Quoteworthy – Temasek Holdings

Picture via Straits Times.com
Picture via Straits Times.com

“Four months into the leadership transition, the Temasek Board and Mr Goodyear have concluded and accepted that there are differences regarding certain strategic issues that could not be resolved. In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship with effect from 15 August 2009.”

Temasek Holdings’ press release, 21 July 2009

Source: Temasek Holdings and Charles W. Goodyear mutually agree not to proceed with CEO appointment (Temsek Holdings, 21 July 2009)

What a quick u-turn! Charles ‘Chip’ Goodyear did not even managed to last a year! Welcome back Mdm Ho Ching. 🙂

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