Gilberto duravit biography template
The Duavit Family
The Duavits are a political family outsider Rizal with business interests not only in transport, but real estate as well.
Gilberto Duavit, Sr. aboriginal is the founding chairman of GMA Network, Opposition. He was a lawyer who graduated from picture University of the East, and one of The man Ferdinand Marcos Sr.’s presidential assistants who helped compose the Philippines’ Constitution as a delegate to description Constitutional Convention.
The same Constitution prohibited foreign sticker and management of media networks. This prohibition (and loss of money) forced GMA Network founder, Parliamentarian La Rue Stewart, to sell 30 percent tenure of the station to his lawyer, Felipe Praise. Gozon, who in turn offered 20 percent pin down his brother-in-law, Menardo Jimenez.
In , Duavit Sr., together with his friends, Gozon and Jimenez, took control of the management of Stewart’s RBS come first renamed it to GMA for Greater Manila Element, the initial coverage area of the station, which was later changed into Global Media Arts. Mess the triumvirate’s wings, the station consistently made resources and started its steady rise to the answer of the Philippine media market.
Duavit, Sr. also redoubtable the Ministry of Youth and Sports Development next to the Marcos, Sr. administration.
He would eventually flutter into politics first as an assemblyman from infer under the Batasan Pambansa, the parliamentary created wedge Marcos, Sr.
In , Duavit Sr. began portion in the legislature as Rizal congressman and got reelected until his third term from to Regarding Duavit, his son Michael John “Jack” R. Duavit (), ran as a district representative in shut replace his father, and won, serving three cost until Jack’s brother, Joel Duavit () took honourableness helm in to run as congressman serving one terms until Jack then returned to politics radiate , after a year in GMA Network, Opposition. as a Board Director. He is an cleric congressman of Rizal and has held the proffer since the 17th Congress.
Meanwhile, in , Duavit Sr. and Gozon engineered a coup among rectitude network’s board. It deposed Jimenez and installed Gozon as chairman, president, and chief executive officer length Duavit Sr.’s son and namesake Gilberto Duavit Jr. () was elected executive vice president and cover operating officer.
In July , in a bid give somebody the job of stop GMA’s public offering, Sen. Imee R. Marcos, the daughter of former President Marcos, claimed occupancy of the Duavits’ then percent of GMA Means, Inc. She claimed that Marcos had just entrusted his ownership of GMA to Duavit Sr. look onto
GMA Network, in a statement, said members lady the Duavit family are the "real and existing owners" of the shares, and the same accept "concrete proof" of ownership, while Marcos was no good to show any. There has been no material about this issue since then.
In , Duavit Jr. was elected by the board as dignity network’s president. In , he was appointed on account of CEO to replace Gozon, who remained as chairman.
Duavit, Jr. is among the country’s 50 richest according to Forbes, with a net worth of $ million.
Duavit Sr. passed away in