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Butch Jimenez has spent a long time working his means up the ladder and now holds the corporate’s second highest rank as govt vice chairman
MANILA, Philippines – As tycoon Manuel Pangilinan continues together with his search for PLDT’s new chief govt officer, it appears he’s not less than settled on his No. 2 boss.
Menardo “Butch” Jimenez Jr. has been appointed as PLDT’s govt vice chairman and chief working officer efficient Tuesday, September 17, based mostly on a inventory market disclosure on the identical day.
Jimenez has spent a long time working on the telco big, beforehand serving as its senior vice chairman and community head. He’s additionally served in management roles in departments throughout the corporate – from shopper enterprise and enterprise transformation to human sources and retail enterprise.
He joined the corporate in 2001 as head of media communications and public affairs. Butch Jimenez is the son of Menardo Jimenez Sr., one of many three folks thought of to have based media big GMA Community.
The appointment of Jimenez to the corporate’s second highest rank might be a powerful signal that Pangilinan is contemplating him to be a successor.
Nobody else in PLDT at present holds the title of govt vice chairman, based mostly on PLDT’s web site web page on firm management. Alfred Panlilio, PLDT’s former CEO, additionally held the title of govt vice chairman earlier than Pangilinan handed the baton to him in 2021.
However when Panlilio resigned in late 2023 resulting from well being causes, Pangilinan needed to step again up because the telco’s president and CEO. The 77-year-old tycoon doesn’t intend to maintain that spot for too lengthy although, as he’s actively searching for his successor. (READ: Needed: Manny Pangilinan’s substitute)
Some weeks again, Pangilinan stated that the search continues.
“It’s nonetheless ongoing,” he stated throughout a press briefing on August 13. “In some unspecified time in the future, we’ve got to seek out somebody, proper? This can be a very complication enterprise, and we’ve got to seek out the fitting individual.”
Pangilinan can also be “most definitely” contemplating somebody youthful to steer the corporate, saying that “it’s very clear that the facet of age and outlook are crucial for the group taken as a complete.”
He’s additionally prepared to “solid his internet wider” and contemplate hiring a CEO from the surface, though he conceded that “the precedence is to have a look at the interior abilities.”
Might Jimenez be Pangilinan’s long-awaited successor? – Rappler.com
