Del Monte CEO Butch Campos is extremely disappointed with the performance of its flagship corporation . It has huge debt of P29 million maturing and $127 million in losses. It will continue to be in the red till 2025.
Campos is the scion of the Unilab fame, and has seen many good times . He was a partner in the BGC takeover from MVP.
We wish Butch the power and determination to turn around Del Monte.
Why did it happen to him? What could have been the causes?
