Managment 12

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ABERIN, Mae Frances R. June 22, 2011

Management 12 MWF 11:30 12:30 D904 Assignment

TOP 10 CEOs in the Philippines

Henry Sy Sr.Net worth: $5 billion

Age: 85

Marital status: Married, 6 children

Founder, Chairman, Chairman of SM Investments Corporation, Chairman of SM Prime Holdings

Inc and Chairman of SM Land Inc, SM Development Corp.

Starting with small shoe store in Manila, he built SM Prime into country's largest mall

developer. Run by son Hans, it's expanding in China, where it will open a fourth mall later this

year. Stock of his SM Investment, family's biggest asset, up more than 25% in past year.

Scrapped plans for a Las Vegas-style casino complex in Manila Bay, which was scheduled to

open this year. Son Henry Sy Jr. recently bought Enrique Razon Jr.'s (No. 7) stake in power transmission company National Grid Corp. and became its president and CEO in June. Banco De

Oro Unibank, country's largest bank, is run by daughter Teresita Sy-Coson.

Henry S. Sy Sr. served as President and Chairman of the Board of SM Keppel Land, Inc. of

SM Development Corp. and Keppel Philippines Holdings Inc. Mr. Sy serves as an Advisor to the

Board of China Banking Corp. He is the Founder of SM Development Corp. Mr. Sy has been the

Chief Executive Officer at SM Prime Holdings Inc. of SM Investments Corp. since 1994. Mr. Sy

opened the first ShoeMart store in 1958 and has been at the fore in SM Group's diversification

into shopping malls, retail merchandising, financial services, and real estate development and

tourism. He established SM Foundation Inc. He served as the President and Chairman of the

Board of SM Prime Holdings Inc., since 1994. He serves as Chairman Emeritus of Banco De OroUnibank, Inc. He serves as the Chairman of the Board at Fortune Cement Corp., and First Asia

Realty Development Corporation. He serves as the Chairman of the Board at SM Development

Corp., and Shoemart Inc., of SM Investments Corp. He served as Chairman of the Board at

Highlands Prime Inc. of SM Investments Corp. He served as the Chairman of the Board at SM

Investments Corporation. He has been a Director of Highlands Prime Inc. since January 4, 2002.

He serves as a Director of Fortune Cement Corp., SMKL, SSEI, Subic Shipyard & Engineering Inc.

and Keppel FELS Energy Inc. M21r. Mr. Sy served as a Director of SM Investments Corporation

since 1960. Mr. Sy served as a Director of Keppel Philippines Marine Inc. until September 7,

2006 and Keppel Philippines Properties Inc. of Keppel Philippines Holdings Inc. since November

1999. He served as a Director at Keppel Philippines Holdings Inc. from 1989 to November 2006.

He served as a Director of San Miguel Corp., Banco De Oro Unibank, Inc. and China Banking

Corp. He served as a Director of Republic Glass Holdings Corp. from 1995 to December 2007. He

served as a Director of Far East Bank and Trust Company, Inc. He was awarded an Honorary

Doctor of Science degree in Business Management from De La Salle University, Manila. Mr. Sy

graduated from Far Eastern University in Commercial Science.



Lucio Tan

Net worth: $2.1 billion

Age: 76

Marital Status: Married, 6 children

Executive Director, Dynamic Holdings Ltd

Owns nation's largest cigarette maker, Fortune Tobacco, second-largest beermaker, Asia

Brewery, and stake in Philippine Airlines. Biggest chunk of fortune comes from Hong Kong-based

Eton Properties, which is selling land in one of its township developments to Henry Sy's SM

Prime. Much of former electrical engineer's wealth still sequestered by the presidential

commission on good government, while cases make their way through country's court system.

Lucio Tan is the famous Chinese Filipino business tycoon and the second richest man in

the Philippines next to Henry Sy. He owns Tanduay Holdings which is one of the worlds largest

rum makers. He also owns Asia Brewery, the second largest brewery in the country and Fortune

Tobacco, the largest tobacco company in the Philippines. He is also the owner of Philippine

Airlines the Philippines flag carrier. These are only few examples of the 300 companies that Mr.

Tan managed. The total value of his businesses was estimated not less than $20 billion

controlling the 60% share.

Lucio tan was in Amoy, Fujian, Republic of China on July 17, 1934. He was still a child

when his parents decided to move here in the Philippines. He studied at the University of Santo

Tomas taking up Bachelor of Science in Chemical Engineering but finished this course from the

University of Santo Tomas.

He had stop schooling before graduating to take a job in a tobacco factory. He started

the cigarette company known as Fortune Tobacco in 1966. He only begins in a small hut in

Marikina gained Lucio Tan to success. He then venture and became successful from various

business field namely airlines and related services; banking, finance and securities; brewery;

chemicals; distillery and alcohol; education; food; hotel; manufacturing; property development;steel fabrication and construction; and tourism and travel services.

Mr. Tan received several recognitions and awards both in the Philippines and abroad for

his achievements and leadership. Lucio Tan holds a Doctorate Degree in Commerce from

the University of Santo Tomas along with a string of honorary doctorate degrees from various

institutions of higher learning.

He launched the Tan Yan Kee Foundation in 1986 in honor of his father to share fruits of his

endeavor with those in need. The Foundation is aiming to support of education, culture and

sports; health and social welfare; research; and manpower development.

John Gokongwei

Jr.


Age: 83


Founder, Chairman Emeritus, Member of Executive Committee, Member of Audit Committee,

Member of Nomination Committee, Member of Remuneration & Compensation Committee,

Chairman Emeritus of JG Summit Holdings and Director of JG Summit Capital Markets

Corporation, JG Summit Holdings Inc.



His JG Summit Holdings outperformed market, making him a billionaire for the first time.

Shares hit 2-year peak earlier this year partly on plans to list group's budget carrier, Cebu

Pacific, whose IPO subsequently got delayed. Brother James Go chairs JG Summit, son Lance is

president. Group's retail unit, Robinsons, has stores in 7 countries.

Mr. John L. Gokongwei, Jr. serves as President of JG Summit Capital Markets Corp. Mr.

Gokongwei served as Chairman and Chief Executive Officer of JG Summit Holdings, Inc. from1990 to 2001, which he founded. Mr. Gokongwei founded Universal Robina Corp. in 1954. He

served as Chief Executive Officer and President of Digital Telecommunications Phils Inc. for JG

Summit Holdings Inc. He served as Chief Executive Officer of Universal Robina Corporation,

Robinsons Land Corp., JG Summit since 2001. He was primarily responsible for the overall

direction and development of JG Summit Group of Companies which he founded in the mid-

fifties. He founded Robinsons Land Corp. in 1980 and has been its Chairman Emeritus since

January 1, 2002. He has been Chairman Emeritus of Universal Robina Corp. since January 1,

2002. He has been Chairman Emeritus of JG Summit Holdings Inc., since January 1, 2002. He is

founder of Universal Robina (Cayman), Ltd and has been its Chairman Emeritus since January

2002.He serves as the Chairman of Gokongwei Brothers Foundation, Inc. and Great Pacific Life

Assurance Corporation. He served as Chairman of JG Summit and Universal Robina Corporation.

He served as Chairman of the Board of Robinsons Land until December 31, 2001. He has been

Deputy Chairman of United Industrial Corporation Limited since 1999 and Non-Executive

Deputy Chairman of Singapore Land Ltd. since 1999. He has been a Director of Manila Midtown

Hotels and Land Corporation since 1973, Gokongwei Brothers Foundation, Inc., since 1992,

Cebu Air, Inc., since December 1995, Litton Mills, Inc., since 1978, Robinsons Land Corp., since

1980, Southern Negros Development Corporation since 1982, Universal Robina Sugar Milling

Corporation since 1987, Robinsons Inc., since 1987, United Industrial Corporation Limited since

July 27, 1999 and Singapore Land Ltd. since 1999. He has been a Director of A. Soriano Corp.

