Thomas Tan quits San Miguel board after 10 years

A top executive of San Miguel Corp. (SMC) led by ultra bilyonaryo Ramon S. Ang is leaving the company’s board.

Thomas A. Tan submitted his resignation letter on July 21 without stating any reason for his departure.

Tan’s resignation will take effect on July 31.

Tan, who has been an SMC director since 2012, is a director of San Miguel Foods, president and general manager of SMC Shipping and Lighterage, and head of Saturn Cement and Sakomoto International Packaging.