{"id":217238,"date":"2019-06-03T21:00:56","date_gmt":"2019-06-04T01:00:56","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=217238"},"modified":"2019-06-03T21:00:56","modified_gmt":"2019-06-04T01:00:56","slug":"chot-reyes-resigns-from-position-as-tv5-ceo","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/06\/03\/chot-reyes-resigns-from-position-as-tv5-ceo\/","title":{"rendered":"Chot Reyes resigns from position as TV5 CEO"},"content":{"rendered":"
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FILE: “Serious coaching going on at Toni & Guy sportsfest #teamPUSO #teamNSD” (Photo<\/a>: @cherrytreyes<\/a>\/Instagram<\/a>)<\/figcaption><\/figure>\n

Fifty-five-year-old Chot Reyes, known as a five-time Philippine Basketball Association (PBA) Coach of the Year and former head coach of the Philippine National team, officially stepped down from his position as the President of TV5 Network, Inc. after less than three years fulfilling the top job.<\/span><\/p>\n

Initially confirming the news to the Philippine Daily Inquirer, Reyes stated, \u201cI\u2019ve been here (working for the network) more than five years and, you know I\u2019m really not the corporate guy. I asked if I could opt for early retirement.\u201d He thanked Manny V. Pangilinan (MVP) for granting him the opportunities to develop the MVP Group, adding, \u201cIt\u2019s been a great 10 years with boss MVP and the group. But now, it\u2019s time to move on to other things.\u201d<\/span><\/p>\n

Reyes reported that when he initially turned in his resignation letter, PLDT chair and Chief Executive Officer (CEO) MVP spoke to him \u201cabout moving to another company within the group,\u201d but the eight-time PBA champion declined. He also denied rumors of a riff with the head, stating that his departure is \u201cpart of the basketball culture.\u201d<\/span><\/p>\n

\u201cCoach Chot\u201d as many recognize him, preceded Noel Lorenzana with the TV5 Presidential position effective October 3, 2016. One of the first things he did once initiate was to reduce the amount of expensive entertainment shows on the channel, focusing on news programming and sports. A year later, he announced partnering with ESPN Inc. <\/span><\/p>\n

With his retirement from the television network, Reyes stated that he will now be focusing on his personal business ventures, such as Coachcom Inc., Toni & Guy, and an upcoming dialysis center in Novaliches.<\/span><\/p>\n

Reyes has also confirmed that Jane Basas, the current Cignal TV president, will be taking over his position. The former Media5 president and Smart Communications\u2019 prepaid marketing head is described by her coworkers being able to \u201cget things done.\u201d<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Fifty-five-year-old Chot Reyes, known as a five-time Philippine Basketball Association (PBA) Coach of the Year and former head coach of …<\/p>\n","protected":false},"author":33,"featured_media":217240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-217238","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","mauthors-gianna-llanes","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=217238"}],"version-history":[{"count":3,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217238\/revisions"}],"predecessor-version":[{"id":217259,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217238\/revisions\/217259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/217240"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=217238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=217238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=217238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}