Yanson matriarch Olivia Yanson leads anew the annual election of one of the family’s bus companies.
On January 17, the stockholders of Southern Star Bus Transport Inc. (SSBTI) re-elected as directors Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas and Arvin John V. Villaruel, according to a company statement issued to media.
Following the election of the directors, the board held an organizational meeting wherein Leo Rey V. Yanson was re-appointed as chairman of the board and president of Southern Star Bus, while Olivia V. Yanson was re-appointed as SSBTI’s Corporate Secretary and Treasurer, the statement said.
Previously on Jan 15 and 16, Olivia and Leo Rey also led the election of directors and officers in sister companies Mindanao Star Bus Transport Inc. (MSBTI) and Bachelor Express Inc. (BEI).
Earlier on Dec 4 and January 3, Olivia and Leo Rey likewise spearheaded the election of directors and officers in Vallacar Transit Inc. (VTI) and Ceres Liner Travel and Tours Inc. (CLTTI).
On October 21, 2021, a Bacolod City court appointed Olivia V. Yanson as the special administrator of the estate of her late spouse Ricardo B. Yanson. Spouses Ricardo and Olivia founded the Ceres Bus Lines, which includes among others VTI, CLTTI, MSBTI and BEI.
As special administrator, Olivia is in charge of the preservation and management of the estate of her late husband Ricardo.
In all of these annual meetings, stockholders Roy V. Yanson, Ma. Lourdes Celina Yanson-Lopez, and Ricardo V. Yanson Jr. did not attend despite due notice to them.
Roy, Celina and Ricky are believed to be unable to attend the meetings because they are currently abroad together with their sister Emily.