Eugenio H. López Sr.
Chairman, Chronicle Broadcasting Network (now ABS-CBN Corporation)
In office
September 24, 1956  September 22, 1972
Preceded byAntonio Quirino (1952–1957; as Chairman of Alto Broadcasting System, later merged with Chronicle Broadcasting Network)
James Lindenberg (Bolinao Electronics Corporation)
Succeeded byFernando López (reopened ABS-CBN)
Personal details
Born
Eugenio Hofileña López

(1901-07-20)July 20, 1901
Jaro, Iloilo City, Philippine Islands
DiedJuly 5, 1975(1975-07-05) (aged 73)
San Francisco, California, U.S.
NationalityFilipino
SpousePacita de Santos Moreno
ChildrenEugenio López Jr.
Oscar M. López
Presentación M. López-Psinakis
Manuel M. López
Roberto M. López
OccupationJournalist, broadcaster
Known forFather of Philippine TV

Eugenio "Eñing" Hofileña López Sr. (Tagalog: [uˈhɛnjo ˈlɔpɛs]; July 20, 1901 – July 5, 1975) was a leading business figure in the Philippines. He was the founder of López Group of Companies. He belonged to the prominent López family of Iloilo, one of the leading political families in the Philippines.

Personal life

López was born on July 20, 1901, in Jaro, Iloilo City. His parents were Benito Villanueva López, a former governor of Iloilo, and Presentación Javelona Hofileña. He was the older brother and only sibling of former Philippine Vice President Fernando López. He received his education at the Ateneo de Manila where he graduated in 1919, and later the original campus of the University of the Philippines in Manila, where he took up law and graduated in 1923.[1] He earned his master of laws degree from Harvard University.[2]

He was the first president, or "charter president", of the Rotary Club of Iloilo, the third oldest Rotary Club in the Philippines.[3]

Career

López began as a provincial bus operator, and eventually became chairman of ABS-CBN Broadcasting Corporation, the Philippine's largest media conglomerate, and president of the Manila Electric Company (Meralco). In 1972 he accepted a Distinguished Service Award from the Harvard Business School, but several months later was compelled by President Ferdinand Marcos to sign over his shares in Meralco, was stripped of his holdings and forced into exile.[4]

Death

His eldest child and heir apparent, Eugenio López Jr., or Geny, was jailed on charges of conspiring to assassinate Ferdinand Marcos. This was carried out by Marcos in order for Don Eñing, who was at that time was in exile in United States to sell his businesses to him, his family and relatives and to his cronies. At one time, Marcos would send the then-Philippine Ambassador to the US, Benjamin Romualdez, a brother of then-First Lady Imelda Marcos, to San Francisco, California, where the elder López was living along with his daughter, Precy and her Greek husband Steve Psinakis, to convince him to relinquish ownership of his businesses in his home country in order for it to sell to his entourage with a promise that his eldest child, Geny, would be released from jail. Don Eñing agreed, but his firstborn would remain in detention. As a result, he was double-crossed by the Marcos regime and his businesses were then completely in their hands. He was later diagnosed with cancer and died on July 5, 1975.

López was portrayed by Armando Goyena in the 1995 film Eskapo.

See also

References

  1. "Lopez Museum: Nostalgia". Lopez Link. March 10, 2009. Retrieved August 2, 2012.
  2. "Eugenio H. Lopez Sr., pioneer and nationalist". Lopez Link. July 3, 2012. Retrieved August 2, 2012.
  3. "TDG consultant inducted 66th RC Iloilo president". The Daily Guardian. July 15, 2013. Archived from the original on October 6, 2014. Retrieved October 4, 2014.
  4. McCoy, Alfred W. An Anarchy of Families: State and Family in the Philippines, 429

Further reading

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