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VTI reappoints LRY as president

BY GILBERT P. BAYORAN

The Vallacar Transit Inc. has announced that Leo Rey Yanson (LRY) was reappointed chairman of the board and VTI president during the company’s annual stockholders meeting Dec. 5 at its principal office in Barangay Mansilingan, Bacolod City.

During the board meeting, Olivia Yanson, the family matriarch, was also re-appointed corporate secretary and treasurer.

Re-elected as VTI’s members of the board of directors, aside from Leo Rey and Olivia, were Ginnette Yanson Dumancas, Charles Dumancas, Anita Chua, Arvin John Villaruel, and Daniel Nicolas Golez.

The VTI also said that stockholders Roy Yanson, Ma. Lourdes Celina Yanson-Lopez, Ricardo Yanson Jr., Juan Manuel Lopez, and Ma. Susan. Yanson were absent despite proper and timely notice.

The VTI statement added that siblings Roy, Celina, Ricky and Emily Yanson are believed to be abroad.

“Despite all the turbulence experienced by VTI’s management in the past two years, VTI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. VTI continues to pursue its mission of helping alleviate the burden of every Filipino by providing safe and quality transportation to everyone,” the VTI, that operates the Ceres Bus Liner, said. The newly appointed Board is excited to see how they can continue to push boundaries to provide quality transportation to every Filipino in this great nation despite the challenges of the pandemic, the statement added.*

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