Erramon aboitiz biography of william hill

Erramon Aboitiz, the fourth-gen chief executive officer of Filipino family business Aboitiz Equity Ventures, has postponed his retirement plans for three years in order to ensure a smooth leadership transition for his children.

According to a company statement, the board extended Aboitiz's tenure in order to ensure the group's long-term goals and said the 58-year-old would now retire in late 2019.

A number of fifth generation family members work within the business – Ana Aboitiz-Delgado, Rafa de Mesa, Carlos Aboitiz, Tristan Aboitiz and William Paradies – but no leader has reportedly emerged.

“The Aboitiz Equity Ventures board is committed to ensuring that the Aboitiz group's long-term goals are successfully attained.

The extension of Mr Aboitiz's employment was made to ensure a smoother transition of leadership and the continued execution of the group's initiatives,” the statement said.