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nufnang

nuffnang

Tuesday, October 4, 2011

DID YOU KNOW? GMA'S CHIEF FINANCIAL OFFICER CAME FROM ABS-CBN!

Yalong is the third leg of the tripod that keeps GMA standing. The two others, of course, are chair Felipe L. Gozon and president Gilberto R. Duavit Jr.

Like many of the Philippines’ movers and shakers, Yalong was a “graduate” of SGV & Co., the country’s top accounting firm. One of his closest friends there was Jaime J. Bautista, the current president and chief operating officer (COO) of flag carrier Philippine Airlines (PAL).


From the rival

He has been with the company since 2002 and aside from being in charge of finances, he also sits on the company’s board of directors. In 2010, GMA 7 posted a net profit of about P3 billion, so Yalong and the rest of the management team must be doing something right.

But before helping steer GMA into the behemoth that it is today, Yalong, like many in the industry, started out with the rival company, ABS-CBN.

“I got an invitation from Geny Lopez to join ABS-CBN. I started out as comptroller, and my boss at the time was Gaby Lopez, who was finance director,” Yalong says in a recent interview with the Inquirer.

“I saw how ABS-CBN grew. I was there when they became number 1,” he says. His apprentice at the time was, not surprisingly, Rolando Valdehueza, ABS-CBN’s current CFO.

He recounts how ABS-CBN reaped the benefits of the end of Martial Law in more ways than most people at the time.

When leading networks’ IBC 13 and RPN 9 were sequestered, the leading TV programs at the time had but one place to move to: ABS-CBN.

This, together with a sparkling initial public offering (IPO), gave ABS-CBN the content and resources it needed to climb to the top of the country’s television industry.

“For some time, ABS-CBN monopolized the industry. They controlled close to 70 percent of the market,” Yalong says.

Like all good things though, his stint with ABS-CBN had to end. He left the company after a decade and, as a courtesy to his boss the late Geny Lopez, Yalong refused to take a job at other broadcast companies, despite several requests.

15 comments:

Anonymous said...

Breaking NEWS!!!

GMA PINOY TV! NAGSHUTDOWN NA SA CANADA!!! NXT COUNTRY TO SHUTDOWN IS MIDDLE EAST!!! BALITANG BALITA NA TATANGGALIN NA RIN NG ORBIT ANG PINOY TV DAHIL SA HINDI RIN PAGBABAYAD NG FEE. ANO BA YAN GMA MAGBAYAD NA KAU!!! KALA KO BA MAYAMAN KAYO!!!

Anonymous said...

Anonymous Anonymous said...

Breaking NEWS!!!

GMA PINOY TV! NAGSHUTDOWN NA SA CANADA!!! NXT COUNTRY TO SHUTDOWN IS MIDDLE EAST!!! BALITANG BALITA NA TATANGGALIN NA RIN NG ORBIT ANG PINOY TV DAHIL SA HINDI RIN PAGBABAYAD NG FEE. ANO BA YAN GMA MAGBAYAD NA KAU!!! KALA KO BA MAYAMAN KAYO!!!

_____

weeh nandito na naman ang DEMONYO

Anonymous said...

Anonymous Anonymous said...

Breaking NEWS!!!

GMA PINOY TV! NAGSHUTDOWN NA SA CANADA!!! NXT COUNTRY TO SHUTDOWN IS MIDDLE EAST!!! BALITANG BALITA NA TATANGGALIN NA RIN NG ORBIT ANG PINOY TV DAHIL SA HINDI RIN PAGBABAYAD NG FEE. ANO BA YAN GMA MAGBAYAD NA KAU!!! KALA KO BA MAYAMAN KAYO!!!

__________________

BREAKING NEWS:

ABS CBN TFC NOW EXCLUSIVELY AVAILABLE IN EVIL SATELLITE TV.
NAKA HD PA ANG TFC DYAN.

PWEDE MO PA MA CONVERT INTO 3D.

KAYA SUBSCRIBE NA MGA KAPAMILYUCKZ

Anonymous said...

Anonymous Anonymous said...

Breaking NEWS!!!

