Tony Tan Caktiong
Encyclopedia
Tony Tan Caktiong is the founder and current Chairman and CEO of Philippine
fast food
chain Jollibee
. He attended high school at Chiang Kai Shek College
and graduated from the University of Santo Tomas
with a degree in chemical engineering
. Caktiong had initially planned an ice cream parlor
when he founded Jollibee, then added dishes such as hamburgers, french fries
, and fried chicken
.
Caktiong, on July 8, 2008 was elected board director of Philippine Long Distance Telephone Co. (PLDT)'s 11-member board replacing Ma. Lourdes Rausa-Chan. He is also an independent director of First Gen Corp. Also, Caktiong top billed the World Intellectual Property Organization
(WIPO) video documentaries. The WIPO webcast page featured personalities chosen from the 184 member states.
in 1978, after having started it as an ice cream parlor in 1975. Jollibee became a household name in the Philippines even though it went head to head against fast food giant McDonald's. Through expansion and acquisitions of Greenwich Pizza
Corp. in 1994 enabling it to penetrate the pizza-pasta segment. From a 50-branch operation, Greenwich
has established a strong presence in the food service industry. In early 2006, Jollibee Foods Corp. bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for P384 million in cash., Chowking
in 2000 and Hongzhuangyuan in 2007, he has turned it into one of the largest fast-food chains in the world. 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.
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
fast food
Fast food
Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food, typically the term refers to food sold in a restaurant or store with preheated or precooked ingredients, and served to the customer in a...
chain Jollibee
Jollibee
Jollibee Foods Corporation is the parent company of Jollibee, a fast-food restaurant chain based in the Philippines. Among JFC's popular brands are Jollibee, Chowking, Greenwich, Red Ribbon, Caffe Ti-amo, Mang Inasal and Burger King...
. He attended high school at Chiang Kai Shek College
Chiang Kai Shek College
Chiang Kai Shek College is a Chinese-Filipino institution of higher learning founded by overseas Chinese-Filipinos, recognized by both the government of Republic of the Philippines and the Republic of China...
and graduated from the University of Santo Tomas
University of Santo Tomas
The Pontifical and Royal University of Santo Tomas, The Catholic University of the Philippines , is a private Roman Catholic university run by the Order of Preachers in Manila. Founded on April 28, 1611 by archbishop of Manila Miguel de Benavides, it has the oldest extant university charter in the...
with a degree in chemical engineering
Chemical engineering
Chemical engineering is the branch of engineering that deals with physical science , and life sciences with mathematics and economics, to the process of converting raw materials or chemicals into more useful or valuable forms...
. Caktiong had initially planned an ice cream parlor
Ice cream parlor
Ice cream parlors are places that sell ice cream and frozen yogurt to consumers. Ice cream is normally sold in two varieties in these stores: soft-serve ice cream , and hard-packed, which has an assortment of flavors, as well as frozen yogurt, which is a low-fat alternative and tastes slightly...
when he founded Jollibee, then added dishes such as hamburgers, french fries
French fries
French fries , chips, fries, or French-fried potatoes are strips of deep-fried potato. North Americans tend to refer to any pieces of deep-fried potatoes as fries or French fries, while in the United Kingdom, Australia, Ireland and New Zealand, long, thinly cut slices of deep-fried potatoes are...
, and fried chicken
Fried chicken
Fried chicken is a dish consisting of chicken pieces usually from broiler chickens which have been floured or battered and then pan fried, deep fried, or pressure fried. The breading adds a crisp coating or crust to the exterior...
.
Caktiong, on July 8, 2008 was elected board director of Philippine Long Distance Telephone Co. (PLDT)'s 11-member board replacing Ma. Lourdes Rausa-Chan. He is also an independent director of First Gen Corp. Also, Caktiong top billed the World Intellectual Property Organization
World Intellectual Property Organization
The World Intellectual Property Organization is one of the 17 specialized agencies of the United Nations. WIPO was created in 1967 "to encourage creative activity, to promote the protection of intellectual property throughout the world"....
(WIPO) video documentaries. The WIPO webcast page featured personalities chosen from the 184 member states.
Jollibee
Caktiong founded the fast food chain JollibeeJollibee
Jollibee Foods Corporation is the parent company of Jollibee, a fast-food restaurant chain based in the Philippines. Among JFC's popular brands are Jollibee, Chowking, Greenwich, Red Ribbon, Caffe Ti-amo, Mang Inasal and Burger King...
in 1978, after having started it as an ice cream parlor in 1975. Jollibee became a household name in the Philippines even though it went head to head against fast food giant McDonald's. Through expansion and acquisitions of Greenwich Pizza
Greenwich Pizza
Greenwich Pizza is the largest pizza and pasta chain in the Philippines.Greenwich started as an over-the-counter pizza store in the Greenhills Commercial Center in Metro Manila in 1971. In 1994, Jollibee Foods Corporation obtained a deal acquiring 80% of Greenwich shareholding. Then in 2006...
Corp. in 1994 enabling it to penetrate the pizza-pasta segment. From a 50-branch operation, Greenwich
Greenwich Pizza
Greenwich Pizza is the largest pizza and pasta chain in the Philippines.Greenwich started as an over-the-counter pizza store in the Greenhills Commercial Center in Metro Manila in 1971. In 1994, Jollibee Foods Corporation obtained a deal acquiring 80% of Greenwich shareholding. Then in 2006...
has established a strong presence in the food service industry. In early 2006, Jollibee Foods Corp. bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for P384 million in cash., Chowking
Chowking
Chowking is a Philippine-based chain that pioneered the Asian quick-service restaurant concept in the Philippines. The concept combines a Western fast-food service style with Chinese food. Chowking predominantly sells noodle soups, dim sum, and rice toppings...
in 2000 and Hongzhuangyuan in 2007, he has turned it into one of the largest fast-food chains in the world. As of August 2008, Tan's Jollibee has a total of 1,480 stores worldwide including Jollibee
Jollibee
Jollibee Foods Corporation is the parent company of Jollibee, a fast-food restaurant chain based in the Philippines. Among JFC's popular brands are Jollibee, Chowking, Greenwich, Red Ribbon, Caffe Ti-amo, Mang Inasal and Burger King...
, Red Ribbon
Red Ribbon (bakeshop)
Red Ribbon Bakeshop is a popular fast-food chain and bakery in the Philippines and the United States, offering a wide range of cakes and pastries. The chain began in the Philippines in 1979 in Quezon City along Timog Avenue and started franchising in 1999. In 1984, they opened their first US...
, Chowking
Chowking
Chowking is a Philippine-based chain that pioneered the Asian quick-service restaurant concept in the Philippines. The concept combines a Western fast-food service style with Chinese food. Chowking predominantly sells noodle soups, dim sum, and rice toppings...
, Greenwich
Greenwich Pizza
Greenwich Pizza is the largest pizza and pasta chain in the Philippines.Greenwich started as an over-the-counter pizza store in the Greenhills Commercial Center in Metro Manila in 1971. In 1994, Jollibee Foods Corporation obtained a deal acquiring 80% of Greenwich shareholding. Then in 2006...
, Manong Pepe's, Mang Inasal and Tita Frita's Uling Uling.
Awards
- Entrepreneur Of The Year Philippines, 2004
- Ernst and Young Entrepreneur of the Year World, 2004