Singapore's Grab hires SATS CEO Alex Hungate as chief operating officer

Sats

04/10/2021 14:58

Oct 4 (Reuters) - Singapore-based ride-hailing and payments
firm Grab on Monday named Alex Hungate, the CEO of in-flight
catering services firm and airport ground handler SATS
 SATS.SI , as its new chief operating officer, with effect from
January 2022.
    Hungate is joining Grab after Southeast Asia's biggest ride
hailing-to-food delivery group earlier this year agreed a record
merger deal https://www.reuters.com/business/grab-announce-merger-with-us-spac-be-valued-nearly-40-bln-sources-2021-04-13
 with U.S. blank check company Altimeter Growth Corp  AGC.O  to
list in the United States.
    Grab said in a statement that Hungate was joining the
company as it has expanded from ride-hailing into multiple new
segments in the last three years.
    SATS said last week that Hungate will leave the company in
December after being the CEO for eight years. He was previously
the CEO of HSBC Singapore, among other roles.

 (Reporting by Yamini C S in Bengaluru; Editing by Anshuman Daga
and Saumyadeb Chakrabarty)
 ((Yamini.CS@thomsonreuters.com;))