Terry Clontz to succeed Tan Guong Ching as StarHub Chairman
Singapore, 13 July 2015 - StarHub Ltd today announced the retirement of Mr Tan Guong Ching as its Chairman and Non-Executive Director. Mr Tan will be succeeded by Mr Terry Clontz who is currently a Non-Executive Director on the StarHub Board. Mr Clontz will take on the Chairman and Non-Executive Director role from 15 July 2015.
Retirement of Mr Tan Guong Ching
Mr Tan, 68, was first appointed to the Board on 8 August 1998 and became the non-executive Chairman of StarHub on 1 April 2001. He oversaw the successful leadership successions at the StarHub CEO level from Mr Clontz to Mr Neil Montefiore, and eventually to current StarHub CEO Mr Tan Tong Hai. Mr Tan also steered StarHub through the successful company merger with the then-Singapore Cable Vision in 2002, listing on the Mainboard of the Singapore Stock Exchange in 2004, and returning more than $1 billion cash to shareholders through two capital reduction exercises in 2006 and 2007, and putting in place the S$1 billion Multicurrency Medium Term Note Programme in 2011. During his chairmanship, StarHub clinched the Silver Award for Best Managed Board at the Singapore Corporate Awards 2015.
Mr Tan said, It has been an honour to serve as Chairman of StarHub for the past 14 years. I have seen StarHub grow its revenue from $778 million in 2001 to $2.4 billion in 2014. When we went IPO, we were only a 95 cents stock. Today, our share price has appreciated by more than four times, and since listing in 2004, we have returned more than five times of shareholder values to our shareholders. I am extremely proud of the fact that StarHub is ranked 24th in the Corporate Knights' Global 100 list of the world's most sustainable companies. And we are the only telco and one of the four companies in Singapore to be included.
Mr Tan further added, I am pleased to pass the baton over to Terry whom my fellow Board of Directors and I have worked with for the past 14 years or so. He is a familiar face not only to the Board, but also to our shareholders, employees and customers. I am assured that I am passing the chairmanship to a safe and trusted pair of hands to bring StarHub into its next stage of growth.
Appointment of Mr Terry Clontz
Mr Clontz, 64, is the Senior Executive Vice President of North America and Europe Operations at Singapore Technologies Telemedia Pte Ltd and a Senior Corporate Advisor to the Temasek Holdings International group. His other appointments include Director of Jasper, Inc, Level 3 Communications, Inc and Virgin Mobile Latin America, Inc in USA as well as PSA International Pte Ltd, Singapore. He is also Chairman of the Executive Committee for UMobile in Malaysia and Vice Chairman of the Executive Committee of GDS in China.
Mr Clontz joined StarHub in January 1999 as its first President and CEO. Following his retirement as StarHub CEO in January 2010, he continued to serve as a Non-Executive Director and Member of the Company's Strategy Committee.
Mr Clontz is a well-regarded veteran in the telecommunications and media industry with 42 years of extensive experience. During his 11 years at the helm of StarHub, he has led the company in a number of major milestones including the transformation of StarHub from being Singapore's third mobile player in 2000 to a fully-integrated quad-play service provider; merging StarHub with Singapore Cable Vision in 2002; bringing StarHub public in 2004 on the main board of the Singapore Exchange; and advancing StarHub's market position to become Singapore's second largest mobile operator in 2005, the same year that it became profitable.
During my time as CEO, I was fortunate to have Guong Chings seasoned counsel and guidance. In Guong Chings 14 years of service as Chairman, StarHubs total return to shareholders, on a compounded annual growth rate basis, was 18 percent. The Board thanks him for his service, and I congratulate him on his retirement. I am honoured to be elected as the new Chairman of StarHub, and I look forward to working with my fellow directors and the management team, stated Mr Clontz.
Most recent headlines
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
04/09/2025
Monumental Sports & Entertainment (MSE), in collaboration with Dalet, has been a...
30/08/2025
WASHINGTON The Federal Communications Commission has adopted its FY 2025 Regulatory Fees Order that establishes the regulatory fee rates for the broadcast stati...
29/08/2025
Australian Red Cross and SBS launch training to help workplaces in the fight aga...
29/08/2025
The National Film and Video Foundation (NFVF), an agency of the Department of Sp...
29/08/2025
L3Harris Technologies has concentrated decades of expertise across the entire enterprise to develop affordable and reliable best-of-breed solutions to rapidly c...
29/08/2025
BURBANK, Calif. The CW Network and the Pac-12 Conference have announced a new media rights deal that will extend their broadcast partnership beginning with the ...
29/08/2025
NEW YORK Gracenote has released a new analysis of its global video dataset showing that the number of FAST channels grew nearly 14% from Q1 2025 and 76% since 2...
29/08/2025
SAN JOSE, Calif. Harmonic has announced a series of improvements to its live sports streaming solution that the company said will improve fan engagement, protec...
29/08/2025
NEW YORK and LOS ANGELES Fox Corp. and YouTube TV last night announced a renewal of the full portfolio of Fox networks, including Fox News Channel, Fox Business...
29/08/2025
Budapest, Hungary, August 2025 - The integration of Microsoft Teams Rooms (MTR) with Lightware's Taurus universal matrix switchers delivers a new level of f...
29/08/2025
Frequency, the engine behind many of the world's best-known streaming television channels, today announced it will launch Studio Live, a next-generation uni...
29/08/2025
In an era when AI and cyber resilience are essential, Scality will mark the 10th anniversary of Scality Day on October 16, 2025 in Paris. This flagship global e...
