Profile of Top 5 Ceo in the Philippines

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Profile of Top 5 CEO in the Philippines

1.- Data show that 49-year-old Federico Lopez earns the most both in terms of monthly salary and total compensation in 2011. In the 30-company PSEi list, Lopez is head of two firms: First Gen Corporation (FGEN) and Energy Development Corporation (EDC). As Chairman and CEO of FGEN, his basic monthly salary is around P1.79 million. Yup, that’s P1.79 million basic salary per month. He receives another P1.19 million per month as bonus and additional compensation. All in all, he gets more than P3 million every month as FGEN’s chief executive. The same position in EDC gives him an additional P1.4 million every month. Considering only these two companies, Lopez earns roughly P4.4 million monthly — more than any other CEO on the list.

- Federico Rufino Lopez is the incumbent Chairman and Chief Executive Officer of the publicly-listed Energy Development Corporation. He also heads the First Philippine Holdings Corporation and First Generation Corporation as their Chief Executive Officer. Lopez serves as Director of other Lopez-owned companies including ABS-CBN, Lopez Holdings Corporation (formerly Benpres Corporation), and First Private Power Corporation.

- Lopez serves as the Chairman and CEO of Energy Development Corporation. Within the board, he serves as Chairman of Nominations and Compensation Committee, Chairman of Corporate Social Responsibility Committee and Member of Operations Committee. He has been a Board Member since the company’s privatization in 2007.

- Lopez serves as the Chairman and CEO of Energy Development Corporation. Within the board, he serves as Chairman of Nominations and Compensation Committee, Chairman of Corporate Social Responsibility Committee and Member of Operations Committee. He has been a Board Member since the company’s privatization in 2007.

- Prior to that, he served Vice President of First Philippine Holdings Corporation in September 1992, and oversaw the development, financing and implementation of its energy-related projects. He then served as the Assistant Treasurer in 1993.

- At present, he is also the Chairman and CEO of First Gen Corporation and First Philippine Holdings Corporation (FPHC). He is also a director of ABS-CBN, First Private Power Corp., and Bauang Private Power Corp. He also serves as director, President and CEO of FG Bukidnon Power Corp., First Gen Hydro Power Corp., First Gen Energy Solutions, Inc., Red Vulcan Holdings Corp., Prime Terracota Holdings Corp., First Gas Holdings Corp., First Gas Power Corp., FGP Corp., Unified Holdings Corp., First NatGas Power Corp., and First Gas Pipeline Corp.

- Lopez has been a member of the Energy Task Force since 1993 promoting market reforms in the power industry. He is also an environmentalist, serving as the President of the First Philippine Conservation, Inc. and a Director of Conservation International.

2. The sixth richest Filipino, Jaime Augusto Zobel de Ayala, is the second-highest paid CEO on the list. As Chairman and CEO of the conglomerate Ayala Corporation, he earns more than P2.42 million total compensation every month, inclusive of a monthly basic salary of P1.66 million.

- Jaime Augusto Zobel de Ayala (born 1959) is a Filipino businessman. He currently serves as chairman and chief executive officerof the Ayala Corporation. His brother, Fernando Zobel de Ayala, is president of the corporation, while his father, Jaime Zobel de Ayala, was president until 1994 and currently holds the title of chairman emeritus.

-In addition to his position in the Ayala Corporation, Mr. Zobel is chairman of the Board of Directors of Globe Telecom, Bank of the Philippine Islands, and Integrated Microelectronics Inc. (IMI); vice chairman of the Board of Directors and member of the Executive Committee of Ayala Land, Inc. (ALI); vice chairman of Manila Water Co.; and co-vice chairman and trustee of Ayala Foundation, Inc. He is also a member of various...
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