Petron Management

Management criteria checks 2/4

Petron's CEO is Ramon Ang, appointed in Jan 2009, has a tenure of 15.75 years. directly owns 0% of the company’s shares, worth ₱2.58K. The average tenure of the management team and the board of directors is 4.9 years and 14.1 years respectively.

Key information

Ramon Ang

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	15.8yrs
CEO ownership	0.00001%
Management average tenure	4.9yrs
Board average tenure	14.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramon Ang's remuneration changed compared to Petron's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₱3b
Mar 31 2024	n/a	n/a	₱4b
Dec 31 2023	n/a	n/a	₱3b
Sep 30 2023	n/a	n/a	₱2b
Jun 30 2023	n/a	n/a	-₱485m
Mar 31 2023	n/a	n/a	-₱221m
Dec 31 2022	n/a	n/a	₱138m
Sep 30 2022	n/a	n/a	₱3b
Jun 30 2022	n/a	n/a	₱3b
Mar 31 2022	n/a	n/a	₱1b
Dec 31 2021	n/a	n/a	₱433m
Sep 30 2021	n/a	n/a	₱2b
Jun 30 2021	n/a	n/a	₱2b
Mar 31 2021	n/a	n/a	-₱9b
Dec 31 2020	n/a	n/a	-₱15b
Sep 30 2020	n/a	n/a	-₱18b
Jun 30 2020	n/a	n/a	-₱18b
Mar 31 2020	n/a	n/a	-₱8b
Dec 31 2019	n/a	n/a	-₱2b
Sep 30 2019	n/a	n/a	-₱4b
Jun 30 2019	n/a	n/a	-₱3b
Mar 31 2019	n/a	n/a	-₱740m
Dec 31 2018	n/a	n/a	₱3b
Sep 30 2018	n/a	n/a	₱9b
Jun 30 2018	n/a	n/a	₱10b
Mar 31 2018	n/a	n/a	₱8b
Dec 31 2017	₱156m	₱96m	₱8b

Compensation vs Market: Insufficient data to establish whether Ramon's total compensation is reasonable compared to companies of similar size in the PH market.

Compensation vs Earnings: Insufficient data to compare Ramon's compensation with company performance.

CEO

Ramon Ang (70 yo)

15.8yrs

Tenure

₱156,410,000

Compensation

Mr. Ramon S. Ang, B.S.M.E, serves as Chairman at San Miguel Food and Beverage, Inc. from June 05, 2024. He has been a Director of San Miguel Food and Beverage, Inc. since May 22, 2001. He had been Vice Cha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ramon Ang	Acting Chairman	15.8yrs	₱156.41m	0.000010% ₱ 2.6k
Emmanuel Erana	Senior VP & CFO	15.8yrs	no data	no data
Jonathan F. Rosario	VP of Operations & Corporate Technical Services Group	1.5yrs	no data	no data
Jhoanna Jasmine Javier-Elacio	Assistant VP	12.4yrs	no data	no data
Lemuel Cuezon	Vice President of Marketing	1.6yrs	no data	0.00046% ₱ 118.6k
Maria Rosario D. de Dios	Vice President of Human Resources Management	9.4yrs	no data	no data
Lubin Nepomuceno	GM & Executive Director	no data	no data	0.000050% ₱ 12.9k
Freddie Yumang	Senior VP & Chief Risk Officer	1.8yrs	no data	0.0038% ₱ 969.4k
Mark Tristan Caparas	VP & CFO of Petron Malaysia	less than a year	no data	0.000020% ₱ 5.2k
Albertito Sarte	Deputy CFO & Treasurer	15.2yrs	no data	0.0082% ₱ 2.1m
Myrna Geronimo	VP & Controller	4.9yrs	no data	no data
Maria Crisselda Torcuator	Assistant Corporate Secretary	1.4yrs	no data	no data

