”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 difference, 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 said in a statement.
Tuesday 21 July 2009
Temasek says Goodyear will not be CEO
Temasek Holdings said on Tuesday in a surprise announcement that Chip Goodyear and the Singapore state investment company had mutually agreed that the former BHP Billiton chief would not proceed with plans to head the group, raising questions over its future leadership.
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