SMC 'deeply mourns' passing of chairman Eduardo 'Danding' Cojuangco | Inquirer News

SMC ‘deeply mourns’ passing of chairman Eduardo ‘Danding’ Cojuangco

/ 03:34 PM June 17, 2020

MANILA, Philippines — San Miguel Corporation “deeply mourns” the death of its chairman and chief executive officer Eduardo “Danding” Cojuangco Jr., recalling how the business tycoon made a difference in the lives of its employees.

SMC described Cojuangco’s contributions to the company’s history as “numerous” and “indelible.”

“For decades, ECJ (Cojuangco’s initials) guided the San Miguel Group, making a difference in the lives of so many of our employees, past, and present. Values he lived by–malasakit, and sama-sama, the idea that we either make it together or not at all—are at the heart of what it means to be San Miguel,” the conglomerate said in a statement on Wednesday.

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SMC recalled how Cojuangco, an “agriculturalist at heart,” championed the development of rural areas and the setting up of its agro-industrial operations.

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“As SMC chairman, he guided our expansion, diversification, and transformation. His vision for San Miguel—to be a beacon of hope for the Philippines and a partner in nation-building—remains at the core of everything we do,” said the corporation.

A former ambassador of the Philippines to the United States and founder of the National People’s Coalition party in 1992, Cojuangco was known to have had a strong influence both in business and politics. He died on Tuesday at the age of 85.

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“His impact on many other areas of Philippine life—sports, philanthropy—add to his rich and enduring legacy,” it added.

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