While nothing has been finalized, an insider hinted that Perez—once seen as the frontrunner to succeed outgoing MPTC CEO and former Public Works Secretary Rogelio “Babes” Singson by the end of this month—may not be guaranteed to get the role.
We’re told that some leaders at the tycoon Manuel V. Pangilinan-led group suggested Perez might be a better fit elsewhere and that a more seasoned executive was needed to head the multinational toll road giant.
This is crucial as MPTC navigates delicate merger talks with San Miguel Corp. to combine their toll road assets in a bid to establish one of the country’s largest infrastructure companies.
While Perez had already left CIAC, he could join MPTC’s other affiliates involved in power, healthcare, and water.
This would leave MPTC with an unclear succession plan, but insiders aren’t worried.
After all, a reliable and highly experienced executive is ready to fill any leadership vacuum: Pangilinan himself, who is always prepared to step in and expand his already broad management portfolio.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
