Vicente Paterno

Vicente Tirona Paterno (November 18, 1925 – November 21, 2014) was a Filipino businessman and politician. He served as Minister of Industry (1974–1979) and of Public Highways (1979–1980) during the Ferdinand Marcos' government. He also served as a member of the Interim Batasang Pambansa from 1978 to 1984 and later as Senator from 1987 to 1992.[1]

Vicente Paterno
Senator of the Philippines
In office
June 30, 1987  June 30, 1992
Deputy Executive Secretary for Energy
In office
April 1986  February 1987
PresidentCorazon Aquino
Chairman of the Philippine National Oil Company
In office
March 1986  February 1987
PresidentCorazon Aquino
Mambabatas Pambansa (Assemblyman) from Region IV
In office
June 12, 1978  June 5, 1984
Minister of Public Highways
In office
1979–1980
Preceded byBaltazar Aquino
Succeeded byJesus Hipolito
Secretary/Minister of Industry
In office
1974–1979
Preceded byTroadio Quiazon
Succeeded byRoberto Ongpin
Personal details
Born
Vicente Tirona Paterno

(1925-11-18)November 18, 1925
Quiapo, Manila, Philippine Islands
DiedNovember 21, 2014(2014-11-21) (aged 89)
Makati, Philippines
NationalityFilipino
Political partyPDP–Laban
KBL
SpouseSocorro Paz Trinidad Pardo
Children5
Alma materUniversity of the Philippines, Harvard Business School
OccupationBusinessman and politician

Early life

Vicente Tirona Paterno was born in Quiapo, Manila on November 18, 1925, to Jose P. Paterno and Jacoba Encarnacion Tirona.[2]

Educational life

He is a graduate of De La Salle high school class 41 and later on earned his Bachelor of Science in Mechanical Engineering degree at the University of the Philippines in 1948 and obtained Master of Business Administration at Harvard University in 1953.

Paterno was a lecturer in graduate school of U.P., La Salle and Ateneo de Manila from 1954 to 1962.

Personal life

He is survived by his wife Baby, his children Judy, Mailin, Maite, Victor and Tina, and his eight grandchildren.

Career

In October 1982, he founded Philippine Seven Corp. He is known for becoming the first general manager of Phinma and the first Filipino treasurer of Manila Electric Company (Meralco).

Paterno started Philippine Seven Corporation in 1982. Popularly known as 7-Eleven, the convenience store has over 1,200 branches in the country.

He served as independent director for different companies such as City Resources Phil Corp., Benpres Holdings Corp., Metro Pacific Tollways Corp., Cityland Development Corp. and of First Philippine Holdings. He eventually resigned as his health failed.

Paterno won several awards – the Order of the Sacred Treasure from the Emperor of Japan, the 1982 MAP Management Man of the Year, and the 2013 Ramon V. del Rosario Award.[3]

Political life

He was elected as a representative to the Batasang Pambansa following his resignation from President Ferdinand Marcos's Kilusang Bagong Lipunan. He criticized the administration's assassination of opposition Sen. Benigno Aquino Jr. With Marcos, Paterno said technocrats had free reins to handle the economy except in cement prices, as he felt Marcos knew little in economics but had an edifice complex.[4]

He became chairman of the National Citizens' Movement for Free Elections (Namfrel) during the 1986 presidential elections.

Afterwards, Paterno was appointed Deputy Executive Secretary for Energy from April 1986 to February 1987, and Chairman of the Philippine National Oil Company from March 1986 to February 1987.

President Corazon Aquino convinced him to run for senator. He served one term from 1987 to 1992.

Death and legacy

Former Senator Vicente Paterno died at 8:40 in the morning of November 21, 2014. He was 89 years old.[3]

References

  1. "Vicente T. Paterno". senate.gov.ph. Retrieved November 27, 2014.
  2. "Let us now praise (humble) men". BusinessWorld. November 10, 2014. Retrieved December 4, 2014.
  3. "Former Senator Paterno dies". GMA News. November 21, 2014. Retrieved November 27, 2014.
  4. Abinales, Patricio (2005). State and Society in the Philippines. Rowman. p. 208. ISBN 9780742568723.
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