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A Brown Co. elects new CEO/president

A Brown Co. Inc. appointed Robertino Pizarro as its CEO and president, replacing Roel Castro, who resigned from the roles Nov. 30.

The Filipino real estate developer made Pizarro's appointment effective Dec. 7, according to a filing. Castro vacated his executive positions at the company to take the same posts in another company that A Brown has a related interest in.

Separately, A Brown elected Walter Brown as chairman of its board of directors, replacing Pizarro, also effective from Dec. 7.