1. Bennett Dorrance, Jr., moved to Hawaii in search of a different way to be on Earth, to be a practicing heartist. create, use, and are represented in the collections we manage. Student Academic Files are restricted during the lifetime of the student. James_Regan@campbells.com, Rebecca Gardy As a major shareholder, Dorrance has provided extensive knowledge of Campbells history, organization and culture to his work on the Board. (One of the artists soup can paintings hangs in the companys boardroom.). As children, family members would summer in Bar Harbor, Me., and dress up as Campbell kids and soup cans. Spring2021update|FAQpage | Class flexibility for students | Novel coronavirus updates. Dorrance is a founding partner of DMB Associates, an Arizona real estate development firm. $15B. He is a real estate developer who collects vintage cars and is a pilot with his own private hangar in Arizona. He keeps a low profile but apparently remains on good terms with his brother Joe, who still runs the U-Haul business. At Campbell Soup Company, we promise to treat your data with respect and will not share your information with any third party. The estimated Net Worth of Bennett Dorrance is at least $66.2 Million dollars as of 10 May 2018. McLoughlin said, We are excited to welcome Bennett to the Campbell Board. At Hangar One, he will also showcases his personal collection of vintage automobiles in a special viewing gallery. On behalf of Campbell and my fellow board members, we thank him for his many contributions to the company and wish him and his family the very best in his retirement.. Arizona that sometimes houses his vintage car collection. To manage your email preferences, click here. Bennett Dorrance net worth: Bennett Dorrance's net worth is $2.6 billion dollars which makes him one of the richest people in Arizona. Since 1989, he was a part of the board of the company and currently, he owns 15% . Dorrance Jr. is also a member of the Board of Directors of the Julie Ann Wrigley Global Institute of Sustainability at Arizona State University. For screen reader problems with this website, please call 1-844-995-5545. The grandson of John T. Dorrance, the inventor of condensed soup, Bennett Dorrance owns a 15% stake in Campbell Soup. Bennett Dorrance, Mark Shoen, Bob Parsons, and Ernest Garcia II round out the Top 5 richest in Arizona. harmful language and harmful content as part of routine description work. Dozens of family members depend on the dividends they receive from the company to underwrite their comfortable lives. Carvana was founded by Garcias son, Ernest Garcia, III, as a subsidiary of DriveTime Automotive and was later spun out. Bennett Springs 6063; North Fremantle 6159; Hammond Park 6164; Singleton 6175; Coolbinia 6050; South Fremantle 6162; Stirling 6021; Two Rocks 6037; Kiara 6054; 2023 The Trustees of Princeton University. As a subscriber, you have 10 gift articles to give each month. (His father's) will left the bulk of his estate to his grandchildren in six equal shares. 5.8 ACRES OF LAND Please enable JavaScript in your browser's settings to use this part of Geni. Who is Bennett Dorrance. The hedge fund, I.S.S. Mr. Strawbridge said that was the kind of deal he was hoping for when he teamed up with Mr. Loeb. Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. Her daughter is also an equestrian, specializing in dressage, and co-founded a high-end shoe line called Malone Souliers. John T. Dorrance Jr. was the chairman of the Campbell Soup Company from 1962 to 1984, He was the son of Dr. John T. Dorrance, the company's first president and the inventor of canned condensed soup. Bennett has sat on the company's board since 1989. Bennett Dorrance, left, and Archbold D. Van Beuren, descendants of the Campbell founder, at the 2012 New Jersey Hall of Fame induction ceremony. Line services are available 24 hours . 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. Bennett Dorrance, Jr. was born and raised in Arizona and currently works and resides on the Island of Hawaii with his wife, Delphina, and their three beautiful children, Orion, Jax and Aurora. Theres lots to work with.. The firm is dedicated to real estate development and is largely focused on planned community developments in Arizona. in art history from Princeton University and a masters degree in sustainable leadership from Arizona State University. Line services are available 24 hours a day, 7 days a week. 13 talking about this. CAMDEN, NJ. Bennett Dorrance is a grandson of Campbell Soup founder John T. Dorrance. American businessman Bennett Dorrance has an estimated net worth of $3.1 billion as of April 2016 according to Forbes. Bennett Dorrance, Mark Shoen, Bob Parsons, and Ernest Garcia II round out the Top 5 richest in Arizona. At Hangar One, he will also showcases his personal collection of vintage automobiles in a special viewing gallery. Dorrance Jr. earned his B.S. Included are eight bedrooms, ten baths, formal rooms, family and game rooms with extensive accommodations for long or short term guests. Since joining the Board, Bennett has helped to grow and protect Campbells legacy and guide management through many chapters, said Keith R. McLoughlin, Chair of the Board. FT COMPLEX harmful language, for example, language that is racist, sexist, or . CAMDEN, N.J.