MAEOY - Manila Electric Company

Other OTC - Other OTC Delayed Price. Currency in USD

Manila Electric Company

Lopez Building
Ortigas Avenue Barangay Ugong
Pasig 1605
Philippines
63 2 633 4553
http://www.meralco.com.ph

SectorUtilities
IndustryUtilities - Regulated Electric
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Attorney Ray C. EspinosaPres & CEON/AN/A1956
Ms. Betty Cheng Siy-YapCFO, Chief Risk Officer & Sr. VPN/AN/A1962
Ms. Cynthia C. SolurenSr. Assistant VP, Interim Treasurer, Head of Investment and Debt ManagementN/AN/A1965
Mr. Gavin D. BarfieldChief Technology AdvisorN/AN/A1979
Roque D. BacaniHead of Information, Communication & Technology Solutions and VPN/AN/AN/A
Amounts are as of 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. It offers power to approximately 6.5 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. The company also provides engineering, procurement, construction, and maintenance services related to power generation, transmission, and distribution, as well as industrial plants, water resources, and telecommunications; industrial facility construction, electro-mechanical, architectural, and fit-out construction works; and facilities and logistics management services, as well as general construction services. In addition, it designs, procures, operates, and maintains electrical facilities and equipment; offers preventive maintenance and safety audit, equipment repair, and power quality and energy audit; and provides energy efficiency services. Further, the company holds a congressional telecommunications franchise to construct, install, establish, operate, and maintain for commercial purposes; and basic and enhanced telecommunications services in the Philippines, and between the Philippines and other countries and territories. Additionally, it invests in and manages commercial centers; develops, builds, owns, and operates a portfolio of power plants; and retails electricity. The company also provides electro-mechanical consulting and related manpower, e-transaction, bills collection, telecom, rail-related operations and maintenance, insurance and reinsurance, e-business development, power distribution and energy systems management, renewable energy, and information system/technology and consultancy services. 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.