MANILA, Philippines--Vincent "Chot" Reyes, the veteran basketball coach who transformed TV5 into a news and sports platform, is stepping down as the television network's chief executive officer (CEO) after a three-year run. In an interview on Saturday, Reyes confirmed the news that first appeared on the Fashion Pulis blog that he will be leaving TV5 and that Jane Basas, president of affiliate Cignal TV, will be taking his place. The movement, which also hints at closer links between TV5 and Cignal TV in terms of business strategy, is the latest in a senior management shakeup within the PLDT Group, which owns TV5 via the PLDT Beneficial Trust Fund. In his case, Reyes said he ...
Keep on reading: TV5 CEO Chot Reyes to leave network
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