Ayala Management

Management criteria checks 3/4

Ayala's CEO is Bong Consing, appointed in Aug 2022, has a tenure of 2.25 years. directly owns 0.064% of the company’s shares, worth ₱275.60M. The average tenure of the management team and the board of directors is 2.9 years and 4.6 years respectively.

Key information

Bong Consing

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.3yrs
CEO ownership	0.06%
Management average tenure	2.9yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO

Bong Consing (65 yo)

2.3yrs

Tenure

₱5,950,000

Compensation

Mr. Cezar Juan Peralta Consing, also known as Bong, is Chairman of the Board of Acen Corporation (formerly known as AC Energy Corporation) since April 24, 2024 and serves as its Director since April 19, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cezar Juan Consing	President	2.3yrs	₱5.95m	0.064% ₱ 275.6m
Alberto De Larrazabal	Senior MD	3.6yrs	no data	0.020% ₱ 87.3m
Celeste Jovenir	Head of Investor Relations	no data	no data	no data
Maria Franchette Acosta	Corporate Secretary	less than a year	no data	0.00080% ₱ 3.4m
Jose Rene Gregory Almendras	Senior MD & Head of Public Affairs Group	no data	no data	0.063% ₱ 269.2m
Francisco Milán	MD, Chief Human Resource Officer & Head of Corporate Resources Group	1.7yrs	no data	0.0078% ₱ 33.8m
Ginaflor Oris	Managing Director	no data	no data	no data
Alfredo Antonio Ayala	Managing Director	no data	no data	no data
John Eric Francia	Senior Managing Director	no data	no data	no data
Catherine Ang	Chief Audit Executive & Executive Director	11.3yrs	no data	0.010% ₱ 44.0m
Emmanuel Aligada	Managing Director	no data	no data	no data
Paolo Maximo Borromeo	MD and Group Head of Corporate Strategy & Development	10.2yrs	no data	no data

2.9yrs

Average Tenure

56yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Cezar Juan Consing	President	3.9yrs	₱5.95m	0.064% ₱ 275.6m
Delfin Lazaro	Non-Executive Director	17.8yrs	₱6.55m	0.016% ₱ 67.3m
Sock Koong Chua	Independent Director	2.6yrs	₱5.70m	0% ₱ 0
Fernando Miranda de Ayala	Non-Executive Director	1.2yrs	no data	0.15% ₱ 645.2m
Jaime Augusto-Miranda de Ayala	Non-Executive Chairman	37.5yrs	₱8.90m	0.14% ₱ 590.6m
Cesar A. Purisima	Independent Director	4.6yrs	₱6.40m	0% ₱ 0
Rizalina Mantaring	Lead Independent Director	4.6yrs	₱9.65m	0.0091% ₱ 39.1m

4.6yrs

Average Tenure

65yo

Average Age

Experienced Board: AC's board of directors are considered experienced (4.6 years average tenure).

Ayala Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently bought ₱14m worth of stock

Lead Independent Director recently sold ₱807k worth of stock

Ayala Corporation Announces Resignation of Solomon M. Hermosura as Senior Managing Director, Corporate Governance Group Head, Chief Legal Officer, Corporate Secretary, Compliance Officer and Data Protection Officer, Effective from February 29, 2024

Ayala Corporation, Annual General Meeting, Apr 26, 2024

Ayala Corporation Announces Executive Changes

Senior MD recently sold ₱2.2m worth of stock

Recent updates

Mitsubishi Corporation (TSE:8058) made a bid to acquire 6.50% stake in Globe Fintech Innovations, Inc. from Ayala Corporation (PSE:AC) for PHP 18.4 billion.

