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Gigi Chao

January 23, 2015

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

1: Shareholder revolts

August 8, 2014

An expert on inclusivity and diversity in business has praised the leadership of a father who, having openly rejected his daughter’s sexuality in the past, has now announced he would like her to succeed him at the helm of the family-controlled Hong Kong property empire.

An expert on inclusivity and diversity in business has praised the leadership of a father who, having openly rejected his daughter’s sexuality in the past, has now announced he would like her to succeed him at the helm of the family-controlled Hong Kong property empire.

This week, Cheuk Nang chairman Cecil Chao announced he wanted his daughter, Gigi, to become vice chairwoman of the family business, and would be taking his proposal to next month’s board meeting.

January 29, 2014

Cheuk Nang Holdings next-gen Gigi Chao has penned an open letter to her father, and company founder, Cecil Chao following his public appeal to find a male suitor to turn her straight.

Cheuk Nang Holdings next-gen Gigi Chao has penned an open letter to her father, and company founder, Cecil Chao following his public appeal to find a male suitor to turn her straight.

Despite the fact she has been in a nine-year relationship with another woman, who she married in a civil ceremony in France in 2012, her father offered a dowry of HK$500 million (€47.1 million) to any man that could persuade Gigi to marry them.

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