William Murrie, every mention

Mars Inc. - The Chocolate Story (Audio) · Acquired Dec 16, 2024 · 23 mentions

• ▶ 1:54:55 David Rosenthal After the tour is over, however, he asks the tour guide if he could please go see Mr.
• ▶ 1:55:04 David Rosenthal William Murray, of course, being the president of Hershey and Milton Hershey's longtime number two president and COO type, but the guy who actually ran the company.
• ▶ 1:55:29 David Rosenthal And, uh, why do you want to see Mr.
• ▶ 1:55:50 David Rosenthal Yes, they're starting to wake up to that, but if this story is true, Forrest is saying, tell Murray that Mars is here.
• ▶ 1:56:14 David Rosenthal Either way, Forrest does get in to see William Murray, and Murray has never met Forrest before, but of course knows who he is once Forrest introduces himself, and Murray's like, um, great, okay, you're back in the U.S., what can I do for…
• ▶ 1:56:30 David Rosenthal Forrest then proceeds to theatrically remove a handkerchief from his pocket and place it down on Murray's desk.
• ▶ 1:56:53 David Rosenthal So Murray does, and he's like, eh, yeah,
• ▶ 1:57:21 David Rosenthal And Murray's like, oh, all right, you've got my attention.
• ▶ 1:57:24 David Rosenthal So Forrest and William Murray work out a deal to start a new joint venture candy company that will be 80% owned by Forrest and 20% owned by Murray's son, Bruce.
• ▶ 1:58:23 David Rosenthal So there's a reason, though, that he specifically goes to Murray to make this proposal, not to Milton Hershey.
• ▶ 1:58:31 David Rosenthal A, Murray is kind of the COO type.
• ▶ 1:58:36 David Rosenthal But even more important, Murray doesn't own Hershey.
• ▶ 1:58:45 David Rosenthal Murray has no inheritance to give his family.
• ▶ 1:58:48 David Rosenthal He's now, at this point, I think Murray is 66 years old.
• ▶ 1:58:54 David Rosenthal Forrest is offering Murray the chance to have wealth and a legacy and a business
• ▶ 2:00:06 David Rosenthal Well, what else is Murray gonna do?
• ▶ 2:00:09 David Rosenthal If he wants a legacy to pass on to his son, Murray's not gonna go off and do this himself.
• ▶ 2:00:17 Ben Gilbert And in fact, I would guess it's to avoid a conflict of interest for Murray himself to say, my partner is actually your son, not you.
• ▶ 2:00:31 David Rosenthal Yeah, when you think about if Forrest were to go to William Murray and say, hey, you and me enter into a partnership, that's at least going to be fifty-fifty, if not eighty-twenty Murray to Mars.
• ▶ 2:00:49 David Rosenthal So, Murray agrees to this, and in the spring of 1940, Forrest and Bruce Murray, the son, set up M&M Limited as a partnership.
• ▶ 2:03:07 David Rosenthal It's William Murray at Hershey's and
• ▶ 2:23:07 David Rosenthal And probably also knowing Forrest was strategic when he chose to push Bruce out of the business, because I believe William Murray had already retired from Hershey's at that point.
• ▶ 2:37:47 David Rosenthal Well, and then after his tenure and after Murray's tenure,