ABS-CBN Chairman Emeritus Gabby Lopez Retires, Cousin Mark Lopez Taking Over Leadership - Our Daily Revelations PH

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ABS-CBN Chairman Emeritus Gabby Lopez Retires, Cousin Mark Lopez Taking Over Leadership

ABS-CBN Chairman Gabby Lopez turns over to Mark Lopez as Chairman/Photo credit to Inquirer

The 60 year old Chairman Emeritus, Eugenio “Gabby” Lopez, ends his two decade reign over the Media Giant ABS-CBN Corporation. Being the chairman since 1997, Lopez was the forefront of the corporations news and entertainment conglomerate growth.



ABS-CBN Chairman Gabby Lopez turns over to Mark Lopez as Chairman/Photo credit to owner
In a speech issued to the shareholders of ABS-CBN, Lopez stressed that there should be young top figures in the company’s management. This is all due to the fact that,



“The demographic profile of the Philippines has always been biased toward the youth. Who better to assess the needs of our audience than like-minded young managers,” Lopez stated.

But despite leaving his thrown, Gabby still be around and will “not disappear into the woodwork”.

ABS-CBN Chairman Gabby Lopez turns over to Mark Lopez as Chairman/Photo credit to owner


ABS-CBN Chairman Gabby Lopez turns over to Mark Lopez as Chairman/Photo credit to owner
With his retirement at the doorstep, Lopez nominated his cousin Mark Lopez as the next chairman of the company and is expected to withhold the “fiduciary responsibility” that ABS-CBN takes with high regard.



Mark Lopez, having stayed with ABS-CBN for seven years and currently the being the chief technology officer, has been the key to the company’s modernization. The man who spearheaded the automated content creation and delivery, Lopez is the main cause of ABS-CBN’s shift to digital television.



Yet chairman emeritus stated, with regard to his retirement that,

I may be retired but I am not dead... At the end of the day, I can also take time out to just relax and watch the grass grow. Nobody who knows me will ever believe that is what I will do.”

Photo credit to news.abs-cbn.com
Duterte to Lopezes: If ABS-CBN promotes federalism, I'll shake hands with you/ Credits to Rappler

On another note, when Gabby Lopez was questioned about his retirement and its relation to current politics, the chairman emeritus stated that Mark Lopez was “identified as the successor as early as five years ago.”

The current political scenario being the ire of President Rodrigo Roa Duterte against media corporations and groups such as ABS-CBN and their failure to report news critically.









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Source: Inquirer

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ABS-CBN Chairman Emeritus Gabby Lopez Retires, Cousin Mark Lopez Taking Over Leadership Reviewed by Unknown on April 21, 2018 Rating: 5 ABS-CBN Chairman Gabby Lopez turns over to Mark Lopez as Chairman/Photo credit to Inquirer The 60 year old Chairman Emeritus, Eugeni...

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