| CEO Name | Oliver B. Butalid |
| Nationality | Philippines |
| Net Worth Estimation | $1 million |
Oliver B. Butalid's estimated net worth of around $1 million likely stems from his executive compensation, government service benefits, and professional investments, as per public disclosures and industry standards for Philippine state-owned enterprise leaders. His asset declarations, mandated by Philippine transparency laws, reflect holdings typical for high-ranking public officials rather than significant private business interests.
Oliver B. Butalid, CEO of the Philippine National Oil Company, has an estimated net worth of $1,000,000, which is 50% of the maximum net worth ($2,000,000) for CEOs in the government business category. His net worth also meets the category's minimum threshold of $1,000,000, exactly at 100%.
Business Category: Government
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 2000000 USD
Oliver B. Butalid Performance in Philippine National Oil Company
Oliver B. Butalid, CEO of Philippine National Oil Company, demonstrates strategic leadership by prioritizing energy security and sustainable development. His decision-making emphasizes operational efficiency and transparent governance, driving key projects that enhance the company's exploration and production capacity. Under his tenure, PNOCo has improved financial performance and expanded its role in the Philippines' energy sector, solidifying its position as a vital national asset.
Latest News
Philippine National Oil Company Appoints First Female CEO and Advances Renewable Energy Projects
Ma. Cristina Sheila Canag Cabaraban has become the first woman to lead PNOC as its new President and CEO, succeeding Oliver Butalid who resigned following a government reorganization. PNOC is actively expanding its renewable energy portfolio, including offshore wind and hybrid solar-wind projects, as part of the Philippines' clean energy push.
Source: http://www.pnoc.com.ph/ma-cristina-sheila-canag-cabaraban-assumes-role-as-pnocs-new-president-and-ceo/