First Pacific Management
Management criteria checks 3/4
First Pacific's CEO is Manny Pangilinan, appointed in Jun 2003, has a tenure of 20.92 years. total yearly compensation is $13.29M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 1.66% of the company’s shares, worth HK$255.89M. The average tenure of the management team and the board of directors is 3.8 years and 11.4 years respectively.
Key information
Manny Pangilinan
Chief executive officer
US$13.3m
Total compensation
| CEO salary percentage | 32.4% |
| CEO tenure | 20.9yrs |
| CEO ownership | 1.7% |
| Management average tenure | 3.8yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
First Pacific (HKG:142) Will Pay A Larger Dividend Than Last Year At $0.125
Apr 26
Here's Why We Think First Pacific (HKG:142) Might Deserve Your Attention Today
Apr 16Is First Pacific (HKG:142) Using Too Much Debt?
Mar 29First Pacific (HKG:142) Is Increasing Its Dividend To $0.125
Mar 29First Pacific Company Limited's (HKG:142) Shares Lagging The Market But So Is The Business
Jan 23Here's Why First Pacific (HKG:142) Has Caught The Eye Of Investors
Dec 14Should You Think About Buying First Pacific Company Limited (HKG:142) Now?
Nov 24Does First Pacific (HKG:142) Have A Healthy Balance Sheet?
Sep 21Should You Be Adding First Pacific (HKG:142) To Your Watchlist Today?
Aug 31At HK$2.96, Is First Pacific Company Limited (HKG:142) Worth Looking At Closely?
Aug 09First Pacific (HKG:142) Has A Somewhat Strained Balance Sheet
May 26Here's Why We Think First Pacific (HKG:142) Is Well Worth Watching
May 08Is First Pacific Company Limited (HKG:142) Potentially Undervalued?
Apr 19First Pacific (HKG:142) Is Paying Out A Larger Dividend Than Last Year
Apr 02Is Now The Time To Put First Pacific (HKG:142) On Your Watchlist?
Jan 27Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?
Jan 06First Pacific (HKG:142) Takes On Some Risk With Its Use Of Debt
Dec 11Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.55?
Sep 28Does First Pacific (HKG:142) Have A Healthy Balance Sheet?
Sep 02With EPS Growth And More, First Pacific (HKG:142) Makes An Interesting Case
Aug 03First Pacific (HKG:142) Is Increasing Its Dividend To HK$0.10
Jun 17Is Now An Opportune Moment To Examine First Pacific Company Limited (HKG:142)?
Jun 11Shareholders Can Be Confident That First Pacific's (HKG:142) Earnings Are High Quality
May 02First Pacific (HKG:142) Has Announced That It Will Be Increasing Its Dividend To HK$0.10
Apr 20News Flash: Analysts Just Made A Notable Upgrade To Their First Pacific Company Limited (HKG:142) Forecasts
Apr 07First Pacific's (HKG:142) Upcoming Dividend Will Be Larger Than Last Year's
Apr 06Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.80?
Nov 30First Pacific (HKG:142) Seems To Be Using A Lot Of Debt
Aug 29Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?
Aug 03Should First Pacific Company Limited (HKG:142) Be Part Of Your Dividend Portfolio?
Apr 23Have Insiders Been Buying First Pacific Company Limited (HKG:142) Shares?
Mar 19What Type Of Shareholders Own The Most Number of First Pacific Company Limited (HKG:142) Shares?
Feb 21What Type Of Returns Would First Pacific's(HKG:142) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 25
How Does First Pacific's (HKG:142) CEO Pay Compare With Company Performance?
Dec 30Is First Pacific Company Limited (HKG:142) A Strong Dividend Stock?
Dec 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$13m | US$4m | US$501m |
| Sep 30 2023 | n/a | n/a | US$498m |
| Jun 30 2023 | n/a | n/a | US$496m |
| Mar 31 2023 | n/a | n/a | US$444m |
| Dec 31 2022 | US$12m | US$7m | US$392m |
| Sep 30 2022 | n/a | n/a | US$394m |
| Jun 30 2022 | n/a | n/a | US$396m |
| Mar 31 2022 | n/a | n/a | US$320m |
| Dec 31 2021 | US$10m | US$5m | US$245m |
| Sep 30 2021 | n/a | n/a | US$187m |
| Jun 30 2021 | n/a | n/a | US$129m |
| Mar 31 2021 | n/a | n/a | US$131m |
| Dec 31 2020 | US$10m | US$6m | US$133m |
| Jun 30 2020 | n/a | n/a | -US$97m |
| Mar 31 2020 | n/a | n/a | -US$218m |
| Dec 31 2019 | US$13m | US$5m | -US$339m |
| Sep 30 2019 | n/a | n/a | -US$202m |
| Jun 30 2019 | n/a | n/a | -US$150m |
| Mar 31 2019 | n/a | n/a | -US$9m |
| Dec 31 2018 | US$7m | US$4m | US$132m |
| Sep 30 2018 | n/a | n/a | US$127m |
| Jun 30 2018 | n/a | n/a | US$122m |
| Mar 31 2018 | n/a | n/a | US$121m |
| Dec 31 2017 | US$6m | US$4m | US$121m |
Compensation vs Market: Manny's total compensation ($USD13.29M) is above average for companies of similar size in the Hong Kong market ($USD521.91K).
Compensation vs Earnings: Manny's compensation has been consistent with company performance over the past year.
CEO
Manny Pangilinan (77 yo)
20.9yrs
Tenure
US$13,290,000
Compensation
Mr. Manuel Velez Pangilinan, also known as Manny, serves as Director since December 22, 2023 at Axelum Resources Corp. He has been Chairman, President and Chief Executive Officer at SP New Energy Corporati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 20.9yrs | US$13.29m | 1.66% $ 255.9m | |
| Executive Director | 1.8yrs | US$3.48m | 0.20% $ 30.4m | |
| CFO & Associate Director | 1.8yrs | no data | no data | |
| Chief Investor Relations and Sustainability & Associate Director | 8.7yrs | no data | no data | |
| EVP, Company Secretary & General Counsel | 2yrs | no data | no data | |
| Vice President of Group Corporate Communications | no data | no data | no data | |
| Executive Vice President of Group Treasury & Tax and Group Human Resources | 5.3yrs | no data | no data | |
| Executive VP & Group Financial Controller | 10.3yrs | no data | no data | |
| VP & Company Secretariat | 2.3yrs | no data | no data |
3.8yrs
Average Tenure
58yo
Average Age
Experienced Management: 142's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | US$13.29m | 1.66% $ 255.9m | |
| Executive Director | 6.8yrs | US$3.48m | 0.20% $ 30.4m | |
| Independent Non-Executive Director | 31.3yrs | US$256.00k | 0.077% $ 11.9m | |
| Non-Executive Chairman | 43.3yrs | US$3.38m | 26.79% $ 4.1b | |
| Non-Executive Director | 20.9yrs | US$241.00k | 0.023% $ 3.5m | |
| Independent Non-Executive Director | 11.4yrs | US$238.00k | 0.26% $ 39.4m | |
| Independent Non-Executive Director | 4.2yrs | US$195.00k | 0.030% $ 4.6m | |
| Non-Executive Director | 4.2yrs | US$2.40m | no data | |
| Independent Non-Executive Director | 11.4yrs | US$256.00k | 0.057% $ 8.7m | |
| Independent Non-Executive Director | 8.7yrs | US$262.00k | 0.029% $ 4.5m |
11.4yrs
Average Tenure
69yo
Average Age
Experienced Board: 142's board of directors are seasoned and experienced ( 11.4 years average tenure).