Article: DAIRY FARM NAMES NEW GROUP CHIEF EXECUTIVE.

HONG KONG, Oct 4 Asia Pulse - Hong Kong-based pan-Asian retailer Dairy Farm announced Tuesday that Ron Floto is to retire as Group Chief Executive of Dairy Farm on 31 March 2007.

He will be succeeded by Michael Kok.

Michael Kok first joined Dairy Farm in Singapore in 1987. He is currently Dairy Farm's Regional Director for South Asia and in this role has overseen sustained sales and earnings growth in South Asia in recent years, a company statement said.

Chairman of Dairy Farm, Simon Keswick, said, "Following his appointment as Group Chief Executive in 1997, Ron has been instrumental in restructuring Dairy Farms operations and has led the ...

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