Serious Why PAP keep appointing Angmos to be CEO of GLCs, sinkies not good enough?

[Papsmearer]

[h=1]SingPost names Paul Coutts as Group CEO[/h]

Mr Paul William Coutts. (Photo: SingPost)

SINGAPORE: SingPost has appointed Paul William Coutts to the position of Group Chief Executive Officer and non-independent director effective Jun 1, 2017, ending a year-long search for a new CEO.
The post has been vacant since Dr Wolfgang Baier resigned a year ago.
The appointment has received all required regulatory approvals, SingPost said.

Mr Coutts, 60, joins SingPost from Toll Global Forwarding, one of the five divisions in the Toll Group, where he was CEO since February 2013 in a global role based in Singapore. He has more than 20 years of experience in C-suite positions at major global logistics and postal companies, SingPost said.
Mr Simon Israel, chairman of SingPost said of Mr Coutts: "Given his seniority and the experience he brings from an extensive logistics and postal career including global leadership roles, Paul is well positioned to provide overall leadership to the transformation of the Group, integrate SingPost's eCommerce logistics platforms and build out a globally competitive business.”
Mr Israel has acknowledged that SingPost's reputation and share price have suffered from a very public crisis surrounding its board governance. In the past year, chairman Lim Ho Kee and director Keith Tay exited the company, as well as deputy chairman Goh Yeow Tin. Professor Low Teck Seng, who was to take over from Mr Lim, also turned down the appointment as chairman-designate.
The Accounting and Corporate Regulatory Authority also launched a probe into SingPost over possible breaches of the Companies Act. The company has since adopted recommendations for management succession, conflicts of interest and disclosures, and processes for mergers and acquisitions (M&A) and market disclosures after a corporate governance review.

 

[po2wq]

Why PAP keep appointing Angmos to be CEO of GLCs, sinkies not good enough? ...

ya, man! ...

got so many big deal skolars cannot find any1 gud enuff meh? ...

can haf studens lumpar 1 in maths n science ... can haf lumpar 1 n 2 universities ... but cannot find gud enuff big deal skolars 2 run own coys? ...

 

[johnny333]

They probably use an angmo as a front because they have more credibility than a mindef scholar..

These angmos will eventually leave because there are too many problem with the system.

 

[wikiphile]

They probably use an angmo as a front because they have more credibility than a mindef scholar..

These angmos will eventually leave because there are too many problem with the system.

with a very generous payout package to boot

 

[yangtzejiang]

ya, man! ...

got so many big deal skolars cannot find any1 gud enuff meh? ...

can haf studens lumpar 1 in maths n science ... can haf lumpar 1 n 2 universities ... but cannot find gud enuff big deal skolars 2 run own coys? ...

none of the scholars have relevant real world experience of running a postal service. look at the fiasco of appointing a marketing person to head the national rail company. whichever idiot approved her appointment should be thrown out of a helicopter.

have there been scholars who made a successful transition from ivory tower to the real business world? or put it another way, are there any successful business people who were formerly scholars?

 

[eatshitndie]

it's like preparing standing ribeye roast with bone-in for christmas. must feed the hype, promote the look, push the taste, propagandize the final package. then feast on the beef and chew the bone when a scrapgoat is needed and bogeyman required for the fiery sacrifice. imported international mercenary amdk is best for the quickie golden parachute.

tried and proven modus operandi on sacrificial appointment sinkies also want to kpkb.

 

[Satyr]

none of the scholars have relevant real world experience of running a postal service. look at the fiasco of appointing a marketing person to head the national rail company. whichever idiot approved her appointment should be thrown out of a helicopter.

have there been scholars who made a successful transition from ivory tower to the real business world? or put it another way, are there any successful business people who were formerly scholars?

Think about this. You are chosen at a young age for "stardom". Ordinary mortals in the organization make way for you. Yes, you have to battle other "stars" for leading roles, but there are really no shortage of parts, so unless you do something stupid , you will not crash out. Oh, and all parts are generously paid. Here's the catch, you are starring in the neighbourhood theatre, grand as it is. Throw you on the international stage. You have two disadvantages. One, you are not prepared for people who do not play by the rules you know. Two, you think you are better than you are. Aren't you a stunning success so far ? No a recipe for great success in a real business.

