02.28.07
The Gigi Montinola discount
February 28, 2007Â
AURELIO “Gigi” Montinola III has delivered 33 percent higher profits for the Bank of the Philippine Islands while keeping senior executive compensation still way below than what his team had inherited two years ago.
According to BPI documents, Montinola and four other top executives received P96.866 million in salaries and bonuses in 2006, way less than the P107.2 million total senior executive compensation in 2004, when the top management team was still led by Jaime Augusto Zobel de Ayala II.
Fernando’s market timing
February 28, 2007Â
And speaking of the Ayalas, it looks like Ayala Land chairman Fernando Zobel de Ayala is not only blessed with matinee-idol looks but also possesses impeccable market timing as well.
Zobel pocketed over P21.45 million last week unloading Ayala Corp. stock anywhere from P610 to P635 a share. Ayala Corp. drifted lower yesterday, in line with the market correction/consolidation mode, at P605.
The newsroom of a large daily is still in shock over the news that the papers’s popular managing editor has contracted tuberculosis.
The newsroom of a large daily is still in shock over the news that the papers’s popular managing editor has contracted tuberculosis.
The newsroom of a large daily is still in shock over the news that the papers’s popular managing editor has contracted tuberculosis.
Taipan Lucio Tan is taking a quick trip to Shanghai to formally inaugurate tomorrow his luxury Eton hotel.
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Taipan Lucio Tan is taking a quick trip to Shanghai to formally inaugurate tomorrow his luxury Eton hotel.
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Taipan Lucio Tan is taking a quick trip to Shanghai to formally inaugurate tomorrow his luxury Eton hotel.
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Mercedes-Benz is widening its local vehicle line-up with tomorrow’s launching of Viano, a multi-purpose vehicle that the German luxury carmaker hopes would find favor among the dons and doñas who have to travel with an entourage.
Price tag: P4.3 million for the 3-liter, V6 diesel model.
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Retired advertising executive Emily Abrera is joining the board of the Bank of the Philippine Islands, vice Cezar Consing who has assumed the chairmanship of the executive committee of Premiere Development Bank.Â
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Mercedes-Benz is widening its local vehicle line-up with tomorrow’s launching of Viano, a multi-purpose vehicle that the German luxury carmaker hopes would find favor among the dons and doñas who have to travel with an entourage.
Price tag: P4.3 million for the 3-liter, V6 diesel model.
_______________________________________________
Retired advertising executive Emily Abrera is joining the board of the Bank of the Philippine Islands, vice Cezar Consing who has assumed the chairmanship of the executive committee of Premiere Development Bank.Â
