Bill Long (now retired), who helped to transition WinCo into an employee owned business.
Shane Te Pou maybe ? (from mega.nz)
Newman’s Own salad dressing. Privately owned and all profits go to charity.
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)
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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.
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I stand by my statement. I think you sped over the “at least” part of my comment.
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.
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.
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
Couple of British examples of what should be the standard for modern business:
Julian Richer, founder of Richer Sounds (hifi store in the UK), seems like one of the better capitalists around. He signed over majority control of the company to an employee trust when he turned 60, donates 15% of their profit to charity, runs a nonprofit dedicated to exposing corporate tax avoidance, campaigns against zero hours contracts, and devotes company resources to promoting unsigned bands: https://en.m.wikipedia.org/wiki/Julian_Richer
James Timpson recently stepped down as CEO of Timpson, another UK retailer that specialises in things like key cutting, shoe repairs, passport photos etc. He made it company policy to hire people who had been to prison and help them get back on their feet, and his campaign for prison reform saw him step down from the company to become Minister for Prisons in the current government. The company has a “Director of Happiness” who is paid to keep the front line staff happy, resulting in policies like getting the day off work on your kid’s first day of school, compassionate leave for the death of a pet, etc. https://en.m.wikipedia.org/wiki/Timpson_(retailer)
Plus their stores smell even better than petrol.
Timpsons apparently has really interesting business models.
A friend of mine has worked on a few of their conferences, and apparently it’s both fascinating and they come across as a genuinely wholesome business.It’s a franchise, but the franchise has complete control over what they sell and what services they provide (I dunno if there are any guard rails). So if they want to offer dry cleaning, they can. If they want to offer phone repairs, they can. If they want to only partially offer something, then they can rely on the Timpsons service network to provide the actual service (so dry cleaning without owning dry cleaning equipment).
https://www.timpson.co.uk/about-timpson
The management teams delegate authority but retain responsibility and we have only 2 rules:
- Look the part
- Put the money in the till
And apparently they look after their staff really well. Actually good/useful perks & benefits. In addition to the compassionate leave you’ve mentioned, I’m sure my friend said something about timpsons owning some property that they allow their staff to book for free (like free accomodation for holidays). Or maybe they do block bookings of stuff, or something. I wasn’t hugely paying attention tbh.
franchisee*
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The Patagonia CEO seems like a genuinely good dude
Nope.
You’ve just been fooled by good PR.
Care to elaborate?
The YouTube video linked in a reply to the parent comment does a good job of explaining but the short version is that he signed over the company to a charity that his family controls to avoid a tax payment.
There’s basically nothing charitable about it because it literally enshrines political power within his family forever as the charity structure allows political donations to be made through it.
In short though you can never accidentally find yourself a billionaire. At some point you’ve fucked people over to get and keep yourself a billion+ dollars.
Maybe all CEOs get a yearly review. If they are good, they continue working. If something doesn’t add up, they get to choose to quit or they get executed right on the spot by placing their head between two large metal plates. The top plate is then dropped from 3 stories high.
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My companies owner/CEO can stay, gives us all sizeable profit share bonuses. During covid people didn’t get layed off, even though there was no work. Sure hours were reduced, but work was found around the shop to keep people busy as much as possible.
In other words, small business owners that care about employee and their clients.
Not a single fucking one
I know he’s not American, but Hidetaka Miyazaki of FromSofware
Great games but sadly working conditions at fromsoftware were not the greatest. Sure this is another country we’re work life balance is different then in Central Europe but the pay was not good given how much work is was and how successful the studio got. But to give credit where it is due, AFAIK there have been significant wage increases.
than*
Aren’t they literally in the process of cashing out and selling to Sony?
FromSoft’s parent company is in considerations, iirc.
CEO of Ben &Jerry’s. They are not just posting the black square on their insta and then moving on, like half their posts are about fighting inequity, encouraging people to vote for actual human rights, openly pro abortion, pro immigrant rights, pro black rights, pro women’s right, about fighting climate change etc. they are walking the walk, conservative dollars be damned
Adding my vote of confidence to them
It’s a shame they don’t fully move to vegan ice cream
That would be an absolute disaster.
Why?
vegan icecrean is apparently terrible… said no one ever
There aremore very bad milk-substitute ice creams than bad regular ice creams. It may be the age of the market, though.
Why should they? I have no problem with people being vegan and I have no problem with vegan food being provided as an option but I don’t think vegans have the right to dictate to everyone else how they live their lives.
A. Ben & Jerry’s moving to exclusively vegan ice cream is in no way forcing people to live their lives a certain way. Recipes are not protected by copyright law so anyone can make and sell ice cream however they want.
B. The dairy industry wreaks havoc on the planet. It would benefit everyone if the dairy industry disappeared or at least shrank
It would be forcing people who prefer Ben & Jerry’s to either have vegan ice cream (which may not be their preference) or switch to another brand (which also may not be their preference). What you’re saying is that you want people to have fewer options.
Would it be accurate to rephrase your argument like this?
“Ben & Jerry’s changing all their recipes to use only vegan ingredients would be anti-freedom”
If you want to make an argument against that, you can do that in your head. You seem to be good at making up things you want other people to say, so you don’t need me for your imaginary argument.
You could just say “no.” I was curious how far your logic would go because you said, and I quote, “it would be forcing people who prefer Ben & Jerry’s to either have vegan ice cream or switch to another brand”
Like, dude, come on. You have to hear how ridiculous that sounds. Nobody is forcing anybody to eat ice cream. And also, though this is just coming from my experience, I’ve never met anyone who exclusively likes Ben & Jerry’s. Bad ice cream is almost always better than no ice cream so I would challenge you to find someone who would be upset about needing to eat ice cream that was created by any brand other than Ben & Jerry’s.
Humans are literally forcing animals to live and die by their life styles. The only ones forcing anybody here are humans.
There is no sound reason as to why B&J doesn’t fully move away from non-vegan ice cream. They’ve proven that they can produce vegan flavours, that they cost them the same (probably less even), that they taste well enough for them to remain among the flavours they offer. It’s just stigma and prejudice that leads to people shutting off completely when veganism is even mentioned.
Realistically, like be frank with yourself for a second and don’t resort to a kneejerk reaction: would you mind if your ice cream was vegan? It’s a luxury item, it’s a sweet, so it’s not essential. Most sweets you eat are vegan already. What’s one more? Plus, you end up helping a bunch of animals.
Okay but that’s something you care about.
What we’re talking about is finding the lowest common denominator of what can be considered acceptable by the general populace, It is not about becoming the best version of ourselves.
Let’s not muddy the waters by making this about something other than basic human decency.
Also AFAIK they are one of the few companies that have been removed from the BDS list after improving behavior and leaving illegal Palestinian settlements. Recently they sued their parent company for silencing their statements on Palestinian rights.
I don’t love ever setting any people or corporations on a pedestal. Nevertheless this is reassuring behavior to see amidst all the Starbucks, AirBnB and Re/Maxes of the world.
CEOs should just be elected by the employees
Any CEO that is willing to part with 50% or more of their wealth before they die and not to their family or close friends, should be good. No idea about names
Any CEO that is willing to part with 50% or more of their wealth before they die and not to their family or close friends, should be good.
And that includes their
totally above board charitable organizationmoney laundering and tax shelter organization masquerading as charity.
Lower on the list, but still on the list.
Discussion not worth having tbh
Surely, you don’t think the CEO making 50k a year managing a small business needs to be on the chopping block.
