BNET Industries

Last Fiscal Year Sales:$5.8B
  • Private
  • US
Dow Jones Description

We are the worlds leading producer, marketer and distributor of fresh fruit and fresh vegetables, including an expanding line of value-added products. In the primary markets we serve, we hold the number 1 or number 2 market share position in our key product categories, including bananas, packaged salads and packaged fruit. For the last twelve months ended June 20, 2009, we had revenues of approximately $7.2 billion, Adjusted EBITDA of approximately $445 million and net income attributable to Dole Food Company, Inc. of approximately $92 million. See Summary Unaudited Pro Forma and Historical Consolidated Financial Data. We provide wholesale, retail and institutional customers around the world with high quality food products that bear the DOLE ® trademarks. We believe the DOLE trademarks and our products have global appeal as they offer value and convenience, while also benefiting from the growing focus on health and wellness among consumers worldwide. Founded in 1851, we have built a fully-integrated operating platform that allows us to source, grow, process, market and distribute our nearly 200 products in more than 90 countries. We source our products worldwide both directly on Dole-owned or leased land and through associated producer and independent grower arrangements under which we provide varying degrees of farming, harvesting, packing, shipping and marketing services. ...

President & CEO
David A. Delorenzo
Number of Employees 36,000
Contact Information

1 Dole Dr

PO Box 5132

Westlake Village, California 91362-7300

dole.com

(818) 879-6600

NAICS Code Fresh Fruit and Vegetable Merchant Wholesalers: 424480

Recent Events

  • Commentary: Foreign Suits Reward Plaintiffs That Discriminate Against U.S. Firms

    11/25/09 - Lawsuit Filed - View Story

  • Top Stories - Lawsuits against Dole by Ivory Coast Plaintiffs dismissed

    11/17/09 - Lawsuit Filed - View Story

  • Dole sees stronger earnings for third quarter

    11/21/09 - Financial Announcement - View Story

  • Dole's first day goes sour

    10/24/09 - New Investment - View Story

  • UPDATED: Dole stock sells at lower prices

    10/24/09 - Financial Announcement - View Story

  • The Kill Step: Dole Lost Trials in Two Countries But Its GC Smelled Fraud

    9/29/09 - Legal Settlement - View Story

  • Fitch Upgrades Dole's IDR to 'B-'; Rates New Notes 'B-/RR4'; Watch Positive

    9/21/09 - Bond / Stock Rating - View Story

  • Dole plans private offering of $310M senior notes

    9/18/09 - New Investment - View Story

  • Cash crunch triggered Dole stock plan, SEC filings show

    9/10/09 - Financial Announcement - View Story

  • Heavily leveraged Dole hopes stock sale bears fruit

    9/08/09 - Merger / Acquisition - View Story

  • UPDATED: IPO could increase performance pressure for Dole

    8/24/09 - Financial Announcement - View Story

  • Dole Food IPO would satisfy company's hunger for cash

    8/15/09 - Lawsuit Filed - View Story

  • David Murdock's Dole Food files IPO plans

    8/14/09 - New Investment - View Story

  • Manila's San Miguel eyeing Dole's Asian business

    7/20/09 - Merger / Acquisition - View Story

News & Analysis

company and dole food company inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David A. Delorenzo President & CEO
Eric M. Schwartz President, Dole Worldwide Fresh Vegetables
James Prideaux President, Operating Division, Asia
Michael J. Cavallero President, Dole North America
Peter M. Nolan President, Dole Worldwide Packaged Foods
Richard A. Harrah President, Operating Division, Latin America
William F. Feeney President, Operating Division, Europe
Joseph S. Tesoriero Chief Financial Officer
Roberta Wieman Chief of Staff
Yoon J. Hugh Chief Accounting Officer
C. Michael Carter Executive Vice President
Scott A. Griswold Executive Vice President, Corporate Development
Brad C. Bartlett Senior Vice President, Sales & Marketing
Danko Stambuk Senior Vice President, Manufacturing
Justin M Murdock Senior Vice President of Investments
Sue Hagen Senior Vice President, Human Resources
Beth Potillo Vice President
Betta Gallego Vice President, Marketing, Packaged Foods
Chris Lock Vice President, Sales & Marketing, Foodservice
Dave Spare Vice President, Marketing, Dole Packaged Foods
Javier H. Idrovo Vice President of Strategy
Jeffrey B. Conner Vice President
Jennifer Grossman Vice President
Jonathan Y. Bass Vice President
Rick Huber Vice President
Rick Utchell Vice President, Advertising Promo & Indus Relations
Sylvain Cuperlier Vice President & Director, Corp Social Responsibility
Thomas Farewell Vice President, Worldwide Applied Res
David H. Murdock Owner
Donna Skidmore Director, Consumer Services
Freya Maneki Director, Corp Communications
Robert Devers Global Director of Application and Data Architecture
Amanda Patterson
Celeste Frisbee
John Heidkamp
Andrew J. Conrad Director

