SPC Power Management

Management criteria checks 1/4

SPC Power's CEO is Dennis Villareal, appointed in Aug 1994, has a tenure of 29.75 years. directly owns 0.43% of the company’s shares, worth ₱60.08M. The average tenure of the management team and the board of directors is 8.3 years and 2.5 years respectively.

Key information

Dennis Villareal

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	29.8yrs
CEO ownership	0.4%
Management average tenure	8.3yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO

Dennis Villareal (81 yo)

29.8yrs

Tenure

Mr. Dennis T. Villareal is a Founder and has been President and Chief Executive Officer of SPC Power Corporation since August 17, 1994. Mr. Villareal serves as President and a Director of the following cor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dennis Villareal	Founder	29.8yrs	no data	0.43% ₱ 60.1m
Chan Lim	Co-Founder	no data	no data	no data
Jaime Balisacan	Senior VP of Finance & Administration and Treasurer	6.1yrs	no data	0.0035% ₱ 485.5k
Cesar Villegas	Senior Vice President of Operations & Business Development	no data	no data	0.018% ₱ 2.5m
Maria Luz Caminero	Senior VP of Legal & Regulatory Affairs & Compliance Officer	10.5yrs	no data	no data
Alberto Victor Fenix	Executive Director	no data	₱640.00k	0.057% ₱ 8.0m
James Villareal	Executive VP & Director	no data	no data	0.018% ₱ 2.6m
Nino D. Aguirre	VP of Finance & Treasurer	no data	no data	no data
Victor Lazatin	Corporate Secretary	3.9yrs	no data	no data

8.3yrs

Average Tenure

68yo

Average Age

Experienced Management: SPC's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dennis Villareal	Founder	29.8yrs	no data	0.43% ₱ 60.1m
Alberto Victor Fenix	Executive Director	29.8yrs	₱640.00k	0.057% ₱ 8.0m
James Villareal	Executive VP & Director	2.5yrs	no data	0.018% ₱ 2.6m
Francisco Viray	Independent Director	3yrs	₱600.00k	0% ₱ 0
Sergio Ortiz-Luis	Independent Director	7yrs	₱600.00k	0% ₱ 0
Alfredo Henares	Chairman of the Board	29.8yrs	₱800.00k	0% ₱ 0
Dal-Hun Lee	Director	2.3yrs	₱600.00k	0% ₱ 0
Kilwon Kim	Director	2.3yrs	₱600.00k	0% ₱ 0
Sanghee Bang	Director	1.2yrs	₱325.00k	0% ₱ 0
Sanghun Lee	Director	1.2yrs	₱325.00k	0% ₱ 0
Enrison Benedicto	Independent Director	less than a year	₱325.00k	no data

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: SPC's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

SPC Power Management

Management criteria checks 1/4

Key information

Recent management updates

SPC Power Corporation, Annual General Meeting, May 30, 2024

Less than half of directors are independent

Insider recently sold ₱965k worth of stock

Key Executive recently sold ₱237k worth of stock

Less than half of directors are independent

SPC Power Corporation, Annual General Meeting, May 31, 2022

Recent updates

Primelectric Holdings, Inc agreed to acquire an unknown stake in Bohol Light Company, Inc from SPC Power Corporation (PSE:SPC) for approximately PHP 200 million.

New major risk - Dividend sustainability

Full year 2023 earnings released: EPS: ₱0.78 (vs ₱0.85 in FY 2022)

SPC Power Corporation, Annual General Meeting, May 30, 2024

Upcoming dividend of ₱0.60 per share at 4.7% yield

Investor sentiment improves as stock rises 16%

Now 32% overvalued

Now 21% overvalued

Third quarter 2023 earnings released: EPS: ₱0.25 (vs ₱0.32 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ₱0.37 (vs ₱0.22 in 2Q 2022)

SPC Power Corporation Approves the Declaration of Cash Dividends, Payable on or Before August 23, 2023

Full year 2022 earnings released: EPS: ₱0.85 (vs ₱0.80 in FY 2021)

Third quarter 2022 earnings released: EPS: ₱0.32 (vs ₱0.38 in 3Q 2021)

Less than half of directors are independent

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021)

Insider recently sold ₱965k worth of stock

Now 23% undervalued after recent price drop

SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022

Upcoming dividend of ₱0.20 per share

Investor sentiment deteriorated over the past week

Key Executive recently sold ₱237k worth of stock

First quarter 2022 earnings released: EPS: ₱0.08 (vs ₱0.31 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: ₱0.80 (vs ₱1.07 in FY 2020)

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

SPC Power Corporation, Annual General Meeting, May 31, 2022

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million.

Spc Power Corporation Announces Election of Messrs. Lee Dal-Hun and Kim, Kilwon to the Board of Directors

Key Executive recently sold ₱1.7m worth of stock

Third quarter 2021 earnings released: EPS ₱0.38 (vs ₱0.25 in 3Q 2020)

Independent Non-Executive Director Ramon Sy has left the company

Second quarter 2021 earnings released: EPS ₱0.22 (vs ₱0.29 in 2Q 2020)

Spc Power Corporation Approves Declaration of Cash Dividends, Payable on Jun 22, 2021

First quarter 2021 earnings released: EPS ₱0.31 (vs ₱0.32 in 1Q 2020)

Full year 2020 earnings released: EPS ₱1.07 (vs ₱1.19 in FY 2019)

Director has left the company

Director has left the company

Upcoming dividend of ₱0.40 per share

New 90-day high: ₱11.12

SPC Power Corporation Announces Board Changes

New 90-day high: ₱11.00

New 90-day high: ₱10.30

New 90-day high - ₱9.17

First half earnings released

New 90-day high - ₱8.27

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age