IIPM Admission

Wednesday, November 08, 2006

Halt to 115 year long heir’s legacy

Sacrificing the pedigree to save the sinking company seems to be the latest agility in demand. Makers of Wrigley’s, the highest-quality chewing gum & confectionery product, observed the legacy of the Wrigley family ending after 115 years on October 15, 2006, when Bill Wrigley Jr. decided to step down. Bill abdicated the throne to William Perez, a former Nike executive. The news propelled Wrigley’s stock price by 13.7%, the highest in 20 years to close at $53.23. Company’s third quarter sales stood prettier at 11% amounting $1.18 billion; worldwide shipment rose by 9%.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

For More IIPM Article, Visit Below....
It’sa far better ‘car’ drive together
Why IIPM’s Course is superior to other MBA/BBA Programme
GE Money takeovers Thai bank
Service with a SMILE!
Mr. 5-screen Wonder
Boisterous Breguet!
Rite Aid acquires to aid its drug stores
Chennai, gateway to India
The Flavour Of The Season
Wal-Mart cannot rely solely on everyday low price strategies, it ...

No comments: