Latest PetroEnergy Resources News
Jul 31, 2021
42 seconds ago Bilyonaryo Helen Yuchengco Dee has added a global executive to beef up the board of Petroenergy Resources Corp. Maria Mercedes Corrales has been elected as an independent director of PetroEnergy Resources Corp. (PERC) during its annual stockholders’ meeting on July 29. She replaced Basil Ong who has been on the board since 2011. Corrales is one of the most successful graduates of the Yuchengco-owned Mapua Institute of Technology. She rose from the ranks to become a top executive of Levi Strauss Japan (president/representative director) and Starbucks Coffee Japan (CEO/COO/representative director), one of the first non-Japanese women to lead two publicly-listed firms in Japan. Corrales also served as general manager of Levi’s operations in the Philippines Malaysia, Singapore, Indonesia, Japan, China, South Korea, Brazil, and Argentina. Corrales used to be a director of RCBC Savings Bank before Yuchengco merged it with Rizal Commercial Banking Corp, in 2020 Aside from Yuchengco and Corrales, the other members of the PERC board are Yvonne Yuchengco, Milagros V. Reyes, Cesar Buenaventura, Eliseo Santiago, and Lorenzo Tan.