since May 21, 1980, Digital Telecommunications Phils Inc., since May 1993, and JG Summit

Petrochemical Corporation since 1994. He serves as a Director of Universal Robina Corp.,Universal Robina (Cayman), Ltd., JG Summit Holdings Inc., JG Summit Capital Markets

Corporation of JG Summit Holdings Inc., PGPI, Oriental Petroleum and Minerals Corp., First

Private Power Corporation and Bauang Private Power Corporation. He served as a Director of

Philex Mining Corp. from 1993 to September 2008. Mr. Gokongwei received an Master's degree

in Business Administration from the De La Salle University in the Philippines in 1977 and

attended the Advanced Management Program at Harvard University, Boston, Massachusetts,

USA from 1972 to 1973.

Jaime Zobel de Ayala

Net worth: $1.4 billion Age: 76


Chairman Emeritus of Ayala Corporation, President and Chairman of Ayala Coporation (1983

2005)

His Ayala Corp., Philippines' largest conglomerate by market capitalization, plans to

invest $1.6 billion in various projects, including power generation. Interests include real estate,



hotels, financial services, telecom, utilities. While he is chairman emeritus, family stake held by

his 7 children. Jaime II, eldest, is chairman, son Fernando vice chairman and president.

He is the Chairman Emeritus of Ayala Corporation, a commercial house established by

his forefathers in the Philippines in 1834. Ayala has businesses in real estate development,

telecommunications, banking, electronics, manufacturing, water distribution, automotive

dealership and business process outsourcing. He is concurrently Chairman of Ayala Foundation,Inc., the company's social commitment arm.

He also served the diplomatic corps as Ambassador to the Court of St. James and the

Scandinavian countries from 1970 to 1975.

Mr. Zobel was awarded 'Management Man of the Year' by the Management Association

of the Philippines in 1987, was a recipient of two decorations for culture 'Comendador al

Mérito Civil' from the Spanish government in 1968 and 'Chevalier de L'Ordre des Arts et des

Lettres' from the French government in 1980 . Mr. Zobel was conferred the 'Legion of Honor

and Grand Commander' by the President of the Republic of the Philippines in 2009.

He was also conferred the degree of 'Doctor of Business Management' by the De La

Salle University in April 1985 and the degree of 'Doctor of Laws' by the University of the

Philippines in April 1991.

Mr. Zobel studied at La Salle (Madrid, Spain) for his baccalaureate degree in 1953,

Harvard University (Massachusetts, U.S.A) for his degree in Bachelor of Arts in Architectural

Sciences in 1957 and Harvard University Graduate School Program of business Administration

(Manila, Philippines) for his degree in Advanced Management in 1963. He is married to Beatriz

Miranda Zobel de Ayala and has seven children.

Andrew Tan


Age: 58

Marital Status: Married, 4 childrenFounder, Chairman of the Board, Principal Executive Officer, President, Director of Eastwood

Cyber One Corporation, Director of Megaworld Globus Asia Inc and Director of Megaworld Land

Inc, Megaworld Corp. Son of factory worker put himself through college, worked in appliance store. Later made

his first fortune in brandy. Holding company Alliance Global Group's businesses include food and

beverage, real estate, gaming. Shares up 25% from last year. Co-owns casino Resort World

Manila with Genting Hong Kong.

Mr. Andrew L. Tan serves as President of Richmonde Hotel Group International Limited.

Mr. Tan serves as Chief Executive Officer of Alliance Global Group Inc. He founded MegaworldCorp. in 1989 and has been its Chief Executive Officer and President since its inception. He

serves as Chief Executive Officer of Yonghe King Brand and President of yonghe king brand at

Jollibee Foods Corp. He serves as Principal Executive Officer of Empire East Land Holdings Inc.

and President of Megaworld Foundation Inc. He serves as Vice Chairman and Treasurer of

Golden Arches Development Corporation. Mr. Tan served as Treasurer of Empire East Land

Holdings Inc., from July 1994 to May 1998. He serves as Member of the Management Board at

Energy Studies Institute. He has been Chairman of the Board of Megaworld Corp., since 1989.



