MGEN gets new president and CEO

Business & Finance
16 Jun 2026 • 12:02 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

MGEN gets new president and CEO

MERALCO PowerGen Corp. (MGen) on Monday announced the appointment of Arnel Santos as the new president and CEO of MGen Thermal Energy Inc. effective July 1.

Santos succeeds Felino Bernardo, whose leadership was said to have helped strengthen the company’s operational foundation.

MGEN said he would be bringing in more than three decades of leadership experience across the global energy, refining, petrochemicals, and industrial technology sectors and also held a strong track record in improving asset performance, strengthening safety culture and driving operational excellence in capital-intensive environments.

Prior to his appointment, Santos served as senior vice president and chief operating officer of MGen Thermal Energy.

As part of the leadership transition, MGen also named Sam Manlosa as chief operating officer of MGen Thermal Energy.

Bernardo, meanwhile, will assume the role of head of strategic energy transition from July 1, 2026 to June 30, 2028.

"This leadership transition positions us strongly for both today’s operational priorities and tomorrow’s growth opportunities,” MGen President and CEO Emmanuel Rubio said.

“Arnel will lead MGen Thermal Energy Inc. with a focus on reliability, operational excellence, and sustainable performance, while Lino’s expanded mandate at MGen enables us to accelerate strategic initiatives that will shape the future of our portfolio and the country’s energy sector,” he added.

Shares of MGEN parent Meralco rose by P10 to close at P584 apiece on Monday. ED PAOLO SALTING