In September 7, 2016, the Board of Directors of the Energy Development Corporation (EDC) conducted a one-day Board Strategy Meeting. The Board Strategy Meeting provided a venue for our directors to provide strategic direction and guidance. Highlights of the meeting are as follows: The Board: (1) affirmed the company’s mission and vision, (2) analyzed the present and future operating environment given the disruptions from coal, oil and solar energy sources, (3) assessed major opportunities for the company and its capability to capitalize on these opportunities, and (4) determined strategies to grow the company as the energy industry shifts to a new paradigm.
The 2016 Strategic Planning Session was attended by nine (9) members of the Board, including the Chairman/CEO Federico R. Lopez, President/COO Richard B. Tantoco and all of EDC’s Independent Directors.
(Update) For the current year, the Board of Directors conducted its Board Strategy Session on October 12, 2017. The following directors attended the meeting: Messrs. Federico R. Lopez, Richard B. Tantoco, Jonathan C. Russell, Joaquin E. Quintos IV, David Simon Luboff, David Andrew Baldwin, Christopher Low Eu Sun, and all independent directors, Messrs. Edgar O. Chua, Francisco Ed. Lim and Manuel I. Ayala. Also in attendance were Chairman Emeritus Oscar M. Lopez, Corporate Secretary Bernadette Ann V. Policarpio and Assistant Corporate Secretary Ana Maria A. Katigbak. Please click the link to view the certification on the conduct of the 2017 Board Strategy Meeting
Previous Board Strategy Retreat/Strategic Planning Session Certifications