BreadTalk CEO quits, chairman to take over

The group chief executive officer of BreadTalk Group, Henry Chu Heng Hwee, will leave the company with effect from December 31, 2019.

Henry Chu Heng Hwee is leaving the company for “personal and health reasons”, the mainboard-listed food and beverage operator said in a bourse filing on Wednesday morning, reports Straits Times.

Meanwhile, George Quek Meng Tong, the group executive chairman of BreadTalk, will undertake the responsibilities of the group CEO.

Chu was appointed as CEO on July 1, 2017. He is responsible for overseeing the group’s global operations, focusing on strategic planning, investments, business development and regional expansion.

BreadTalk, which has more than 990 outlets worldwide, grew store count for directly operated bakeries and restaurants, as well as “4orth” food concepts, during the first half of this year, although the expansion may have eaten into receipts.

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