First Pacific Management
Management criteria checks 3/4
First Pacific's CEO is Manny Pangilinan, appointed in Jun 2003, has a tenure of 21.25 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$302.42M. The average tenure of the management team and the board of directors is 4.2 years and 11.8 years respectively.
Key information
Manny Pangilinan
Chief executive officer
US$13.3m
Total compensation
| CEO salary percentage | 32.4% |
| CEO tenure | 21.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 4.2yrs |
| Board average tenure | 11.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$433m |
| Mar 31 2024 | n/a | n/a | US$467m |
| 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 ($USD572.08K).
Compensation vs Earnings: Manny's compensation has been consistent with company performance over the past year.
CEO
Manny Pangilinan (78 yo)
21.3yrs
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 of SP New Energy Corporation since 2023. He had been President an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 21.3yrs | US$13.29m | 1.66% $ 302.4m | |
| Executive Director | 2.1yrs | US$3.48m | 0.20% $ 36.0m | |
| CFO & Associate Director | 2.1yrs | no data | no data | |
| Chief Investor Relations and Sustainability & Associate Director | 9yrs | no data | no data | |
| EVP, Company Secretary & General Counsel | 2.3yrs | 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 | 5.7yrs | no data | no data | |
| Executive VP & Group Financial Controller | 10.7yrs | no data | no data | |
| VP & Company Secretariat | 2.7yrs | no data | no data | |
| Associate Director | no data | no data | no data |
4.2yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 142's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | US$13.29m | 1.66% $ 302.4m | |
| Executive Director | 7.1yrs | US$3.48m | 0.20% $ 36.0m | |
| Independent Non-Executive Director | 31.7yrs | US$256.00k | 0.077% $ 14.0m | |
| Non-Executive Chairman | 43.7yrs | US$3.38m | 26.72% $ 4.9b | |
| Non-Executive Director | 21.3yrs | US$241.00k | 0.023% $ 4.1m | |
| Independent Non-Executive Director | 11.8yrs | US$238.00k | 0.26% $ 46.6m | |
| Independent Non-Executive Director | 4.5yrs | US$195.00k | 0.030% $ 5.5m | |
| Non-Executive Director | 4.5yrs | US$2.40m | no data | |
| Independent Non-Executive Director | 11.8yrs | US$256.00k | 0.057% $ 10.3m | |
| Independent Non-Executive Director | 9yrs | US$262.00k | 0.029% $ 5.3m |
11.8yrs
Average Tenure
70yo
Average Age
Experienced Board: 142's board of directors are seasoned and experienced ( 11.8 years average tenure).