Douglas Hsu Chairman and CEO Far Eastern Group Taiwan |
Douglas Tong Hsu is Chairman and CEO of Far Eastern Group (FEG), one of the largest and most diversified conglomerates based in Taiwan. It is comprised of 229 companies extending into China with operations in countries including Canada, Hong Kong, Singapore, Malaysia, and Thailand. FEG has a workforce of 53,000 in 2010 and has total assets of US $57.9 billion and annual revenues of US $18.1 billion. The Group has nine public companies, which are leaders in their respective fields including Petrochemicals & Energy; Textile & Polyester Fiber; Cement/Building Material; Sea/Land Transportation; Financial Services; Construction; Telecommunication; Retail/Department Stores and Hotels. Family Foundations encourage social responsibilities and include the establishment of Taiwan’s leading technical institute, private university, and hospital. |