 

[yangtzejiang]

And hence we appoint amdk to head our local companies because of the failure of the scholar HR policy.

 

[Papsmearer]

ya, man! ...

got so many big deal skolars cannot find any1 gud enuff meh? ...

can haf studens lumpar 1 in maths n science ... can haf lumpar 1 n 2 universities ... but cannot find gud enuff big deal skolars 2 run own coys? ...

Yup, PAP give PSC, SAF, President's scholarships, etc. out like toilet paper, with so many masters degree and PHD holders in zikapore, and in 50 years, we still cannot find a sinkie to run the fucking postal system? what a joke.

 

[Papsmearer]

with a very generous payout package to boot

Yes, angmo pay and
benefits package with generous housing allowance will cost twice what a sinkie CEO will get. This is PAP productivity. Only peasants have to work cheaper, fasterer, and betterer. But PAP can overpay for an FT angmo CEO and that is not considered unproductive.

 

[Papsmearer]

none of the scholars have relevant real world experience of running a postal service. look at the fiasco of appointing a marketing person to head the national rail company. whichever idiot approved her appointment should be thrown out of a helicopter.

have there been scholars who made a successful transition from ivory tower to the real business world? or put it another way, are there any successful business people who were formerly scholars?

U don't have to be a scholar. There must be long time senior management staff at SIngpost that are sinkies. why can't they be promoted to the top job?

 

[frenchbriefs]

sinkies pinkerton syndrome is very high,it will motivate them more when they see a nice juicy ang moh cock at work then it would be if a chinese or hong kie ceo were to be appointed.

 

[Papsmearer]

it's like preparing standing ribeye roast with bone-in for christmas. must feed the hype, promote the look, push the taste, propagandize the final package. then feast on the beef and chew the bone when a scrapgoat is needed and bogeyman required for the fiery sacrifice. imported international mercenary amdk is best for the quickie golden parachute.

tried and proven modus operandi on sacrificial appointment sinkies also want to kpkb.

This Paul Coutts last pay package in 2014 was over $1.1 million Aussie dollar from his previous company, this clown is not taking this job for any less then that. Australian angmo CEOs are not real talents. They are very goods at getting bug severance package. Witness Chip Goodyear at Stomachsick. But singpost has a pathetic history of hiring angmos. Their last CEO was Wolfgang Baier, who suddenly resigned and run road. Their COO was also an angmo Sascha Hower. I don't know what is the PAP fascination with angmos.

 

[Papsmearer]

sinkies pinkerton syndrome is very high,it will motivate them more when they see a nice juicy ang moh cock at work then it would be if a chinese or hong kie ceo were to be appointed.

Angmos are not so stupid too. Once they see how fucked up the organization is, they will run road like Chip Goodyear at Stomachsick Holdings.


[h=1]Upheaval at SingPost as CEO, COO, and CFO resigned in the span of a year[/h]
In the space of a year, Singapore-based logistics group SingPost has lost almost its entire top management team. News just came out that its COO, Sascha Hower, has resigned to “pursue new opportunities overseas.” He will leave in August.

This development is unremarkable on its own. But consider these:

• Its CFO, Daniel Phua, announced in July 2015 that he will leave the group to “pursue other career aspirations.”
• The CEO, Wolfgang Baier, announced in December 2015 that he has also resigned. Deputy chairman Goh Yeow Tin was appointed as executive chairman for 12 months.
• SingPost said in the same month that it failed to disclose board director Keith Tay’s interest in an acquisition deal.
• SingPost chairman Lim Ho Kee stepped down in April after his intended successor declined to take up the post. Another successor was eventually found.
• Keith Tay stepped down in May.
• The deadline to finalize its deal with Alibaba was pushed back for the third time, to October this year.
• This month, it introduced new policies to govern its board directors.
• Goh Yeow Tin to step down in the same month just half a year into his tenure as executive chairman, in order to “devote more time to his other commitments.” He holds directorships in 10 other firms.

SingPost has not yet announced a new CEO. Despite these changes, the group posted positive results in financial year 2015, a sign that its shift from a mail carrier to a logistics company was working. Its annual revenue hit US$840 million, up 25 percent year-on-year. Net profit jumped 58 percent to US$181 million.
These upheavals, however, could put a spanner in SingPost’s progress and cause shareholders to be jittery. Listed on the Singapore Exchange, its share price took a dive after Wolfgang Baier announced his resignation.

