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Manila Electric Company (MAEOY)

Other OTC - Other OTC Delayed Price. Currency in USD
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11.000.00 (0.00%)
As of 2:29PM EDT. Market open.

Manila Electric Company

Lopez Building
Ortigas Avenue Barangay Ugong
Pasig 1605
Philippines
63 8 632 8014
http://www.meralco.com.ph

Sector(s)Utilities
IndustryUtilities—Renewable
Full Time Employees5,815

Key Executives

NameTitlePayExercisedYear Born
Attorney Ray C. EspinosaPres, CEO & Director40.24kN/A1956
Ms. Betty Cheng Siy-YapCFO, Chief Risk Officer & Sr. VPN/AN/A1962
Mr. Gavin D. BarfieldChief Technology AdvisorN/AN/A1979
Mr. Roque D. BacaniVP and Head of Information, Communication, Technology & TransformationN/AN/A1976
Mr. William S. PamintuanSVP, Chief Legal Counsel, Asst. CS, Compliance Officer, Head of Legal & CG Off. and Data Prot. Off.N/AN/A1962
Attorney Jocelyn C. Villar-AltamiraHead of Corp. Governance & Compliance and Assistant VPN/AN/AN/A
Mr. Agapito Del Rosario ZaldarriagaVP and Head of Corp. CommunicationsN/AN/A1969
Mr. Jose Antonio T. ValdezHead of Marketing, Customer Solutions & Product Devel. and VPN/AN/A1965
Mr. Edgardo V. CarasigHead of HR & Corp. Services and First VPN/AN/A1966
Mr. Roberto Reyes AlmazoraSr. VP & Head of MPowerN/AN/A1961
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Manila Electric Company, together with its subsidiaries, holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. The company operates in two segments, Power and Other Services. It offers power to approximately 7.1 million industrial, commercial, and residential customers in 36 cities and 75 municipalities, including Metro Manila; the provinces of Rizal, Cavite, and Bulacan; and parts of the provinces of Pampanga, Batangas, Laguna, and Quezon; distributes power to 2,613 customers in Clark Special Economic Zone; and develops, finances, constructs, and operates solar-powered generation facilities, as well as owns coal and diesel-fired and liquefied natural gas power plants. The company also provides electromechanical engineering, construction, consulting, and related manpower services; rail-related operations and maintenance services; insurance and re-insurance services; e-business development; power distribution management; and electric vehicle and charging infrastructure solutions, as well as consultancy, engineering, and integration services to telecommunication service providers. In addition, it offers engineering, procurement, and construction services; testing and commissioning services; building and facilities management and renovation services; vehicle leasing and fleet management services; and undertakes electrical, foundation, waterproofing, and general engineering and building works. Further, the company provides e-transaction, outsourced payment collection, outsourced tellering, and other administrative services; energy efficiency and urban services, such as energy management system, smart street lighting, sewage treatment plant, and HVAC and lighting solutions; and data connectivity solutions, as well as engages in the energy sourcing and trading, and wholesale contracting and aggregating of electricity. Manila Electric Company was founded in 1903 and is based in Pasig, the Philippines.

Corporate Governance

Manila Electric Company’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.