I-Remit Management

Management criteria checks 2/4

I-Remit's CEO is Ben Tiu, appointed in Sep 2019, has a tenure of 4.67 years. directly owns 16.6% of the company’s shares, worth ₱33.00M. The average tenure of the management team and the board of directors is 2.1 years and 21.8 years respectively.

Key information

Ben Tiu

Chief executive officer

₱561.1k

Total compensation

CEO salary percentage	n/a
CEO tenure	4.7yrs
CEO ownership	16.6%
Management average tenure	2.1yrs
Board average tenure	21.8yrs

Recent management updates

Recent updates

CEO

Ben Tiu (71 yo)

4.7yrs

Tenure

₱561,111

Compensation

Mr. Ben C. Tiu serves as Vice Chairman of the Board and Chief Executive Officer at I-Remit, Inc. since September 20, 2019 and its Director since 2006. He served as Lead Independent Director at MacroAsia Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ben Tiu	Vice Chairman of the Board & CEO	4.7yrs	₱561.11k	16.6% ₱ 33.0m
Maria Rodora Banares	Acting President	less than a year	no data	no data
Bernadette Cindy Tiu	Senior VP	18.3yrs	no data	0.10% ₱ 208.4k
Maria Cristina Castillejo	Senior EVP & Chief Operating Officer	less than a year	no data	no data
Maria Ascencion Echevarria	VP, Comptroller & Investor Relations Officer	1.9yrs	no data	no data
Elbert Mallete	Assistant VP and Head of Legal Department	9.3yrs	no data	no data
Liezel Zingalawa	Chief Compliance Officer	less than a year	no data	no data
Eva Hermogenes	Vice President of Human Capital Management	7.5yrs	no data	no data
Juan Angel Tinio	Senior Vice President of Information Technology	2.7yrs	no data	no data
Ritchie Aguila	Head of Global Customer Support	no data	no data	no data
Gilbert Tan	VP and Head of Business Development & Expansion	1.3yrs	no data	no data
Jenifer Ong	VP and Head of New Business & Taiwan Operations	2.1yrs	no data	no data

2.1yrs

Average Tenure

54yo

Average Age

Experienced Management: I's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ben Tiu	Vice Chairman of the Board & CEO	23yrs	₱561.11k	16.6% ₱ 33.0m
Jose Ngaw	Independent Director	2.8yrs	₱472.22k	0% ₱ 0
Harris Edsel Jacildo	Director	21.8yrs	₱1.05m	0.0030% ₱ 6.0k
Bansan Choa	Director	21.8yrs	₱511.11k	0.20% ₱ 388.1k
Gilbert Gaw	Non-Executive Director	21.8yrs	₱716.67k	0.056% ₱ 110.3k
Jose Joel Pusta	Director	21.8yrs	₱544.44k	0.000020% ₱ 39.8
Alvin Shi	Independent Director	3.8yrs	₱583.33k	0% ₱ 0
Victor Garlitos	Lead Independent Director	2.8yrs	₱544.44k	0% ₱ 0
Ferdinand Co	Independent Director	less than a year	no data	0% ₱ 0

21.8yrs

Average Tenure

70yo

Average Age

Experienced Board: I's board of directors are seasoned and experienced ( 21.8 years average tenure).

I-Remit Management

Management criteria checks 2/4

Key information

Recent management updates

I-Remit, Inc. Announces Executive Changes

I-Remit, Inc. Announces Change in Non-Voting Members of the Information and Technology Steering Committee

I-Remit, Inc. Announces Changes in Committees and Membership

Less than half of directors are independent

I-Remit, Inc. Announces the Resignation of Maria Elizabeth Y. Garcia as Executive Vice President and Service Operations Division Head

Less than half of directors are independent

Recent updates

Full year 2023 earnings released: ₱0.61 loss per share (vs ₱0.65 loss in FY 2022)

I-Remit, Inc. Announces Executive Changes

Third quarter 2023 earnings released: ₱0.23 loss per share (vs ₱0.31 loss in 3Q 2022)

New major risk - Share price stability

I-Remit, Inc. Announces Change in Non-Voting Members of the Information and Technology Steering Committee

New major risk - Share price stability

Second quarter 2023 earnings released: ₱0.12 loss per share (vs ₱0.13 loss in 2Q 2022)

I-Remit, Inc. Announces Changes in Committees and Membership

Less than half of directors are independent

Full year 2022 earnings released: ₱0.65 loss per share (vs ₱0.20 loss in FY 2021)

I-Remit, Inc. Announces the Resignation of Maria Elizabeth Y. Garcia as Executive Vice President and Service Operations Division Head

Third quarter 2022 earnings released: ₱0.31 loss per share (vs ₱0.027 loss in 3Q 2021)

Less than half of directors are independent

I-Remit, Inc. Appoints Mr. Victor Garlitos as Lead Independent Director

Second quarter 2022 earnings released: ₱0.13 loss per share (vs ₱0.059 loss in 2Q 2021)

I-Remit, Inc. Appoints Bansan Choa as Chairperson of the Bids and Awards Committee

Full year 2021 earnings released: ₱0.20 loss per share (vs ₱0.14 loss in FY 2020)

Less than half of directors are independent

I-Remit, Inc., Annual General Meeting, Jul 01, 2022

I-Remit, Inc. Announces Resignation of Calixto V. Chikiamco as Director

Third quarter 2021 earnings released: ₱0.027 loss per share (vs ₱0.057 loss in 3Q 2020)

Second quarter 2021 earnings released: ₱0.059 loss per share (vs ₱0.12 loss in 2Q 2020)

Non-Executive Director A. Bayani Tan has left the company

Independent Director Felix Adelfo Lopez has left the company

Independent Chairman Arsenio Bartolome has left the company

New 90-day low: ₱1.39

New 90-day high: ₱1.60

New 90-day high: ₱1.42

Third quarter 2020 earnings released: ₱0.057 loss per share

I-Remit, Inc. Announces Management Changes

I-Remit, Inc. Announces Executive Changes

I-Remit, Inc. Announces Executive Changes

New 90-day high: ₱1.39

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age