MANILA, Philippines – The passing of the corporate torch from the first to the second and now the third generation of the Conception family has taken place with the assumption of Raul Joseph (Jojo) Concepcion as Concepcion Industries Inc. president and concurrent Concepcion Carrier Airconditioning Co. president.
It was outgoing Concepcion Industries president Raul (Ronnie) Concepcion, himself, who made the announcement during the 50th founding anniversary rites of the firm founded by the late family patriarch Jose Concepcion Sr. in 1962 to locally manufacture refrigerators, air conditioners and other home and industrial appliances.
Ronnie will, remain board chairman with twin brother Jose Jr. and sister Mely as board members.
Other members of the third generation who have assumed top positions at the corporate ladder of several Concepcion-led firms are Renna Hechanova Angeles, Concepcion Industries director and Concepcion Durables vice chairman; Raul Anthony (Ton) Concepcion, Concepcion Industries director and Concepcion Durables president; Rafael Concepcion Hechanova Jr., Concepcion Carrier sales and marketing vice president; Raul Stephen (Robie) Concepcion, Concepcion Industries group finance vice president; and Raul Patrick Concepcion, Concepcion Industries service and customer relations vice president.