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Dennis Uy quits as president of media unit Dito CME Holdings

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2020/news/08/14/20190307-business-dennis-uy-forum-industry-makati-trade-udenna-corp-jc-2955.jpg"/><figcaption>Udenna Corp Chairman and CEO Dennis Uy at the sidelines of the forum attended by Malaysian Prime Minister Mahathir Mohammed at the Makati, Shangri-La, March 07, 2019. <em>Jonathan Cellona, ABS-CBN News/File</em></figcaption></figure></div><p>MANILA - Businessman Dennis Uy resigned as the president of media and entertainment company Dito CME Holdings Corp effective Aug. 16, the company said Friday.</p><p>The board of directors approved the Davao-based businessman&#x27;s resignation and appointed Ernesto R. Alberto as replacement, Dito CME Holdings Corp said in a disclosure to the stock exchange.</p><p>Uy remains as the chairman and CEO of Dito CME Holdings, it said.</p><p>&quot;Considering that Mr. Uy continues to hold the position of Chairman, the change shall foster an appropriate balance of power, increased accountability, and better capacity for independent decision-making,&quot; the statement said.</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Dennis Uy resigned as president of DITO CME Holdings. Ernesto Alberto was appointed as new president, replacing Uy. <a href="https://twitter.com/ABSCBNNews?ref_src=twsrc%5Etfw">@ABSCBNNews</a> <a href="https://t.co/RXdIBDWMY3">pic.twitter.com/RXdIBDWMY3</a></p>— Jessica Fenol (@JessFenol) <a href="https://twitter.com/JessFenol/status/1294099850082967552?ref_src=twsrc%5Etfw">August 14, 2020</a></blockquote><div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script></div><p>DITO CME, a communications &amp; media entertainment company, will own indirect interest in third telco DITO Telecommunity once regulatory approvals are obtained. DITO Telecommunity is the holder of the government franchise, DITO CME Chief Operating Officer Donald Lim earlier said.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/07/28/20/dennis-uy-media-unit-says-plans-to-deliver-entertainment-other-services">Dennis Uy media unit says plans to deliver entertainment, other services</a></li></ul>

<p>Businessman Dennis Uy resigned as the president of media and entertainment company Dito CME Holdings Corp, the company said Friday.</p>

Businessman Dennis Uy resigned as the president of media and entertainment company Dito CME Holdings Corp, the company said Friday.