Concepcion Industrial : Results of Organizational Meeting of Board of Directors
July 20, 2022 at 01:44 am
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SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
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) Jul 20, 20222. SEC Identification Number A1997-134563. BIR Tax Identification No. 005-029-401-0004. Exact name of issuer as specified in its charter Concepcion Industrial Corporation5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 308 Sen. Gil Puyat Ave., Makati City, PhilippinesPostal Code12098. Issuer's telephone number, including area code 877218199. Former name or former address, if changed since last report N/A10. 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
Common
407,263,891
11. Indicate the item numbers reported herein Items 4 and 9
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.
Concepcion Industrial Corporation CIC
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Organizational Meeting of the Board of Directors
Background/Description of the Disclosure
Results of the Organizational Meeting of the Board of Directors held on July 20, 2022
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Raul Joseph Concepcion
Chairman of the Board and President
822,140
202,020
Joy Cecilia R. Concepcion
Renna C. Hechanova-Angeles
Vice Chairman and Treasurer
3,327,816
0
Vice Chairman and Treasurer
Raul Anthony A. Concepcion
Vice Chairman
300,572
1,930,380
Vice Chairman
Rafael C. Hechanova, Jr.
Executive Vice President
3,408,894
0
Executive Vice President
Rajan Komarasu
Chief Finance and Operating Officer
51,800
0
Chief Finance and Operating Officer
Ma. Victoria A. Betita
Chief Strategy and Transformation Officer
38,978
0
Chief Strategy and Transformation Officer
Arazeli Malapad
Chief Audit Executive
0
0
Chief Audit Executive
Alberto Alfonso Albano
Head of Investor Relations
0
0
Head of Investor Relations
Omar C. Taccad
Chief Compliance Officer and Chief Legal Counsel
0
0
Chief Compliance Officer and Chief Legal Counsel
Jayson L. Fernandez
Corporate Secretary
0
0
Corporate Secretary
Roxanne Viel C. Santos
Assistant Corporate Secretary
0
0
Assistant Corporate Secretary
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Audit and Risk Oversight Committee
Cesar A. Buenaventura
Chairman and Independent Member
Audit and Risk Oversight Committee
Justo A. Ortiz
Independent Member
Audit and Risk Oversight Committee
Raissa C. Hechanova-Posadas
Member
Audit and Risk Oversight Committee
Ma. Victoria Herminia C. Young
Member
Corporate Governance, Nominations and Remuneration Committee
Cesar A. Buenaventura
Chairman and Independent Member
Corporate Governance, Nominations and Remuneration Committee
Justo A. Ortiz
Independent Member
Corporate Governance, Nominations and Remuneration Committee
Raul Joseph A. Concepcion
Member
Corporate Governance, Nominations and Remuneration Committee
Renna C. Hechanova-Angeles
Member
Executive Committee
Raul Joseph A. Concepcion
Chairman
Executive Committee
Renna C. Hechanova-Angles
Member
Executive Committee
Raul Anthony A. Concepcion
Member
Strategy and Investments Committee
Justo A. Ortiz
Chairman and Independent Member
Strategy and Investments Committee
Raissa C. Hechanova-Posadas
Member
Strategy and Investments Committee
Ma. Victoria Herminia C. Young
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
N/A
Other Relevant Information
Pleaser refer to the attached report.
Filed on behalf by:
Name
Omar Taccad
Designation
Vice President
Attachments
Original Link
Original Document
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Disclaimer
Concepcion Industrial Corporation published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 05:43:07 UTC.
Concepcion Industrial Corporation is a Philippines-based air conditioning and refrigeration company. The Company is a provider of home and business solutions. Its segments include consumer business and commercial business. The consumer business segment's products and related services include heating, ventilating and air conditioning (HVAC) for consumer use, domestic refrigeration products, laundry and kitchen appliances. Its consumer business has a network of distributors, dealers, retailers and technicians, who sell, install and service the Company's products primarily in the residential and light commercial segments. The commercial business segment's products and related services include HVAC as well as sales and service of elevators and escalators, primarily for commercial and industrial use. Its commercial business products are sold directly to end customers or through a network of accredited specialist contractors. Its brands include Carrier, CONDURA and OTIS, among others.