Euan Smith Steps Down As Astro GCEO, Henry Tan Assumes Interim Role

KUALA LUMPUR, June 8 (Bernama) --  Astro Malaysia Holdings Bhd's group chief executive officer (GCEO) Euan Smith has stepped down from the role after six years at the helm, effective June 7, 2026.

The content and entertainment company said while it is seeking a suitable successor for the GCEO role, it has appointed Henry Tan as the interim GCEO with effect from June 16, 2026.

Tan previously served as Astro's GCEO from February 2019 to January 2023, it said in a statement with Bursa Malaysia today.

"Tan will provide overall leadership to the company and be responsible for its performance and operations, supported by Astro’s executive leadership team. 

"Smith will continue to provide technical advisory assistance or support to the board until Dec 6, 2026," it said.

The company also expressed its appreciation to Smith for his leadership and contributions over the past six years, and wished him the best in his future endeavours.

According to Astro's filing with Bursa Malaysia today, Smith holds 2.96 million shares, representing 0.057 per cent of total issued shares in Astro. 

In addition, he has an interest in over 48.35 million unissued ordinary shares under the company's long-term incentive plan through performance share awards.

In a separate filing, Astro said its securities trading was halted from 9 am today. It resumed at 10 am.

Astro's shares closed at six sen last Friday, with a market capitalisation of RM313.55 million.

-- BERNAMA