Publicly listed company Globe Telecom, announced a major leadership update today in line with its forward-thinking approach and strengthening its leadership bench.
Globe President and CEO Ernest Cu, announced the appointment of Carl Raymond R. Cruz as Deputy CEO of Globe Telecom effective January 1, 2025. As Deputy CEO, he will be reporting directly to the CEO, managing the day-to-day activities of the company.
Cruz will be nominated to the position of President and CEO of Globe Telecom in the company's annual stockholders meeting (ASM) scheduled for April 2025. Until then, he will report to Cu who will continue as President and CEO of Globe Telecom until the 2025 ASM.
Going forward, it is envisioned that Mr. Cu will continue to hold Chairmanship for 917Ventures, Globe Fintech Innovations Inc. (Mynt) the holding company of GCash, Kickstart Ventures Inc., and STT GDC Philippines.
