SM Investments Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Frederic DyBuncio

Chief executive officer

₱5.4m

Total compensation

CEO salary percentage	n/a
CEO tenure	7.1yrs
CEO ownership	n/a
Management average tenure	6.3yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Frederic DyBuncio (63 yo)

7.1yrs

Tenure

₱5,400,000

Compensation

Mr. Frederic C. DyBuncio, BBM, MBA, has been Adviser to the Board of Pacific Online Systems Corporation since July 25, 2017. Mr. DyBuncio has been the President and Executive Director of SM Investments Cor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frederic DyBuncio	President	7.1yrs	₱5.40m	no data
Harley Sy	Executive Director	no data	₱5.40m	7.61% ₱ 87.6b
Franklin Gomez	Senior Vice President of Finance	11.3yrs	no data	0.0011% ₱ 13.1m
Elizabeth Anne Uychaco	SVP of Corporate Services	1.1yrs	no data	no data
Arthur Sy	Senior VP of Corporate Legal Affairs & Assistant Corporate Secretary	7.3yrs	no data	no data
Epitacio Borcelis	Senior Vice President of Property Acquisition	no data	no data	no data
Wellington Palmero	Senior VP of Governance	1.1yrs	no data	no data
Hector Sarmiento	Senior Vice President of Data Analytics	6.3yrs	no data	no data
Shiela Alarcio	Chief Audit Executive	less than a year	no data	no data
Elmer Serrano	Corporate Secretary	9.5yrs	no data	no data
Erwin Pato	Treasurer & Executive Vice President of Finance & Planning	3.3yrs	no data	no data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: SM's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederic DyBuncio	President	7.1yrs	₱5.40m	no data
Harley Sy	Executive Director	31yrs	₱5.40m	7.61% ₱ 87.6b
Hans Sy	Adviser to the Board	1.1yrs	no data	8.59% ₱ 98.8b
Elizabeth Sy	Adviser to the Board	1.1yrs	no data	6.31% ₱ 72.7b
Teresita Sy-Coson	Vice Chairperson of the Board	45yrs	₱5.40m	7.03% ₱ 81.0b
Jose Sio	Chairman Emeritus	less than a year	₱2.78m	0% ₱ 0
Ramon Lopez	Independent Director	1.8yrs	₱5.40m	0.00010% ₱ 1.2m
Henry Sy	Vice Chairman of the Board	45yrs	₱5.40m	6.29% ₱ 72.4b
Amando Tetangco	Independent Chairman of the Board	less than a year	₱2.93m	0.000010% ₱ 115.1k
Gregory Domingo	Adviser to the Board	1.1yrs	no data	no data
Tomasa Lipana	Lead Independent Director	8.1yrs	₱5.40m	0.000010% ₱ 115.1k
Robert Vergara	Independent Director	5.1yrs	₱5.40m	0.000010% ₱ 115.1k

3.4yrs

Average Tenure

69yo

Average Age

Experienced Board: SM's board of directors are considered experienced (3.4 years average tenure).

SM Investments Management

Management criteria checks 4/4

Key information

Recent management updates

SM Investments Corporation Announces Executive and Board Changes

SM Investments Corporation Elects Elects Lily K. Gruba as Independent Director

Executive Director recently sold ₱7.4m worth of stock

Executive Director recently sold ₱148m worth of stock

Executive Director recently sold ₱114m worth of stock

SM Investments Corporation, Annual General Meeting, Apr 24, 2024

Recent updates

SM Investments Corporation Announces Executive and Board Changes

Dividend increased to ₱9.00

SM Investments Corporation Elects Elects Lily K. Gruba as Independent Director

SM Investments Corporation Declares Dividend for 2023, Payable on May 23, 2024

Executive Director recently sold ₱7.4m worth of stock

SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion.

