Frasers Hospitality CEO to step down; COO to lead company and report to Frasers Property
This follows the privatisation of Frasers Hospitality Trust and completion of its portfolio optimisation.
Frasers Hospitality CEO Eu Chin Fen will resign as of January 1, 2027, the company announced on October 9. Her successor, COO Chew Hang Song, will assume the top role at Frasers Hospitality and report to Frasers Property's group CEO, Panote Sirivadhanabhakdi. This change follows the privatization of Frasers Hospitality Trust in 2025 and the completion of portfolio optimization in September 2026.
Eu, 55, intends to focus on personal interests, citing the company's readiness for its next phase of growth. Frasers Property explained that the leadership structure will be reorganized to concentrate on group resources, aligning with the strategy to enhance real estate portfolio value. As part of this restructuring, Chew will oversee global brand stewardship and portfolio expansion through third-party management agreements, while also managing operations at the company's properties worldwide.
Eric Gan, the current CFO, will lead hospitality investment and asset management under group investment, reporting to group COO Tony Lombardo. He will focus on investment strategies and asset portfolio management in the hospitality and broader living sector. Sirivadhanabhakdi emphasized that the move positions Frasers Hospitality to leverage institutional capital more dynamically, connecting its real estate platform to the broader capital partnerships sector.
The hospitality executive team has been nurtured and supported by Eu, who joined the group in 2011 and played a pivotal role in the $2.1 billion portfolio optimization. The company's stock closed at $0.955 on October 8, down S$0.01 or 1%.
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