UK hotel chain Millennium & Copthorne has promoted chief financial officer Wong Hong Ren to the CEO position after the retirement of Richard Hartman.
The publicly-traded company, which is majority owned by Singapore's City Development Limited said Wong would continue the company's current strategy given his experience in streamlining costs as Millennium & Copthorne CFO in reaction to the 2008 financial crisis' impact on revenue, including putting the Studio M Singapore up for sale.The publicly-traded company, which is majority owned by Singapore's City Development Limited said Wong would continue the company's current strategy given his experience in streamlining costs as Millennium & Copthorne CFO in reaction to the 2008 financial crisis' impact on revenue, including putting the Studio M Singapore up for sale.