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                    [ArticleID] => 91211
                    [Title] => PNOC, SBMA execs to get salary cuts
                    [Summary] => The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials.


PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the company and all subsidiary corporations will undergo pay rationalization in compliance with President Arroyo’s orders.


The PNOC’s largest subsidiary, the Energy Development Corp. (EDC), became controversial recently when it was reported that Sergio Apostol, its chairman, president and CEO, earns P7.3 million annually.


                    [DatePublished] => 2001-07-06 00:00:00
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                    [ArticleID] => 97587
                    [Title] => PNOC, SBMA execs to get salary cuts
                    [Summary] => The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials.


PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the company and all subsidiary corporations will undergo pay rationalization in compliance with President Arroyo’s orders.


The PNOC’s largest subsidiary, the Energy Development Corp. (EDC), became controversial recently when it was reported that Sergio Apostol, its chairman, president and CEO, earns P7.3 million annually.


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EDUARDO MAXINO

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                    [ArticleID] => 91211
                    [Title] => PNOC, SBMA execs to get salary cuts
                    [Summary] => The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials.


PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the company and all subsidiary corporations will undergo pay rationalization in compliance with President Arroyo’s orders.


The PNOC’s largest subsidiary, the Energy Development Corp. (EDC), became controversial recently when it was reported that Sergio Apostol, its chairman, president and CEO, earns P7.3 million annually.


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                (
                    [ArticleID] => 97587
                    [Title] => PNOC, SBMA execs to get salary cuts
                    [Summary] => The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials.


PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the company and all subsidiary corporations will undergo pay rationalization in compliance with President Arroyo’s orders.


The PNOC’s largest subsidiary, the Energy Development Corp. (EDC), became controversial recently when it was reported that Sergio Apostol, its chairman, president and CEO, earns P7.3 million annually.


                    [DatePublished] => 2001-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
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)

abtest

PNOC, SBMA execs to get salary cuts

July 6, 2001 - 12:00am

The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials. PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the...

Headlines

PNOC, SBMA execs to get salary cuts

July 6, 2001 - 12:00am

The Philippine National Oil Co. (PNOC) announced yesterday that it will reduce the salaries of its senior officials. PNOC president Thelmo Cunanan, in a statement, said employees occupying senior positions in the...

Headlines