[ A real loss. -- SD]

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From: https://tinyurl.com/yeyv24yk

Creative Technology founder and CEO Sim Wong Hoo dies

Kurt Ganapathy
05 Jan 2023 09:45AM (Updated: 05 Jan 2023 01:15PM)

SINGAPORE: The founder, chairman and CEO of Creative Technology Sim Wong
Hoo has died, the company announced on Thursday (Jan 5).

Mr Sim died on Wednesday at the age of 67.

"On behalf of all staff of the company, the board expresses its deepest
sorrow over the death of Mr Sim and conveys its condolences to his
family," the Creative board of directors said in a Singapore Exchange
filing.

"The board also expresses its heartfelt gratitude for the immense
contributions to the company by Mr Sim during his tenure as the chairman
and chief executive officer of the company."

The board said that Mr Sim died peacefully but did not provide further
information, although his death was described by the company's interim CEO
as a "sad and sudden development".

Creative, which is best known for its Sound Blaster sound cards, designs,
manufactures and distributes digital entertainment products worldwide.

Mr Sim founded Creative in 1981 and had been the company's chairman and
CEO since its inception, the board noted.

"Mr Sim has played an instrumental role in developing the business and has
provided the company with strong leadership and vision," it said.

"Under his guidance, the company became famous for the Sound Blaster sound
cards and is a worldwide leader in digital entertainment products.

"The company also launched the multimedia revolution that drives digital
entertainment with cutting-edge audio solutions which include premium
wireless speakers, wireless headphones, powerful audiophile-grade
amplifiers and digital audio converters, and next-generation home-theatre
systems."

Lead independent non-executive director Lee Kheng Nam has been appointed
by the board as acting chairman while independent non-executive director
Ng Kai Wa will serve as acting vice chairman.

The board also appointed the president of the Creative Labs Business Unit
Song Siow Hui as interim CEO.

"On behalf of all staff of the company, the board expresses its deepest
sorrow over the death of Mr Sim and conveys its condolences to his
family," the Creative board of directors said in a Singapore Exchange
filing.

"The board also expresses its heartfelt gratitude for the immense
contributions to the company by Mr Sim during his tenure as the chairman
and chief executive officer of the company."

The board said that Mr Sim died peacefully but did not provide further
information, although his death was described by the company's interim CEO
as a "sad and sudden development".

Creative, which is best known for its Sound Blaster sound cards, designs,
manufactures and distributes digital entertainment products worldwide.

Mr Sim founded Creative in 1981 and had been the company's chairman and
CEO since its inception, the board noted.

"Mr Sim has played an instrumental role in developing the business and has
provided the company with strong leadership and vision," it said.

"Under his guidance, the company became famous for the Sound Blaster sound
cards and is a worldwide leader in digital entertainment products.

"The company also launched the multimedia revolution that drives digital
entertainment with cutting-edge audio solutions which include premium
wireless speakers, wireless headphones, powerful audiophile-grade
amplifiers and digital audio converters, and next-generation home-theatre
systems."

Lead independent non-executive director Lee Kheng Nam has been appointed
by the board as acting chairman while independent non-executive director
Ng Kai Wa will serve as acting vice chairman.

The board also appointed the president of the Creative Labs Business Unit
Song Siow Hui as interim CEO.

"I have known and worked with Mr Sim for over 30 years. This is a sad and
sudden development and we feel a great loss especially since Mr Sim and I
recently had extensive discussions on the future direction of the company,
Mr Song said.

"During those discussions, Mr Sim was full of fresh vision. Even on the
night before, he had a long discussion with the engineering team and was
scheduled to meet with the online sales team the next day.

"The best thing to do now is to ensure the continued smooth running of the
company, and also to execute and realise the vision and strategy that Mr
Sim had for the company."
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-- Sean

... He who hesitates is last.
--- GoldED+/BSD 1.1.5-b20220504
* Origin: Outpost BBS * Johnson City, TN (618:618/1)