, Hewlett-Packard, Canon and EDB.

Ramiz Chelat will relocate to Hong Kong from Sydney and will cover Hong Kong and Nasdaq-listed media and internet stocks.

Mr Ramiz spent the past four years as a research analyst for Macquarie in Sydney.

Richard Moe joined Macquarie in May and will cover the telecommunications sector in Thailand. He has spent five years at UBS Securities and five years at SG Securities covering the sector.


Eileen O'Connell has been appointed Asia-Pacific managing director at MCI Conferencing & Global Accounts.

Ms O'Connell will be responsible for the development and direction of the company's conferencing and global accounts business units throughout the region, including offices in Hong Kong, Australia, Singapore and Japan. Her previous position was regional director for MCI Conferencing EMEA.

She successfully took the conferencing business in Europe to new heights, with revenue more than doubling under her leadership.

She has spent more than six years working within the MCI core businesses and was a sales director in the global accounts organisation before joining the conferencing team.

During her time within the MCI core business, Ms O'Connell was instrumental in building the global accounts business in Europe, and was engaged in securing significant international opportunities with some of MCI's largest accounts.

PCC Skyhorse

Winnie Yu has resigned as chief executive of PCC Skyhorse, the internet content provider of fixed-line carrier PCCW.

Rita Hsu, managing director of the company's consumer group, will take on her duties.

Ms Yu will leave PCC Skyhorse to become deputy chairwoman at Commercial Radio. She had resigned her post as chief executive at the station to join the PCCW unit in April last year, though she remained as a director.

PCCW deputy chairman Jack So said: 'We respect her decision and wish to express our gratitude to her for the contribution she has made during her tenure at PCC Skyhorse.'