He serves as Chairman of Emperador Distillers, Inc. He has been Chairman of the Board of

Empire East Land Holdings Inc. since July 1994. He has been Chairman of Alliance Global Group

Inc. since September 2006. He served as Vice Chairman of Alliance Global Group Inc., from

August 2003 to September 2006. He has been Director of Alliance Global Group Inc. since

August 2003. Mr. Tan has been a Director of Megaworld Corp., since 1989. He serves as

Director of Golden Arches Realty Corporation, Emperador International Limited; ChoiceGourmet Banquet, Inc. and Venezia Universal Limited. He serves as Director of Mactan

Oceanview Properties & Holdings, Inc.; Megaworld Homes, Inc.; Philippine International

Properties, Inc., Yorkshire Holdings, Inc.; Alliance Global Brands, Inc.; Empire East Properties,

Inc.; Forbes Town Properties & Holdings, Inc.; Megaworld Foundation, Inc.; Sonoma Premier

Land, Inc.; Sherman Oak Holdings, Inc.; and Townsquare Development Inc. Mr. Tan serves as

Director of Megaworld Land Inc., Eastwood Cyber One Corporation and Megaworld Globus Asia

Inc. He has been a Director of Empire East Land Holdings Inc., since July 1994. He serves as a

Director of Megaworld Cayman Islands, Inc., Megaworld Central Properties, Inc., Megaworld

Newport Property Holdings, Inc., Richmonde Hotel Group International Limited, Gilmore

Property Marketing Associates Inc., The Andresons Group Inc., Raffles & Co. Inc., Consolidated

Distillers of the Far East Inc., Andresons Global Inc. and The Manila Banking Corporation In

recognition of his role in spurring economic and societal development of the City of Taguig

through the investments and development projects of Megaworld Corporation in April 2005,

conferred on him the Forward Taguig Award in the Field of Business and Entrepreneurship. In

2004, the Quezon City government named him as "Businessman of the Year" in recognition of

his "visionary leadership" in transforming Eastwood City into a "magnet for investments" and

the "most dynamic growth center in Quezon City". In 2003, he was also named Most

Outstanding Alumnus of the University of the East. He is a member of the European and

Philippine Chambers of Commerce. Mr. Tan graduated Magna Cum Laude from the University

of the East with the degree of Bachelor of Science in Business Administration.

Tony Tan Caktiong

Net worth: $980 million

Age: 60


Chairman of the Board, Chief Executive Officer and President of Jollibee Foods Corp.

Founded Jollibee Foods in 1975, with an ice cream parlor. Now country's largest fast-

food company, with 700 American-style Jollibee burger outlets and numerous other brands in

Asia, Middle East and the U.S. opened its first Chowking, a Chinese food outlet, in Qatar in

November; plans to expand that brand in the Middle East this year .Tony Tan Caktiong serves as the Chairman of the Board, Chief Executive Officer and

President of Jollibee Foods Corp. Mr. Caktiong is a Member of the board of trustees of the Asian

Institute of Management, St. Luke's Medical Hospital, and the Philippine Academy of Sakya. He

serves as an Independent Director of Sun Life Prosperity Dollar Abundance Fund, Inc. and Sun

Life Prosperity Dollar Advantage Fund, Inc. He has been a Director of First Generation

Corporation since 2005. He has been a Director of Philippine Long Distance Telephone Co. since

July 8, 2008. He has received citations/awards from various organizations including Ernst &



Young's Entrepreneur of the Year Philippines in 2003 and won the prestigious World

Entrepreneur of the Year in 2004 in Monaco besting 31 entrants from all over the world. Mr.

Caktiong further honed his business skills by attending various courses and seminars in

institutions such as the Asian Institute of Management, Stanford University (Singapore) and

Harvard University. Mr. Caktiong has a Bachelor of Science degree in Chemical Engineering

degree from the University of Santo Tomas in 1975 and has management tutoring certificationsfrom Harvard University, Asian Institute of Management, University of Michigan Business

School and Harvard Business School and Honorary Doctor of Humanities from St. Paul

University and Honorary Doctor of Science in Business Management from Far Eastern University

of the Philippines and Honorary Doctor of Humanities from Southwestern University.

