Metro Retail Stores Group, Inc. Announces Board Appointments
May 04, 2018 at 01:14 pm IST
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Organizational Meeting of the board of directors of Metro Retail Stores Group, Inc. held on May 4, 2018. List of elected officers for the upcoming year with their corresponding shareholdings in the Issuer: Frank S. Gaisano as Chairman and Chief Executive Officer; Arthur Emmanuel as President and Chief Operating Officer; Joselito G. Orense as Treasurer and Chief Financial Officer; Vincent E. Tomaneng as Corporate Secretary; Tara Tsarina B. as Asst. Corporate Secretary and Perez-Retuya as Compliance Officer. The board appointed Guillermo L. Parayno, Jr. as Chairman to the Audit and Risk Committee, Margaret G. Ang as Member to the Audit and Risk Committee, Ricardo Nicanor N. Jacinto as Member to the Audit and Risk Committee, Edward S. Gaisano as Chairman to the Governance Committee, Margaret G. Ang as Member to the Governance Committee, Guillermo L. Parayno, Jr. as Member to the Governance Committee, Arthur Emmanuel as Member to the Governance Committee, Ricardo Nicanor N. Jacinto as Member to the Governance Committee, Frank S. Gaisano as Chairman to the Nomination and Compensation Committee, Margaret G. Ang as Member to the Nomination and Compensation Committee, Ricardo Nicanor N. Jacinto as Member to the Nomination and Compensation Committee, Margaret G. Ang as Chairman to the Investment Committee, Jack S. Gaisano as Member to the Investment Committee, Frank S. Gaisano as Member to the Investment Committee, Ricardo Nicanor N. Jacinto as Member to the Investment Committee and Guillermo L. Parayno, Jr. as Member to the Investment Committee.
Metro Retail Stores Group, Inc. is a Philippines-based supermarket, hypermarket and department store operator. The Company's primary purpose is to buy, sell and trade goods, wares and merchandise of every kind and description. The Company's supermarket business is operated under two brand names, Metro Supermarket and Metro Fresh N Easy. The Metro Fresh N Easy, brand name, is used for its smaller scale supermarkets serving as neighborhood stores. Its department stores are operated under the brand, Metro Department Store. The Company's hypermarket retail format is operated under the brand, Super Metro. The Company's hypermarkets are a hybrid between its supermarkets and department stores, providing a broad assortment of basic everyday products. shopmetro.ph, its online platform for both supermarket and department store, allows shoppers to have their orders delivered at their doorstep. It has a total of approximately 62 stores, with a total net selling space of 249,824 square meter.
METRO RETAIL STORES GROUP, INC. 
