STOCKHOLDERS of Manila Electric Co. (Meralco) will hold their annual meeting on May 31 to, among others, elect the members of the company’s 11-person board. All, except Napoleon Nazareno, are nominees for re-election.

Nazareno retired on Dec. 31, 2015 as president of Philippine Long Distance and Telephone Co. (PLDT), which also belongs to the group of local companies controlled by Indonesian-owned First Pacific Co. Ltd.