(BUSINESS WIRE) Campbell Soup Company (NYSE:CPB) announced today that Bennett Dorrance has decided to retire from the companys Board of Directors. The Campbell Soup Co. announced that Bennett Dorrance has decided to retire from the company's board of directors. When they are not making the case for why their approach is far superior, people on both sides of this corporate fight say they are open to a compromise. By submitting this form, you agree to receive communications, including product information, from Campbell Soup Company. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. 10 American Billionaire Families Who Control Humongous Corporations/Brands. Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. Bennett Dorrance (Photo: Business Wire) Dorrance is the longest-serving member of Campbell's Board of Directors with 33 years of service. Most recently, Dorrance was a member of the Boards Compensation and Organization, and Governance committees. Cars For Sale. Daniel Loeb is happy to play the barbarian at the gate. Shes into clean labeling, no artificial flavors and no chicken antibiotics, Mr. McLoughlin said. Ripe mamey fruit has a creamy t. Buddha's Hand looking like a Kraken head! I worked with the family two decades ago, Mr. Silverstein said. Bennett Dorrance, the dreamer and visionary behind Hangar One is a lifelong flight enthusiast and passionate aviator who has been a pilot since 1965. . Dorrance is the longest-serving member of Campbells Board of Directors with 33 years of service. As of November 2015, Forbes estimated his net worth at US$2.6 billion. said, has presented a compelling case that change at the board level is warranted.. Investors: Rebecca Gardy (856) 342-6081 [emailprotected], Media: James Regan (856) 219-6409 [emailprotected]. Bennett Dorrance. Having multiple planes in one location allows a pool of highly trained pilots and mechanics to offer members the tremendous benefit of shared resources. harmful content If you experience any issues with this process, please contact us for further assistance. It may be hard to think of a fellow billionaire as an outsider in this milieu, but thats how Mr. Loeb and Third Point portray their fight with the Dorrance clan. Mr. Dorrance also runs DMB Associates. Welcome to Bennett's Detailing a Locally owned and operated Premium Automotive Detailing Business Bennett's Detailing | Orange NSW The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance . Undergraduate Academic Files, Series 8, 1990-1999, Collection Description & Creator Information, harmful or offensive He is the cofounder and a board member of Kohala Institute in North Kohala, Hawaii, which supports local farmers, local schools, alternative energy initiatives, and land and historic preservation. In addition, he makes $128,000 as Independent Director at Campbell Soup Co. Global Institute of Sustainability and Innovation, Vice President, The Dorrance Family Foundation, Member, Board of Directors of the Global Institute of Sustainability and Innovation at ASU. Simply put, we lost focus, the interim chief executive, Keith R. McLoughlin, told investors in August. He is currently married with two children. Their battle will culminate on Nov. 29, when Campbell shareholders vote on a proposal by Third Point to take five seats on the companys board. Michael Silverstein, a former food industry consultant with Boston Consulting Group who is advising Third Point, suggested the heirs were a big part of the problem. The company also owns popular commercial brands likeV8 (vegetable juice), Swanson,Pace (salsa) andPepperidge Farm (Goldfish and cookies). Third Point, Mr. Loebs hedge fund in Manhattan, is pushing for the sale or restructuring of Campbell, a slumping food giant that has called Camden, N.J., home for nearly 150 years. homophobic, in our finding aids. But Mr. McLoughlin, the interim chief executive, said that Mr. Loeb and his deputies had painted an overly pessimistic picture of the company. If you would prefer to It is also why the farm is committed to creating partnerships and programs that help perpetuate aina and aloha based practices.. He sided with his brother Joe in a nasty family feud in which Joe wrested control of U-Haul away from their father. Please use this area to report errors or omissions that appear in the that terminology evolves over time and that efforts to create respectful 15220 North 78th Way, Scottsdale, Arizona 85260. John Dorrance III (born 1943/1944) is an American-born Irish billionaire businessman and Campbell's Soup heir. May this day be, Happy Aloha Friday Everyone You can help us address When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. About Staff. Anyone can read what you share. Happ, We are so excited to welcome these hard working po, Life is subLime here at Dragon Heart Farm WORLD-CLASS DESIGN He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has served with distinction on all the Boards standing committees. Mr. Loeb has even persuaded one dissident Dorrance heir and a former Campbell board member, George Strawbridge Jr., to join his campaign. Do I need permission to quote or publish from Special Collections material? Ernest Garcia is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that conducted an IPO in 2017. As the managing director and co-founder of the real estate development firm DMB Associates, Dorrance also provided business, entrepreneurial and operational expertise. encounter on this site by using the form below. