Andrés Soriano
From Wikipedia, the free encyclopedia
Andrés Soriano Sr. (February 8, 1898 – December 30, 1964[1]) was a Spanish Filipino industrialist. Described by The New York Times in 1964 as "one of the most dominant business personalities in the western Pacific area,"[2] he was best known for expanding the original San Miguel Brewery evolving into San Miguel Corporation.
Andrés Soriano | |
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Secretary of Finance, Agriculture, and Commerce | |
In office March 26, 1942 – July 31, 1944 | |
President | Manuel L. Quezon |
Preceded by | Rafael Alunan Sr. (as Secretary of Agriculture and Commerce) |
Succeeded by | Manuel Nieto (as Secretary of Agriculture and Commerce) |
Personal details | |
Born | Andrés Soriano y Roxas (1898-02-08)February 8, 1898 San Miguel, Manila, Captaincy General of the Philippines |
Died | December 30, 1964(1964-12-30) (aged 66) Boston, Massachusetts, U.S |
Nationality | Spaniard, American, Philippine |
Education | Ateneo de Manila, Stonyhurst College, Escuela Superior de Comercio |
Known for | Founder of Philippine Airlines and Intercontinental Broadcasting Corporation |
He also established philanthropies and encouraged good employee relations by sharing profits with his more than 16,000 employees by establishing a pension plan that paid retired employees 25% of their salary, with guaranteed sick leaves and medical benefits. He was the founder of Philippine Airlines, Asia's first air carrier. In 1935, during Commonwealth era, Soriano established Commonwealth Insurance Company, a non-life insurance company.