Breaking | SCMP Group CEO Robin Hu to step down
Robin Hu will join Singapore’s state-owned company Temasek International at end of year
The South China Morning Post’s chief executive officer, Robin Hu, is stepping down from his post to join Temasek International, part of Singapore’s state-owned company Temasek Holdings in December.
Hu, who is departing eight months after steering the Post’s transfer of ownership to the Alibaba Group, will serve as a director of the SCMP board.
Alibaba, the world’s largest e-commerce company, bought the newspaper from the Kuok Group in April.
The Post’s chairman, Joe Tsai, who invited Hu to sit on the board, thanked him for his leadership over the past four years, crediting him with being “instrumental in driving the digital transformation of the SCMP”.
The pair worked closely over the past months as Alibaba assumed “ownership of a prized heritage”, said Tsai, who is also Alibaba executive vice-chairman.