By Jordeene Sheex Lagare – August 2, 2018
from The Manila Times
FORMER Energy Secretary Carlos Jericho Petilla and Carlos Jose Gatmaitan have stepped down as independent director and chairman, respectively, of listed MRC Allied Inc. which added renewable energy (RE) to its portfolio last year. Gatmaitan was replaced by MRC Allied Vice Chairman Jimmy Yaokasin. The board of directors accepted the resignation of Petilla and Gatmaitan who vacated their respective posts for personal reasons. During their meeting on Wednesday, the board also elected Bernardo Galang as independent director and James Velasquez as regular directors.