Profile of Top 5 CEO in the Philippines Essay

1.- Data show that 49-year-old Federico Lopez earns the most both in terms of monthly salary and total compensation in 2011. In the 30-company PSEi list, Lopez is head of two firms: First Gen Corporation (FGEN) and Energy Development Corporation (EDC). As Chairman and CEO of FGEN, his basic monthly salary is around P1.79 million. Yup, that’s P1.79 million basic salary per month. He receives another P1.19 million per month as bonus and additional compensation. All in all, he gets more than P3 million every month as FGEN’s chief executive. The same position in EDC gives him an additional P1.4 million every month. Considering only these two companies, Lopez earns roughly P4.4 million monthly — more than any other CEO on the list. – Federico Rufino Lopez is the incumbent Chairman and Chief Executive Officer of the publicly-listed Energy Development Corporation. He also heads the First Philippine Holdings Corporation and First Generation Corporation as their Chief Executive Officer. Lopez serves as Director of other Lopez-owned companies including ABS-CBN, Lopez Holdings Corporation (formerly Benpres Corporation), and First Private Power Corporation. – Lopez serves as the Chairman and CEO of Energy Development Corporation. Within the board, he serves as Chairman of Nominations and Compensation Committee, Chairman of Corporate Social Responsibility Committee and Member of Operations Committee. He has been a Board Member since the company’s privatization in 2007. – Lopez serves as the Chairman and CEO of Energy Development Corporation. Within the board, he serves as Chairman of Nominations and Compensation Committee, Chairman of Corporate Social Responsibility Committee and Member of Operations Committee. He has been a Board Member since the company’s privatization in 2007. – Prior to that, he served Vice President of First Philippine Holdings Corporation in September 1992, and oversaw the development, financing and implementation of its energy-related projects. He then served as the Assistant Treasurer in 1993. – At present, he is also the Chairman and CEO of First Gen Corporation and First Philippine Holdings Corporation (FPHC). He is also a director of ABS-CBN, First Private Power Corp., and Bauang Private Power Corp. He also serves as director, President and CEO of FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., First NatGas Power Corp., and First Gas Pipeline Corp. – Lopez has been a member of the Energy Task Force since 1993 promoting market reforms in the power industry. He is also an environmentalist, serving as the President of the First Philippine Conservation, Inc. and a Director of Conservation International. 2. The sixth richest Filipino, Jaime Augusto Zobel de Ayala, is the second-highest paid CEO on the list. As Chairman and CEO of the conglomerate Ayala Corporation, he earns more than P2.42 million total compensation every month, inclusive of a monthly basic salary of P1.66 million. – Jaime Augusto Zobel de Ayala (born 1959) is a Filipino businessman. He currently serves as chairman and chief executive officerof the Ayala Corporation. His brother, Fernando Zobel de Ayala, is president of the corporation, while his father, Jaime Zobel de Ayala, was president until 1994 and currently holds the title of chairman emeritus. -In addition to his position in the Ayala Corporation, Mr. Zobel is chairman of the Board of Directors of Globe Telecom, Bank of the Philippine Islands, and Integrated Microelectronics Inc. (IMI); vice chairman of the Board of Directors and member of the Executive Committee of Ayala Land, Inc. (ALI); vice chairman of Manila Water Co.; and co-vice chairman and trustee of Ayala Foundation, Inc. He is also a member of various international and local business and socio-civic organizations including the J.P. Morgan International Council, Mitsubishi Corporation International Advisory Committee, Toshiba International Advisory Group, Harvard University Asia Center Advisory Committee, Board of Trustees of the Asian Institute of Management, National Council member of the World Wildlife Fund (US), and Chairman of World Wildlife Fund (Philippines). Honors include World Economic Forum Global Leader for Tomorrow in 1995; Emerging Markets CEO of the year in 1998 (sponsored by ING); Philippine TOYM (Ten Outstanding Young Men) Award in 1999 and Management Association of the Philippines Management Man of the Year Award in 2006. Most recently, Mr. Zobel was awarded the Presidential Medal of Merit on March 11, 2009 by Philippine President Gloria Macapagal Arroyo for â€Å"enhancing the prestige and honor of the Republic of the Philippines both at home and abroad.