The Vallacar Transit Incorporated has reappointed Leo Rey Yanson as president and chairman of the board of Bachelor Express, Inc. (“BEI”) following their annual stockholders’ meeting held on January 16 with family matriarch Olivia V. Yanson heading the board election.
The board also re-appointed Olivia V. Yanson as BEI’s Corporate Secretary and Treasurer. Olivia was appointed last year by a Bacolod court to be the special administrator of the estate of her late husband Ricardo B. Yanson.
During the meeting, Olivia V. Yanson, Leo Rey V. Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Rey C. Ardo, Arvin John V. Villaruel, Anita G. Chua, Daniel Nicolas P. Golez, Hernan B. Omecillo, Danny O. Lorenton, and Alfredo O. Ligo, Jr. were re-elected as members of BEI’s Board of Directors.
Bachelors Express is a public transport firm plying the routes of Mindanao.
In a press statement, Vallacar Transit said: “Despite proper and timely notice, stockholders Roy V. Yanson (“Roy”), Ricardo V. Yanson, Jr. (“Ricky”), and Ma. Lourdes Celina Y. Lopez (“Celina”) were absent.”
Roy, Celina and Ricky are believed to be unable to attend the meeting because they are currently abroad together with their sister Emily V. Yanson (“Emily”), the statement added.
Chairman and president Leo confirms that despite the challenges faced in 2021, BEI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. BEI remains committed to providing the riding public with the most reliable means of public transportation for all.