May 19, 2020

'Time Out Australia' names sole CEO

Australia
CEO
new zealand
urban publisher
Bizclik Editor
2 min
'Time Out Australia' names sole CEO

Co-founder and, up until now, co-CEO of Time Out Australia, Michael Rodrigues will become sole CEO this month after a successful business year in 2013.Co-founder Justin Etheridge has moved from his position as joint CEO to deputy managing director with the company’s main shareholder, The Intermedia Group, although he will continue his involvement at Time Out Australia as executive director.

The news of other new appointments followed, including new account manager for Time Out’s travel offering Justin Steinlauf, a previous travel specialist at TNT Magazine; new event coordinator Linn Johannson, who has a background focused on the liquor and hospitality services; and new brand manager Elisa Bucholtz.

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After the announcement, Rodrigues commented on the importance of the success from the past year: “2013 was a defining year for us as we executed our full product range in Sydney and Melbourne markets, including our Bar and Food Awards series. With continued growth projected throughout 2014, my main focus will be on the diversification of our business in the market, developing new revenue streams through content creation and licensing, and launching some exciting new initiatives that we’ll be announcing in the coming months.”

The press release made it clear that Rodrigues was active in “commercialising the brand’s AB audience through cross-platform sales and establishing Time Out as Australia’s leading urban publisher.” His upcoming plans include expanding the brand into more of Australia and New Zealand, and diversifying the company’ revenue streams.

Time Out, originally an English company, launched in Australia in September 2007 and has grown rapidly since.

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Jun 7, 2021

Business Chief Legend: Ho Ching, CEO of Temasek

hoching
legend
singapore
Temasek
3 min
Singaporean Ho Ching created the largest listed defence engineering company in Asia, before leading Singapore’s sovereign wealth fund to global success

Ask Singaporeans who Ho Ching is, and the majority will answer the ‘wife of Prime Minister Lee Hsien Loong’. And that’s certainly true. However, she’s also the CEO of Temasek Holdings, Singapore’s sovereign wealth fund, and one of the world’s largest investment companies.

Well, she is until October 1, 2021, as she recently announced she would be retiring following 16 years as CEO of the investment giant.

Since taking the reins in 2004, two years after joining Temasek as Executive Director, Ho has gradually transformed what was an investment firm wholly owned by Singapore’s Government into an active investor worldwide, splashing out on sectors like life sciences and tech, expanding its physical footprint with 11 offices worldwide (from London to Mumbai to San Francisco) and delivering growth of US$120 billion between 2010-2020.

Described by Temasek chairman Lim Boon Heng as having taken “bold steps to open new pathways in finding the character of the organisations”, Ho is credited with building Temasek’s international portfolio, with China recently surpassing Singapore for the first time.

As global a footprint as Ho may have however, she has her feet firmly planted on Singapore soil and is committed to this tiny city-state where she was not only educated (excluding a year at Stanford) but has remained throughout her long and illustrious career – first as an engineer at the Ministry of Defence in 1976, where she met her husband, and most notably as CEO of Singapore Technologies, where she spent a decade, and where she is credited with repositioning and growing the group into the largest listed defence engineering company in Asia.

It’s little wonder Ho has featured on Forbes’ annual World’s Most Powerful Women list for the past 16 years, in 2007 as the third most powerful woman in business outside the US, and in 2020 at #30 worldwide.

But it’s not all business. Ho has a strong track record in Singapore public service, serving as chairman of the Singapore Institute of Standards and Industrial Research and as deputy chairman of the Economic Development Board; and is a committed philanthropist with a focus on learning difficulties and healthcare.

As the pandemic kicked off, she not only led active investments in technology and life sciences, with German COVID-19 vaccine developer BioNTech among the most recent additions to Temasek’s portfolio, but through the Temasek Foundation – the firm’s philanthropic arm which supports vulnerable groups close to Ho’s heart, handed out hand sanitiser and face masks.

So, you would be forgiven for thinking that at age 68, Ho might simply relax. But in March 2021, just as she announced her retirement from Temasek, Ho joined the Board of Directors of Wellcome Leap, a US-based non-profit organisation that’s dedicated to accelerating innovations in global health. Not ready to put her firmly grounded feet up yet it seems.

 

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