Word: zender
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Although hackers have a complex code of etiquette, they are hard pressed to list rules to the game. "There are two rules that are almost accepted," says Charles S. Zender '86-'87. "One is that you can't say you're sorry if you mess up. The other is that if you do, you suffer hack punishment...
...Putnam, William Rehling, Samuel Rickless, Mitch Rosner, Chris Roy, Charles Rudmick, Jill Ruttenberg, Jell Russan, Laura Robinson, Michael Samols, Katherine Saunders, Henry Shapiro, Andrea Silbert, Daman Silvers, Steven Smart, Vivian Sogor, Jake Stevens, James Umlas, Elisheva, Tracy Velasquez, Ann Von Germeten, Doug Winthlop, Stan Yukoevitch, Bill Zachary and Charles Zender...
Then, 20 months ago, Zender was persuaded by growth-minded directors to become chief executive, along with the chairman's post he already held. Zender has stirred Peter Paul's cor porate structure as thoroughly as the chocolate in its giant kettles. He took flying tours from the home office in Naugatuck, Conn., to plants in Salinas, Calif., Frankfort, Ind., and Dallas. In Dallas he discovered "an unhappy plant" because workers did not like the cafeteria menu and the manager refused to change it; Zender changed both the menu and the manager, brags that...
Peter Paul's sales and earnings reacted nicely. They went up even faster when Zender acquired for $3,000,000 the Walter H. Johnson Candy Co. of Chicago and its Power House bar and then, last year, introduced a new bar called Caravelle. Last month Zender reported sales of $58,564,000 for the company's fiscal year, a 14% increase, and earnings...
...candy industry, made up of small, struggling companies, is astir with mergers and sellouts, and Peter Paul has become a key target. "We've had feelers from food, tobacco and cosmetic companies," says Zender. Not interested, Zender is looking for acquisitions himself, planning foreign expansions and developing seven new candy bars. For Peter Paul, the future can be described by the company slogan: "Indescribably Delicious...