† – On September 27, 2007, Ayala Corp. chair Jaime Augusto Zobel de Ayala was conferred the Harvard Business School’s highest honor, the Alumni Achievement Award, byDean Jay O. Light. The award was also given to: Donna Dubinsky, A. Malachi Mixon of Invacare, Sir Martin Sorrell of WPP Group and Hansjorg Wyss of Synthes. Zobel de Ayala received his MBA from HBS in 1987. Zobel de Ayala was cited for â€Å"his innovative, entrepreneurial style of management (that) has benefited both Ayala and an island nation that faces significant social and economic challenges. He is the first Filipino to receive this prestigious award. – The Philippine Legion of Honor with rank of Grand Commander was awarded to Mr. Zobel on June 29, 2010. This is awarded by the President of the Republic of the Philippines to recognize outstanding public service that has benefitted the republic, particularly in the preservation of the honor of the country and in nation building. – On November 25, 2010, Mr. Zobel received the Asia Talent Management Award at the 9th CNBC Asia Business Leaders Awards held in Singapore. Mr. Zobel was recognized for â€Å"his personal involvement in supporting and nurturing leadership within the company.† Zobel was quoted as saying that he and his brother Fernando Zobel de Ayala, president and COO of Ayala, consider succession planning as a critical element in ensuring the corporation’s sustainability. He was the third Filipino to be recognized by the annual program, following Globe Telecom CEO Gerardo Ablaza, Jr. who received the ABLA in 2004, and Jollibee CEO Tony Tan Caktiong for corporate citizenship in 2006. – Mr. Zobel holds a B.A. degree in economics (cum laude) from Harvard College (1981), and an MBA from the Harvard Graduate School of Business Administration (1987). He is married to Elizabeth (Lizzie) Eder Zobel, a descendant of Santiago Eder. The couple have four children. -3. Manny Pangilinan or MVP is Chairman and CEO of three companies on the list, making him the third-highest paid CEO with a combined total compensation of P2.65 million per month. This is inclusive of his monthly basic salary of P1.76 million in those companies. His basic salary is P950,000 per month as head of Meralco; more than P588,000 per month as chair of Metro Pacific Investments Corp. (MPI); and around P230,000 every month as CEO of Philex Mining Corporation. – Manuel V Pangilinan (born July 14, 1946 in Manila, Philippines), also known as Manny Pangilinan and MVP, is a Filipino businessman. He is the Chairman of the Philippine Long Distance Telephone Company, from 1998 up to the present. – Pangilinan spent his elementary and high school days at San Beda College. He graduated cum laude from the Ateneo de Manila University with a Bachelor of Arts degree in Economics. He received his MBA degree in 1968 from the Wharton School of the University of Pennsylvania.] He is also the owner of ABC/TV5 network, Cignal Digital TV and Smart Communications. He was the former Chairman of the Board of Trustees of Ateneo de Manila University. – Pangilinan founded First Pacific in 1981 and served as its Managing Director until 1999. He was appointed as Executive Chairman until June 2003, when he was named CEO and Managing Director. Within the First Pacific Group, he holds the positions of President Commissioner of P.T. Indofood Sukses Makmur Tbk, the largest food company in Indonesia. He was named Chairman of Philippine Long Distance Telephone Company (PLDT), after serving as its President and CEO until February 2004. He also serves as Chairman of Maynilad Water Services, Inc., Metro Pacific Tollways Corporation, Medical Doctors, Inc., Metro Pacific