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10.2022 Honor and Personnel Change

Douglas Hsu won the top 100 HBR Taiwan business leaders for four consecutive times

Far Eastern Magazine / Editorial Room
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        2022 The Harvard Business Review (HBR), a global traditional Chinese version of the "Top 100 Taiwan Enterprise Leaders", was evaluated. On August 31, the award ceremony was held at the Far Eastern Group Shangri La Hotel in Taipei. Far Eastern Group Douglas Hsu led Far Eastern New Century Corporation, Asia Cement Corporation, U-Ming Marine Transport and Far Eastone Telecommunications to create outstanding performance, and won four leader awards, which were respectively accepted by the presidents of each company.

        Since 2016, HBR has published the list of top 100 corporate leaders in Taiwan every two years. This year, it has entered the fourth session. The selection method is to select the top 300 companies with market value from all listed companies in Taiwan, and then select the leaders of each company as the selection object. Different from previous years, this year was included in ESG indicators for the first time, and comprehensive ranking was conducted based on financial performance and ESG effectiveness. In addition to the inclusion of the previous three sessions of the "in office market value growth amount" and "in office cumulative total shareholder return rate" (TSR), this new leader's average quarterly earnings per share (EPS) from the quarter when he took office to the first quarter of 2022.

        It is worth mentioning that Douglas Hsu not only won the top 100 leaders for four consecutive times, but also won four awards this year. Among them, the return rate of U-Ming Marine Transport in the total shareholders' return rate project reached 1329%, ranking the third in the project. In addition, only 8 of the 100 enterprises this year have achieved the "Premium" level in ESG projects. In recent years, Far EasTone Telecommunications has actively implemented ESG initiatives, not only establishing a "team of pioneers" to help Taiwan's resource poor organizations, but also improving the shortage of medical resources in rural areas through 5G technology. Therefore, it was awarded "Special Excellence" in the ESG project.

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