LBC Express' (PSE:LBC) chairman, president, and chief executive officer, Miguel Angel A. Camahort will retire, effective Oct. 1.
The board appointed Enrique V. Rey as President and CEO to serve the remainder of Camahort's term, according to a Wednesday Philippines Exchange filing.
Rey will step down as Chief Finance Officer upon assuming his new roles. Rosalie H. Infantado was named CFO, effective the same date.
Meanwhile, Rene E. Fuentes has been appointed Chairman of the board, the courier services and logistics company said.