In a stock exchange filing on Tuesday, the P3-billion retail firm announced the resignation of acting president and chief operating officer Jacqueline B. Cano during a special board meeting on Oct. 21. She left due to “personal reasons.”
Taking her place is longtime Villar Group executive Magdalena G. De Guzman, who was appointed as the new acting president, chief operating officer, and director effective immediately.
Cano became the president of AllDay after Frances Coloma resigned last March 27 after being reassigned within the Villar Group.
De Guzman is a University of Santo Tomas graduate with a degree in AB Behavioral Science.
She started her career in real estate, rising from administrative head to operating head at Villar’s Vista Land & Lifescapes from 2001 to 2008.
After serving as purchasing head, she shifted to retail, leading merchandising at AllHome from 2015 to 2017.
She returned to Vista Land in 2018 as administrative group head and joined Villar’s PAVI Group in 2022, overseeing the purchasing group and the regulatory and compliance departments.