Second quarter 2024 earnings released: EPS: ₱15.49 (vs ₱12.71 in 2Q 2023)

Upcoming dividend of ₱4.19 per share

Now 23% undervalued after recent price drop

Ayala Corporation Approves Cash Dividend for the First Semester Ending June 30, 2024, Payable on July 26, 2024

Now 20% undervalued after recent price drop

First quarter 2024 earnings released: EPS: ₱21.09 (vs ₱16.00 in 1Q 2023)

Insider recently bought ₱14m worth of stock

Full year 2023 earnings released: EPS: ₱61.43 (vs ₱42.20 in FY 2022)

Lead Independent Director recently sold ₱807k worth of stock

Ayala Corporation Announces Resignation of Solomon M. Hermosura as Senior Managing Director, Corporate Governance Group Head, Chief Legal Officer, Corporate Secretary, Compliance Officer and Data Protection Officer, Effective from February 29, 2024

Upcoming dividend of ₱3.81 per share at 1.1% yield

Ayala Corporation, Annual General Meeting, Apr 26, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: ₱13.72 (vs ₱13.13 in 2Q 2022)

Ayala Corporation Announces Executive Changes

First quarter 2023 earnings released: EPS: ₱16.50 (vs ₱12.10 in 1Q 2022)

Full year 2022 earnings released: EPS: ₱44.25 (vs ₱45.50 in FY 2021)

Senior MD recently sold ₱2.2m worth of stock

Senior MD recently sold ₱5.1m worth of stock

Senior MD recently sold ₱3.6m worth of stock

Ayala Corporation Declares Regular Cash Dividend for the Second Semester Ending December 31, 2022, Payable on January 12, 2023

Less than half of directors are independent

Less than half of directors are independent

Ayala Corporation Announces Management Changes

Price target decreased to ₱970

Ayala Corporation Announces CEO Changes

Ayala Corporation Announces Management Changes

Second quarter 2022 earnings released: EPS: ₱13.12 (vs ₱9.81 in 2Q 2021)

Less than half of directors are independent

Ayala Corporation Approves Promotion of Solomon M. Hermosura to Senior Managing Director

Less than half of directors are independent

Price target increased to ₱1,194

Full year 2021 earnings: Revenues miss analyst expectations

Senior MD & Executive Director recently sold ₱7.2m worth of stock

Third quarter 2021 earnings released: EPS ₱15.48 (vs ₱3.04 in 3Q 2020)

Managing Director recently sold ₱17m worth of stock

Insider recently sold ₱3.3m worth of stock

Insider recently sold ₱2.4m worth of stock

Second quarter 2021 earnings released: EPS ₱9.72 (vs ₱3.34 in 2Q 2020)

Director Cezar Consing has joined 5th company board

Director Cezar Consing has joined 5th company board

Director Cezar Consing has joined 5th company board

Director Cezar Consing has joined 5th company board

Director Cezar Consing has joined 5th company board

Director Cezar Consing has joined 5th company board

Upcoming dividend of ₱3.46 per share

Managing Director recently sold ₱12m worth of stock

Managing Director recently sold ₱4.1m worth of stock

Insider recently sold ₱3.2m worth of stock

First quarter 2021 earnings released: EPS ₱7.89 (vs ₱7.19 in 1Q 2020)

Senior MD, CFO, Chief Risk Officer, Chief Sustainability Officer & Finance Group Head has left the company

Insider exercised options to buy ₱45m worth of stock.

Senior MD recently sold ₱10m worth of stock

Full year 2020 earnings released: EPS ₱9.71 (vs ₱103 in FY 2019)

Full year 2020 earnings released: EPS ₱10.85 (vs ₱103 in FY 2019)

New 90-day low: ₱760

Ayala Corporation Appoints Eric Francia to Lead its Investment Committee

Price target raised to ₱942

Ayala Corporation Announces Executive Changes

Ayala Corporation Announces Board Changes

MD, Chief Legal Officer recently sold ₱2.5m worth of stock

Price target raised to ₱840

Third quarter 2020 earnings released: EPS ₱3.04

MD, Chief Legal Officer recently sold ₱2.2m worth of stock

New 90-day high: ₱775

Ayala Corporation Announces Resignation of Xavier P. Loinaz as Lead Independent Director

New 90-day low: ₱685