Change - Announcement of Cessation::Retirement of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
STARHUB LTD.
Securities
STARHUB LTD - SG1V12936232 - CC3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jul-2020 17:50:33
Status
New
Announcement Sub Title
Retirement of Chief Executive Officer
Announcement Reference
SG200727OTHRIF84
Submitted By (Co./ Ind. Name)
Veronica Lai
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Peter Kaliaropoulos is retiring and stepping down from his position as Chief Executive Officer with effect from 31 October 2020. Please refer to the Media Release as attached.

Additional Details

Name Of Person
Peter Kaliaropoulos
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2020
Detailed Reason (s) for cessation
Mr Peter Kaliaropoulos is retiring as Chief Executive Officer for personal reasons and to focus on his personal affairs in Sydney. Please refer to the Media Release as attached.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
09/07/2018
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Co-opted Member of the Strategy Committee
Co-opted Member of the Risk Committee
Role and responsibilities
Chief Executive Officer
Co-opted Member of the Strategy Committee
Co-opted Member of the Risk Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
a) 226,700 shares in StarHub Ltd

b) Conditional award of 824,000 shares granted pursuant to StarHub Performance Share Plan 2014, subject to certain conditions.

c) Conditional awards of 567,000 shares granted pursuant to StarHub Restricted Stock Plan 2014, subject to certain conditions.
Past (for the last 5 years)
Nil
Present
StarHub Cable Vision Ltd.
StarHub Mobile Pte Ltd
StarHub Online Pte Ltd
StarHub Shop Pte Ltd
StarHub (Hong Kong) Limited
StarHub, Inc.
StarHub (Mauritius) Ltd (In Members Voluntary Liquidation)
Malaren International Sdn. Bhd.
Nettilling Sdn. Bhd.
Taman Kenyir Holdings Sdn. Bhd.

Attachments

MediaRelease270720.pdf
Total size =133K