BIZ BUZZ: Emperador makes big changes
Liquor conglomerate Emperador Inc. is plotting a whisky comeback, and it comes with leadership changes.
On Monday, the company announced that billionaire Andrew Tan would be its chair emeritus, while president and CEO Winston Co will be the new chair and president.
Replacing him as CEO is Glenn Manlapaz, head of Emperador’s international division, according to his LinkedIn profile. He was previously the regional managing director for Asia and developing markets.
Also part of the shuffle was former Energy Secretary Jose Rene Almendras, who was appointed independent director and, consequently, member of several other committees.We’re hoping that the leadership change would pull up Scotch whisky sales—with some control, of course.
