Online entertainment company GigaMedia (GIGM) has appointed Chief Financial Officer Thomas Hui as president and COO of the company.

"Thomas is a multi-talented leader who has been instrumental in the transformation and growth of GigaMedia," stated CEO Arthur Wang. "As president, we are confident Thomas will drive even greater growth in our online entertainment businesses."

Hui will continue to oversee the company's financial functions in an interim capacity until the appointment of his CFO replacement.

"The President and COO positions are newly created, strengthening the senior management at GigaMedia, enabling us to further exploit the enormous market opportunities before us," explained CEO Arthur Wang.