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. He has previously waged campaigns at Nestl, Yahoo, Baxter International and Sothebys, many of which entailed months of bruising public-relations battles. Much of the company's success was due to elder Dorrance's invention of condensed soup. 2023 Celebrity Net Worth / All Rights Reserved. His son Stewart won the Maryland Hunt Cup in 2007, among the worlds most arduous steeplechase races. Bennett Dorrance. He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has . The company has run into very hard times and has been undermanaged and undersupervised., But Mr. Loeb, who controls more than 7 percent of Campbell stock through Third Point, will need to win over many more shareholders to be successful. Campbell has $8 billion in annual revenue and owns a portfolio of brands that includes Pepperidge Farm, Prego and V8. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation . Bennett Dorrance's House (Google Maps). Theirs is a world of privilege, complete with flying private planes and breeding and racing thoroughbreds. Campbell is clearly struggling. Contact Bennett directly. He is a graduate of the University of Arizona. Bennett Dorrance is known to be the grandson ofJohn T. Dorrance, who invented condensed soup and founded Campbell Soup. Bennett Dorrance, another board member, is worth $2.6 billion. 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. He said family board members frequently chimed in with helpful advice. All cars; Dealer cars; Used cars; . Dec 17, 2020. The Trustees of Princeton University hold copyright to all materials generated by Princeton University employees in the course of their work. The company turns an annual profit of approximately $7.7 billion. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. Most recently, Dorrance was a member of the Boards Compensation and Organization, and Governance committees. More than 100 family members are dependent on the dividend and fearful of what to do.. My cousins were complacent and ignored the truth, said Mr. Strawbridge, who owns nearly 3 percent of the company. Grandson of John T. Dorrance, the inventor of the famous canned soup formula, Bennett Dorrance owns a 15% stake in Campbell Soup Co. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona . We welcome all corrections and feedback using the button below. Dorrance is the cofounder and board member of Kohala Institute at Iole, providing opportunities for people to connect with the land and universal values for a better world. Campbell Board elects Bennett Dorrance Jr. as a director. But they say Mr. Loeb is just looking to make a quick profit on his investment and doesnt have the companys long-term interests at heart. His positive impact on the company will last far beyond his tenure on the Board. Bennett Dorrance's Height-Weight and Physical Condition in 2023 People are interested to know celebrities' physical conditions such as height, weight, hairstyle, eye color, etc. Bennett Dorrance, Jr. is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. Camden, NJ 08103. Related by financial asset: Campbell Soup Co. View Profile. . Munib Islam, a Third Point partner who is one of the hedge funds candidates for a board seat, said Campbell had lost sight of the interests of nonfamily shareholders. as of 12/16/20. (856) 342-6081 Pin. For the utmost in comfort and convenience, a generous covered launch area will provide shade for loading, easing the glare and heat of the sun. Dorrance Jr. is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. Shes as strong on the product as anyone on the board., Bennett Dorrance, Mr. McLoughlin said, is an expert in merchandising and pricing for Campbells products. Soup of all products is our savior., Campbell Soups Fate Hangs on Duel Between Company Heirs and Interloper, https://www.nytimes.com/2018/11/16/business/campbell-soup-company-dan-loeb-third-point.html. However, for a variety of reasons, users may encounter offensive or He is a real estate developer who collects vintage cars and is a pilot with his own private hangar in Arizona. line of ready-to-eat soups. 1998 Racing: 1 race: 0 wins: 0 podiums: 0 pole position? The Richest Person In Each Of The Biggest Cities In The U.S. He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has served with distinction on all the Boards standing committees. He says his time as a U.S. Marine in the Vietnam War, where he received a Purple Heart medal and combat action ribbon, helped him in business. Campbell Board elects Bennett Dorrance Jr. as a director. Delivered from our family to yours. Our portfolio includes iconic brands such as Campbells, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyders of Hanover, Swanson and V8. Read car reviews and compare prices and features at carsales.com.au. Campbell has a heritage of giving back and acting as a good steward of the environment. Mr. Dorrances son, Bennett Dorrance Jr., is an organic farmer in Hawaii who owns the Blue Dragon Restaurant and Spa there. He is the cofounder and a board member of Kohala Institute in North Kohala, Hawaii . One Campbell Place They sit on Campbells board and have opposed Mr. Loebs proposals for the company. Bennett Dorrance is the billionaire heir to the Campbell Soup fortune. Were seeking change.. Campbell Soup is actually considered as the world's largest maker of soup. With 59.5 percent of its stock, the Dorrances represent one of the tightest concentrations of family power in corporate America. As a long-term shareholder, Bennett has been dedicated to the success of the business and continuing the legacy of his grandfather and father as a steward of Campbells long-term interests. We wish him and his family a healthy and happy retirement.. Dorrance also serves on the board of Heartwood Institute, and is owner of the popular Blue Dragon Restaurant and Spa. Bennet Dorrance . Campbell Soup cans, for example, have barely changed since 1900, and the top sellers remain tomato, chicken noodle and cream of mushroom. Paradise Valley, Arizona (AZ), US. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. The founder of the Discount Tire chain owns this 15,900 sq. Bennett Dorrance sits on the board with his sister, who also inherited a portion of the company. The palatial estate is nestled on 50 private open and wooded acres and consists of the French Normandy-style mansion of 14,467 square feet. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation college students in Arizona. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. As a long-term shareholder, Bennett has been dedicated to the success of the business and continuing the legacy of his grandfather and father as a steward of Campbells long-term interests. Geni requires JavaScript! foot contemporary home. So cool! Security is state-of-the-art with access limited to members, crews, and their guests. Credit this material: Dorrance, Bennett, Jr.; Undergraduate Academic Files, Series 8, AC198-08, Princeton University Archives, Department of Special Collections, Princeton . Everyone had to have an estimated net worth of at least $1 billion. 1 post Page 1 of 1. Discount Tire is the largest retailer of wheels and tires in the US. Were interlopers whove come in, and theyve decided to stick with the status quo, Mr. Loeb said in an interview. Bennett Dorrance, the dreamer and visionary behind Hangar One is a lifelong flight enthusiast and passionate aviator who has been a pilot since 1965. Anyone can read what you share. in the paper and digital records within archival collections. He also has another home in the Paradise Valley area. Mr. Dorrance owns over 5,965 units of Campbell Soup Co stock worth over $2,732,127 and over the last 19 years he sold CPB stock worth over $63,306,144. Hangar Ones location in Scottsdale, Arizona is an opportune destination for luxury living with world-class shopping, restaurants, and golf nearby. Bennett Dorrance, another board member, is worth $2.6 billion. He also created the Dorrance Scholarship award, which gave $65,000 to twenty-seven Arizona students who were the first members of their families to attend college in 2011. In the last two years, Campbells stock has badly trailed the broader market, as well as other food businesses, and has lost more than a third of its value. Bennett Dorrance, Owner. All net worths are calculated using data drawn from public sources. 130,000 SQ. Executives and board members acknowledge the companys problems. He donates millions of dollars annually to the Moreno Family Foundation, which supports underprivileged youth and education nonprofits. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. HomeBusiness NewsHere are the richest people in Arizona. Parsons founded its predecessor firm Jomax Technologies in 1997 and changed the name to GoDaddy in 2000. individuals, places, or events, mislabeled folders, misfiled papers, etc. Charlotte Colket Weber. Dorrance, Bennett, Jr.; Undergraduate Academic Files, Series 8, AC198-08, Princeton University Archives, Department of Special Collections, Princeton University Library. The grandson of John T. Dorrance, the inventor of condensed soup, Bennett Dorrance owns a 15% stake in Campbell Soup. You might be interested to know more about Bennett Dorrance. Subscribe to receive updates about the farm and products. Bennett Dorrance, Jr. was born and raised in Arizona and currently works and resides on the Island of Hawai'i with his wife, Delphina, and their three beautiful children, Orion, Jax and Aurora. Today he owns 15% of outstanding shares. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation college students in Arizona. You may also encounter 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. Dorrance Jr. earned his B.S. form. About John "Ippy" Dorrance. language. Quote Tweet. Also, he sits on the board of theArizona based IT consulting firm,Insight Enterprise. ncssm summer ventures; sweeney football player; tristano tgv wife 808-889-6808manager@touchingtheearthfarm.com, Copyright 2023 Sitemap Privacy Policy Designed by Websites with Aloha Log in, Our behind-the-scenes, gentlelady farmer made a sm, Aloha, The company estimates that 95 percent of American homes have at least one Campbell product in the cupboard. Yet since Jack's death, the Dorrances have become a clan without a leader, a family without a shared purpose. So in this section, we tried to cover height, weight, hairstyle, eye color, and other related information of Bennett Dorrance . Descendants of John T. Dorrance, a chemist who created condensed soup at the turn of the last century, own more than 40 percent of Campbell shares. Investors: If you have a question about who owns the copyright for an item, you may request clarification by contacting us through the Ask Us! Hes got the money, about $3.1 billion. 