Investments Corporation, Landco Pacific Corporation, Pilipino Telephone Corporation, Smart Communications, Inc. and Manila Metro Rail Transit System. -4. Another highest-paid chief executive is Danding Cojuangco of San Miguel Corporation. As CEO of the diversified conglomerate SMC, he gets P1.58 million salary per month plus P746,000 additional compensation monthly, for a total of P2.33 million every month. – Eduardo Murphy Cojuangco, Jr. (born June 10, 1935), also known as Danding Cojuangco, is the chairman of San Miguel Corporation, the largest food and beverage corporation in the Philippines and Southeast Asia, former Philippine ambassador, and former governor of Tarlac. In 2005, his personal wealth was estimated at US$527 million.It was estimated that, at one time, his business empire accounted for 25% of the gross national product of the Philippines. He has been called â€Å"one of the country’s leading businessmen†. – He was a candidate for the Philippine presidency in 1992, ultimately losing in a tight election to Fidel V. Ramos. Ramos received 23.6 % of the vote. Miriam Defensor Santiago came in second with 19.7% and Cojuangco came in third with 18.2%. – He tested the political waters in 2003, planning to run in the 2004 Presidential and Local Elections, but soon withdrew. He was a close adviser and personal friend to former President Ferdinand E. Marcos, which led him to become estranged from his cousin,Corazon Aquino, who after Marcos’ ouster succeeded him as president. Cojuangco is of partial Irish, Spanish, and Chinesedescent.[citation needed] – Cojuangco was a member of the Rolex 12, a group of 12 men who were closest to Marcos and allegedly were his enforcers of Martial Law. He is also an honorary member of PMA Class 1951. Cojuangco also was accused by the military men at the scene ofBenigno Aquino, Jr.’s assassination, as the leader who orchestrated the crime. – He is currently the chairman emeritus of the Nationalist People’s Coalition, the party he founded in 1992 which served as his vehicle to further his aspirations in the 1992 presidential elections. – He was also an advocate for sports in the country through using his company as sponsors for various events. He is notable for supporting basketball in a huge way since the 1980s as a basketball godfather for President Marcos with the famed Northern Consolidated teams of coach Ron Jacobs and the three SMC owned teams currently playing in the Philippine Basketball Association (the flagship Petron Blaze Boosters, the Barangay Ginebra Kings, and the B-Meg Llamados). – He studied at San Beda College, De La Salle University, University of the Philippines, Los Baà ±os and California State College. – Besides English and Tagalog, he speaks Ilocano, the dialect of his mother and Kapampangan, the original dialect of the Cojuangcos. -5. James L Go, Chairman and CEO of JG Summit Holdings (JGS), Universal Robina Corp. (URC) and Robinsons Land (RLC) — total compensation of P1.82 million per month, roughly the same as his basic monthly salary – James L. Go, is the Chairman and Chief Executive Officer of JGSHI. He had been President and Chief Operating Officer of JGSHI and was elected to his current position effective January 1, 2002. As Chairman and Chief Executive Officer, he heads the Executive Committee of JGSHI. He is currently the Chairman and Chief Executive Officer of Universal Robina Corporation, Robinsons Land Corporation, JG Summit Petrochemical Corporation, Robinsons Inc., and Oriental Petroleum and Minerals Corporation. In addition, he is the President and a Trustee of Gokongwei Brothers Foundation, Inc. He was elected director of the Philippine Long Distance Telephone Company (PLDT) on November 3, 2011 and was also appointed as a member of PLDT’s Technology Strategy Committee. He is also a director of Cebu Air, Inc., Panay Electric Co., United Industrial Corporation Limited, Singapore Land Limited, Marina Center Holdings, Inc., Hotel Marina City Private Limited and JG Summit Capital Markets Corporation. He received a Bachelor of Science degree and a Master of Science degree in Chemical Engineering from the Massachusetts Institute of Technology.

