ABS-CBN Management

Management criteria checks 1/4

ABS-CBN's CEO is Carlo Joaquin Tadeo Katigbak, appointed in Jan 2016, has a tenure of 8.83 years. directly owns 0.14% of the company’s shares, worth ₱5.67M. The average tenure of the management team and the board of directors is 1.8 years and 5.9 years respectively.

Key information

Carlo Joaquin Tadeo Katigbak

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.8yrs
CEO ownership	0.1%
Management average tenure	1.8yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO

Carlo Joaquin Tadeo Katigbak (54 yo)

8.8yrs

Tenure

Mr. Carlo Joaquin Tadeo Lopez Katigbak is Director of AIA Philippines Life and General Insurance Company Inc. from September 2024. Mr. Carlo Joaquin Tadeo Lopez Katigbak has been the Chief Executive Office...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Carlo Joaquin Tadeo Katigbak	President	8.8yrs	no data	0.14% ₱ 5.7m
Ricardo Tan	Group Chief Financial Officer	1.3yrs	no data	no data
Vincent Piedad	Treasurer & Head of Investor Relations	1.3yrs	no data	no data
Paul Villanueva	Chief Risk Management Officer	1.8yrs	no data	0.0049% ₱ 192.8k
Mario Bautista	General Counsel & Director	no data	no data	0.000010% ₱ 395.9
Kane Errol Choa	Head of Corporate Communications	no data	no data	0.011% ₱ 439.1k
Maria Rosario Bartolome	Head of Integrated Marketing & Customer Experience	no data	no data	0.095% ₱ 3.8m
Ernilda Bayani	Head of Human Resources & Organizational Development	5.8yrs	no data	0.0014% ₱ 55.0k
Maria Socorro Vidanes	Chief Operating Officer of Broadcast & Head of Creative Programs	15.8yrs	no data	0.28% ₱ 11.0m
Laurenti Dyogi	Head of TV Production	1.8yrs	no data	0.21% ₱ 8.3m
Jose Agustin Benitez	Head of Integrated Sales	less than a year	no data	0.062% ₱ 2.4m
Carmela Grace Del Mundo	Head of Internal Audit	no data	no data	0.027% ₱ 1.1m

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: ABS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Carlo Joaquin Tadeo Katigbak	President	8.5yrs	no data	0.14% ₱ 5.7m
Mario Bautista	General Counsel & Director	4.2yrs	no data	0.000010% ₱ 395.9
Rafael Andrada	Independent Director	1.5yrs	no data	0.00011% ₱ 4.4k
Federico Lopez	Director	25.3yrs	no data	0.00088% ₱ 34.8k
Federico Garcia	Director	32.2yrs	no data	0.0015% ₱ 61.0k
Maria Rosario Santos-Concio	Member of the Board of Advisors & Director	8.8yrs	no data	0.0065% ₱ 258.9k
Rafael Lopez	Director	1.5yrs	no data	0.00011% ₱ 4.4k
Salvador Tirona	Director	14.3yrs	no data	0% ₱ 0
Martin Lopez	Chairman	7.6yrs	no data	0.12% ₱ 4.7m
Randolf David	Independent Director	3.3yrs	no data	0% ₱ 0
Emmanuel de Dios	Members of the Board of Advisors	1.5yrs	no data	no data
Honorio G. Poblador	Lead Independent Director	3.3yrs	no data	0.000010% ₱ 395.9

5.9yrs

Average Tenure

69.5yo

Average Age

Experienced Board: ABS's board of directors are considered experienced (5.9 years average tenure).

