After Eugenio 'Gabby' Lopez III was elected as the Chairman Emeritus of the ABS-CBN Corporation, an event was held to honor his greatness and success in the industry.
In an organizational meeting last Thursday, April 19, the board of directors of the ABS-CBN elected two executives as a part of their succession planning process.
The 65-year-old Gabby Lopez was elected as the chairman emeritus, making him the second chairman emeritus in the history of ABS-CBN, following the footsteps of his father Eugenio "Geny" Lopez Jr.
"As every athlete knows, there comes a time when inevitably it's time to let go of the reins and allow others to take over. My father has always said 'broadcasting' is for the young. After all, today's digital world is vastly difficult from the world I managed," said Gabby in a speech on Thursday.
And because of his success, an event called #HonoringEL3 was held. It was attended by the biggest and brightest stars in the Kapamilya network, allowing them to honor the great Gabby Lopez III.
