The Edge - Tropicana founder`s son Dion Tan is new MD

CEO Yau retires Tropicana Corp Bhd has redesignated its executive director, 27-year-old Dion Tan, managing director, effective Oct 2. He is the son of the founder and largest shareholder Tan Sri Danny Tan Chee Sing, who has a 30.45% stake in the company,

Dion's eldest brother, Datuk Dickson Tan Yong Long, is deputy group CEO, while another brother, Dillon Tan Yong Chin, is an executive director of the property developer. Tropicana says CEO Datuk Yau Kok Seng will retire on Nov 30 for health reasons. The 58-year-old has held the position since January 2013. He currently has a 0.32% stake in the company. Separately, Datuk Lim Thean Shiang has been appointed an independent and non-executive director of Tropicana, also effective Oct 2