Enrique Razon Jr.


Age: 50


Chairman, Chief Executive Officer, President, Chairman of ICTSI Limited and President of ICTSI

Limited, International Container Terminal Services Inc

Port operator recently sold his stake in power unit National Grid to Henry Sy Jr. Profits

from sale boosted his fortune. Shares in his International Container Terminal Services, which he

runs, have nearly doubled since last year on uptick in global trade. Avid golfer.

Mr. Enrique K. Razon, Jr. serves as the Chief Executive Officer and President of

International Container Terminal Services Inc. Mr. Razon serves as the President of Cebu

International Container Terminal, Inc. Mr. Razon serves as the Chairman and President of ICTSI

Ltd., International Container Terminal Holdings, Inc., Razon Industries, Inc., and Sureste Realty

Corp. He serves as the Chairman and President of Provident Management Group, Inc. He serves

as an Executive of EEI Corp. He has been the Chairman of International Container TerminalServices Inc. since 1995. Mr. Razon serves as the Chairman of the Board of Monte Oro

Resources & Energy, Inc., ICTSI Manila Holdings, Inc., ICTSI Warehousing, Inc., Sureste

Properties, Inc., Provident Management Group, Inc. and Australian International Container

Terminal Limited, Asia Star Freight Services, Sureste Properties, Inc., and Provident

Management Group, Inc. Mr. Razon served as the Chairman of Ensenada International Terminal

S.A. de C.V. and Titan Insurance Brokers, Inc. from 1997 to 2001 and of ICTSI International

Holdings Corp. (I HC) from 1994 to 2001. Mr. Razon has been a Director of International

Container Terminal Services Inc. since 1988. He serves as a Director of Cebu International

Container Terminal, Inc., Subic Bay International Terminal Holdings, Inc., Subic Bay International

Terminal Corporation, Baltic Container Terminal, Tecon Suape S.A., Madagascar InternationalContainer Terminal Services Ltd., ICTSI Hongkong Ltd., Contecon Guayaquil SA, Xcell Property

Ventures Inc., Yantai Rising Dragon International Container Terminal Ltd., International

Exchange Bank, CLSA Exchange Capital, ABX Pan Globe Logistics, Inc., Kamahalan Publishing Co.,

Kagitingan Printing Press, Inc., Excell Properties and Phil Realty, Inc. and Philippine Skylanders,

Inc. Mr. Razon served as a Director of A. Soriano Corp. from April 16, 1997 to June 18, 2007. He

served as a Director of Buenos Aires Container Terminal Services, S.A., Internacional de

Contenedores Asociados de Veracruz, S.A. de C.V., International Port Services Co., Ltd., Karachi



International Container Terminal Ltd., and Tanzania International Container Terminal Services,

Ltd. until 2001. Mr. Razon is also a member of the American Management Association,

Management Association of the Philippines, Pacific Basin Economic Council, and World

Economic Forum. In 2003, he was named by the President of the Republic of the Philippines as

a member of the Public-Private Sector Task Force on the Reconstruction and Development of

Iraq. Mr. Razon holds a Bachelor of Science in Business Administration, De La Salle University(1980).

Beatrice Campos


Age: N/A

Marital Status: Widowed, 5 children

Late husband Jose Campos cofounded drug firm Unilab, which accounts for biggest

portion of family's wealth. Also has controlling stake in Singapore-listed Del Monte Pacific, run

by son Joselito, who recently invested in San Miguel Corp. with Roberto Ongpin and Inigo Zobel .

