Tony Tan (entrepreneur)

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This is a Chinese name; the family name is Tan.

Tony Tan Caktiong (simplified Chinese: 陈觉中; traditional Chinese: 陳覺中; pinyin: Chén Juézhōng) is a Chinese Filipino entrepreneur. He is the founder, chairman and CEO of the Filipino fast food chain Jollibee.

Early career and education[edit]

Tan was born to Chinese immigrant parents from Fujian. He attended high school at Chiang Kai Shek College and graduated from the University of Santo Tomas with a degree in chemical engineering. Tan had initially planned an ice cream parlor when he founded Jollibee, then added dishes such as hamburgers, french fries, and fried chicken.

Jollibee[edit]

Tan founded the fast food chain Jollibee in 1978, after having started it as an ice cream parlor in 1975.[1] Through expansion and acquisitions of Greenwich Pizza [1] Corp. which enabled it to enter the pizza-pasta segment. In early 2006, Jollibee Foods Corp. bought out the remaining shares of its partners in Greenwich Pizza Corporation, equivalent to a 20% stake, for P384 million in cash.[2][3][4][5] As of August 2008, Tan's Jollibee has a total of 1,480 stores worldwide including Jollibee, Red Ribbon, Chowking, Greenwich, Manong Pepe's, Mang Inasal and Tita Frita's Uling Uling.[6]

Awards[edit]

  • Entrepreneur Of The Year Philippines, 2004[7]
  • Ernst and Young Entrepreneur of the Year World, 2004

References[edit]

  1. ^ a b Go, Josiah (2001). Fundamentals of Marketing: In The Philippine Setting. Quezon City, Philippines: Design Plus. pp. 1–2. ISBN 971-91860-5-4. 
  2. ^ Ordinario, Cai U. (2006-01-18). "Jollibee Foods buys out partner in Greenwich Pizza". BUSINESS (The Manila Times Internet Edition). Archived from the original on 2007-06-21. Retrieved 2007-03-12. 
  3. ^ "Restaurant chain trains staff, bags corporate social responsibility award". Cebu (Sun.Star Publishing, Inc.). 
  4. ^ Arcibal, Cheryl M. "Jollibee group buys out partner in Delifrance". BUSINESS (The Manila Times Internet Edition ss/20061111bus4.html). 
  5. ^ "Philippine fast-food giant acquires China chain". Afp.google.com. 2007-09-20. Retrieved 2013-09-14. 
  6. ^ based-restaurant "gmanews.tv, Jollibee to acquire entire stake in China-based restaurant". Gmanews.tv. 2008-08-26. Retrieved 2013-09-14. 
  7. ^ Food industry giant founder is Philippines' first Entrepreneur Of The Year[dead link]