Eduardo danding cojuangco biography

San Miguel President Ramon Ang, in a mobile-phone text message on Wednesday, said Cojuangco died Tuesday.

The former chairman and CEO helped expand San Miguel as the Philippines' dominant beer and food company, then later helped with its diversification into energy and infrastructure that made it the country's largest company by revenue. The executive led San Miguel twice, relinquishing the job once in the 1980s after going into exile in Australia in the late 1980s as an ally of Ferdinand Marcos. He returned to San Miguel in 1998.

"Cojuangco was a strong manager, but wasn't rigid with his vision," said Alex Pomento, who covered San Miguel and Cojuangco in the 25 years he was an equities analyst before joining SM Prime Holdings in 2014. "It would have been easier to just stay in food and drinks and tell shareholders the low returns are such because of the nature of the industry. Obviously, Cojuangco's style is not just sitting down."

Ang, who won the trust of Cojuangco in the early 1980s, has led the diversification of the century-old brewer since the late 2000s as Cojuangco took a back seat in overseeing the group's expansion. In 2012, Cojuangco sold his remaining 14.7% stake in San Miguel to Ang and its majority shareholder Top Frontier Investment Holdings, raising 37 billion pesos ($737 million).

Eduardo Murphy Cojuangco Jr., known as "Danding," was born in Manila on June 10, 1935, to a family that controlled business and politics in Tarlac province, north of the capital. He too sought office.

In 1965, while losing a bid for a congressional seat, he cemented his ties to Marcos, his party's successful presidential candidate at the time, according to "Boss Danding," a 2003 biography. Seven years later, he was part of the inner circle that helped Marcos plan the imposition of martial law, according to the book and other accounts.

"Cojuangco's relationship with Marcos was like that of a son and fathe

Filipino politician and businessman (1935–2020)

In this Philippine name, the middle name or maternal family name is Murphy and the surname or paternal family name is Cojuangco.

Eduardo "Danding" Murphy Cojuangco Jr. (June 10, 1935 – June 16, 2020) was a Filipino businessman and politician. He was the chairman and CEO of San Miguel Corporation, the largest food and beverage corporation in the Philippines and Southeast Asia. He served as a Philippine ambassador and governor of Tarlac. In 2016, his personal wealth was estimated at US$1.16 billion, and it was estimated that at one time, his business empire accounted for 25% of the gross national product of the Philippines.

Early life a

At 82, Eduardo M. Cojuangco Jr. seems to have run out of ambition. Not that he has failed. Nor achieved less than what he aimed for, from early in his business life.  “I have achieved more than what I have intended to do in life,” he said a few days before turning 82 on June 10.  “I never imagined I could reach this far,” he muses. “Everything that has happened I never even dreamed of.”

After eight decades of a marvelously extraordinary life, one lived mostly for the betterment of others and his country, Cojuangco is a portrait of contentment. “I have enough in life,” says the Philippines’ most successful industrialist, the chairman and CEO of San Miguel Corp. (SMC) and a number of other large enterprises.  “With it, I can do what I want to do.”

 Forbes magazine lists Cojuangco as one of the Philippines’ 12 richest Filipinos, with wealth of $1.2 billion, a grossly understated amount in my reckoning.

Cojuangco is often known as Danding, ECJ or “Boss” to friends, allies, subalterns, and business associates.  With his tremendous success and achievements as a businessman and as a public servant he is revered, respected, loved, and sometimes, feared and loathed, by business and political rivals, and critics.

ECJ’s entrepreneurship and public service have served a singular purpose – to uplift the lives of many Filipinos and contribute  to a stronger national development.

His success neatly straddles many facets of Philippine society – business, agriculture, public service (he was Tarlac governor and ambassador), sports (his La Salle team is UAAP champion and San Miguel owns three champion basketball teams), education (he funded 5,000 high school teachers to get masters or doctorate degrees to improve the quality of secondary education), and philanthropy (he gave away thousands of hectares of land to poor farmers).

Cojuangco manages a number of large enterprises, many of them No. 1 in their industry.   An agriculturist