MANILA, Philippines – PhilWeb Corp. on Monday said members of the Araneta family have resigned as directors and/or officers of the company, effective immediately, following the sale of all PhilWeb shares by Gregorio Araneta Inc. The company identified the resigning officials as Gregorio Araneta III, Alfonso M. Araneta and Luis M. Araneta. READ: Gregorio Araneta sells 57% Philweb stake for P1.8B In a disclosure on Monday, the company said the resignations comply with the first closing obligations under a share purchase agreement executed in October 2025.  Gregorio Araneta III also stepped down as chairman of the board. The resignations were […]... Keep on reading: PhilWeb board reshuffle follows Araneta exit after share sale