Distribution and Retail Essay Example | Topics and Well Written Essays - 3000 words

Distribution and Retail - Essay Example The current UK markets in the clothing retail segments have been compelled to re-evaluate the consumer positioning significantly as because of the low demand along with the real price declining. It has been notably observed by the UK shoppers that the discount stores supply of merchandises with the quality and uniqueness compared to that of the departmental stores (Research and Markets, 2000). It is worth mentioning that observing the market demands and consumer perception, before splitting the departments by male or female clothing or style of the retail operations, is a crucial factor while targeting a market in the retail sector of clothing and garment industry in UK. With regards to the current market scenario in UK, clothing market can be identified as increasingly competitive with more than 20 UK based retailers and brands including department stores, discount stores, super markets, mid-market chains, lower-mid markets, and mail order agencies (Research and Markets, 2000). In t his context, the opportunity for the Indian-American apparel distribution can be intended towards attaining a large number of consumer responses with the virtues of quality products which shall be distributed through high street fashion merchandises in UK. The recent growth has been taken place in the women sector which is one of the largest sectors in terms of high selling of merchandises which can also be identified as an advantageous target market segment (Research and Markets, 2000). To be precise, the targeted market for the retail stores in this case can be identified as the young populace of UK irrespective of their income, but subject to their tastes and lifestyle choices. Location of the Retail Stores Defining the store location is one of the most crucial decisions for retail entrepreneurs, as a significant location of retail store can prove to be quite important for generating sustainable customer preferences. The store location of standard and high street fashionable clot hing apparels as has been intended to serve by the retail stores can mainly be located in those areas where the young traffic can be easily identified. The demographic variances of the specific location involve citizen’s information, such as age, family as well as the income levels of the population which are the basic factors to be examined before locating any site for retail business, especially in the clothing sector (The Business Link, 2009). The location for the retail site is an essential and fundamental part of the retail strategy as it communicates about the corporate image of the brand. The store location also manipulates the product mix and design of the store. The store location for the high quality apparels on a high street fashion should provide due consideration towards the determined target market segment, i.e. the young population. Thus, the locations where high traffic of young people is observed can be identified as the prospective store location f

Database Management system project (MIS) Assignment

Database Management system project (MIS) - Assignment Example With the help of an entity relation diagram (ERD), normalized relations are displayed using Crows Foot notation. Further, relational tables and the ERD are translated and displayed in Access with a focus on integrity and referential rules during the design of the tables. Finally, the project will perform querying processes that summarizes the key data and give justifications for them. With the help of screenshots, the database components will be shown in the report to illustrate the functionality of the database. This is a project that entails the development of a database for an airline company referred as Fly Dubai. The company operates from Dubai and serves regions in Asian Pacific, Middle East, Africa and Europe. The system for an airline company should be up to date, accurate, secure, and responsive to frequent changes and should integrate the use of decision making and management tools for the day to day operation of the company. Airline industry comprise of a number of stakeholders which include passengers, airline employees, airport and crew service providers and government regulators among others. A database is anticipated that documents the details of all the interested parties and meets their needs effectively. This paper documents the creation of a database using database tools such as Access and subsequent management processes that ensure efficient delivery of service. Fly Dubai is a no-frills airline company that is based in United Arab Emirates. The company serves low income consumers in UAE and other Asian countries. It has also developed partnerships and collaborations with other airlines operating outside UAE and into Asian Pacific regions, Europe, South America and Africa. The airline is headquartered in Dubai and is a vital transport option for UAE residents and beyond. Since the inception of the airline a few years ago, the key challenge has been the booking, scheduling and office

FAMILIES IN CGLOBAL CONTEXT Research Proposal Example | Topics and Well Written Essays - 2500 words

FAMILIES IN CGLOBAL CONTEXT - Research Proposal Example In other words, families have become more pluralistic in recent times then ever before. Changes because of globalization mean the decline in the American families. Charles Murray, a reporter in Wall Street Journal directed illegitimate births as the most critical problem with more devastating affects than any crimes. American families have to confront challenges like high divorce rates, illegitimate births, pre-marital sex, decline in birth rates, loss of family functions, etc. The highest official divorce rates are in United States when compared to other developed nations. The high divorce rates are a threat to the continuation of familial institution. Children experience mental illness, perform poorly at their schools or display other signals of maladjustment. The sexual revolution is also the dominating factor that threatens the existence of American families because it promotes premarital sex and illegitimate births. Transformation in American society had been escorted with decli ne in fertility. Before the era of globalization, families were considered to be miniature society (Roopnarine, 2005). The shifting of functions from the family to other institutions has made it less important because of decrease in social responsibilities. With the advent of globalization, families in Mexico that were once customarily closely knit, appear to be dispersed, specifically among the young rural migrants who go to urban areas for better job opportunities. Meanwhile, the elders of the family are abandoned frequently to fend for themselves while the young male members of the family are lost in the intermediary regions of the urban centers (Grusky, 2001). The migrations of young people have made them abandon their cultural values for which they were known for. Also, there has been a decline in equally positive close relationship and bond that existed between the elders and the youngsters of

