Aboitiz Power Management

Management criteria checks 2/4

Aboitiz Power's CEO is Emmanuel Rubio, appointed in Jan 2020, has a tenure of 4.25 years. directly owns 0.007% of the company’s shares, worth ₱18.47M. The average tenure of the management team and the board of directors is 5.2 years and 3 years respectively.

Key information

Emmanuel Rubio

Chief executive officer

₱4.8m

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	0.007%
Management average tenure	5.2yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Emmanuel Rubio (58 yo)

4.3yrs

Tenure

₱4,800,000

Compensation

Mr. Emmanuel V. Rubio serves as Director, President and Chief Executive Officer at Aboitiz Power Corporation since January 1, 2020. Mr. Rubio served as Chief Operating Officer at Aboitiz Power Corporation...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Emmanuel Rubio	President	4.3yrs	₱4.80m	0.0072% ₱ 18.5m
Danel Aboitiz	Senior VP	no data	₱4.90m	0.29% ₱ 749.7m
Juan Alejandro Aboitiz	Senior VP	less than a year	no data	0.037% ₱ 95.9m
Myla Espineda	Controller & Principal Accounting Officer	no data	no data	no data
Mark Valencia	VP & CTO	no data	no data	no data
Kristina Cinderella Rivera	Vice President of Human Resources & Administration	no data	no data	no data
Francisco G. Salas	Investors Relations Officer	no data	no data	no data
Manuel Alberto Colayco	Senior VP	6.1yrs	no data	no data
Maria Luisa A. Inofre	First VP & Chief Human Resources Officer	no data	no data	no data
Katrina Michaela Calleja	VP & Chief of Staff	no data	no data	no data
Susan Valdez	Chief Corporate Services Officer	11.3yrs	no data	no data
Felino Bernardo	Chief Operating Officer of Thermal Generation Business Group	no data	no data	no data

5.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: AP's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Emmanuel Rubio	President	4.3yrs	₱4.80m	0.0072% ₱ 18.5m
Danel Aboitiz	Senior VP	5.3yrs	₱4.90m	0.29% ₱ 749.7m
Toshiro Kudama	Non-Executive Director	2.3yrs	₱4.30m	0% ₱ 0
Luis Miguel Aboitiz	Non-Executive Director	5.6yrs	₱5.80m	0.45% ₱ 1.2b
Edwin Bautista	Non-Executive Director	3yrs	₱4.90m	0.000010% ₱ 25.7k
Eric Ongpin Recto	Independent Vice Chairman of the Board & Lead Director	5.9yrs	₱6.80m	0.000010% ₱ 25.7k
Cesar Romero	Independent Director	1.5yrs	₱6.45m	0% ₱ 0
Sabin Aboitiz	Non-Executive Chairman	3yrs	₱6.75m	no data
Izumi Kai	Non-Executive Director	less than a year	₱1.60m	0% ₱ 0

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: AP's board of directors are considered experienced (3 years average tenure).

Aboitiz Power Management

Management criteria checks 2/4

Key information

Recent management updates

Aboitiz Power Corporation Announces CEO Changes

Senior VP recently bought ₱39m worth of stock

Aboitiz Power Corporation, Annual General Meeting, Apr 22, 2024

Senior VP recently bought ₱16m worth of stock

Senior VP recently bought ₱4.3m worth of stock

Aboitiz Power Corporation Announces Board Changes

Recent updates

Full year 2023 earnings released: EPS: ₱4.52 (vs ₱3.74 in FY 2022)

Aboitiz Power Corporation Announces CEO Changes

Senior VP recently bought ₱39m worth of stock

Upcoming dividend of ₱2.30 per share

Dividend increased to ₱2.30

Aboitiz Power Corporation, Annual General Meeting, Apr 22, 2024

Aboitiz Power Corporation (PSE:AP) agreed to acquire 15.6% stake in STEAG State Power Inc. from STEAG GmbH

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS exceeds analyst expectations

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 19%

Aboitiz Power Corporation(PSE:AP) dropped from Philippines PSE Composite Index

Aboitiz Power Corporation(PSE:AP) dropped from FTSE All-World Index (USD)

Senior VP recently bought ₱16m worth of stock

Senior VP recently bought ₱4.3m worth of stock

Consensus revenue estimates increase by 10%

Now 21% undervalued after recent price drop

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 11%

Aboitiz Power Corporation Announces Board Changes

Senior VP recently bought ₱26m worth of stock

Senior VP recently bought ₱2.6m worth of stock

Senior VP recently bought ₱1.8m worth of stock

Consensus EPS estimates fall by 12%

Senior VP recently bought ₱15m worth of stock

Senior VP recently bought ₱2.2m worth of stock

Senior VP recently bought ₱17m worth of stock

Consensus revenue estimates increase by 13%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₱1.87 per share at 3.8% yield

Senior VP recently bought ₱15m worth of stock

Senior VP recently bought ₱3.7m worth of stock

Aboitiz Power Corporation, Annual General Meeting, Apr 24, 2023

Now 20% undervalued

Senior VP recently bought ₱13m worth of stock

Senior VP recently bought ₱11m worth of stock

Senior VP recently bought ₱15m worth of stock

Senior VP recently bought ₱1.7m worth of stock

Less than half of directors are independent

Consensus EPS estimates increase by 15%

Aboitiz Power Corporation Approves Board Appointments

Aboitiz Power Corporation (PSE:AP) agreed to acquire an additional 35.4% stake in STEAG State Power, Inc. from STEAG GmbH for $36.1 million.

Senior VP recently bought ₱812k worth of stock

Aboitiz Power Corporation Appoints Manuel Alberto R. Colayco as Compliance Officer

Second quarter 2022 earnings released: EPS: ₱0.96 (vs ₱0.54 in 2Q 2021)

Aboitiz Power Corporation Announces the Resignation of Monalisa C. Dimalanta as Compliance Officer

Aboitiz Power Corporation Announces Resignation of Raphael P.M. Lotilla as Lead Independent Director

Now 20% undervalued after recent price drop

Senior VP recently bought ₱5.0m worth of stock

Insider recently bought ₱20m worth of stock

Now 20% undervalued after recent price drop

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

Consensus revenue estimates fall by 11%

Senior VP recently bought ₱8.1m worth of stock

Consensus forecasts updated

Less than half of directors are independent

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

Aboitiz Power Corporation, Annual General Meeting, Apr 25, 2022

Third quarter 2021 earnings released: EPS ₱0.75 (vs ₱0.44 in 3Q 2020)

Price target increased to ₱32.69

President recently bought ₱11m worth of stock

Investor sentiment improved over the past week

VP of Risk Organization & Performance Management and Data Privacy Officer Arazeli Malapad has left the company

Second quarter 2021 earnings released: EPS ₱0.54 (vs ₱0.23 in 2Q 2020)

First quarter 2021 earnings released: EPS ₱0.84 (vs ₱0.28 in 1Q 2020)

Consensus forecasts updated

Non-Independent Director recently bought ₱15m worth of stock