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Andrew Tan relinquishes Alliance Global CEO post to son Kevin
Andrew Tan relinquishes Alliance Global CEO post to son Kevin
ABS-CBN News
Published Jun 04, 2018 01:44 PM PHT
Billionaire Andrew Tan's Alliance Global Group Inc and his son Kevin Tan. Composite/File
MANILA - Billionaire Andrew Tan's Alliance Global Group Inc said Monday his eldest son, Kevin, would succeed him as chief executive officer.
The elder Tan will stay on as chairman of the board, Alliance Global said in a statement. He was CEO since 2016, according to the conglomerate.
"Kevin’s vast exposure and professional experience in the various companies under Alliance Global Group for almost two decades brings him to the pedestal of this new leadership role," Andrew Tan said.
The younger Tan was executive director of the conglomerate since September 2016 and holds directorships in Emperador, Inc., Global-Estate Resorts, Empire East Land Holdings and Golden Arches Development Corp, the holder of the master franchise of McDonald’s Philippines.
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