ABS-CBN Management

Management criteria checks 1/4

Key information

Recent management updates

ABS-CBN Corporation Appoints Ma. Rosario Santos-Concio as a Director

ABS-CBN Corporation, Annual General Meeting, Jun 20, 2024

ABS-CBN Corporation Announces Change in Directors

ABS-CBN Corporation Announces Executive Appointments

ABS-CBN Corporation Announces Executive Appointment

ABS-CBN Corporation Appoints Mary Anne Francis T. Torres as Head of Integrated News and Current Affairs

Recent updates

Third quarter 2024 earnings released: ₱0.44 loss per share (vs ₱1.14 loss in 3Q 2023)

New major risk - Financial position

Second quarter 2024 earnings released: ₱1.31 loss per share (vs ₱1.10 loss in 2Q 2023)

ABS-CBN Corporation Appoints Ma. Rosario Santos-Concio as a Director

First quarter 2024 earnings released: ₱0.94 loss per share (vs ₱1.32 loss in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: ₱11.03 loss per share (vs ₱2.89 loss in FY 2022)

ABS-CBN Corporation, Annual General Meeting, Jun 20, 2024

New major risk - Financial position

Price target decreased by 51% to ₱4.70

Now 21% overvalued after recent price rise

ABS-CBN Corporation Announces Change in Directors

Third quarter 2023 earnings released: ₱1.14 loss per share (vs ₱0.44 loss in 3Q 2022)

Second quarter 2023 earnings released: ₱1.10 loss per share (vs ₱0.052 loss in 2Q 2022)

ABS-CBN Corporation Announces Executive Appointments

First quarter 2023 earnings released: ₱1.37 loss per share (vs ₱1.69 loss in 1Q 2022)

Consensus EPS estimates fall by 272%, revenue upgraded

Full year 2022 earnings: EPS misses analyst expectations

ABS-CBN Corporation Announces Executive Appointment

ABS-CBN Corporation Appoints Mary Anne Francis T. Torres as Head of Integrated News and Current Affairs

ABS-CBN Corporation Announces Executive Resignation

Consensus forecasts updated

Insider recently sold ₱151k worth of stock

Insider recently sold ₱485k worth of stock

Less than half of directors are independent

Head of Integrated Sales recently sold ₱1.3m worth of stock

Director recently sold ₱575k worth of stock

ABS-CBN Corporation (PSE:ABS) cancelled the acquisition of 34.99% stake in TV5 Network Inc. from Mediaquest Holdings Inc.

ABS-CBN Corporation (PSE:ABS) cancelled the acquisition of 34.99% stake in TV5 Network Inc. from Mediaquest Holdings Inc.

Second quarter 2022 earnings released: ₱0.052 loss per share (vs ₱1.73 loss in 2Q 2021)

Cignal Cable Corporation agreed to acquire 38.88% stake in SKY Cable Corporation from ABS-CBN Corporation (PSE:ABS), Sky Vision Corp. and Lopez, Inc. for PHP 2.862 billion.

Cignal Cable Corporation agreed to acquire 33.48% stake in SKY Cable Corporation from ABS-CBN Corporation (PSE:ABS) for PHP 2.465 billion.

ABS-CBN Corporation Announces Executive Changes

Consensus EPS estimates fall by 223%

ABS-CBN Corporation, Annual General Meeting, Jun 25, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target increased to ₱17.90

Manuel Villar acquired TV Channel Frequencies of ABS-CBN Corporation (PSE:ABS).

Price target increased to ₱17.90

Consensus forecasts updated

Third quarter 2021 earnings released: ₱0.37 loss per share (vs ₱4.05 loss in 3Q 2020)

Second quarter 2021 earnings released: ₱1.73 loss per share (vs ₱3.84 loss in 2Q 2020)

Consensus revenue estimates fall to ₱20.3b

First quarter 2021 earnings released: ₱2.38 loss per share (vs ₱0.93 loss in 1Q 2020)

New 90-day low: ₱11.42

Greenergy Holdings Incorporated (PSE:GREEN) signed a letter of intent to acquire 51% stake in U-Pay Digital Technologies, Inc. from ABS-CBN Corporation (PSE:ABS) for PHP 54 million.

ABS-CBN Corporation Announces Executive Changes

Head of Global & COO of ABS-CBN Global has left the company

Analysts lower EPS estimates to -₱13.00

Third quarter 2020 earnings released: ₱4.05 loss per share

PLDT Drops Bid to Acquire Sky Cable

Price target lowered to ₱11.60

ABS-CBN Corporation Announces Executive Changes

ABS-CBN Corporation Auditor Raises 'Going Concern' Doubt

ABS-CBN Corporation Announces Layoff of Workers

CEO

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Leadership Team

Average Tenure

Average Age

Board Members

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Average Age