{
  "id": 12998274,
  "title": "Frasers Hospitality CEO to step down; COO to lead company and report to Frasers Property",
  "url": "https://urgent.news/2026/10/09/frasers-hospitality-ceo-to-step-down-coo-to-lead-company-and-report",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-09T01:26:32.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/frasers-hospitality-ceo-step-down-coo-lead-company-and-report-frasers-property"
  },
  "original_language": "en",
  "account": "Frasers Hospitality CEO Eu Chin Fen will resign as of January 1, 2027, according to Frasers Property. Chew Hang Song will take over as the new COO and report directly to Frasers Property's group CEO, Panote Sirivadhanabhakdi. This change occurs following the privatization of Frasers Hospitality Trust in 2025 and the successful completion of its portfolio optimization in September 2026. Eu has opted to pursue personal interests, with the hospitality platform now well-prepared for its next phase of growth. Frasers Property explains that this restructuring aims to sharpen the operational focus and bolster efforts to enhance the real estate portfolio's value. Chew will be responsible for global brand stewardship, expanding the portfolio through third-party management agreements, and overseeing operations at properties across the globe. Meanwhile, Frasers Hospitality's current CFO, Eric Gan, will lead hospitality investment and asset management under group investment, reporting to group COO Tony Lombardo. Gan's role will focus on investment strategies and asset portfolio management for both hospitality and the broader living sector. This move aligns with Frasers Property's asset-light strategy for the sector, aiming to link its real estate platform to institutional capital and foster dynamic capital partnerships. Frasers Property's group CEO attributes the transformation to Eu's instrumental role in building a resilient global brand, establishing trusted partnerships, and nurturing a strong hospitality executive team.",
  "summary": "This follows the privatisation of Frasers Hospitality Trust and the completion of its portfolio optimisation",
  "key_points": [
    "Eu Chin Fen steps down as Frasers Hospitality CEO on Jan 1, 2027",
    "Chew Hang Song becomes new COO, reporting to Frasers Property CEO",
    "Restructuring aims to enhance real estate portfolio value"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}