8990 Holdings, Inc. at the special meeting of the Board of Directors of the company held on 27 December 2017, the Board approved the appointment of Mr. Willibaldo J. Uy as the President and Chief Executive Officer of the company effective 1 January 2018. Mr. Uy has been Director of 8990 Holdings, Inc. since January 29, 2016. He has also been its Chief Operating Officer since February 1, 2016.

In the same meeting, the Board appointed Mr. Alexander Ace Sotto as Chief Operating Officer, effective 1 January 2018. Mr. Sotto has been with 8990 Holdings Inc. for the past 13 years since he joined the company in 2004.