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Organizational Structure Chart of Mercur

The document outlines the organizational structure chart of Mercury Drug Corporation, a Philippines-based pharmacy group. It is a wholly owned subsidiary of Mercury Group of Companies, Inc. and was founded in 1945 by Mariano Que. It operates over 450 drugstores nationwide and remains privately held and led by members of the Que family.

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Alzcareen Erie Liwayan
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1K views3 pages

Organizational Structure Chart of Mercur

The document outlines the organizational structure chart of Mercury Drug Corporation, a Philippines-based pharmacy group. It is a wholly owned subsidiary of Mercury Group of Companies, Inc. and was founded in 1945 by Mariano Que. It operates over 450 drugstores nationwide and remains privately held and led by members of the Que family.

Uploaded by

Alzcareen Erie Liwayan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Organizational Structure Chart of Mercury Drug

QUE, MARIANO

Chairman

MACATANGAY, ANTONIO C. (DR.)

PRESIDENT/DIRECTOR

ROMERO, JOSEFINA P. ORTIZ-LUIS, INOCENCIO JR.


(ATTY.)
TREASURER/DIRECTOR
CORPORATE SECRETARY

AZCONA, VIVIAN QUE

DIRECTOR

BATILARAN, SULPICIO

DIRECTOR
QUE, M., Filipino, born on August 15, 1920. As of 09.98, Chairman/President, Mercury
Group of Companies Inc.; as of 06.00, Chairman, Philusa Corporation; as of 10.00,
Chairman, M L M Foods Inc.; as of 07.00, President/Director, Tropical Hut Food Mart
Inc.; as of 03.98, Chairman/President, Mercury Drug Corporation; as of 09.99,
President/Chief Executive Officer/Director, Trinity Franchising And Management Corp.;
as of 06.00, Chairman, Philusa Distributors Inc.

ROMERO, J. P. As of 10.00, Vice President – Finance/Director, MLM Foods Inc.; as of


08.00 Treasurer/Director, Mercury Drug Corporation, as of 07.00 Treasurer/Director,
Tropical Hut Food Market Inc.; as of 02.00 Treasurer/Corporate Secretary/Director, Elta
Industries Inc.; as of 09.99, Director, Trinity Franchising and Management Corporation.

ORTIZ LUIS, I. JR., Filipino, born on February 6, 1933. Bachelor of Laws, Ateneo De
Manila University. As of 03.98, Corporate Secretary, Trinity Franchising And
Management Corp.; as of 03.98, Corporate Secretary/Director, Milestone Development
Corp.; as of 03.98, Corporate Secretary/Director, Pacifica Agrivet Supplies Inc.; as of
03.98, Corporate Secretary/Director, Apollo Chemicals Inc.; as of 03.98, Corporate
Secretary, Mercury Group of Companies Inc.; as of 03.98, Corporate Secretary, Philusa
Corp.; as of 03.98, Corporate Secretary, M L M Foods Inc.; as of 03.98, Corporate
Secretary, Tropical Hut Food Mart Inc.; as of 03.98, Corporate Secretary/Legal Counsel,
Mercury Drug Corporation.

AZCONA, V. Q., Filipino, born on September 1, 1955. Bachelor of Science in Pharmacy,


University of Santo Tomas. As of 03.98, President/Director, Pacifica Agrivet Supplies
Inc.; as of 03.98, Vice President/Director, Milestone Development Corp.; as of 10.00,
Director M L M Foods Inc.; as of 03.98, President/Director, Apollo Chemicals Inc.; as of
02.00, Director, Elta Industries Inc.; as of 08.00, President/Director/General Manager,
Mercury Drug Corp.; as of 09.98, Vice President/Director, Mercury Group of Companies
Inc.; as of 04.98, Director, Tropical Hut Food Mart Inc.; as of 09.99, Vice
President/Director, Trinity Franchising And Management Corp; as of 06.00, Director,
Philusa Corp.

Wholly Owned Subsidiary of Mercury Group of Companies, Inc.


Incorporated: 1945
Employees: 7,000
Sales: PHP 42.98 billion ($8.8 billion) (2003 est.)
NAIC: 446110 Pharmacies and Drug Stores

Mercury Drug Corporation is the Philippines' dominant pharmacy


group. The Quezon City-based company operates a national chain of
more than 450 drugstores, including company-owned and franchised
stores. Mercury Drug is estimated to sell as much as 60 percent of all
medicines sold each year in the Philippines (the country's hospitals
sell about 12 percent of medicines). Mercury Drug's pharmacies follow
the American model, combining drug and medical equipment sales
with over-the-counter medicines, personal care items, basic household
needs, cosmetics and other beauty products, and the like. Most of
the company's stores also are equipped to store and sell serums, blood
plasma, albumin, and similar biologically active medical products. In
addition to its drugstores, Mercury operates a chain of Mercury Drug
Superstores. Generally attached to the company's pharmacies, the
Mercury Drug Superstores extend the group's assortment to include
convenience store and fast-food items. By the mid-2000s, Mercury
Drug Corporation operated more than 150 Mercury Drug Superstores.
Founded by Mariano Que, who first sold pills from a pushcart in the
1940s, Mercury Drug Corporation remains a privately held company.
Leadership of the company also remains in the family: The company's
president is Mariano Que's daughter, Vivian Que-Ascona. Mercury Drug
is asubsidiary of the Mercury Group of Companies, which governs
other Que family interests, including the 10*Q convenience store chain
and the Tropical Hut fast-food group. In 2003, Mercury Drug's revenues
amounted to nearly PHP 43 billion ($8.8 billion).

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