George Ty


Age: 77


Senior Adviser and Vice Chairman of Executive Committee, Philippine Savings Bank

Founded Metrobank, country's second-largest lender, in his 20s. Profits at the bank,

which son Arthur now chairs, were up nearly a third in first quarter. Holds almost 40% of the

bank with his children. Metrobank Foundation, which he created nearly 30 years ago, supports

health care, art and education projects.Dr. George Siao Kian Ty has been an Senior Adviser of Philippine Savings Bank since April

2008. Dr. Ty serves as an Adviser of First Metro Investment Corporation and Philippine AXA Life

Insurance Corporation. He served as an Advisor of Philippine Savings Bank from April 2006 to

April 2008. Dr. Ty is The Founder of MBTC. He has been Honorary Chairman of First Metro

Travel, Inc. since 1989. He serves as Honorary Chairman of Thomas Cook (Philippines) Inc., and

FMIC. He serves as the Chairman of the Board of Global Business Bank Inc. Dr. Ty has been

Chairman of Toyota Motor Philippines Corporation since 1988. He serves as Chairman of Global

Business Holdings, Inc., and Manila Medical Services, Inc. He has been Chairman of Metrobank

Foundation, Inc., since 1979. Dr. Ty has been Chairman of Metrobank Group since 2006. He has

been Chairman of the Advisory Board of First Metro International Investment Co., Ltd since2002. He serves as Chairman of the Board of Mla. He has been Director of Manila Doctors

Hospital since 1979. Dr. Ty founded and served as the General Manager of Wellington Flour

Mills. He served as Chairman of the Board of Toyota Autoparts Phils. Corp. from 1990 to July

2005. Dr. Ty served as Chairman of Metropolitan Bank & Trust Co. and also served as its Co-

Chairman since May 2006. He serves as a Director of Metrobank Group, San Miguel Corp.,

Maynilad Water Services and Metropolitan Bank & Trust Co.



Eduardo Cojuangco Jr.


Age: 75


Chairman, Chief Executive Officer and Chairman of Executive Committee, San Miguel Corp.

Recently sold an option to buy out his stake in San Miguel Corp., one of Asia's largest food and

beverage companies, to Top Frontier, an investor group led by Roberto Ongpin (No. 21). Surprise move

sparked rumors of his ill health, but he remains chief executive.

Eduardo M. Cojuangco, Jr. has been the Chairman of the Board and Chief Executive Officer of

San Miguel Corporation since July 7, 1998. Mr. Cojuangco has been an Executive Chairman and Chief

Executive Officer of Ginebra San Miguel, Inc. since October 21, 1998. He has been the Chairman of Coca-

Cola Bottlers Philippines, Inc. since July 13, 2001 and San Miguel Pure Foods Co. Inc. since May 22, 2001.

He serves as the Chairman of ECJ and Sons Agricultural Enterprises, Inc., the Eduardo Cojuangco, Jr.

Foundation, Inc. and Cainaman Farms, Inc. Mr. Cojuangco has been an Executive Director of Ginebra San

Miguel Inc. since October 21, 1998. He serves as a Director of San Miguel Pure Foods Co. Inc. and San

Miguel Corporation. He served as a Director of Manila Electric Co. since February 1, 2009.

Sources:

http://www.forbes.com/2010/07/06/philippines-richest-henry-sy-wealth-philippines-10_land.html

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=8382145&ticker=SM:US

http://kahitsino.org/lucio-tan-the-most-controversial-filipino-magnate/

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=8362481&ticker=JGS:PM

http://www.pinoyprofile.com/jaime-zobel-de-ayala/

http://www.wwf.org.ph/index.php/about-us/meet-the-pandas/222

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=11540593&ticker=MEG:US&pr eviousCapId=1505220&previousTitle=Alliance%20Global%20Group%20Inc.

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=9408522&ticker=29:HK&previo

usCapId=9737179&previousTitle=MacroAsia%20Corp.

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ousCapId=296642&previousTitle=PHILIPPINE%20LONG%20DISTANCE%20TEL

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viousCapId=4469449&previousTitle=SORIANO%20%28A%29%20CORP

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viousCapId=874909&previousTitle=METROPOLITAN%20BANK%20%26%20TRUST

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Managment 12