On 24 May 2023, the Board of Directors of Chemical Industries of the Philippines elected Ms. Geminesse L. Co as the replacement Director to replace her predecessor Mr. Chi Thing Co, effective May 22, 2023, upon his resignation and elected Ms. Janice Eunicia C. Roxas-Chua as the new Chairman to replace her predecessor Mr. Chi Thing Co upon his resignation, and eliminated the position of Chief Operating Officer previously held by Ms. Roxas-Chua.