Andrés Soriano
Andrés Soriano Sr. (February 8, 1898 – December 30, 1964) 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," he was best known for expanding the original San Miguel Brewery evolving into San Miguel Corporation.
Andrés Soriano | |
|---|---|
| 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 February 8, 1898 San Miguel, Manila, Captaincy General of the Philippines |
| Died | December 30, 1964 (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 |
| Part of a series on |
| Falangism |
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Yoke and arrows |
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.