This way, Mr. Chan can keep his costs down while having complete quality control of his products.
Then again, exports account for only 30 percent of the Splashs multi-billion peso business. While Rolly Hortaleza takes care of operations and product development, his wife, San-san Hortaleza, keeps a tight watch on finance.
Ric Pascua is now vice-chairman of Phoenix Land, Inc., which was put up by some former officers of Landco Pacific Corp. led by Danilo Antonio.
Phoenix Lands first project is a resort-farm, which takes off from two Landco projects: Canyon Woods, which is a resort and residential subdivision project; and Leisure Farms, which is a farm and residential subdivision project.
Mr. Pascua is expected to feel at home in Phoenix. For one thing, the "promdi" boy from Lucena prayed hard before making his decision. For another, hes comfortable working with the guys from Landco. As everybody knows, Landco and BLC are subsidiaries of Metro Pacific Corp.
Then again, Mr. Tans mommy has taught him too well. This is a man who will not show disrespect to an older man, whatever the circumstances.
Mr. Te who is better known in business circles as the 73-year-old or so golfer with an incredible hole-in-one record of close to 20 has not been, uh, a calming influence in the boardroom for the past few months.
He is one of four PNB directors representing the interest of the Lucio Tan Group, itself a misnomer because there is no such thing. The holding company of Mr. Tan is called Basic Holdings.
His replacement here as senior vice-president for personal financial services is Martin Cook. Mr. Cooks last assignment was as deputy head of cards in Brazil, replaces Peter Yeates.