Eugenio Lopez III
| Eugenio L. López III | |
|---|---|
 |
|
| Born |
Eugenio Gabriel L. López III August 13, 1952 Manila, Philippines |
| Residence | Manila |
| Alma mater | Bowdoin College Harvard Business School |
| Occupation |
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| Net worth |
 US$90 million (2011) |
| Spouse(s) | Panjee Gonzales |
| Children | Sarah López Weston Eugenio López IV Santiago López Andrés López |
| Parent(s) |
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| Website | corporate |
Eugenio Gabriel "Gabby" L. López III, (born August 13, 1952), is the current chairman of ABS-CBN Corporation, the largest entertainment and media conglomerate in the Philippines, with investments primarily in television, radio, cable telecommunications, and film production. He is also director and treasurer of López Holdings Corporation (formerly Benpres Holdings Corporation).
López became the chairman and chief executive officer of ABS-CBN Broadcasting Corporation in 1996, when his father, the late Eugenio “Geny” M. López, Jr. turned over the reins of the family-owned company to the younger López, who had been president of the company from 1993 to 1996. Gabby, being the eldest child, was being groomed by his father to be his heir apparent just like what his late grandfather did to his father then. His mother, Conchita "Chita" La'O was one of the daughters of the wealthy Chinese-Filipino La'O family of Manila, whose other daughter married into the city's old Manotoc clan (making her an aunt of , a former basketball coach, golfer and former husband of Imee Marcos, the eldest daughter of President Ferdinand Marcos).
López has four children: a daughter living in London; son Eugenio Manuel G. López IV, living in California, and two younger sons, Santiago and Andrés, who live in Manila.
ABS-CBN has enjoyed network supremacy since its founding in 1953, apart from the years 1972 to 1986, when the company and all its affiliates were wrested from the Lopezes by the Marcos government. During this period and following his education, Gabby was employed at the now defunct Crocker National Bank, where he served as Assistant Vice President in the bank's back-office processing area. He had an undistinguished banking career in the United States while waiting for work in his family's media and utility interests in the Philippines.
When control of the company was restored by the Aquino administration in 1986, Gabby López was given a job by his father and started with ABS-CBN as Director of Finance. He was appointed General Manager a year later and the network regained its supremacy shortly after.
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Wikipedia