Andrew Tan named Emperador Inc. chairman emeritus

Billionaire Andrew Tan has been elected as chairman emeritus of Emperador Inc., the holding company of his liquor business involved in manufacturing, bottling, and distributing distilled alcoholic beverages.

The election was held by Emperador’s board of directors on Monday, June 9, appointing Winston Co as chairman and president of the company, and Glenn Manlapaz as chief executive officer.

Company stockholders on Monday also elected Katherine Tan, Winston Co, Kendrick Andrew Tan, and Kevin Andrew Tan as regular directors of the Board, while Jose Rene Gregory Almendras, Jesli Lapus, and Ho Poh Wah were elected as independent directors.

The company has earmarked P4 billion for its capital spending program this year, with the bulk going to the expansion of its Dalmore distillery in Scotland, and to doubling its whisky maturation complex in its Invergordon distillery.

Emperador’s brands include Emperador Brandy, Emperador Light, Andy Player Whisky, The BaR, Smirnoff Mule, The Dalmore Single Highland Malt Scotch Whisky, Whyte & Mackay Blended Scotch Whisky, Terry Centenario, Tres Cepas, and Harveys. — Jon Viktor D. Cabuenas/BM, GMA Integrated News