Scott, a leading manufacturer of premium, innovative bike equipment and sporting goods, today announced the appointment of Hsuan Boon Tan as co‑CEO, serving alongside existing co‑CEO Pascal Ducrot. Hsuan Boon Tan will be based at the company's global headquarters in Switzerland.
The appointment marks the company's progression into a new phase focused on sustained growth and strengthened overall economics following a successful stabilization period after several turbulent years for the industry. This leadership transition also underscores Youngone's continued investment in Scott's future, ensuring continuity as the company enters this next stage of momentum.
Hsuan Boon Tan succeeds Juwon Kim, who returns to South Korea to focus on Youngone's Strategy and Investment division. Juwon Kim was appointed co‑CEO alongside Pascal Ducrot in August 2024. Pascal Ducrot, a 35‑year veteran of Scott and a key pillar of the organization, will continue as co‑CEO together with Hsuan Boon Tan. Both Juwon Kim and Hsuan Boon Tan will continue in their capacities as Scott board members. Pascal Ducrot will also be appointed as a Scott board member.
"It has been a pleasure to work with Juwon Kim during a transformative period for Scott over the past two years. I'm looking forward to now collaborating with Hsuan Boon Tan, whose deep understanding of the Scott organization will support our continued growth and bring us even closer to our parent company, Youngone," said Pascal Ducrot.
"It has been incredibly fulfilling to help prepare Scott for its next phase of growth. I am proud to have witnessed first‑hand the commitment and energy of colleagues around the world," said Juwon Kim.
"Having served on the Board of Scott for more than two years, I have always been impressed by the passion of the Scott team. Now that I am based at the headquarters in Switzerland, I experience this drive every day. I look forward to working with Youngone and the entire Scott organization as we shape the future of our company and honor its proud heritage," said Hsuan Boon Tan.
Hsuan Boon Tan brings extensive experience in corporate governance and commercial litigation, alongside long-standing expertise across both Youngone and Scott. Most recently, he served as Youngone's Head of Legal and Compliance, following earlier roles in private legal practice in Singapore. He has been a member of the Scott Board for 2 years, playing a central role in stabilizing the business after the disruptions affecting the bike industry during and after the COVID‑19 pandemic, and guiding the organization back onto a positive growth trajectory.
In addition, Hsuan Boon Tan's proximity to Youngone, as well as his experience across strategic focus areas shared by both organizations—apparel, footwear and the broader outdoor sector—supports the deeper integration of Scott within Youngone's global portfolio. His appointment further reflects Youngone's long-term commitment to strengthening Scott globally. His international leadership background is essential to Scott's worldwide footprint and expansion ambitions, while his strategic capabilities add new strengths to lead Scott into its next chapter of growth.
Hsuan Boon Tan's appointment is effective immediately.
