Globe Telecom, Inc. Announces Board and Committee Changes
September 02, 2022 at 05:16 am IST
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The Board of Directors of Globe Telecom, Inc. has approved the medical leave of absence of Co-Vice Chairman of the Board, Mr. Fernando Zobel de Ayala and his resignation as member of the Executive Committee and the Compensation and Remuneration Committee to focus on his health, effective September 1, 2022. The Board has elected Mr. Cezar P. Consing as member of the Executive Committee and the Compensation and Remuneration Committee to serve the unexpired term Mr. Fernando Zobel de Ayala or until the next organizational meeting following annual stockholders' meeting in 2023, effective September 1, 2022. Mr. Fernando Zobel de Ayala remains a member of Board.
Globe Telecom, Inc. is a Philippines digital platform company with interests in telecommunications, financial technology, digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare. The Companyâs segments include Mobile Communications Services and Wireline Communications Services. The Mobile Communications Services segment provides digital cellular telecommunications services, which includes mobile voice, mobile SMS, and mobile data. The Company offers its mobile communications services to consumers, corporate and small and medium enterprise (SME) clients through a range of brands, including globe postpaid, globe prepaid and touch mobile. The Wireline Communications Services segment provides fixed line voice, corporate data, and home broad band services. It offers a range of fixed line communications services, wired and wireless Broadband access, and end-to-end connectivity solutions customized for consumers, SME, and businesses.