Published
Land-BasedIndustry

SJM Holdings announce several board changes

SJM Holdings Limited, the Macau headquartered hotel and casino operator, has announced several board changes following it Annual General Meeting on 12 June.

sjmholdings (1)

The changes see 96 year old Stanley Ho, the man often credited with the Macau’s gambling success, finally step down as the company confirmed his departure as Chairman and Executive Director.

SJM Holdings had announced in April that this would be the case, with him now taking up his role as Chairman Emeritus.

Commenting on Ho’s legacy the SJM Board in their announcement stated: “Dr. Ho has justifiably been acknowledged as the founding father of Macau’s gaming industry, which has for some time been the largest in the world in terms of revenue. Under Dr. Ho’s visionary leadership, the Group achieved significant growth in the past decade.

“The Board expresses its sincere gratitude to Dr. Ho for his invaluable contributions in building a solid foundation for the Company’s continuing growth in the future”.

The announcement also detailed that Stanley Ho’s daughter, Daisy Ho Chiu Fung, has been appointed to succeed Stanley Ho as Chairman in addition to her existing position of Executive Director of the company, having been elected to the role in June 2017

Several Executive Directors have also been promoted as Co-Chairman. They include Timothy Fok Tsun Ting and Angela Deputada Leong On Kei.

So Shu Fai has been also appointed to the role of Vice-Chairman, in addition to his current role as Executive Director and CEO of SJM Holdings.

In case this board shuffle is too much to comprehend or confusing, the company did also release an updated list of “Directors and their Role and Function”.


Asia News Sponsor
Premium+ Connections
 
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

1xBet Partners

 
Premium

Lynon

 
Premium

RISK

 
Premium

GammaStack

 
Premium

Galaxsys

 
Premium

Sport Generate

 
Premium

Imagine Live

 
Premium

Revsharks

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...