BIZ BUZZ: A new Ang at Ginebra
Another member of the Ang family is stepping into the boardroom.
Jacob Paolo Ang, son of San Miguel Corp. (SMC) chair and CEO Ramon Ang, has secured a seat on the board of Ginebra San Miguel Inc., adding another corporate role to his growing portfolio.
In a disclosure on Wednesday, the liquor maker said the younger Ang was elected director on Nov. 4, filling the vacancy left by the death of Leo Alvez in September.
Jacob currently serves as president of SMC Asia Car Distributors Corp., a position he has held since November 2025.
He is also a director and chief planning officer of Velocita Motors Inc. and executive assistant to his father at San Miguel Corp., both since 2023.
A European Studies graduate of the Ateneo de Manila University, he also completed the university’s Leadership and Management Development Program in 2024. He owns 5,000 Ginebra shares.
The boardroom reshuffle did not end there.
Ginebra appointed Aurora Calderon to its Audit, Risk Oversight and Sustainability Committee, while John Paul Ang joined its Corporate Governance Committee and Executive Compensation Committee.
The company also ratified Cynthia Baroy’s appointment as general manager and named Ariel Victoria chief finance officer and treasurer, effective Nov. 4.
Meanwhile, shareholders have another reason to raise a glass: Ginebra declared a fourth-quarter cash dividend of P2.50 per common share, payable on Dec. 4 to stockholders on record as of Nov. 19.
With another Ang taking a seat at the table, the San Miguel family’s presence in the corporate boardroom continues to grow.
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