Paul Newman: The Food Entrepreneur
Why has Newman's Own been so successful?
To a younger generation, Paul Newman wasn't Butch Cassidy or Cool Hand Luke or Fast Eddie Felson. He was a witty guy who ran a food company that made popcorn, salsa and spaghetti sauce. Paul Newman, co-creator of Newman's Own, passed away last week. Created on a lark in 1982, the actor decided to sell a salad dressing he had created and bottled for friends at Christmas. Although formal succession plans are unclear, most signs indicate that Mr. Newman had transitioned out of the day-to-day operations. More on this story
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