Much of the company's success was due to elder Dorrance's invention of condensed soup. The Board announced that it elected Bennett Dorrance Jr., 51, an entrepreneur who has invested in a variety of successful for-profit and non-profit enterprises focused on sustainability, land management, and health and wellness. And, according to Forbes, Los Angeles Angels owner Arturo Moreno is the richest person in Arizona, going from a net worth of $3.0 billion in 2019 to $3.3 billion this year to rank at No. Dozens of family members depend on the dividends they receive from the company to underwrite their comfortable lives. Campbell Soup Company (NYSE:CPB) announced today that Bennett Dorrance has decided to retire from the companys Board of Directors. As a major shareholder, Dorrance has provided extensive knowledge of Campbells history, organization and culture to his work on the Board. Its an approach he has used before as an activist investor with a knack for acquiring stakes in companies that have been underperforming. At Campbell Soup Company, we promise to treat your data with respect and will not share your information with any third party. Pin. Mr. McLoughlin also disputes the idea that the Dorrance descendants wield too much influence at the company or that they are responsible for its problems. The founder of the Discount Tire chain owns this 15,900 sq. What he found was the combined teachings of our fundamental right and need to be connected in service to Earth (Malama 'Aina), and the possibility of collective healing and awakening supported through Aloha-based culture. Were interlopers whove come in, and theyve decided to stick with the status quo, Mr. Loeb said in an interview. Bennett Dorrance, Mark Shoen, Bob Parsons, and Ernest Garcia II round out the Top 5 richest in Arizona. FT COMPLEX But Mr. McLoughlin, the interim chief executive, said that Mr. Loeb and his deputies had painted an overly pessimistic picture of the company. Bennett Dorrance is the billionaire heir to the Campbell Soup fortune. Investors: Rebecca Gardy (856) 342-6081 [emailprotected], Media: James Regan (856) 219-6409 [emailprotected]. Ashley Dorrance Kaplan Bought a Brentwood House - DIRT Who is Bennett Dorrance. Bennett Dorrance - Genealogy

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