SHANGHAI – Jose Victor Paterno, president and CEO of Philippine Seven Corp. dba 7-Eleven Convenience Store, has won the NACS Asian Convenience Retail Leader of the Year award. The award, endowed by PepsiCo, recognizes and honors the contribution of the most successful and influential convenience industry leader of 2019 in the Asian region.
The 2019 NACS Asian Convenience Retail Leader Award was presented before an international audience of leading convenience retailers and suppliers at the NACS Convenience Summit Asia on March 7 in Shanghai, China. Paterno joins 2018 winner Richard Yeung, CEO of Circle K Convenience Stores (HK) Ltd., and 2017 winner Tomoyasu “Tommy” Marutani, president of Secoma, in esteemed company.
Paterno is recognized for navigating Philippine Seven through the implementation of one of the most complicated supply chain networks in Asia. The company operates 13 warehouses nationwide and overcomes the country's island geography to deliver daily to 2,600 stores across an archipelago that comprises more than 7,000 islands. The warehouses carry 3,000 different items, compared to several hundred for retailers that don't follow the convenience store model. On top of that, his company uses that network to offer store pick-up points for items ordered online through their CLiQQ Shop and Rewards Program, making the Philippines convenience chain a true “online-to-offline” retailer.
“Not only is the dynamism of Philippines Seven’s drive to redefine convenience impressive (e.g., the CLiQQ Shop, etc.), Victor’s personal commitment to and support of our global convenience retail industry is widely respected,” said Henry Armour, president and CEO of NACS.
A one-time technology entrepreneur, Paterno believes in the potential for technology to transform small-format retail. He is an engineer by education who fell into retailing when he joined the company at his father’s invitation as construction and maintenance manager in 1993. Although the position was supposed to be temporary, Paterno was intrigued by the complexities of retailing and stayed on longer than planned. He was appointed president and CEO in 2005 by majority shareholders President Chain Store of Taiwan.
The 2019 NACS Convenience Summit Asia will take place in Shanghai, China, where attendees will experience a robust conference agenda featuring inspiring speakers and case studies, thought-provoking discussions on critical industry topics, along with interactive store tours. For more information visit convenience.org/Asia.