Peter Salud, the chairman of two publicly-listed firms of bilyonaryo William Gatchalian, has passed away.
Wellex Industries and Forum Pacific told the Philippine Stock Exchange that Salud died on October 20. He was 67 years old.
Gatchalian has known Salud for 40 years.
Salud was a senior manager of Metropolitan Bank and Trust Co. from 1978 to 1989 before he was recruited by Gatchalian to join his group.
Aside from Wellex and Forum, Salud is also chairman and president of Sands Mining, Southernpec and Vista Buena Mining. He is also president of Forum Exploration Wellex Petroleum, Manila Sands Hotel, Philippine International Airways, and Country Garden Agri-Tourism Development.