MediaCorp begins search for new CEO
Justin Drummond to take over from Jason Drummond as executive chairman, and will remain in temporary charge until his replacement as CEO is found.
Media Corporation has begun looking for a new chief executive after current incumbent Justin Drummond announced plans to take over as executive chairman.
He will replace Jason Drummond, who is set to step down from the board to focus on other business interests.
Justin Drummond (pictured) will remain in interim charge until his replacement is found, and said: “I would like to take this opportunity to thank Jason for all his work and contributions over the years to the Company and wish him every continued success in his other ventures.”
After announcing revenue growth of 46% in its results for the 2011 financial year, MediaCorp kicked off 2012 with the signature of an online joint venture with the Hippodrome Casino.