Daily Archives: March 24, 2016

Fake syrup peddler takes over eco-disastrous beverage maker

That didn’t take long. Keurig Green Mountain, the artist formerly known as Green Mountain Coffee Roasters, was sold to a private equity firm in late December; now, the company’s CEO has been kicked out of the way.

Keurig Green Mountain, Inc. in Waterbury has hired a new chief executive officer, promoting current CEO Brian Kelley to vice chairman of the board.

That’s a hell of a promotion. Kind of like being promoted from Governor to Lieutenant Governor.

And Kelley’s replacement?

Bob Gamgort, currently CEO of Pinnacle Foods Inc. in Parsippany, New Jersey, will take over leadership of Keurig on May 2. Pinnacle owns a number of well-known brands, including Duncan Hines, Vlasic, Mrs. Butterworth’s and Log Cabin, Armour and Birds Eye.

Ruh-roh, Raggy. Mrs. Butterworth’s and Log Cabin?

Them’s fightin’ words around these parts.

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High stakes for a low-heeled job

It may be Vermont’s “bucket of warm piss,” in the unexpurgated words of John Nance Garner, but the campaign for Lieutenant Governor is going to absolutely shatter all previous records. In fact, the record will almost certainly fall before the party primaries in August.

Two years ago, Phil Scott and Dean Corren combined to spend about $433,000 on their respective campaigns. That set a new high water mark for the post. So far this year, about $400,000 has been contributed to Lite-Guv hopefuls. And for goodness’ sake, it’s only March!

Democrat Brandon Riker managed to raise $188,000 before dropping out, which tells you something right there. A newbie candidate raises almost as much by March 15 as Phil Scott did for all of 2014 — and feels compelled to withdraw in spite of his bankroll.

The remaining Democratic candidates, Kesha Ram and David Zuckerman, are closing in on the $200,000 mark combined, with no end in sight.

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One to beam up

Well, that was brief and uneventful.

Marlboro Democrat Brandon Riker, the first announced candidate for lieutenant governor in the 2016 election, bowed out of the race Wednesday after acknowledging his campaign had failed to fire up Vermonters.

Call it The Curse of The VPO. Riker was the only Democratic candidate for Lite-Guv I’d actually met. So keep your distance, David Zuckerman and Kesha Ram.

Riker acknowledged that he “made a lot of mistakes as a first-time candidate,” mentioning prominently his decision to “jump-start” his campaign with a massive infusion of his own (and his family’s) money. He says “it created a picture that I was trying to buy the seat.”

Well, yeah, you come from a family of wealthy hedge-fund operators and on Day One you throw more than 65,000 RikerBucks into the kitty, and you can see how people might get the wrong impression.

I’d start the “mistakes” even earlier — specifically, the decision by a little-known first-time candidate to launch his political career with a bid for statewide office. That was the fatal mistake.

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