GMA PINOY TV! NAGSHUTDOWN NA SA CANADA!!! NXT COUNTRY TO SHUTDOWN IS MIDDLE EAST!!! BALITANG BALITA NA TATANGGALIN NA RIN NG ORBIT ANG PINOY TV DAHIL SA HINDI RIN PAGBABAYAD NG FEE. ANO BA YAN GMA MAGBAYAD NA KAU!!! KALA KO BA MAYAMAN KAYO!!!

October 4, 2011 9:32 AM

**********************

Teh naghihintay na ang matandang Canadian sa room niya. Punasan mo na puwet niya. Baka mahuli ka boss mo kaka internet mo dyan.

Anonymous said...

halata naman eh, kai di nakabayad ng tax tapos di nakapag renew sa NTC, tapos ngaun? di na den nakakapagbayad ng fee nito? ano pa ba susunod?

Anonymous said...

Anonymous Anonymous said...

halata naman eh, kai di nakabayad ng tax tapos di nakapag renew sa NTC, tapos ngaun? di na den nakakapagbayad ng fee nito? ano pa ba susunod?

October 4, 2011 9:47 AM

_____

as if naman walang pending case sa BIR ang ABS CBN ngayon.

Anonymous said...

^ alam ko, pero ang gma? sa BIR? ano pa NTC? tapos eto na naman? ano pa susunod?

akala ko b number 1?

Anonymous said...

Teh naghihintay na ang matandang Canadian sa room niya. Punasan mo na puwet niya. Baka mahuli ka boss mo kaka internet mo dyan.

_

mas malaki naman ang kita kung magpunas ng pwet kesa mangalkal ng basura no? ubusin mo basura na kamuning ah? lahatin mo na din, para malaki laki kita, porket nasa canada ung taong nag comment na yan, caregiver na, kita mo?

Anonymous said...

kahit pala noong wala ang abs-cbn hindi din nag no 1 ang GMA.

kasi sabi sa article IBC 13 at RPN anf leading.

Anonymous said...

mas malaki naman ang kita kung magpunas ng pwet kesa mangalkal ng basura no? ubusin mo basura na kamuning ah? lahatin mo na din, para malaki laki kita, porket nasa canada ung taong nag comment na yan, caregiver na, kita mo?

_______

What do u expect TOP MODEL KA SA CANADA.

Nakatungtung ka lang sa CANADA taas na tingin sa sarili mo.
Sa komento mo nga parang ang tingin mo sa mga pinoy dito sa pinas sobrang hirap na.

pweeee.

Anonymous said...

Anonymous Anonymous said...

^ alam ko, pero ang gma? sa BIR? ano pa NTC? tapos eto na naman? ano pa susunod?

akala ko b number 1?

_____

Teh Kapams meron pa ang LABOR DEPARTMENT CASE nyo.
Kamusta na pala iyon

Anonymous said...

What do u expect TOP MODEL KA SA CANADA. Nakatungtung ka lang sa CANADA taas na tingin sa sarili mo. Sa komento mo nga parang ang tingin mo sa mga pinoy dito sa pinas sobrang hirap na. pweeee.

___

natamaan ba? haha... tanga sino kaya ang unang nangalipusta?

Sa komento mo nga parang ang tingin mo sa mga pinoy sa canada taga punas n ng pwet pweeee. ano talbog ba? wag kasing comment ng comment ah? na alam mong babalik den sau haha... loser kanguso oh? kalkal na hah..

Anonymous said...

Teh Kapams meron pa ang LABOR DEPARTMENT CASE nyo. Kamusta na pala iyon

___

balik na naman sa labor case?

oh cge, kamusta ung BIR? kamusta den ang RENEWAL sa NTC? kamusta den ung pending case den about sa labor nito kung saan binawiaan ng retirment, etc... fun, illegal dismsal ng employe? kala wala deng case ang gmeww haha...

banat ka pa?

Anonymous said...

^*fund

Anonymous said...

nag-research ako, meron pa naman Pinoy TV sa Rogers pero naka package sya with FTV. Ang TFC naka categorized as Individual Channel. Mas bongga ang TFC dahil individual sya kesa sa packaged na PTV at FTV.

KPOP

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