Monday, October 23, 2006

First Outsider Named As Wrigley CEO

William Wrigley Jr. Co. (WWY) reported higher earnings of 53 cents per share compared with 46 cents per share a year earlier that beat expecations. The chewing gum company also named William Perez, former Nike president and CEO, as its new president and chief executive. The stock price leaped $6.40 to close at $53.23.

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