Lucio Tan daughter takes over PAL as Bautista retires

ABS-CBN News

Posted at Jun 18 2019 04:44 PM | Updated as of Jun 18 2019 05:53 PM

A Philippine Airlines jet is shown at the Manila airport tarmac in this file photo. The Philippine Daily Inquirer reported on June 19, 2019 that CEO and tycoon Lucio Tan's daughter, Vivienne, was named officer-in-charge of the flag carrier after the retirement of president and COO Jaime Bautista. Jonathan Cellona, ABS-CBN News/File

MANILA - Philippine Airlines on Tuesday confirmed that owner Lucio Tan's daughter Vivienne Tan, will be heading the company as officer-in-charge as PAL president and chief operating officer Jaime Bautista retires. 

In a statement, the company said the elder Tan, who sits as the company's chairman and CEO had accepted Bautista's retirement. 

Vivienne Tan is currently PAL's executive vice president, treasurer, and chief administrative officer. 

"She holds a double degree in mathematics and computer science from the University of San Francisco, as well as a postgraduate Diploma in Fashion Design and Manufacturing Management from the Fashion Institute of Design and Merchandising in Los Angeles, USA," PAL said. 

Vivienne has worked at PAL in various capacities since 2011. She also sits in the boards of the the LT Group, Philippine National Bank, Eton Properties, Dynamic Holdings, University of the East, and UERMMMC.

The leadership change in PAL was earlier reported by the Philippine Daily Inquirer, but PAL Holdings said it could neither confirm nor deny this. 

PAL meanwhile assured its customers, business partners and employees that it would be "business as usual" for the flag carrier.