Digital Domain Holdings Limited (Digital Domain, 00547) will implement a broad refresh of its board and committee structure effective 4 July 2026.
The company confirmed that Independent Non-Executive Director (INED) Mr Woo King Hang will resign—citing other work commitments—and will step down from the Audit, Nomination and Remuneration Committees. The Board expressed gratitude for his service.
Four appointments take effect on the same date: 1. Mr Ong Wen-Chyi, 66, and Mr Chen Shu-Min, 58, join as Executive Directors and members of the Executive Committee. 2. Mr Sudheer Suresh Reddy, 48, becomes a Non-Executive Director; he remains President of Global VFX for the Group. 3. Mr Yip Kit Chau, 41, is named INED and will sit on the Audit, Nomination and Remuneration Committees, restoring their full composition.
Remuneration details: • Messrs Ong, Chen and Yip will each receive an annual fee of HK$0.19 million and serve without fixed terms, subject to retirement by rotation and one month’s notice. • Mr Reddy will not draw a director’s fee but continues to earn an annual salary of US$0.24 million in his executive capacity within the Group.
Profiles of incoming directors: • Ong brings three decades of finance and risk-management expertise, currently holding independent directorships at ASE Technology, Kenda Rubber and CAROTA; he formerly chaired SinoPac Financial Holdings. • Chen offers 30-plus years in fintech and capital markets, including senior roles at Nasdaq Market Technology and leadership of Asia Innovation Hub’s partnership with the Nasdaq Entrepreneurial Center. • Reddy has driven Digital Domain’s global visual-effects expansion for 15 years, launching studios in Hyderabad, Vancouver and Montreal. • Yip, a fellow of the Hong Kong Institute of CPAs, serves as INED of Superland Group and CFO & Company Secretary of FSM Holdings, following a 12-year tenure at PwC.
The refreshed board now comprises three Executive Directors, two Non-Executive Directors and four INEDs, aligning committee memberships with Hong Kong Listing Rules and broadening expertise in finance, technology and global operations.