Yanson Group co-founder Olivia Yanson led the annual stockholders meeting and board election of Ceres Liner Travel and Tours Inc. on Jan. 3 in her dual capacity as conjugal co-owner and court-appointed special administrator of the estate of her late husband Ricardo Yanson Sr.
This came a month after Olivia also headed the annual stockholders meeting and board election of Vallacar Transit Inc. on Dec. 4, 2021.
A Bacolod court, on Oct. 21, 2021, appointed Olivia as special administrator of the estate of Ricardo. In 1968, the couple established the Yanson Group of Bus Companies, the parent company of VTI and CLTTI.
Olivia, Leo Rey Yanson, Ginnette Dumancas, Charles Dumancas, Anita Chua, Arvin John Villaruel and Daniel Nicolas Golez were re-elected as members of CLTTI’s board of directors during the meeting held at the company’s principal office in Barangay Mansilingan, Bacolod City on Jan. 3.
The board held an organizational meeting and re-appointed Leo Rey as chairman of the board and president of CLTTI and Olivia as corporate secretary and treasurer.
Stockholders Roy Yanson, Ma. Lourdes Celina Yanson-Lopez and Ricardo Yanson Jr. did not attend the meeting.
Leo Rey, the re-elected chairman and president of CLTTI, said that despite the challenges faced in 2021, the Yanson Group remains committed to providing the riding public with the most reliable means of public transportation.
The Yanson Group is the largest bus company in the Philippines, which has a fleet of buses operating throughout the country.