Ellen R. Gordon has major holdings in Tootsie Roll Industries, owning approximately 12.7 million shares of common stock and 14 million Class B shares. That amounts to about 32.3% of the common stock and 49.1% of the Class B stock....
Ellen R. Gordon has major holdings in Tootsie Roll Industries, owning approximately 12.7 million shares of common stock and 14 million Class B shares. That amounts to about 32.3% of the common stock and 49.1% of the Class B stock. Her investments reflect a significant personal financial commitment to the company’s future. Over the years, she has consistently maintained substantial equity in Tootsie Roll, which is more than just a job for her; it’s a part of her identity. While her wealth in the company has remained substantial, the value of these holdings fluctuates with the company’s performance in the market, reinforcing her incentive to steer Tootsie Roll toward sustained growth and profitability.