leadership
confidence high
sentiment neutral
materiality 0.65
Tootsie Roll names Karen Gordon Mills as President and director
TOOTSIE ROLL INDUSTRIES INC
- Mills appointed President and director effective June 2, 2025; base salary $999,000.
- She is daughter of Chairman/CEO Ellen Gordon and mother of COO Henry Gordon Mills.
- Mills previously SBA Administrator (2008-2013) and Harvard Business School Senior Fellow.
- Board also approved bylaw amendments: updated shareholder notice rules, added Virginia forum selection clause, separated chairman and CEO roles.
item 5.02item 5.03item 9.01