Leadership transition: Robina Gokongwei to step down as CEO of Robinsons Retail

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Leadership transition: Robina Gokongwei to step down as CEO of Robinsons Retail
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Gokongwei-Pe, 63, will relinquish her top post in over 5 months to 47-year-old UST alumnus Stanley Co

This is AI generated summarization, which may have errors. For context, always refer to the full article.

As the Gokongwei’s Robinsons Malls was growing in the nineties, an urban legend went around about a “half-human, half-snake creature” – supposedly Gokongwei-Pe’s “twin” – that stalked shoppers in the ladies’ dressing rooms of Robinsons Galleria in Ortigas. She would shoot down the story in 1991, saying she would give the mall to whoever could show the creature.

Replacing Gokongwei-Pe by next year is Stanley Co, 47, a Gen X who assumed the role of COO last August 2023. It also has under its wing international brands such as Handyman Do it Best, True Value, Toys “R” Us, Daiso Japan, Pet Lovers Centre, and No Brand, and beauty brands Benefit, Shiseido, and Clé de Peau Beaute. Robinsons Retail, with 21 subsidiaries, had 2,393 stores combined as of end of 2023.

Her brother Lance said: “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.

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