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Friday, April 20, 2012

Stock News 2012: San Miguel's Ang is PAL's new president

San Miguel Premium LagerSan Miguel Premium Lager (Photo credit: drewesque)
Listed PAL Holdings, Inc. announced on Friday the appointment of San Miguel Corp. President Ramon Ang as its new president and chief operating officer.

The appointment of Ang came after the diversified conglomerate San Miguel acquired a 49% stake in the flag carrier.

In a disclosure to the Philippine Stock Exchange, PAL said Ang replaced Jaime Bautista, who resigned along with Domingo Chua, Wilson Young, Juanita Tan Lee, Johnip Cua and Ma. Cecilia Pesayco.

http://www.philstar.com/Article.aspx?articleId=798971&publicationSubCategoryId=200

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