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Philippine Star
Philippine Star
PAL Express, the low-cost subsidiary of Philippine Airlines, is also expected to name a new president soon to succeed Bonifacio Sam who is set to retire supposedly in March, industry sources tell me. Depending on new developments, his retirement may come earlier. Or later. A member of the Tan family may succeed Sam, sources also say. Sam, an auditor, is an old guard in the Lucio Tan Group of companies. He was a long time auditor at parent firm PAL and before that, in Fortune Tobacco in the early days. PAL or PAL Express has not made any announcement on Sam’s retirement, so as it is with anythi…