Robinsons Retail Holdings Inc. (RRHI), the retail arm of the Gokongwei Group, named long-time executive Stanley Co as its president and chief executive effective Jan. 1, 2025.
Co will take over the post to be vacated by Robina Gokongwei-Pe, who will become RRHI chairman.
Lance Gokongwei, the chairman and member of the board of RRHI, will step down to assume the role of board adviser, the company said in a disclosure to the stock exchange Friday.
“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.
Co has been with RRHI for 21 years, joining the company’s DIY segment as division merchandise manager in 2003 and served as group general manager in 2008.
He was appointed managing director of the food segment on Sept. 1, 2020 and chief operating officer on Aug. 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.
“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 Gokongwei-Pe.
Gokongwei-Pe was first appointed president and COO in 1997. She has been the president and CEO since 2018.
“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 Gokongwei.
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