Greg B. Abbott
| Greg B. Abbott | |
|---|---|
| Born | May 2, 1950 Ithaca, New York |
| 🏳️ Nationality | United States |
| 💼 Occupation | Entrepreneur, investor, writer |
| Known for | International Dispensing Corporation (Chairman & CEO), Earthlink (Member of the Board), Ithaca Industries (Former chairman & CEO) |
Greg B. Abbott (born May 2, 1950) is a prominent American businessman, investor, entrepreneur and novelist. He lives in New York City with his wife Marcia and their three children.
Career[edit]
After graduating from Princeton University in 1972 with a B.A. in history, Abbott joined the family business, Ithaca Industries, Inc., a private label manufacturer of pantyhose, men's and women's underwear and T-shirts.
In 1979, aged 29, he was named chairman and CEO. Over the next seven years the company's customer base grew to over 400 (including Wal-Mart, Sears, Nike, Target, Mervyns, Evan Picone) and Ithaca Industries became the nation's largest private label manufacturer.
After negotiating a leveraged buyout of the company with Merrill Lynch, Abbott departed to become a private investor and writer.
Earthlink[edit]
In 1995, Abbott was brought in as an investor in EarthLink ISP. Abbott also played a primary role in securing financing to carry the company's IPO in 1998, when it had previously fallen through.[1]
Sheer Pressure[edit]
Abbott penned Sheer Pressure [2], a novel. It was published by iUniverse, Inc. on July 26, 2006.
International Dispensing Corporation[edit]
Abbott is chairman and CEO of International Dispensing Corporation (IDC), a company he acquired in 1996. IDC's patented, FDA-certified technology―The Answer―enables consumers to dispense shelf-stable milk and juice for months, in varied environments, without recourse to refrigeration or preservatives.
Board memberships and other affiliations[edit]
- International Dispensing Corporation (as CEO, 1996–2013)
- Abbott Productions – President
- Ithaca Industries – (as CEO, 1979)
- Earthlink – Member of the Board
- Wavetec – Member of the Board
Education[edit]
- Choate Rosemary Hall (1968)
- Princeton University (1972)
References[edit]
https://www.amazon.com/Sheer-Pressure-Greg-Abbott/dp/0595386539. Missing or empty |title= (help)?tag=everybodywikien-20
Links[edit]
- Profile, pennyheaven.com, March 11, 2011.
- IDC names Greg Abbott CEO, The Free Library; accessed February 14, 2018.
- Profile, New York Times, May 2, 1987.
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