Robinsons Retail Holdings, Inc.: Lance Gokongwei Steps Down as Chairman and Director, Stanley Co Appointed as President & CEO

At the last meeting of the Board of Directors of Robinsons Retail Holdings, Inc. (RRHI) on July 25, 2024, the Board approved the following matters, which will be effective January 1, 2025: Lance Y. Gokongwei will step down as Chairman and as a Director of RRHI to assume the role of Board Adviser. Robina Gokongwei Pe will transition to the role of Chairman. She will likewise be the Chairman of the Remuneration, Nomination, and Succession Planning Committee. James L. Go will remain as Vice Chairman. Stanley C. Co will be a Director of RRHI and the President and Chief Executive Officer of RRHI. He will hold one (1) RRHI share by January 1, 2025. 

Robinsons Retail Appoints Stanley Co as President and CEO
 
Stanley Co has been with Robinsons Retail for 21 years, joining the Company's DIY Segment as Division Merchandise Manager in 2003 and appointed its Group General Manager in 2008. He was appointed Managing Director of the Food Segment on September 1, 2020 and Chief Operating Officer of Robinsons Retail on August 1, 2023. He earned a bachelor’s degree in Commerce from the University of Santo Tomas in 1998 and an MBA from De La Salle University in 2003.
 
Leading Robinsons Retail into a new, dynamic chapter is a tremendous honor and responsibility. I hope to continue building on our strong foundation as a trusted partner of choice as we unlock a future brimming with exciting possibilities and joyful shopping experiences,” said Co.
“With Stanley at the helm, drawing on his years of extensive experience and service to the Company, I am confident that Robinsons Retail will continue to deliver long-term value for our customers, partners, and the communities we serve. I would also like to thank Lance for his sterling example as Chairman, and I hope to fulfill his role as well as he has,” said Robina Gokongwei-Pe.
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“A commitment to continuous improvement and a dynamism to embrace change are key attributes of a good leader. Stanley embodies these qualities and his vision for Robinsons Retail aligns perfectly with the Company’s long-term goals. We, the Board of Directors, have no doubt that Stanley will usher in sustained growth and innovation for the Company. We thank Robina for her years of service as President and CEO, and look forward to her continued guidance as Chairman,” said Lance Y. Gokongwei.