Eugenio Lopez III

Eugenio L. López III
Born	Eugenio Gabriel L. López III (1952-08-13) August 13, 1952 Manila, Philippines
Residence	Manila
Alma mater	Bowdoin College Harvard Business School
Occupation	Chairman Emeritus of ABS-CBN Corporation Vice chairman of Lopez Holdings Corporation Director of First Gen Corporation, First Philippine Holdings Corporation, Sky Vision Corporation Chairperson, ABS-CBN Lingkod Kapamilya Foundation Chairman of Sky Cable Corporation Board of Directors of INAEC Aviation Corporation
Net worth	US$90 million (2011)[1]
Spouse(s)	Panjee Gonzales
Children	Sarah López Weston Eugenio López IV Santiago López Andrés López
Parent(s)	Eugenio López, Jr. Conchita La'O
Website	corporate.abs-cbn.com/about-us/our-leadership

Eugenio Gabriel "Gabby" L. López III, (born August 13, 1952), is the chairman emeritus of ABS-CBN Corporation, the largest entertainment and media conglomerate in the Philippines. He is also director and treasurer of López Holdings Corporation (formerly Benpres Holdings Corporation).

Biography

López became the chairman and chief executive officer of ABS-CBN Broadcasting Corporation in 1996. He was president of the company from 1993 to 1996. 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 Tommy Manotoc, 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 Lópezes by the Marcos government. During this period and following his education, López employed at the 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, López started with ABS-CBN as Director of Finance. He was appointed General Manager a year later and the network regained its supremacy shortly after.

Under his leadership, ABS-CBN enjoyed steady growth, while aggressively pursuing diversification. These include interactive media, sound recording, post-production, international cable and satellite distribution, sports programming and licensing and merchandising.

A visionary, he created the López Communications Group (CommGroup) in 1997. CommGroup is the management committee that oversees the development and implementation of convergence strategies for ABS-CBN, BayanTel, Sky Cable, and the López Group's investments in telecommunications and cable telephony and data warehousing across the three companies. He is also the Chairman and Chief Executive Officer of CommGroup.

López holds a Bachelor of Arts in Political Science from Bowdoin College (1970-1974) and a Master of Business Administration from Harvard Business School (1978-1980). He is a member of the prominent López family of Iloilo; his father, Eugenio "Geny" M. López, Jr., was one of the pioneers of the Philippine television industry.

In 2012, he retired as CEO of ABS-CBN and was succeeded by the ABS-CBN president Charo Santos-Concio. He stepped down as chairman of the conglomerate six years later, being elected as Chairman Emeritus on April 18, 2018. His cousin, Martin "Mark" L. López, who served as the company's Chief Technology Officer, was elected as the new chairman of the board.

Recognitions

• 2014 Tanglaw ng Araw Award, 9th Araw Values Awards
• 2014 Lifetime Achievement Award, 22nd Kapisanan ng mga Brodkaster ng Pilipinas (KBP) Golden Dove Awards

In popular culture

López was portrayed by Mark Anthony Fernandez in the 1995 film Eskapo.

References

External links

• Interview with Gabby Lopez from Channel NewsAsia