William Wrigley Jr. II

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William Wrigley Jr. II
Born (1963-10-06) October 6, 1963 (age 53)
Nationality American
Education Phoenix Country Day School
Alma mater University of Pennsylvania
Duke University
Occupation Business executive
Net worth US$2.5 billion (Forbes 2016)[1]
Spouse(s) Heather Wrigley
Children 2 sons, 1 daughter by marriage to Kandis Hanson
Parent(s) William Wrigley III and Alison Hunter-Wrigley

William H. Wrigley Jr. II (born October 6, 1963) is the chairman and former CEO of the Wm. Wrigley Jr. Company. On the Forbes 2016 list of the world's billionaires, he was ranked #688 with a net worth of US$2.5 billion.[1]

Early life[edit]

A graduate of the Wharton School of the University of Pennsylvania, Duke University and Phoenix Country Day School in Phoenix, Arizona, Bill Jr. is the son of Alison (Hunter) and William A. Wrigley III (1933–1999), the grandson of Philip K. Wrigley (1894–1977) and the great-grandson of William L. Wrigley Jr. (1861–1932).[2]

Career[edit]

Under his leadership the company expanded beyond chewing gum by purchasing Altoids and Life Savers from Kraft Foods' candy division in addition to Spanish confectionery Joyco.[3]

He turned over the office of CEO to William Perez on October 23, 2006. Perez, former CEO of Nike and SC Johnson, was the first non-Wrigley head of the company.

In an e-mail to Wrigley employees dated January 4, 2010, he announced his intention to step down as chairman "as of this month".[citation needed][needs update]

Timeline[edit]

  • Joined in 1985
  • Director since 1988
  • Vice President (1991–1998)
  • Senior Vice President (1999)
  • President & Chief Executive Officer (1999–2006)
  • Chairman of the Board since 2004
  • Executive Chairman since 2006

References[edit]

  1. ^ a b "The World's Billionaires (2016 ranking): #688 William Wrigley, Jr.". Forbes. March 1, 2016. Retrieved 2017-01-05. 
  2. ^ "Wrigley". ChicagoBusiness. Crain Communications, Inc. October 17, 2005. Retrieved 2007-12-14. 
  3. ^ "Wrigley lifted by Joyco takeover". ConfectioneryNews. Confectionery News.com. October 24, 2004. Retrieved 2014-11-10.