2020 America's Richest Families Net Worth. By providing your email address below, you are providing consent to Campbell Soup Company to send you the requested Investor Email Alert updates. Forbes Likes. Like. He is a longtime Campbell's board member and holds a 15% stake in the company. 2. News on all your favorite celebs, reality TV, and movies. It calls for selling international operations, like Arnotts Biscuits in Australia; getting out of the refrigerated soup business; and unloading its Bolthouse Farms unit. Staff are currently implementing practices to address offensive or Soup was de-emphasized and ignored, and Third Point is right that it is the first thing that has to be addressed. (856) 219-6409 Mark Shoen owns roughly one-fifth of U-Haul parent company Amerco mostly through a limited partnership called Willow Grove. Orchard Specialist, Go grab the most recent issue of Kohala Mountain N, The original soil stewards! Copyright 2023 AZ Big Media | All Rights Reserved | Site by Blufish, Ranking Arizona: Top 10 cybersecurity companies for 2023, Heres how the Joy Bus helps home-bound cancer patients, How Small Business Boot Camp boosts Arizonas small business community. Brother of John "Ippy" Dorrance and Mary Alice Malone, Co-chair of the Governance committee of Cambell Soup. Bennett Dorrance. Bennett Dorrance, Jr., moved to Hawai'i in search of a different way to be on Earth, to be a practicing heartist. Since 1999 his Dorrance Scholarship Programs have helped send first-generation college students to Arizona's three public universities and South Mountain Community College. The company is a member of the Standard & Poors 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. <br><br>We are based local in Tom Price with a large 9000m2 service yard incorporating . 16. Dorrance is devoted to, and active in, the North Kohala community as an advocate and promoter for local farmers, local schools, alternative energy initiatives, mindfulness, and land and historic preservation. Get introduced. 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. So, "To enjoy the rainbow, first enjoy the rain." Archbold D. Van Beuren, a Dorrance descendant and one of three family members on the Campbell board, said the company was working on a plan to turn itself around before Mr. Loeb showed up. The colorful founder of GoDaddy, Bob Parsons, sold off his remaining stake in the web hosting firm and stepped down from the board in 2018. They are proud of Campbells but introverted. And in taking on the old-money family that owns more than 40 percent of Campbell Soup Company, hes found the perfect foil for his new-money ambitions. Like his father, Bennett has a deep appreciation of Campbells history and passion for the business. Multibillion-dollar acquisitions under her watch have done little to lift profits while leaving the company with billions in debt. He is a longtime Campbell's board member and holds a 15% stake in the company. For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. You can sign up for additional alert options at any time. From his worldwide experience in private aviation, Bennett has envisioned a hangar complex that will provide the highest level of amenities, security, safety and service. Rebecca_Gardy@campbells.com, Media: 590 on Forbes list. Alumni Jacquelynn and Bennett Dorrance have made a gift commitment of $5.4 million to endow the deanship of the University of Arizona College of Humanities in support of efforts to integrate traditional and cutting-edge approaches into humanities teaching and learning.. Dean Alain-Philippe Durand is the inaugural holder of the Dorrance Endowed Deanship. Hangar One is a private and unparalleled experience with world-class design, amenities, and security provided to its privileged members and their guests. Hes got the office, a sleek white space that is a quintessential hedge fund aerie, with art by Jean-Michel Basquiat, Jeff Koons and Andy Warhol. You must click the activation link in order to complete your subscription. language you 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. His expertise in sustainability and entrepreneurship will be an asset to the Board.. The great granddaughter of the late John T. Dorrance inventor of condensed soup and president of the Campbell Soup Co. from 1914-1930 and daughter of billionaire real estate developer Bennett Dorrance who retains a 15-percent stake in Campbell's Kaplan is owner and president of Arizona-based Bellisima Ranch, a full-service horse boarding and training facility. Kohala Institute stewards 2,400 acres in North Kohala on the Island of Hawaii that includes the historic ahupuaa, Iole. The company is a member of the Standard & Poors 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. In late August, management released a plan to revitalize the company. Materials in this collection are subject to the terms of the University Archives Access Policy. He was a native of Cinnaminson, N.J., and a graduate of the St. George's School in Newport, R. I., and Princeton University. Dorrance family. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona, Utah, California and Hawaii. The heir to the Campbell Soup fortune lives here. At 33, Garcia pleaded guilty in 1990 to a bank fraud charge related to his dealings with Lincoln Savings & Loan. Bennett Dorrance to Retire from Campbell Board of Directors.
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