Manila Water Company Management

Management criteria checks 2/4

Manila Water Company's CEO is Jose De Dios, appointed in Sep 2021, has a tenure of 3.17 years. directly owns 0.022% of the company’s shares, worth ₱17.34M. The average tenure of the management team and the board of directors is 3.2 years and 3.4 years respectively.

Key information

Jose De Dios

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.2yrs
CEO ownership	0.02%
Management average tenure	3.2yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Jose De Dios (58 yo)

3.2yrs

Tenure

Mr. Jose Victor-Emmanuel-A. De Dios serves as President, Chief Executive Officer and Director of Manila Water Company, Inc., since September 1, 2021. Mr. De Dios served as the Chief Executive Officer of Pr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jose De Dios	President	3.2yrs	no data	0.022% ₱ 17.3m
Donato Almeda	Chief Regulatory Officer & Executive Director	3.4yrs	no data	0.013% ₱ 10.3m
Gigi Iluminada Miguel	CFO, Treasurer & Group Director for Finance and Strategy	3.1yrs	no data	0.013% ₱ 10.4m
Anne Lizbeth Olmo	Department Head of Financial Accounting	no data	no data	no data
Melissa Egasani	Chief Information Officer	less than a year	no data	no data
Roberto Jose Locsin	COO for International Business & Chief Administrative Officer	3.4yrs	no data	0.022% ₱ 18.0m
Mark Orbos	Department Head of Corporate Strategy & Investor Relations	no data	no data	no data
Amabelle Asuncion	Chief Legal Officer & Chief Compliance Officer	2.3yrs	no data	0.0078% ₱ 6.3m
Nestor Eric Sevilla	Group Head of Corporate Strategic Affairs & Group Director of Corporate Communications Affairs	no data	no data	0.012% ₱ 9.5m
Janine Carreon	Group Director of Corporate Human Resources	8.6yrs	no data	0.020% ₱ 15.7m
Arnold Jether Mortera	Chief Operating Officer of East Zone	no data	no data	0.018% ₱ 14.5m
Estelita Orodio	Division Head of Operations Services	no data	no data	no data

3.2yrs

Average Tenure

56yo

Average Age

Experienced Management: MWC's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jose De Dios	President	3.2yrs	no data	0.022% ₱ 17.3m
Donato Almeda	Chief Regulatory Officer & Executive Director	3.4yrs	no data	0.013% ₱ 10.3m
Shoebe Caong	Director & Group Director of East Zone Business Operations	less than a year	no data	0.0073% ₱ 5.8m
Octavio Victor Espiritu	Independent Director	3.6yrs	₱2.68m	0.0064% ₱ 5.1m
Sherisa Nuesa	Lead Independent Director	11.6yrs	₱2.83m	0.17% ₱ 133.8m
Cesar Buenaventura	Independent Director	3.6yrs	₱2.88m	0.031% ₱ 25.0m
Enrique Razon	Chairman of the Board	3.4yrs	₱2.03m	0% ₱ 0
Sandy Alipio	Director	1.3yrs	no data	0.000010% ₱ 8.0k
Eric Ramon Recto	Independent Director	3.6yrs	₱1.18m	0.00034% ₱ 273.1k
Katrina Razon	Director	less than a year	₱525.00k	0% ₱ 0

3.4yrs

Average Tenure

64yo

Average Age

Experienced Board: MWC's board of directors are considered experienced (3.4 years average tenure).

Manila Water Company Management

Management criteria checks 2/4

Key information

Recent management updates

Lead Independent Director recently sold ₱5.2m worth of stock

Chief Information Officer recently sold ₱1.4m worth of stock

Manila Water Company, Inc., Annual General Meeting, Apr 25, 2024

Manila Water Company, Inc. Appoints Michael M. Mayo as Group Director for the Engineering Group

Manila Water Company, Inc. Announces Resignation of Jose Rene Gregory D. Almendras as Director and Ceases to Be Member of its Executive Committee

Manila Water Company, Inc. Appoints Ms. Valerie R. Tagada as Group Director for Supply Chain Management Group, Effective on October 16, 2023

