Marcos Orders GOCC Heads to Quit - BusinessWorld Online

Marcos instructs heads of firms owned or controlled by government to resign

MANILA — President Ferdinand Marcos Jr has instructed heads of companies owned or controlled by his government to submit "courtesy" resignations, his

Philippine president orders all executives of government-owned corporations to resign

Resignation notice comes 6 days after Ferdinand Marcos Jr. asked all his Cabinet secretaries to step down - Anadolu Ajansı

Marcos orders GOCC heads to quit - BusinessWorld Online

PRESIDENT Ferdinand R. Marcos, Jr. has ordered the heads of state-owned companies to quit, a week after a similar order on his Cabinet secretaries that some see as an attempt to salvage whatever political capital he has left during the second half of his single six-year term. In a May 26 notice posted on its website, the Governance Commission for Government-Owned or -Controlled Corporations (GCG) under the Office of the President said state comp…

Marcos extends call for courtesy resignations to GOCC officials

MANILA, Philippines — More than a week after calling for the courtesy resignation of his Cabinet secretaries, President Ferdinand Marcos Jr. made the same call to officials of government-owned and -controlled corporations (GOCCs). A circular released by the Governance Commission for GOCCs (GCG) dated May 28, 2025 instructed state-run firms' non ex-officio chairpersons, chief executive officers (CEOs), and all appointive directors/trustees/member…

GOCC heads, top execs ordered to submit courtesy resignations

President Ferdinand "Bongbong" Marcos Jr.'s order for his alter egos and other secretary-ranked members of his administration to tender courtesy resignations has been extended to those overseeing government-owned and -controlled corporations (GOCCs).

Marcos orders 168 GOCC heads to file courtesy resignations

Following the Cabinet reshuffle, 168 heads of government-owned and controlled corporations (GOCCs) have also been ordered by the President Ferdinand Marcos Jr. to file their courtesy resignations.According to a follow-up notice by the Governance Commission for GOCCs (GCG) issued on Wednesday, May 28, state-owned firms have been ordered to follow certain procedures for the submission of courtesy resignations. To streamline the process, chief exec…