Population genetics Essay Example | Topics and Well Written Essays - 500 words

Population genetics - Essay Example The equilibrium is the direct consequence of the segregation of alleles at meiosis in heterozygotes. Numerically, the equilibrium shows that irrespective of the particular mixture of genotypes in the parental generation, the genotypic distribution after one round of mating is completely specified by the allelic frequency p. One consequence of the Hardy-Weinberg proportions is that rare alleles are virtually never in homozygous condition. An allele with a frequency of 0.001 occurs in homomygotes at a frequency of only one in a million; most copies of rare alleles are found in heterozygotes. In general, since two copies of an allele are in homozygotes but only one copy of that allele is in each heterozygote, the relative frequency of the allele in the heterozygotes(as opposed to homozygotes) is: Which for q=0.001 is a ratio 999:1. Thus, the frequency of heterozygote carriers of rare genes that are deleterious in a homozygous condition is much greater than the frequency of the affected homomygotes. In our derivation of the equilibrium, we assumed the allelic frequency p is the same in sperm and eggs.

Personal philosophy of science education in a primary class Assignment

Personal philosophy of science education in a primary class - Assignment Example Students are said to develop their thinking, hand and body skills better under the inquiry-based method of teaching (Akinoglu, 2008). According to Akinoglu, science projects develop the creative thinking skills of students (2008). In teaching science to a primary class, it is important that teaching be done through small group works (Woods-McConney, Wosnitza, & Donetta, 2011). This makes the students more motivated to learn and participate actively in the activity. Another important aspect of teaching science education to primary class students is to help students understand science by linking them to the needs of society (Eady, 2008). They should be made aware of the relevance of science in their daily lives. Lastly, one concurs with McTigue and Slough that design of science texts used should enhance the interests of students to direct their attention to the essential information (2010). Furthermore, science texts should have graphical representations that can assist the students in understanding the science concept presented (McTigue & Slough, 2010). One hopes to apply the philosophies stated above in teaching science to a primary class. These philosophies were based on several theories by science educators and which one deems effective in communicating scientific principles to children. Gilbert, A. (2009). Utilizing science philosophy statements to facilitate K-3 teacher candidates’ development of inquiry-based science practice. Early Childhood Educational Journal , 36 (5), 431-438. Woods-McConney, A., Wosnitza, M., & Donetta, K. (2011, September 1). Keep it positive: Using student goals and appraisals to inform small group work in science. Teaching Science: The Journal of the Australian Science Teachers Association ,

Marketing and Different Vendors Essay Example for Free

Marketing and Different Vendors Essay Having multi-vendor partnerships has its advantages and disadvantages. In the long run, supporting such a partnership would be difficult to maintain. Here are some of the concerns: * Change: Hardware and software requires constant upgrades to keep up with the technology changes. Changes in systems from multiple vendors can cause integration problems and requires a rigid process of testing and configuration. * Knowledge: IT staff must be well-trained in all the systems of the multi-vendor environment. Without a good IT support, the harder it is to find the source of the problem, and the longer it takes for them to resolve it. * Communication: In-house IT staff may have all the knowledge on the systems in the multi-vendor environment, but sometimes support from the vendors is required. In such cases, a support engineer is required to communicate with other support engineer, and it would be easier if it is done within the organization, but this is not usually the case. . Focusing IT on top line requires bringing in revenue for the company by increasing sales, whereas focusing IT on the bottom line requires bringing the cost down by reducing on operating cost. Focusing IT on the top line is more challenging because IT is not able to control who and when someone will actually buy the products and services. On the other hand, focusing IT on the bottom line can be predictable as there are sets of parameters within he organization that can be controlled, for example, reducing the number of employees. 3. Some ways for IT to bring in revenue is by increasing the number of customers and retaining customers. To increase the number of customers, IT systems such as online marketing tools can help to generate sales leads and increase customer awareness by sending out emails or direct mailers to potential customers. Such tools can help in segmenting customer profiles and evaluate the performance of the marketing campaign.