Executive Director recently sold ₱148m worth of stock

Consensus EPS estimates increase by 11%

Executive Director recently sold ₱114m worth of stock

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

SM Investments Corporation, Annual General Meeting, Apr 24, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

SM Investments Corporation Announces Change in Officers

Independent Director recently bought ₱872k worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Executive Director recently sold ₱7.5m worth of stock

Executive Director recently sold ₱2.3m worth of stock

Executive Director recently sold ₱79m worth of stock

Executive Director recently sold ₱16m worth of stock

Executive Director recently sold ₱9.3m worth of stock

Executive Director recently sold ₱4.9m worth of stock

Executive Director recently sold ₱22m worth of stock

Sm Investments Corporation Announces Executive Changes

Executive Director recently sold ₱22m worth of stock

First quarter 2023 earnings released: EPS: ₱14.16 (vs ₱9.96 in 1Q 2022)

Upcoming dividend of ₱7.50 per share at 0.7% yield

Consensus EPS estimates increase by 21%

Full year 2022 earnings released: EPS: ₱50.88 (vs ₱31.96 in FY 2021)

SM Investments Corporation, Annual General Meeting, Apr 26, 2023

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 16%

Less than half of directors are independent

SM Investments Corporation (PSE:SM) completed the acquisition of 16% stake in Airspeed International Corporation from AIC Group Of Companies Holding Corp.

SM Investments Corporation (PSE:SM) agreed to acquire 16% stake in Airspeed International Corporation from AIC Group Of Companies Holding Corp..

Second quarter 2022 earnings released: EPS: ₱11.22 (vs ₱8.82 in 2Q 2021)

Executive Director recently bought ₱5.2b worth of stock

SM Investments Corporation (PSE:SM) acquired 81% stake Philippine Geothermal Production Company, Inc. for PHP 15.8 billion.

Vice Chairperson of the Board recently bought ₱2.3m worth of stock

Vice Chairperson of the Board recently bought ₱8.2m worth of stock

Vice Chairperson of the Board recently bought ₱48m worth of stock

Now 21% undervalued after recent price drop

Vice Chairperson of the Board recently bought ₱385k worth of stock

SM Investments Corporation Announces Resignation of Alfredo E. Pascual as Independent Director

Vice Chairperson of the Board recently bought ₱17m worth of stock

Vice Chairperson of the Board recently bought ₱50m worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of ₱6.25 per share

Less than half of directors are independent

Senior Vice President of Finance recently bought ₱3.6m worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Third quarter 2021 earnings released: EPS ₱5.93 (vs ₱6.74 in 3Q 2020)

SM Investments Corporation (PSE:SM) agreed to acquire an additional unknown majority stake in Goldilocks Bakeshop, Inc.

Senior Vice President of Finance recently bought ₱4.8m worth of stock

First quarter 2021 earnings released: EPS ₱7.86 (vs ₱7.48 in 1Q 2020)

Upcoming dividend of ₱4.25 per share

SM Investments Corporation Announces Regular Cash Dividend, Payable on May 27, 2021

SM Investments Corporation (PSE:SM) signed an agreement to acquire an additional 31.7% stake in 2GO Group, Inc. (PSE:2GO) from Chelsea Logistics and Infrastructure Holdings Corp. (PSE:C) for PHP 4.9 billion.

SM Investments Corporation (PSE:SM) authorized the conduct of a mandatory tender offer to acquire remaining 37.8% stake in 2GO Group, Inc. (PSE:2GO) for PHP 7.9 billion.

Full year 2020 earnings released: EPS ₱19.42 (vs ₱37.00 in FY 2019)

Earnings beat expectations, revenue disappoints

SM Investments Corporation, Annual General Meeting, Apr 28, 2021

Revenue beats expectations

Third quarter 2020 earnings released: EPS ₱6.74

New 90-day high: ₱1,100

New 90-day high: ₱945

Vice Chairman of the Board recently sold ₱855.3m worth of stock

Vice Chairman of the Board recently sold ₱638.5m worth of stock

SM Investments Corporation to Report Q2, 2020 Results on Aug 13, 2020

Vice Chairman of the Board recently sold ₱14.3b worth of stock