Energy Development Corporation
38th Floor, One Corporate Centre Building, Julia Vargas corner Meralco Avenue Ortigas Center, Pasig 1605, Philippines
Trunklines: +63 (2) 667-7332 (PLDT) / +63 (2) 755-2332 (Globe)
May 8, 2018
JOSE VALERIANO B. ZUÑO III
OIC-HEAD, Disclosures Department The Philippine Stock Exchange, Inc.
PSE Tower, 28th Street corner 5th Avenue Bonifacio Global City, Taguig City
Dear Mr. Zuño:
We advise that at the Annual Meeting of Stockholders held on May 8, 2018, the stockholders of the Energy Development Corporation (the "Company") elected the following individuals to the Board of Directors:
Regular Directors
1. Federico R. Lopez
2. Richard B. Tantoco
3. Francis Giles B. Puno
4. Jonathan C. Russell
5. Joaquin E. Quintos IV
6. David Simon Luboff
7. David Andrew Baldwin
8. Christopher Eu Sun Low
Independent Directors
1. Manuel I. Ayala
2. Edgar O. Chua
3. Francisco Ed. Lim
The stockholders also approved the appointment of SGV & Co. as external auditor for the current year.
During the organizational meeting of the new Board of Directors held immediately after the stockholders' meeting, the following officers were elected:
NAME | POSITION |
OSCAR M. LOPEZ | Chairman Emeritus |
FEDERICO R. LOPEZ | Chairman & Chief Executive Officer |
RICHARD B. TANTOCO | President & Chief Operating Officer |
NESTOR H. VASAY | Senior Vice President, Chief Financial Officer, |
Treasurer, Head of Finance and Shared Services | |
Group | |
VICTOR EMMANUEL B. SANTOS, JR. | Senior Vice President, Regulatory Compliance |
Officer |
MA. ELIZABETH D. NASOL | Senior Vice President, Head of Human Resource |
Management Group | |
BERNADETTE ANN V. POLICARPIO | Corporate Secretary |
ANA MARIA A. KATIGBAK | Assistant Corporate Secretary |
ERWIN O. AVANTE | Vice President, Head of Corporate Finance, |
Compliance Officer for SEC and PSE | |
FERDINAND B. POBLETE | Vice President, Chief Information Officer, Head |
of Information Technology Group | |
ARIEL ARMAN V. LAPUS | Vice President, Managing Director for Latin |
America | |
JAMES ARNOLD D. VILLAROMAN | Vice President, Head of Leyte Geothermal |
Business Unit | |
LIBERATO S. VIRATA | Vice President, Head of BGBU Project & |
Resource Exploration Management | |
REMAN A. CHUA | Vice President, Head of Wind Ilocos Norte |
Business Unit, Business Development Group - | |
Solar and Wind Technologies | |
RAYMUNDO N. JARQUE, JR. | Vice President, Head of Business Development |
Group - Geothermal | |
RASSEN M. LOPEZ | Vice President, Head of Legal and Regulatory |
Group | |
BERNARDITO M. LAPUZ | Vice President, Chief Risk Officer, Head of |
Strategy and Risk Management Group | |
RAMON A. CARANDANG | Vice President, Head of Corporate Affairs Group |
EMMANUEL C. PORTUGAL | Vice President, Chief Digital Transformation |
Officer | |
GRACE STEPHANIE L. MARCELO | Vice President/Head of Treasury Department |
GLENN L. TEE | Chief Audit Executive, Assistant Vice |
President/Head of Internal Audit Group | |
RYAN Z. VELASCO | Assistant Vice President, Corporate Information |
Officer, Head of Investor Relations |
The Board elected the following members to the Nominations & Compensation, Audit & Governance, Risk Management, Corporate Social Responsibility, Related Party Transactions, and Operations Committees:
Nominations and Compensation Committee
Federico R. Lopez (Chairman)
Francis Giles B. Puno Manuel I. Ayala (Independent Director)
David Andrew Baldwin Joaquin E. Quintos IV
Management Representative:
Ma. Elizabeth D. Nasol
Audit and Governance Committee
Edgar O. Chua (Chairman; Independent Director)
Francisco Ed. Lim (Independent Director) Manuel I. Ayala (Independent Director)
Francis Giles B. Puno Jonathan C. Russell Joaquin E. Quintos IV David Andrew Baldwin
Management Representatives:
Nestor H. Vasay
Maribel A. Manlapaz
Risk Management Committee Francis Giles B. Puno (Chairman)
Jonathan C. Russell
David Andrew Baldwin Joaquin E. Quintos IV
Management Representatives:
Nestor H. Vasay
Erwin O. Avante Bernardito M. Lapuz James Arnold D. Villaroman
Jay Joel L. Soriano Miguel Lorenzo S. de Vera Marvin Kenneth S. Bailon
Corporate Social Responsibility (CSR) Committee
Federico R. Lopez (Chairman)
Edgar O. Chua (Independent Director)
Richard B. Tantoco
Joaquin E. Quintos IV David Andrew Baldwin
Management Representatives:
Erwin O. Avante
Ramon A. Carandang
Related Party Transactions Committee Manuel I. Ayala (Independent Director) - Chairman
Edgar O. Chua (Independent Director) Francisco Ed. Lim (Independent Director)
Federico R. Lopez
Richard B. Tantoco Francis Giles B. Puno Jonathan C. Russell Joaquin E. Quintos IV David Andrew Baldwin
Management Representatives:
Nestor H. Vasay
Rassen M. Lopez
Operations Committee
Federico R. Lopez Richard B. Tantoco Francis Giles B. Puno Jonathan C. Russell Joaquin E. Quintos IV David Andrew Baldwin
Very truly yours,
Ryan Z. Velasco
Head of Investor Relations & Corporate Information Officer
cc: KATHLENE ANNE F. FAMADICO
OIC - Issuer Compliance and Disclosure Department (ICDD)
Philippine Dealing & Exchange Corp.
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Energy Development Corporation published this content on 09 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 May 2018 03:40:06 UTC