CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Aug 13, 2024
2. SEC Identification Number
PW-55
3. BIR Tax Identification No.
000-488-793
4. Exact name of issuer as specified in its charter
PLDT Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Ramon Cojuangco Building, Makati Avenue, Makati CityPostal Code1200
8. Issuer's telephone number, including area code
(632) 8250-0254
9. Former name or former address, if changed since last report
Not Applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
-
-
11. Indicate the item numbers reported herein
-
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
PLDT Inc.TEL
PSE Disclosure Form 4-8 - Change in Directors and/or Officers (Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Resignation of a Director, Election of a Director, and Appointment of an Officer.
Background/Description of the Disclosure
We disclose that at the meeting of the Board of Directors of PLDT Inc. (respectively, the “Board” and the “Company”) held on August 13, 2024:
a. The Board accepted the resignation of Mr. Naoki Wakai as director of the Company, effective at the close of business on August 12, 2024. The Board expressed its gratitude to Mr. Wakai for his invaluable contribution and wished him continued success in his other endeavors.
The resignation of Mr. Wakai is not expected to have any significant impact on the Company’s current or future operations, financial position or results of operations.
b. As recommended by the Governance, Nomination and Sustainability Committee which conducted the screening process and determined that director-nominee Mr. Kazutoshi Shimizu possesses all the qualifications and has none of the disqualifications for directorship, the Board elected Mr. Kazutoshi Shimizu as director of the Company to hold office effective immediately and for the unexpired term of his predecessor in office, Mr. Naoki Wakai.
Mr. Shimizu is the Vice President of Global Strategy and Corporate Planning of NTT Communications Corporation (“NTT Com”). He has played a pivotal role in the global business expansion of NTT Com during the last decade. He also held a senior position at the Global Business Office of NTT Holdings Company and had contributed to the growth of the NTT Group. Mr. Shimizu also served as the Vice President of NTT Com’s Smart World Business from 2022 to 2024 and as a director of NTT Com’s Global Business Office from 2011 to 2022.
Mr. Shimizu graduated with a Bachelor’s Degree in Mechanical Engineering from the University of Tokyo (1998), and holds a Master’s Degree in Mechanical Engineering from the University of Tokyo (2000), and a Master’s Degree in Business Administration from the University of London School of Business (2007).
c. The Board approved the appointment of Mr. Andrew T. Atienza as First Vice President/Head of Supply Chain Management, effective July 16, 2024.
Mr. Atienza has almost 30 years of experience in the areas of supply chain planning, and procurement, administration, and materials management. Prior to Mr. Atienza’s appointment as First Vice President/Head of Supply Chain Management of the Company, he was the First Vice President/Head of Supply Chain Management of Smart Communications, Inc.
Mr. Atienza graduated with a Bachelor of Science Degree in Commerce-Marketing from the Far Eastern University.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Naoki Wakai
Director
Aug/12/2024
Voluntary Resignation
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)
PLDT Inc.TEL