Ocean Spray CEO: "Our owners are 750 farmers"

09/15/2010 | Forbes

Randy Papadellis, chief executive officer of Ocean Spray, says the cooperative consists of 700 cranberry growers and 50 grapefruit growers who "are the only shareholders." He said the company is unusual in that "we actually seek to pay as much for those cranberries as we can, to compensate our grower-owners."

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