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Companies

Philippines' Universal Robina appoints first outsider CEO

Expanding food and beverage group announces rare management reorganization

JG Summit chief executive Lance Gokongwei wants his Philippine conglomerate to focus on a few high value big bets. (Photo by Lester Babiera)

MANILA -- Philippine food and beverage producer Universal Robina has appointed an outsider as its chief executive in a rare organizational shake-up in the company controlled by the influential Gokongwei family.

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