29/08/2025
Disguise's In-House Creative and Technical Teams Pre-Visualised, Programmed and Delivered Content for the Experience, All Powered by EX 3+
Technology solu...
29/08/2025
Disguise will be demonstrating the latest workflows for TV, film and live events on a number of partner booths at the show
Disguise, the industry-leading tech...
29/08/2025
STOCKHOLM, Sweden Accedo will showcase Accedo Compose, its AI agent-powered modular orchestration layer that assists streaming providers in transitioning client...
29/08/2025
LOS ANGELES Cineverse has announced that it is working with Xperi to bring four of its streaming channels to automobiles for the first time as part of the DTS A...
29/08/2025
DALLAS & ATLANTA Gray Media has announced an agreement with the sports streaming service Victory+ to simulcast 17 Dallas Stars NHL games in 15 television market...
29/08/2025
NEW YORK AND CULVER CITY Comcast NBCUniversal and Amazon have announced new and extended distribution agreements that will expand the content available on their...
29/08/2025
FOOTHILL RANCH, Calif. RED Digital Cinema will feature its Cine-Broadcast Module supporting live broadcast workflows during IBC2025, Sept. 12-15, at the RAI Ams...
29/08/2025
29 Aug 2025
Kyivstar Rings Opening Bell at Nasdaq Marking Landmark Listing and ...
29/08/2025
More than half of all NFL games live on Sky for the first timeFriday 29 August 2025
Sky Sports has announced a new three-year deal with the NFL, extending its ...
29/08/2025
Back to All News
RIV4LRIES: The Trailer of the New Series With Samuele Carrino ...
29/08/2025
Get ready for an inspiring and emotional insight into the world of competitive Irish dancing with My Story: Tomi Champion of the World airing on RT 2 this monda...
29/08/2025
RT has today announced that David McCullagh is to be the new presenter of RT Radio 1's flagship Today programme, which airs every weekday at 10am, replaci...
28/08/2025
By Kristin Feeley, Director, Documentary Film & Artist Programs
If you want to tell untold stories, if you want to give voice to the voiceless, you've got ...
28/08/2025
Directed by Steven Bognar and Julia Reichert, Sundance Institute-supported Amer...
28/08/2025
Corridos have been a cornerstone of M sica Mexicana for generations, telling stories rooted in everyday life. Now, a new chapter is taking shape: motivational c...
28/08/2025
Los corridos han sido un pilar de la M sica Mexicana durante generaciones, contando historias enraizadas en la vida cotidiana. Ahora, un nuevo cap tulo est tom...
28/08/2025
Earlier this month, we promised our Verano Forever party would bring the heat, a...
28/08/2025
L3Harris will provide the Polish F-16V fleet with the Viper Shield electronic warfare system as part of an upgrade program....
28/08/2025
Bilbao, August 26, 2025 - AgileTV, an international television and video technol...
28/08/2025
Ken Wilkinson is an Emmy Awards nominated New York audio engineer who specialises in production sound mixing for film, commercial, episodic and documentary work...
28/08/2025
NEW YORK FuboTV today announced that it will launch Fubo Sports, a skinny bundle that focuses on sports with a subscription price of $56 monthly....
28/08/2025
NEVADA City, Calif. At IBC2025, Sept. 12-15 at the RAI Amsterdam, Telestream will debut its new Global Ingest strategy, introducing a next-generation ingest arc...
28/08/2025
Dr. Rhoda Bernard Releases Groundbreaking Debut Book on Accessible Arts Educatio...
28/08/2025
TAG Video Systems, the leader in software-based IP end-to-end workflow monitoring, deep probing, and real-time visualization, has named Oliver Gappa as Sales Di...
28/08/2025
AI-based voice enhancement will be among a series of innovations making their IBC 2025 debut on the DHD stand B46 in Hall 8 at the RAI Amsterdam Convention Cent...
28/08/2025
Telef nica Servicios Audiovisuales (TSA), the leading system integrator and service provider in the media sector in Spain, with the support of Appear, the globa...
28/08/2025
To fully immerse sailing fans in the world's biggest offshore yacht race, production company, Optical Media turned to LiveU's On-site Production solutio...
28/08/2025
Working with Calrec on its most recent overhaul, radio and television broadcaster, WNED has migrated to a fully IP infrastructure with multiple Type R consoles,...
28/08/2025
Cleeng, the Subscriber Retention Management (SRM ) inventor, has unveiled Cleeng Pro, the first-ever direct-to-consumer (D2C) subscription management platform t...
28/08/2025
Zixi, the industry leader in live broadcast-quality video over IP, today announced that French media distribution platform OKAST has selected Zixi to enable rel...
28/08/2025
Solution offers a streamlined, speaker-free architecture to optimize integration with premium external loudspeakers and advanced loudness metering
Nixer Pro Au...
28/08/2025
Cinegy, the premier provider of software-defined television technology, has announced a strategic partnership with Vision One Touch Film Production Services L.L...
28/08/2025
Telestream, a global leader in media workflow technologies, will debut its new Global Ingest strategy at IBC2025, introducing a next-generation ingest architect...
28/08/2025
Tier 1 operator selects Broadpeak to power high-performance, unified CDN solution across Norway, Sweden and Finland
Broadpeak, a leader in streaming and moneti...
28/08/2025
Leading video software provider, Synamedia, today announced that 24 Frames Digital, one of India's leading live event streaming service providers, has chose...
28/08/2025
Meet VisualOn at IBC2025: See What's Next in AI-Powered Video Streaming Join VisualOn at IBC2025 and discover how our AI-driven Optimizer and advanced media...
Terry Clontz to succeed Tan Guong Ching as StarHub Chairman
