IF the public were to look at the corporate organizations of listed companies, they would not find any that has more than one president. A chairman of the board who, of course, is an elected director, could also be appointed by the board as CEO.
For instance, Eduardo Cojuangco Jr. is chairman and CEO of San Miguel Corp. since July 7, 1998 while Ramon Ang is the vice chairman since Jan. 28, 1999 and president and chief operating officer since March 6, 1998.
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