Philippine Seven Corporation announced that in the organizational meeting of the Board of Directors of June 16, 2017 held immediately after the stockholders' meeting on same date, the following were appointed/elected as Corporate officers and Chairpersons & Members of the Executive Committee, Audit Committee, Compensation Committee, Nomination and Governance Committee of the Corporation for the upcoming year (2017 - 2018) for a term of one year and/or until their successors are duly elected and qualified. Jose T. Pardo was elected as Chairman of Executive Committee. Jose Victor P. Paterno, Michael B. Zalamea, Antonio Jose U. Periquet, Jr., Ying-Jung Lee and Ping-Hung Chen were elected as member of Executive Committee. Antonio Jose U. Periquet, Jr. elected as Chairman of Audit Committee. Jose Victor P. Paterno and Michael B. Zalamea were elected as member of Audit Committee. Wen-Chi Wu was elected as Chairman of Compensation Committee. Michael B. Zalamea and Jose Victor P. Paterno were elected as Member of Audit Committee. Ying-Jung Lee and Ping-Hung Chen was elected as Non-Voting Member of Compensation Committee. Jose T. Pardo was elected as Chairman of Nomination and Governance Committee. Michael B. Zalamea and Jose Victor P. Paterno was elected as Member of Nomination and Governance Committee. Evelyn S. Enriquez was elected as Non-Voting Member of Nomination and Governance Committee.
Philippine Seven Corporation is a Philippines-based company, which operates 7-Eleven stores. The Company is primarily engaged in the business of retailing, merchandising, buying, selling, marketing, importing, exporting, franchising, acquiring, holding, distributing, warehousing, trading, exchanging or otherwise dealing in all kinds of grocery items, dry goods, food or foodstuff, beverages, drinks and all kinds of consumer needs or requirements and in connection therewith, operating or maintaining warehouses, storages, delivery vehicles and similar or incidental facilities. It is also engaged in the management, development, sale, exchange, and holding for investment or otherwise of real estate of all kinds, including buildings, houses and apartments and other structures. It sells its developed or own branded products or services under various trademarks, including Big Time Meals, Busog Meals, Chef Creations, Crunch Time, Hottarice and others.