 

[Papsmearer]

And hence we appoint amdk to head our local companies because of the failure of the scholar HR policy.

The PAP heavily recruits the talented young people of singapore by giving them scholarships paid by the taxpayers. Supposedly the brightest and the best are subsumed into the SAF, SPF, Civil services, etc. Then you have supposedly less talented sinkies in the private world.

 

[eatshitndie]

This Paul Coutts last pay package in 2014 was over $1.1 million Aussie dollar from his previous company, this clown is not taking this job for any less then that. Australian angmo CEOs are not real talents. They are very goods at getting bug severance package. Witness Chip Goodyear at Stomachsick. But singpost has a pathetic history of hiring angmos. Their last CEO was Wolfgang Baier, who suddenly resigned and run road. Their COO was also an angmo Sascha Hower. I don't know what is the PAP fascination with angmos.

designated fall guy, heavily compensated to take the sword in the short term. terms are not bad. with golden parachute win or lose still win after 1 year. only lose some face and ego. but these highly paid fall guys have thick hides. sinkie elites and chosen ones will be spared from falling on the sword and can land a sure-win role later if amdk happens to turn things around. this job is so toxic no sinkie elites want to be scrapgoat.

 

[frenchbriefs]

This Paul Coutts last pay package in 2014 was over $1.1 million Aussie dollar from his previous company, this clown is not taking this job for any less then that. Australian angmo CEOs are not real talents. They are very goods at getting bug severance package. Witness Chip Goodyear at Stomachsick. But singpost has a pathetic history of hiring angmos. Their last CEO was Wolfgang Baier, who suddenly resigned and run road. Their COO was also an angmo Sascha Hower. I don't know what is the PAP fascination with angmos.

u are a businessman,u and me understand when it comes to matters of money and business,chinks are the best.PAP is a bunch of politicians and bureaucrats,they value presentation and packaging over substance.a bit of charm and charisma,a english Received Pronunciation accent,a witty joke here and there some rhetorical eloquency and they are hooked. like a colonialism mentality,we cant get enough of ang moh's lording over us.please joshep shooling!!!!let me suck ur dick!!!!

 

[frenchbriefs]

designated fall guy, heavily compensated to take the sword in the short term. terms are not bad. with golden parachute win or lose still win after 1 year. only lose some face and ego. but these highly paid fall guys have thick hides. sinkie elites and chosen ones will be spared from falling on the sword and can land a sure-win role later if amdk happens to turn things around. this job is so toxic no sinkie elites want to be scrapgoat.

why cant sinkie be the designated fall guy?im sure lots of sinkies would love that job.after all lots of ministers and mps in parliament are nothing more than glorified punching bags to take the incoming flak.

 

[eatshitndie]

why cant sinkie be the designated fall guy?im sure lots of sinkies would love that job.after all lots of ministers and mps in parliament are nothing more than glorified punching bags to take the incoming flak.

it's a circular firing squad question. to join the "elite" ranks, you must be related, recruited or a scholar. cannot suka suka volunteer for fall guy role from the street. but once you're in "elite" ranks, there are other better opportunities to pursue, such as chobolan ceo of some money-making utility or glc. why collect only $1m golden parachute in 1 suicidal job and tarnish your reputation forever when you can make $69m over 6.9 years in a chobolan capacity? and get promoted to chairman to do more chobolan.

 

[Papsmearer]

designated fall guy, heavily compensated to take the sword in the short term. terms are not bad. with golden parachute win or lose still win after 1 year. only lose some face and ego. but these highly paid fall guys have thick hides. sinkie elites and chosen ones will be spared from falling on the sword and can land a sure-win role later if amdk happens to turn things around. this job is so toxic no sinkie elites want to be scrapgoat.

Who say no sinkie want this job? with this sort of pay package, housing allowance, benies and golden parachute, there will sinkies in their 50s and 60s with lots of management experience lining out the door to take this job. What about all those senior sinkie management at NOL that got laid off by the French company? Non of them can run a logistics company like SIngpost?