Jollibee Foods Management

Management criteria checks 3/4

Jollibee Foods' CEO is Ernesto Tanmantiong, appointed in Jan 2014, has a tenure of 10.83 years. directly owns 0.72% of the company’s shares, worth ₱2.19B. The average tenure of the management team and the board of directors is 5.9 years and 31.8 years respectively.

Key information

Ernesto Tanmantiong

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.8yrs
CEO ownership	0.7%
Management average tenure	5.9yrs
Board average tenure	31.8yrs

Recent management updates

Recent updates

CEO

Ernesto Tanmantiong (66 yo)

10.8yrs

Tenure

₱660,000

Compensation

Mr. Ernesto Tanmantiong has been the Chief Executive Officer and President of Jollibee Foods Corp. since January 1, 2014. Mr. Tanmantiong serves as a Board Adviser at DDMP REIT Inc. Mr. Tanmantiong served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Caktiong Tan	Founder & Executive Chairman	46.8yrs	₱660.00k	1.03% ₱ 3.2b
Ernesto Tanmantiong	President	10.8yrs	₱660.00k	0.72% ₱ 2.2b
Untiong Tan	Corporate Secretary	30.8yrs	₱840.00k	0.74% ₱ 2.3b
Woo Chong	CFO, Chief Risk Officer & Corporate Information Officer	2.5yrs	no data	no data
Marilou Sibayan	Comptroller & Principal Accounting Officer	no data	no data	no data
Corazon Palomar	Director of Investor Relations	no data	no data	no data
Valerie Amante	Chief Legal	2.5yrs	no data	0.0047% ₱ 14.6m
Jose Maria Minana	Chief Sustainability & Public Affairs Officer	5.8yrs	no data	no data
Arsenio Sabado	Chief Human Resources Officer	5.9yrs	no data	no data
Susana Tanmantiong	Chief Procurement Officer	no data	no data	0.60% ₱ 1.8b
Dennis Flores	President of Regional Business & Head of EMEAA	no data	no data	0.051% ₱ 156.6m
Gisela Tiongson-velasco	President and Executive Director of Jollibee Group Foundation	17.8yrs	no data	no data

5.9yrs

Average Tenure

60.5yo

Average Age

Experienced Management: JFC's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Caktiong Tan	Founder & Executive Chairman	46.8yrs	₱660.00k	1.03% ₱ 3.2b
Ernesto Tanmantiong	President	37.8yrs	₱660.00k	0.72% ₱ 2.2b
Untiong Tan	Corporate Secretary	31.8yrs	₱840.00k	0.74% ₱ 2.3b
Poe Chua	Director	46.8yrs	₱780.00k	0% ₱ 0
Cho Ang	Director	46.8yrs	₱660.00k	0% ₱ 0
Cesar A. Purisima	Lead Independent Director	4.3yrs	₱1.26m	0% ₱ 0
Artemio Panganiban	Director	12.4yrs	₱660.00k	0.0048% ₱ 14.9m
Ee Rong Chong	Independent Director	3.4yrs	₱801.65k	0% ₱ 0
Soon Keat Goh	Independent Director	3.4yrs	₱1.14m	0% ₱ 0

31.8yrs

Average Tenure

71yo

Average Age

Experienced Board: JFC's board of directors are seasoned and experienced ( 31.8 years average tenure).

Jollibee Foods Management

Management criteria checks 3/4

Key information

Recent management updates

Jollibee Foods Corporation, Annual General Meeting, Jun 28, 2024

Director recently bought ₱3.1m worth of stock

Director recently bought ₱18m worth of stock

President recently sold ₱173m worth of stock

Less than half of directors are independent

Chief Procurement Officer recently bought ₱4.5m worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: ₱2.41 (vs ₱2.08 in 3Q 2023)

Dividend increased to ₱1.82

Now 20% undervalued

Jollibee Unlocks Unique Flavor Cravings with the Return of Its Iconic Ube Pie, Available for A Limited Time

Second quarter 2024 earnings released: EPS: ₱2.62 (vs ₱1.98 in 2Q 2023)

Now 20% undervalued after recent price drop

First quarter 2024 earnings released: EPS: ₱2.24 (vs ₱1.75 in 1Q 2023)

Jollibee Foods Corporation, Annual General Meeting, Jun 28, 2024

Final dividend increased to ₱1.15

Jollibee Foods Corporation Approves Cash Dividend on Common Stock, Payable on May 23, 2024

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of ₱1.23 per share at 1.1% yield

Jollibee Foods Corporation Declares A Regular Cash Dividend, Payable on December 11, 2023

Jollibee Foods Corporation Declares A Regular Cash Dividend, Payable on December 11, 2023

Third quarter 2023 earnings released: EPS: ₱2.08 (vs ₱1.93 in 3Q 2022)

Director recently bought ₱3.1m worth of stock

Second quarter 2023 earnings released: EPS: ₱1.98 (vs ₱2.31 in 2Q 2022)

Director recently bought ₱18m worth of stock

First quarter 2023 earnings released: EPS: ₱1.75 (vs ₱1.95 in 1Q 2022)

Consensus EPS estimates increase by 16%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

President recently sold ₱173m worth of stock

Jollibee Reportedly in Talks to Sell Stake in Highlands Coffee

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₱1.93 (vs ₱1.42 in 3Q 2021)

Jollibee Foods Corporation Declares Regular Cash Dividend, Payable on December 14, 2022

Chief Procurement Officer recently bought ₱4.5m worth of stock

Director recently bought ₱2.0m worth of stock

Consensus EPS estimates increase by 17%

Second quarter 2022 earnings released: EPS: ₱2.31 (vs ₱0.89 in 2Q 2021)

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

President recently bought ₱4.0m worth of stock

Now 23% undervalued after recent price drop

Insider recently bought ₱1.0m worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations

President recently bought ₱38m worth of stock

Chief Marketing Officer recently bought ₱13m worth of stock

Upcoming dividend of ₱1.07 per share

Less than half of directors are independent

Jollibee Foods Corporation, Annual General Meeting, Jun 24, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Consensus EPS estimates fall by 16%

Price target increased to ₱238

Price target increased to ₱234

Price target increased to ₱210

Third quarter 2021 earnings released: EPS ₱1.42 (vs ₱1.43 loss in 3Q 2020)

Jollibee Foods Corporation (PSE : JFC) acquired 15% stake in Tim Ho Wan Pte. Ltd for SGD 71.6 million.

Second quarter 2021 earnings released: EPS ₱0.89 (vs ₱9.33 loss in 2Q 2020)

Independent Director Cezar Consing has left the company

Chairman of the Board recently bought ₱24m worth of stock

Head of Global Corp. Legal & Ethics recently sold ₱1.3m worth of stock

First quarter 2021 earnings released: EPS ₱0.14 (vs ₱1.53 loss in 1Q 2020)

Full year 2020 earnings released: ₱10.45 loss per share (vs ₱6.68 profit in FY 2019)

Upcoming dividend of ₱0.78 per share

Price target raised to ₱165

New 90-day low: ₱173

Analysts update estimates

New 90-day high: ₱205

Price target raised to ₱147

Third quarter 2020 earnings released: ₱1.43 loss per share

Revenue beats expectations, earnings disappoint

New 90-day high: ₱194

Jollibee Foods Corp. to Close Stores

CEO

Tenure

Compensation

Leadership Team