Bronson Hsieh to step down as Yang Ming chairman
The 68-year-old chairman is set leave the box shipping group and be replaced by an ex-banker from October 1. He was appointed by the Taiwanese government in 2016 at a critical juncture to lead Yang Ming out of its troubles
Cheng Cheng-Mount, a senior Taiwan government official and a former Citi economist, has been named to succeed Bronson Hsieh as chairman amid challenging times for the liner shipping industry. Unlike the current chairman, he has little shipping experience