Eugenio-Lopez-iii

ABS-CBN’s statement on the resignation of chairman emeritus Eugenio “Gabby” Lopez III

  • Page Views 700
  • ABS-CBN said Thursday Eugenio “Gabby” Lopez III resigned as the Chairman Emeritus and Director of ABS-CBN Corp effective immediately.

    Read ABS-CBN’s official statement below:

    Mr. Eugenio “Gabby” Lopez III, today, tendered his resignation for personal reasons as Chairman Emeritus and Director of ABS-CBN Corporation. Mr. Lopez also tendered his resignation as director of ABS-CBN Holdings Corporation, Sky Vision Corporation, Sky Cable Corporation, First Philippine Holdings Corporation, First Gen Corporation, and Rockwell Land Corporation effective immediately.

    He expressed his appreciation for the trust of the stockholders as well as to his co-directors and senior management for the privilege of having served with them over the years.

    At the organizational meeting held today, the Board of Directors of the Corporation accepted with regret the resignation of Mr. Eugenio Lopez III.

    “We thank him for his dedication and leadership in expanding and transforming ABS-CBN beyond television through the years. Just like his father, Eugenio ‘Kapitan Geny’ Lopez Jr., Gabby is a visionary and a compassionate leader driven by his love for the Philippines and the Filipino people. He would always tell the men and women of ABS-CBN that being a part of the network is not a job, but a calling.

    We respect his decision, offer him our full support, and express our sincerest gratitude for the tradition of innovation, nationalism, and public service that he cultivated in the minds and hearts of all Kapamilyas, past and present. We shall continue the journey that he and his father began as we remain in the service ofthe Filipino.”

    Meanwhile, the Board of Directors elected today Mr. Mario Luza Bautista as Director of the Corporation to fill the vacancy created by the resignation of Mr. Lopez. Mr. Mario Luza Bautista is 66 years old. He has served as the General Counsel of the Company and a member of the Board of Advisors of the Company since 2011. He is also a Board Adviser of First Philippine Holdings Corporation. He is a Founding Partner of the Poblador Bautista and Reyes Law Office and has been its Managing Partner since 1999. Mr. Bautista graduated with a Bachelor of Arts Degree in Communication Arts from the Ateneo de Manila University in 1975. He obtained his Bachelor of Laws Degree from the University of the Philippines in 1979 and ranked sixth in the Bar Examinations of that year. (abs-cbn news)

    Share

    New Posts Recently publish post More

    • 08 April 2021
      5 days ago No comment

      Luis and Jessy Mendiola get married

      Jessy Mendiola is now officially Mrs. Manzano! Celebrity couple Jessy Mendiola and Luis Manzano on Sunday revealed that they are already married. Mendiola made the confirmation through a 5-minute video posted on her Youtube channel, as well as a post on her Instagram page. The video showed the couple’s ...

    • 08 April 2021
      5 days ago No comment

      Canada COVID-19 cases breach 1 million as third wave hits

      It came from no less than the Prime Minister Justin Trudeau. Canada is now battling a third wave of the COVID-19 pandemic. Meanwhile, COVID-19 cases in the country have surpassed the one million mark as the third wave ripples across the nation. Canada has recorded 1,001,650 cases since the ...

    • covid-virus
      02 April 2021
      2 weeks ago No comment

      B.C.’s COVID-19 on new restrictions

      Dr. Bonnie Henry, B.C.’s provincial health officer, and Adrian Dix, Minister of Health, have issued the following joint statement regarding updates on the COVID-19 response in British Columbia: “Today we are reporting three periods: from March 26 to 27, we had 936 new cases; from March 27 to 28, ...

    • 02 April 2021
      2 weeks ago No comment

      Juan on Juan : Pat and Bert Parungao

      Soulmates.  When two people are brought together, and they easily fit into each other like peas in a pod, with the same hopes, ideals and drive to serve others, that’s finding one’s soulmate. That describes Pat and Bert Parungao. Bert who is from Tarlac and Pat who was born ...

    • 01 April 2021
      2 weeks ago No comment

      Duterte keeps ‘em guessing about 2022 plans

      The Philippines will hold its next election for president in 2022, and the country’s incumbent top leader may not be ready to exit the scene. Speculations are rife in political circles that President Rodrigo Duterte could end up as the new Vice President. Duterte may yet run as second ...

    %d bloggers like this: