SINGAPORE: The founder, chairman and CEO of Creative Technology Sim Wong Hoo has died, the company announced on Thursday (Jan 5).
Mr Sim died on Wednesday at the age of 67.
"On behalf of all staff of the company, the board expresses its deepest sorrow over the death of Mr Sim and conveys its condolences to his family," the Creative board of directors said in a Singapore Exchange filing.
"The board also expresses its heartfelt gratitude for the immense contributions to the company by Mr Sim during his tenure as the chairman and chief executive officer of the company."
Mr Sim founded Creative in 1981 and had been the company's chairman and CEO since its inception, the board noted.
"Mr Sim has played an instrumental role in developing the business and has provided the company with strong leadership and vision," it said.
"Under his guidance, the company became famous for the Sound Blaster sound cards and is a worldwide leader in digital entertainment products.
"The company also launched the multimedia revolution that drives digital entertainment with cutting-edge audio solutions which include premium wireless speakers, wireless headphones, powerful audiophile-grade amplifiers and digital audio converters, and next-generation home-theatre systems."
Lead independent non-executive director Lee Kheng Nam has been appointed by the board as acting chairman while independent non-executive director Ng Kai Wa will serve as acting vice chairman.
The board also appointed the president of the Creative Labs Business Unit Song Siow Hui as interim CEO.
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Mr Sim died on Wednesday at the age of 67.
"On behalf of all staff of the company, the board expresses its deepest sorrow over the death of Mr Sim and conveys its condolences to his family," the Creative board of directors said in a Singapore Exchange filing.
"The board also expresses its heartfelt gratitude for the immense contributions to the company by Mr Sim during his tenure as the chairman and chief executive officer of the company."
Mr Sim founded Creative in 1981 and had been the company's chairman and CEO since its inception, the board noted.
"Mr Sim has played an instrumental role in developing the business and has provided the company with strong leadership and vision," it said.
"Under his guidance, the company became famous for the Sound Blaster sound cards and is a worldwide leader in digital entertainment products.
"The company also launched the multimedia revolution that drives digital entertainment with cutting-edge audio solutions which include premium wireless speakers, wireless headphones, powerful audiophile-grade amplifiers and digital audio converters, and next-generation home-theatre systems."
Lead independent non-executive director Lee Kheng Nam has been appointed by the board as acting chairman while independent non-executive director Ng Kai Wa will serve as acting vice chairman.
The board also appointed the president of the Creative Labs Business Unit Song Siow Hui as interim CEO.
Continue reading...