PT&T CORP. said its board of directors has approved the appointment of Jeffrey E. Julian as acting president.
In a regulatory filing on Thursday, PT&T said Angel S. Mercado, the corporate’s acting president, chief revenue officer, and senior vice-president, will step down effective Feb. 15, citing personal reasons.
With this, the corporate named Mr. Julian, its current vice-president and chief technical officer, as acting president while the board finalizes the collection of a brand new president and chief executive officer.
Mr. Julian will concurrently retain his roles as vice-president and chief technical officer, PT&T said, adding that he’ll function acting president until the corporate’s annual stockholders’ meeting on June 26 or until a brand new president is appointed by the board.
He has served as PT&T’s vice-president since June 2019 and leads the corporate’s technical operations, specializing in innovation and end-to-end project delivery.
Mr. Julian also led the corporate’s modernization project, including a backbone upgrade that strengthened PT&T’s network capabilities. The upgrade included a complete cable length of 156 kilometers, translating to greater than 8,000 fiber kilometers of capability.
Incorporated in 1962, PT&T serves corporate, small and medium businesses, and residential customers.
The corporate is preparing to return to trading on the Philippine Stock Exchange after a voluntary suspension in December 2004 as a result of financial and reporting challenges. — Ashley Erika O. Jose