The Edge Financial Daily - Tropicana founder`s son Dion Tan is new MD CEO Yau retires

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

Datuk Dickson Tan Yong Long, is Tropicana's deputy group CEO, while another brother, Dillon Tan Yong Chin, is an executive director. Meanwhile, Tropicana said CEO Datuk Yau Kok Seng will retire on Nov 30 due to health reasons.

The 58-year-old Yau has held the position since January 2013. He has a 0.32% stake in the company.