Hang Lung Group and Properties appoint new CEO
Hang Lung Group and Hang Lung Properties listed under SEHK stock codes 00010 and 00101 jointly announced the appointment of a new Chief Executive Officer for the property group
Hang Lung Group and Hang Lung Properties announced they have appointed Leo Tsoi as their new Chief Executive Officer and Executive Director, starting October 1, 2026. Tsoi, 56, replaces Weber Lo, who will stay on until September 30, 2026. Tsoi will take on the CEO role on September 7, 2026, before officially starting as CEO on October 1.
With over three decades of experience in retail and business management across Asia, Tsoi has led transformation and innovation at major companies like Toys R Us Asia, Starbucks China, PepsiCo, and Procter & Gamble. At Toys R Us Asia, he transformed the business using a light-asset model and boosted the brand's appeal. At Starbucks China, he drove expansion and innovation over a decade.
Tsoi expressed excitement about joining Hang Lung, a company with a strong impact and commitment to excellence. Adriel Chan, Chair of Hang Lung, welcomed Tsoi and praised his track record in driving growth. Weber Lo, the outgoing CEO, will serve as an Advisor for a year starting October 1, 2026.
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