First Pacific Company Limited

BMV:FPAFY N Stock Report

Market Cap: Mex$28.7b

First Pacific Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Manny Pangilinan

Chief executive officer

US$12.3m

Total compensation

CEO salary percentage59.3%
CEO tenure20yrs
CEO ownership1.7%
Management average tenure2.9yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manny Pangilinan's remuneration changed compared to First Pacific's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022US$12mUS$7m

US$392m

Sep 30 2022n/an/a

US$394m

Jun 30 2022n/an/a

US$396m

Mar 31 2022n/an/a

US$320m

Dec 31 2021US$10mUS$5m

US$245m

Sep 30 2021n/an/a

US$187m

Jun 30 2021n/an/a

US$129m

Mar 31 2021n/an/a

US$131m

Dec 31 2020US$10mUS$6m

US$133m

Jun 30 2020n/an/a

-US$97m

Mar 31 2020n/an/a

-US$218m

Dec 31 2019US$13mUS$5m

-US$339m

Sep 30 2019n/an/a

-US$202m

Jun 30 2019n/an/a

-US$150m

Mar 31 2019n/an/a

-US$9m

Dec 31 2018US$7mUS$4m

US$132m

Sep 30 2018n/an/a

US$127m

Jun 30 2018n/an/a

US$122m

Mar 31 2018n/an/a

US$121m

Dec 31 2017US$6mUS$4m

US$121m

Sep 30 2017n/an/a

US$114m

Jun 30 2017n/an/a

US$107m

Mar 31 2017n/an/a

US$102m

Dec 31 2016US$10mUS$5m

US$96m

Compensation vs Market: Manny's total compensation ($USD12.32M) is above average for companies of similar size in the MX market ($USD872.09K).

Compensation vs Earnings: Manny's compensation has increased by more than 20% in the past year.

CEO

Manny Pangilinan (77 yo)

20yrs

Tenure

US$12,318,000

Compensation

Mr. Manuel Velez Pangilinan, also known as Manny, serves as President Commissioner at PT Nusantara Infrastructure Tbk since August 2022. He founded First Pacific Company Limited in May 1981 and has been it...

Leadership Team

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Director20yrsUS$12.32m1.66%
MX$ 477.2m
Christopher Huxley Young
Executive Directorless than a yearUS$4.59m0.20%
MX$ 56.8m
Hon Pong Ng
CFO & Associate Directorless than a yearno datano data
John W. Ryan
Chief Investor Relations and Sustainability & Associate Director7.8yrsno datano data
Wing Man Chiu
EVP, Company Secretary & General Counsel1.1yrsno datano data
S. K. Cheung
Vice President of Group Corporate Communicationsno datano datano data
Stanley H. Yang
Executive VP & Head of Group Corporate Developmentno datano datano data
T. H. Lin
Executive Vice President of Group Treasury & Tax and Group Human Resources4.4yrsno datano data
Ping Cheung Chan
Executive VP & Group Financial Controller9.4yrsno datano data
W. Y. Lau
VP & Company Secretariat1.4yrsno datano data

2.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: FPAFY N's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Directorno dataUS$12.32m1.66%
MX$ 477.2m
Christopher Huxley Young
Executive Director5.8yrsUS$4.59m0.20%
MX$ 56.8m
Kwan Yiu Chen
Independent Non-Executive Director30.4yrsUS$291.00k0.077%
MX$ 22.1m
Anthoni Salim
Non-Executive Chairman42.4yrsUS$3.35m26.8%
MX$ 7.7b
Benny Santoso
Non-Executive Director20yrsUS$263.00k0.0038%
MX$ 1.1m
Yan Hok Fan
Independent Non-Executive Director10.5yrsUS$275.00k0.24%
MX$ 69.2m
Blair Chilton Pickerell
Independent Non-Executive Director3.3yrsUS$190.00k0.011%
MX$ 3.2m
Axton Salim
Non-Executive Director3.3yrsUS$2.36mno data
May-Yee Leung Ko
Independent Non-Executive Director10.5yrsUS$285.00k0.057%
MX$ 16.3m
Suh Shin Lee
Independent Non-Executive Director7.8yrsUS$275.00k0.11%
MX$ 32.1m

10.5yrs

Average Tenure

69yo

Average Age

Experienced Board: FPAFY N's board of directors are seasoned and experienced ( 10.5 years average tenure).