A DAY after it was first reported, flag carrier Philippines Airlines (PAL) confirmed on Tuesday that its President and Chief Operating Officer Jaime J. Bautista was retiring and that Executive Vice President Vivienne K. Tan would replace him as officer in charge.
In a statement, the listed airline said its Chairman and Chief Executive Officer Lucio C. Tan, as well as members of the board of directors, have accepted Bautista’s decision to leave the firm to spend more time with his family.
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