Inquirer
Lucio Tan grandson lands key post in PAL Holdings in pivotal period
Lucio C. Tan III, grandson of PAL Holdings Chairman Lucio C. Tan, has been appointed as vice-president of PAL Holdings, Inc.
The board of directors approved the appointment during their meeting on May 26, 2021.
This appointment occurs as PAL Holdings, the operator of Philippine Airlines, reportedly considers bankruptcy protection.
Lucio C. Tan III has a significant background, having served as a director for various companies under the LT Group since December 2019.
He currently holds the position of President and CEO of Tanduay Distillers, Inc. and has been a director of MacroAsia Corp. since December 2019.
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