Ginebra San Miguel

Our Company > Heritage and Culture

Ginebra San Miguel, Inc. or commonly known as GSMI, grew out of a family-owned Spanish era distillery which, in 1834, introduced what was to become the company's flagship brand and the largest selling, first ever Philippine gin in the world – Ginebra San Miguel.

GSMI has since evolved from being a solely gin-driven business into a progressive and dynamic organization whose strength lies in the proud heritage of its flagship product, its extensive experience in alcohol production and distribution, and the never-say-die spirit of its workforce. The company continues to adopt to the ever-changing preferences of its markets, providing more value-for-money options through its growing line of world-class hard liquor and healthy beverages.

With the support of its parent company – San Miguel Corporation, Ginebra San Miguel, Inc. boldly looks to the future propelled by its vision of becoming a diversified beverage company in the Asian region.

GSMI CORPORATE GOVERNANCE
The Board of Directors, management, officers and employees of Ginebra San Miguel Inc. (the "Company") are committed to the highest standards of values and professionalism throughout the organization. This includes a commitment to comply with international best practices in corporate governance matters.

Being a majority-owned subsidiary of San Miguel Corporation (the "SMC"), the Company has adopted a Manual on Corporate Governance (the "Manual") closely patterned after that of its parent company. On March 30, 2010, the Board of Directors of the Company (the "Board") amended its Manual in compliance with the Revised Code of Corporate Governance issued by the Securities and Exchange Commission (the "SEC") under its Memorandum Circular No. 6, Series of 2009.

The Company continues to review and strengthen its policies and procedures, giving due consideration to areas which, in the best interests of the Company and its stockholders, need further improvement.

MANUAL ON CORPORATE GOVERNANCE

CERTIFICATION OF COMPLIANCE

CORPORATE STRUCTURE

The Board is primarily responsible for promoting the Company's long-term growth and success. The nine Board members, each elected by the stockholders during Annual General Stockholders' Meetings (AGSM), hold office for one year until qualified successors are elected vice their positions in accordance with the Company's amended by-laws.

Chairman & CEO

EDUARDO M. COJUANGCO, JR.

Vice- Chairman

RAMON S. ANG

President

BERNARD D. MARQUEZ

Board Members

FERDINAND K. CONSTANTINO

LEO S. ALVEZ

ROBERTO V. ONGPIN

GABRIEL S. CLAUDIO

MINITA V. CHICO-NAZARIO

ANGELINA S. GUTIERREZ

The Company currently has two independent and non-executive directors in the Board namely, Mr. Carlos Palanca III and Mr. Carmelo L. Santiago. The Independent Director, apart from his fees and shareholdings, has no business or relationship with the Corporation, which could, or could not reasonably be perceived to, materially interfere with the exercise of his independent judgment in carrying out his responsibilities as a director.

The Chairman of the Board and Chief Executive Officer (CEO) is Mr. Eduardo M. Cojuangco, Jr. while Mr. Bernard D. Marquez is the President. These positions are held by two separate individuals with their respective roles clearly defined to ensure independence, accountability and responsibility in the discharge of their duties.