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Which CEOs are actually worth keeping around?
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this post was submitted on 08 Dec 2024
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Newman's Own salad dressing. Privately owned and all profits go to charity.
Same with their frozen pizzas? I had never bought one before, then saw they were on sale the other day and figured I'd try them. Think it was 4.99 a piece. (Bogo 9.99) The pepperoni and ricotta one wasnt bad. The sourdough wasn't very decipherable, but better than many cheaper pizzas. The 5 cheese I can't speak for... As I overcooked it. The timer went off and I checked it, said to myself the cheese could melt a bit more and closed the oven. Saw the bottle of strawberry wine I was making didn't look like it was bleeding air properly next to the sink and decided I should slowly turn the cap to drain the pressure and let the fermentation continue. (Have gallons of strawberries I froze left over still from spring that I grew). Turned the lid a bit and it of course exploded so much worse than I expected. Ceiling, floor, cabinets and everything within 10 feet got hit. I went to the bathroom and took my shirt off washed myself, started cleaning up the mess and cleaning the ceiling, cabinets and finally the floor when I remembered, oh shit the pizza.... Yeah. The cheese was melted by then.. just a bit darker than intended
Privately owned doesn't mean anything. SpaceX, Twitter (I'm not calling it that), and Tyson are all privately owned.
In fairness SpaceX isn't run by Musk, which is why it's actually doing constructive things and not getting into culture war arguments every 15 minutes.
Privately owned at least means they aren't slaves to their quarterly reports. Every time a company goes public, they're subject to the delusion of infinite growth in a finite system.
Really depends on the ownership structure. Backbiting private boards composed of kids and grandkids of founders that are just trying to claw as much out of their inheritance as possible are just as toxic. Coops are about the only thing I can respect.
So what? Private corporations are just as cruel.
Corporations are the problem, not their trading status.
I stand by my statement. I think you sped over the "at least" part of my comment.
Seconding this, Paul Newman was probably the best person to ever come out of the state of Ohio.
He co-founded Newman's Own, a food company which donates all post-tax profits and royalties to charity. As of May 2021, these donations totaled over US$570 million. Newman continued to found charitable organizations such as the SeriousFun Children's Network in 1988 and the Safe Water Network in 2006.
(Pasted from his Wikipedia page)
And, sadly, no longer available in Canada for some reason :-(