Recent updates

Third quarter 2024 earnings released: EPS: ₱1.08 (vs ₱0.67 in 3Q 2023)

Lead Independent Director recently sold ₱5.2m worth of stock

Chief Information Officer recently sold ₱1.4m worth of stock

Second quarter 2024 earnings released

New major risk - Revenue size

Consensus EPS estimates increase by 11%

Price target increased by 8.1% to ₱29.90

First quarter 2024 earnings released

Now 22% overvalued after recent price rise

Upcoming dividend of ₱1.13 per share

Full year 2023 earnings released

Manila Water Company, Inc., Annual General Meeting, Apr 25, 2024

Manila Water Company, Inc. Appoints Michael M. Mayo as Group Director for the Engineering Group

Third quarter 2023 earnings released

Manila Water Company, Inc. (PSE:MWC) announces an Equity Buyback for 288,998,734 shares, for PHP 4,960.58 million.

Manila Water Company, Inc. Announces Resignation of Jose Rene Gregory D. Almendras as Director and Ceases to Be Member of its Executive Committee

Manila Water Company, Inc. Appoints Ms. Valerie R. Tagada as Group Director for Supply Chain Management Group, Effective on October 16, 2023

Second quarter 2023 earnings released

Manila Water Company, Inc. Appoints Joemar B. Emboltorio as Group Director for East Zone Operations

Independent Director recently bought ₱1.9m worth of stock

First quarter 2023 earnings released

Upcoming dividend of ₱0.62 per share at 1.9% yield

Full year 2022 earnings released: EPS: ₱1.79 (vs ₱1.12 in FY 2021)

Manila Water Company, Inc. Announces Rafael D. Consing, Jr. to Ceases as Member of Executive Committee, Audit Committee, and Related Party Transactions Committee

Manila Water Company, Inc. Appoints Nestor Eric T. Sevilla, Jr. as the Group Director for Corporate Communication Affairs

Manila Water Company, Inc., Annual General Meeting, Apr 19, 2023

Upcoming dividend of ₱0.38 per share

Third quarter 2022 earnings released: EPS: ₱0.48 (vs ₱0.20 in 3Q 2021)

Less than half of directors are independent

President recently bought ₱804k worth of stock

President recently bought ₱233k worth of stock

President recently bought ₱300k worth of stock

President recently bought ₱316k worth of stock

Manila Water Company, Inc Announces Resignation of Fernando Zobel De Ayala as Member of the Board of Directors

President recently bought ₱164k worth of stock

Second quarter 2022 earnings released

President recently bought ₱213k worth of stock

President recently bought ₱318k worth of stock

Insider recently bought ₱1.2m worth of stock

CFO, Treasurer recently bought ₱350k worth of stock

President recently bought ₱402k worth of stock

Price target decreased to ₱29.27

President recently bought ₱938k worth of stock

First quarter 2022 earnings: Revenues miss analyst expectations

Independent Director recently bought ₱3.9m worth of stock

Less than half of directors are independent

Consensus EPS estimates fall by 22%

Price target increased to ₱35.82

Full year 2021 earnings: Revenues miss analyst expectations

Consensus EPS estimates fall to ₱1.65

Third quarter 2021 earnings released: EPS ₱0.20 (vs ₱0.24 in 3Q 2020)

Price target increased to ₱23.33

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS ₱0.59 (vs ₱0.21 in 2Q 2020)

Independent Director recently bought ₱174k worth of stock

Independent Director recently bought ₱1.1m worth of stock

Independent Director recently bought ₱997k worth of stock

Non-Executive Director recently bought ₱5.8m worth of stock

Independent Director recently bought ₱2.3m worth of stock

First quarter 2021 earnings released

Manila Water Company, Inc. Does Not Declare Any Cash Dividends

Independent Director has left the company

Lead Independent Director has left the company

Independent Director has left the company

Price target increased to ₱18.06

New 90-day low: ₱13.84

Revenue misses expectations

New 90-day high: ₱17.00

New 90-day high: ₱16.20