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SATS CEO Hungate departing to take job at Grab
Singapore-based ground handler and catering company SATS announced that President and CEO Alex Hungate is headed out the door to take the chief operating officer (COO) role at Grab. Grab said Hungate would join the company officially in January. Hungate spent 10 years at SATS and served as CEO since 2014. Hungate joined SATS as an independent director in 2011, became an executive director in 2013 and then assumed his current role as CEO. “After eight purposeful years at the helm of SATS, I feel that now is the right time to hand over to new leadership,” Hungate said. “Together, our dedicated and experienced team has ensured that the Company is well-positioned for the future, as our growth initiatives gain traction and markets start to recover from the pandemic.” SATS Chairman Euleen Goh said, “We thank Alex for his exemplary leadership over the years and, in particular, for steering the company through this challenging crisis so effectively. We wish him well in his future endeavours. The board has in place succession plans which will be activated to ensure a smooth leadership transition. Further announcements in this regard will follow shortly.” Hungate is credited with helping steer SATS through the COVID-19 pandemic and its disastrous effects on the aviation industry. His move is likely related to the fact that aviation will be in the doldrums for the next few years as it works to recover from the pandemic and also related to the fact that Grab plans to go public via a merger with Altimeter Growth Corp. by the end of this year, which could result in a substantial payday for Hungate. “Grab’s business has expanded from ride-hailing into multiple new segments in the last three years, and Alex will bring together and create greater ecosystem synergies across Grab,” the Singapore-based company said in a statement. Hungate will take over the COO role from Grab co-founder Tan Hooi Ling who is expected to focus more on technology and strategy once Hungate joins the company. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Kay Rolland at [email protected]
TAGSAlex HungateSATS
Matt Driskillhttp://www.matt-driskill.com
Matt Driskill is the Editor of Asian Aviation. He has been an Asia-based journalist and content producer since 1990 for outlets including Reuters and the International Herald Tribune/New York Times and is a former president of the Foreign Correspondents Club of Hong Kong. He appears on international broadcast outlets like Al Jazeera, CNA and the BBC and has taught journalism at Hong Kong University and American University of Paris. In 2022 Driskill received the “Outstanding Achievement Award” from the Aerospace Media Awards Asia organisation for his editorials and in 2024 received a “Special Recognition for Editorial Perspectives” award from the same organisation. Driskill has received awards from the Associated Press for Investigative Reporting and Business Writing and in 1989 was named the John J. McCloy Fellow by the Graduate School of Journalism at Columbia University in New York where he earned his Master's Degree.
马特·德里斯基尔（Matt Driskill）是《亚洲航空》（Asian Aviation）的主编。他自1990年起，担任驻亚洲的记者和内容制作人，曾为路透社、国际先驱论坛报/纽约时报等媒体工作，并曾任香港外国记者协会会长。他也曾多次在半岛电视台、新加坡广播公司（CNA）和BBC等国际媒体担任嘉宾，并在香港大学和巴黎美国大学教授新闻学。2022年，德里斯基尔因其评论获得了航空媒体奖（Aerospace Media Awards Asia）颁发的“杰出成就奖”，2024年又因其编辑观点获得同一组织颁发的“特别表彰”。他曾获得美联社的调查报道和商务写作奖，并于1989年被纽约哥伦比亚大学研究生新闻学院授予约翰·J·麦克劳伊学者（John J. McCloy Fellow）称号，获得硕士学位。