4.9yrs

Average Tenure

59yo

Average Age

Experienced Management: PCOR's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ramon Ang	Acting Chairman	15.8yrs	₱156.41m	0.000010% ₱ 2.6k
Lubin Nepomuceno	GM & Executive Director	11.7yrs	no data	0.000050% ₱ 12.9k
Ronald Haddock	Director	15.8yrs	₱1.16m	0% ₱ 0
Margarito Teves	Lead Independent Director	10.4yrs	₱1.51m	0.000010% ₱ 2.6k
Mirzan Bin Mahathir	Non-Executive Director	14.2yrs	₱1.16m	0.000010% ₱ 2.6k
Estelito Mendoza	Non-Executive Director	15.8yrs	₱1.26m	0.000010% ₱ 2.6k
Jose de Jesus	Director	10.4yrs	₱972.00k	0.0024% ₱ 621.3k
Virgilio Jacinto	Non-Executive Director	14.2yrs	₱1.26m	0.000010% ₱ 2.6k
Artemio Panganiban	Independent Director	14yrs	₱1.51m	0.000010% ₱ 2.6k
Aurora Calderon	Non-Executive Director	14.2yrs	₱1.41m	0.000010% ₱ 2.6k
Nelly Favis-Villafuerte	Director	12.8yrs	₱1.16m	0.000010% ₱ 2.6k
Ricardo Marquez	Independent Director	2.8yrs	₱1.46m	0.000010% ₱ 2.6k

14.1yrs

Average Tenure

77yo

Average Age

Experienced Board: PCOR's board of directors are seasoned and experienced ( 14.1 years average tenure).

Petron Management

Management criteria checks 2/4

Key information

Recent management updates

Petron Corporation, Annual General Meeting, May 21, 2024

Insider recently sold ₱96k worth of stock

Petron Corporation Appoints Mr. Freddie P. Yumang as Senior Vice President-Chief Risk Officer

Petron Corporation Announces Resignation of Marian Wilma H. Bautista as Assistant Corporate Secretary

Petron Corporation Announces Expiration of Carlos Jericho L. Petilla as Independent Director

Petron Corporation Announces Retirement of Company Officers

Recent updates

Second quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.34 in 2Q 2023)

First quarter 2024 earnings released: EPS: ₱0.38 (vs ₱0.079 in 1Q 2023)

Petron Corporation to Report Q1, 2024 Results on May 07, 2024

Full year 2023 earnings released: EPS: ₱0.27 (vs ₱0.015 in FY 2022)

Upcoming dividend of ₱0.10 per share

Dividend of ₱0.10 announced

Petron Corporation, Annual General Meeting, May 21, 2024

Petron Corporation Provides Earnings Guidance for the Year 2023

Petron Corporation Provides Earnings Guidance for the Year 2023

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: ₱0.17 (vs ₱0.04 in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: ₱0.10 (vs ₱0.15 in 2Q 2022)

First quarter 2023 earnings released: EPS: ₱0.22 (vs ₱0.27 in 1Q 2022)

Full year 2022 earnings released: EPS: ₱0.01 (vs ₱0.046 in FY 2021)

Insider recently sold ₱96k worth of stock

Investor sentiment improves as stock rises 17%

Petron Corporation Appoints Mr. Freddie P. Yumang as Senior Vice President-Chief Risk Officer

Third quarter 2022 earnings released: ₱0.10 loss per share (vs ₱0.03 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: ₱0.24 (vs ₱0.073 in 2Q 2021)

Petron Corporation Announces Resignation of Marian Wilma H. Bautista as Assistant Corporate Secretary

Petron Corporation Announces Expiration of Carlos Jericho L. Petilla as Independent Director

First quarter 2022 earnings released: EPS: ₱0.25 (vs ₱0.006 in 1Q 2021)

Full year 2021 earnings released: EPS: ₱0.05 (vs ₱1.58 loss in FY 2020)

Petron Corporation Announces Retirement of Company Officers

Petron Corporation Approves Executive Appointments

Investor sentiment improved over the past week

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

First quarter 2021 earnings released: EPS ₱0.01 (vs ₱0.60 loss in 1Q 2020)

Full year 2020 earnings released: ₱1.58 loss per share (vs ₱0.17 loss in FY 2019)

Petron Corporation Announces Election of John Paul L. Ang as Director of the Company

Petron Corporation, Annual General Meeting, May 18, 2021

Petron Corporation(PSE:PCOR) dropped from FTSE All-World Index (USD)

Price target raised to ₱3.10

Petron Corporation Announces That the Petron Bataan Refinery in Limay, Bataan Will Be on Economic Plant Shutdown

Petron Corporation Announces Demise of Reynaldo David, Independent Director, Chairman of the Audit Committee, Member of the Risk Oversight Committee, the Corporate Governance Committee and the Related Party Transaction Committee on December 13, 2020

New 90-day high: ₱3.31

Petron Corporation's Ordinary Shares to Be Deleted from Other OTC

New 90-day high: ₱3.16

New 90-day low: ₱3.00

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age