Simon Doughty is to step down as CEO of the Wallem Group, one of Hong Kong’s largest shipping services company.
Doughty, who has been with Wallem for 13 years and CEO for the past seven years, has decided to return home to the UK to be closer to his family. A recruitment company is now looking for his replacement with Doughty committing to stay on until early next year while a suitable executive is found for the shipmanagement major.
“This is not a decision that I have taken lightly, I have been deliberating about it for some months now, not least because I have a deep respect for our staff, customers and shareholders. I have reached the pinnacle of my career as Wallem Group CEO; a career spanning almost 35 years in the maritime sector. I am extremely proud of and passionate about Wallem, our heritage and our people and I feel that I have shaped the culture of the Group as it has shaped me,” Doughty wrote in a note to clients seen by Splash.