Robinsons Retail board revamps management

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GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) announced on Friday that its board had approved a management reorganization set to take effect on January 1 next year.

Lance Gokongwei will be stepping down as chairman, with sister Robina Gokongwei-Pe taking over the position, while current Chief Operating Officer Stanley Co will replace Gokongwei-Pe as president and chief executive officer (CEO).

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