Emeterio Sd. Perez
VICTORIAS Milling Co. (VMC) must be on its way to recovery, because as its shares’ price soared from an average of P1.297 in 2012 to P4.14 on February 25, 2014 for a huge increase of P2.834 per share, it has been rewarding more of its executives. In 2012, when it had only top four highest paid executives, it paid them as a group salary of P16.46 million and bonus of P2.63 million, for a total of P19.08 million.