Shakey's Pizza Asia Ventures, Inc. Announces Executive Appointments
June 20, 2019 at 12:37 am
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Shakey's Pizza Asia Ventures, Inc. at its organizational board meeting held on June 20, 2019, elected Jorge Q. Concepcion as General Manager and Marvin Q. Da Silva as Vice President, International Business. The company also approved committees and membership: Audit Committee: Fernan Victor P. Lukban - Chairman, Ricardo Gabriel T. Po - Member and Paulo L. Campos, III - Member. Corporate Governance Committee: Paulo L. Campos, III - Chairman, Fernan Victor P. Lukban - Member and Ricardo Gabriel T. Po - Member. Board Risk Oversight Committee: Frances J. Yu - Chairman, Fernan Victor P. Lukban - Member and Ricardo Gabriel T. Po - Member. Related Party Transactions Committee: Paulo L. Campos, III - Chairman, Fernan Victor P. Lukban - Member and Ricardo Gabriel T. Po - Member.
Shakey's Pizza Asia Ventures Inc. is a Philippines-based company, which is engaged in a chained pizza full-service restaurant, a chained full-service restaurant, and chained kiosks. The Companyâs segments include restaurant sales, franchise and royalty fees, and commissary sales. The restaurant sales segment is engaged in restaurant activities and the sale of merchandise and equipment to franchisees. The Franchise and royalty fees segment represents payment of sub dealers for the use of the Shakeyâs, Peri-Periâs, and Potato Corner brands. The Commissary segment comprises third party sales other than activities. The Company operates approximately 300 stores. Its brands include Shakey's Pizza Parlor, Peri-Peri Chicken Charcoal Chicken and Sauce Bar, Potato Corner, Project Pie, R&B Team, and Bakemaster Inc. Shakey's Pizza Parlor owns and operates Company-owned stores as well as franchises the brand, enabling the Company to branch out to second- and third-tier cities.