Ricardo Po Sr.—founder and chairman emeritus of Century Pacific Food—passed away on Monday, his company said in a statement to the Philippine Stock Exchange.
—passed away on Monday due to complications arising from surgery, his company said in a statement.
“Under his vision and leadership, the Century Pacific Group has grown its interests from affordable food and beverages to family restaurant chains and sustainable real estate developments,” it said. “He leaves behind a legacy of compassion through the RSPo Foundation, Inc., a non-profit organization dedicated to alleviating hunger among vulnerable communities.”
The self-made entrepreneur started Century Pacific in 1978 as a tuna canner that primarily exported its products before marketing its own flagship Century Tuna brand in the Philippines in 1986, according to the company’s website. The company has since expanded into other products—such as 555 Sardines, Argentina Corned Beef, Blue Bay Tuna and Birch Tree Milk—and generating record net sales of 48.3 billion pesos at the height of the pandemic in 2020.
Born to a poor family from Guangzhou, China, Po migrated to the Philippines with his mother in 1947 in search for greener pastures. He taught himself English and worked as a translator for other Chinese migrants in Binondo, the Chinatown district of Manila, before working us a journalist for a Chinese-language newspaper.
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