Smucker's fifth-generation CEO said he's no nepo baby and won't let his kids be, either [Business Insider]
The J.M. Smucker Company (SJM)
Last the j.m. smucker company earnings: 2/26 07:00 am
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Source: Business Insider
Family members must work outside the company and preferably hold a graduate degree. The CEO of Smucker's says he is no nepo baby and that his $12.3 billion company has rules in place to make sure family members get the right training before they come on board. Mark Smucker is a fifth-generation leader at the Orville, Ohio-based J. M. Smucker, best known for its iconic Uncrustable sandwiches , Smucker's jam, and Jif peanut butter. Smucker, 53, took over the CEO role from his uncle in 2016. In an interview with Fortune published Monday, he said he had to prove himself and earn a seat at the company's 128-year-old table. "Being a family-run business provides cultural strength and a competitive advantage," he said. "J.M. Smucker is a meritocracy, and my journey here took a lot of twists and turns." The CEO said he was not always keen to join the family business as a child. After college at William & Mary, he spent two years teaching eighth-grade science in Alabama. He later mov
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News
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- The J. M. Smucker Company (NYSE: SJM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Guiding Generosity: Overcoming Family Office Challenges In UHNW Philanthropy [Forbes]Forbes
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SJM
Earnings
- 2/27/24 - Beat
SJM
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 3/28/24 - Form 4
- SJM's page on the SEC website