#1086
Mary Alice Dorrance Malone
United States 76 years old
Overview
- Source of Wealth
- Campbell Soup
- Industry
- Food & Beverage
- Residence
- Education
- University of Arizona (Bachelor of Arts/Science)
- Children
- 2
Assets
- Campbell Soup Co.53,294,000 shares @ --CPB-US
Biography
Mary Alice Dorrance Malone is the largest shareholder of the Campbell Soup Company.
She sits on Campbell's board alongside her cousin Archbold van Beuren and her nephew Bennett Dorrance Jr.
Her grandfather, John T. Dorrance, invented the condensed-soup formula that transformed the company in 1897.
Billionaire Daniel Loeb's activist hedge fund, Third Point, tried unsuccessfully to oust her and other board members in 2018.
Malone is the president of Iron Spring Farm, a horse breeding and training company with expansive properties in Pennsylvania and Florida.