R. Todd Johnson
Aug 24, 2017 · 1 min read

But, importantly, Plum Organics was NOT a benefit corporation when it raised its venture funding OR when it exited. Only after it was 100% owned by Campbell’s Soup (who could then change their mind and status at any time as the sole stockholder), was Neil able to convince his board to convert to a benefit corporation.

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    R. Todd Johnson

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    Founder and CEO of iPar. Jones Day Global Head, Renewable Energy and Sustainability (retired). Clean tech geek, passionate about encouraging human flourishing.