What: Robinsons in the Philippines appoints new CEO.

Why it is important: the new CEO has risen from the ranks rather than coming from outside.

Robinsons Retail Holdings, Inc. has announced significant changes in its leadership structure effective January 1, 2025. Stanley Co will assume the role of president and CEO, succeeding Robina Gokongwei-Pe, who will transition to chairman of the board. This shift follows Robina Gokongwei-Pe's tenure as president and CEO since 2018, during which she will replace Lance Gokongwei. Lance Gokongwei will then take on the role of board adviser. James Go will continue in his role as vice chairman.

Stanley Co, who is set to join the board, brings over two decades of experience within the company, starting from his initial role as division merchandise manager in the DIY Segment in 2003, to group general manager in 2008. His leadership extended to managing director of the Food Segment in 2020, and he became chief operating officer in 2023.

Philippines’ Robinsons appoints new CEO