Goya CEO censured
- Thread starter Phantasmal
- Start date
well feel free to provide evidence as I did for you that they were losing sales.
From what I have read thier sales have boosted and a whole new class of customer was created, bubba in other words out in nebraska suddenly discovered their products are good.
but I will read your evidence when you post it.
How exactly would a company build 10 times as many processing plants overnight? How exactly would they increase the amount of farmers growing beans 10 times overnight?
Unanue needs to be more careful about his jokes. He is a CEO, and lying about sales is a FELONY. I understand it was "just a joke", and not a real statement on sales... But some fools are taking it as a real statement. That alone should earn him a censure, if not a firing. It really is borderline a crime.
STUPIDFUCKS. LEFTISTS ALWAYS ARE..
Spill the beans
Here’s why Goya’s CEO moved to Houston and how his support for the president boosted sales
To say 2020 has been a rollercoaster ride for Goya CEO Robert Unanue would be a bit of an understatement.
Since Covid-19 infected the nation, Unanue has contracted the virus and recovered from it. In July, he faced national criticism when he said that the United States was “truly blessed” to have a leader like President Donald Trump while Unanue was at the White House for the signing of a new executive order for Hispanic Americans.
The comment created a firestorm on social media like Twitter, with many people saying they would boycott Goya after Trump’s sometimes controversial stances against issues such as immigration and undocumented workers.
Despite the dramatic year, Unanue was unfazed and Goya saw growth — so much so that the company is expanding its
Houston facility.
https://www.bizjournals.com/houston/news/2020/11/06/goya-ceo-sees-growth.html
Matt Dillon
Semolina comes from wheat
Corrupt boardmembers take advantage. Sad.
Goya WILL be losing sales now.
Remember The Sports Authority? LOL!
ThatOwlWoman
Leftist Vermin
Exactly. If what he has been saying wasn't damaging their bottom line, they wouldn't give a crap.
how big is his warehouse? I don't know his logistics and you are speculating on it.
goya has an actual increase in sales my link proved that, whether its 1% or 1000% is irrellevant.
Unanue is the CEO of a privately family held company. That would make the board the least hostile possible. This is his family, and his family supported him in being CEO. Beyond that, he is a major part of the stockholders, and so elected a major part of the board.
Unanue's family has told him he went to far, and they said it in one of the kindest ways possible.
It is not speculation to say sales going up by 10 times is not possible. That is just reality. It would not be possible. I cannot even speculate on how sales really did move, but I doubt they had much to do with his statements. I will speculate his statements have not moved sales much in either direction.
the board is not all his family from what I read.
the board wanted to remove him infact but the family overuled it.
It is more than just a warehouse. Goya would need to by buying 10 times the amount of food they needed, have built 10 times the amount of warehouses, processing plants, etc. Basically, in your theory, they spent 10 times as much as they had to.
Let's say they have 5% profit, so for every dollar in sales, they spent 95 cents to get it. You multiple that by 10 times, and you have them spending $9.95 to get a $1 of sales. They would have gone broke decades ago if they were doing that.
Want to know what is not a joke? Goya is selling bonds. That means investors are being asked to judge their credit worthiness. Unanue's "joke" is being used by some of those investors, which starts to look like felony fraud.
I don't think their sales went up 1000%
but I do believe their sales spiked.
thats my position.
No, I don’t, what happened to Sport’s Authority?Corrupt boardmembers take advantage. Sad.
Goya WILL be losing sales now.
Remember The Sports Authority? LOL!
ThatOwlWoman
Leftist Vermin
According to this story on Business Insider, the majority of the stockholders wanted to completely remove him as CEO. As a compromise, the board voted for censure instead.
https://www.businessinsider.com/goya-foods-ceo-robert-unanue-trump-voter-fraud-fox-news-2021-1
Obviously if his mouth weren't damaging business, no one would care. In fact, if his mouth was truly increasing sales as claimed by the Reichtards, they wouldn't have done a thing.
and this is for walt as well:
https://www.fooddive.com/news/goya-...lant-as-demand-for-its-products-grows/586956/
so much "damage".....
https://www.fooddive.com/news/goya-...lant-as-demand-for-its-products-grows/586956/
Seems they are building a new plant due to demand.
Are you saying that a company can't tell its employees to not speak to the press without authorization?
They are selling bonds to expand their business. Unanue made an untruthful statement about sales, as they are trying to sell bonds. That starts really looking like fraud.
ThatOwlWoman
Leftist Vermin
well feel free to provide evidence as I did for you that they were losing sales.
From what I have read thier sales have boosted and a whole new class of customer was created, bubba in other words out in nebraska suddenly discovered their products are good.
but I will read your evidence when you post it.
"However, despite four weeks on the public stage, just $10 million of that free marketing was positive — and the brand received $47 million worth of negative publicity, Apex Marketing Group told NBC News. The remaining $35 million was neutral.
"Promotion from a sitting president can give brands millions of dollars in media exposure, Eric Smallwood, president of Apex Marketing, said. However, “The overall reaction of support of that product/brand will likely be impacted with a variety of consumer reactions, which could affect immediate or future sales or marketing campaigns.”
"Sales figures for the privately held brand were not available and Goya declined to return calls and emails for comment."
Source: https://www.nbcnews.com/business/co...led-down-goya-has-it-helped-boost-or-n1234743
And that being said, they are increasing investment in processing plants and equipment as demand has grown. Why did they climb? Nothing to do with politics, but with increased demand due to more people eating at home, and people looking to buy shelf-stable products to lessen the number of trips to the grocery store -- and more exposure to COVID. Goya is not the only food company experiencing growth due to these factors.
https://www.fooddive.com/news/goya-...lant-as-demand-for-its-products-grows/586956/