BY NEIL RAMOS
Eugenio “Gabby” Lopez III resigned as chairman emeritus and director of ABS-CBN Corp. Thursday citing “personal reasons.”
Lopez also resigned as director of ABS-CBN Holdings Corp., Sky Vision Corp., Sky Cable Corp., First Philippine Holdings Corp., First Gen Corp., and Rockwell Land Corp. “effective immediately.”
In a statement the Board of Directors of ABS-CBN Corp. thanked Lopez for his “dedication and leadership in expanding and transforming ABS-CBN beyond television through the years.”
“Just like his father, Eugenio ‘Kapitan Geny’ Lopez Jr., Gabby is a visionary and a compassionate leader driven by his love for the Philippines and the Filipino people. He would always tell the men and women of ABS-CBN that being a part of the network is not a job, but a calling.
“We respect his decision, offer him our full support, and express our sincerest gratitude for the tradition of innovation, nationalism, and public service that he cultivated in the minds and hearts of all Kapamilyas, past and present.
“We shall continue the journey that he and his father began as we remain in the service of the Filipino.”
Elected as Lopez’ replacement is Mario Luza Bautista, who, prior, served as general counsel and a member of the Board of Advisors of ABS-CBN Corp.