Board of Directors

Name (plus bio) Position
Peter Gilmore Vice President, Eastern Seaboard Sourcing
Edward C. Roohan Board of Directors
Richard M. Ferry Board of Directors

Organization Position Status
Dole Food Company, Inc. President & CEO Current
Dole Food Company, Inc. Board of Directors Current

Organization Position Status
Dole Food Company, Inc. President, Dole Worldwide Fresh Vegetables Current

Organization Position Status
Dole Food Company, Inc. President, Operating Division, Asia Current

Organization Position Status
Dole Food Company, Inc. President, Dole North America Current

Organization Position Status
Dole Food Company, Inc. President, Dole Worldwide Packaged Foods Current

Organization Position Status
Dole Food Company, Inc. President, Operating Division, Latin America Current

Organization Position Status
Dole Food Company, Inc. President, Operating Division, Europe Current

Organization Position Status
Dole Food Company, Inc. Chief Financial Officer Current
Dole Food Company, Inc. Board of Directors Current
Global Crossing Ltd. Senior Vice President, Tax Former
Dole Food Company, Inc. Vice President Former

Organization Position Status
Dole Food Company, Inc. Chief of Staff Current
Castle & Cooke, Inc. Executive Vice President of Administration Current
Flexi-Van Leasing, Inc. Vice President Current
Dole Food Company, Inc. Director Current
Flexi-Van Leasing, Inc. Director Current
Castle & Cooke, Inc. Board of Directors Current
Dole Food Company, Inc. Vice President Former
Castle & Cooke, Inc. Vice President Former
Castle & Cooke, Inc. Corporate Secretary Former
Dole Food Company, Inc. Executive Assistant Former

Organization Position Status
Dole Food Company, Inc. Chief Accounting Officer Current
Dole Food Company, Inc. Board of Directors Current
Dole Food Company, Inc. Vice President Former
Dole Food Company, Inc. Controller Former

Organization Position Status
Dole Food Company, Inc. Executive Vice President Current
Dole Food Company, Inc. Director Current
The Pinkertons.Com Executive Vice President Former
The Pinkertons.Com General Counsel Former
Dole Food Company, Inc. General Counsel Former
Concurrent Computer Corporation N, A Former
The Singer Company N, A Former

Organization Position Status
Dole Food Company, Inc. Executive Vice President, Corporate Development Current
Dole Food Company, Inc. Director Current
Castle & Cooke, Inc. Executive Vice President, Finance Former

Organization Position Status
Dole Food Company, Inc. Senior Vice President, Sales & Marketing Current

Organization Position Status
Dole Food Company, Inc. Senior Vice President, Manufacturing Current

Justin M. Murdock is chief executive officer and executive chairman of the board of NovaRx. He is also senior vice president of investments for both Castle & Cooke and the Dole Food Company. He serves on the executive boards of both companies, as well as their audit and finance committees.

Organization Position Status
Novarx Corporation Chief Executive Officer Current
Dole Food Company, Inc. Senior Vice President of Investments Current
Castle & Cooke, Inc. Senior Vice President of Investments Current
Novarx Corporation Executive Chairman of The Board Current
Dole Food Company, Inc. Director Current
Castle & Cooke, Inc. Vice President of Investments Former
Dole Food Company, Inc. Vice President, New Products and Corporate Development Former

Organization Position Status
Dole Food Company, Inc. Senior Vice President, Human Resources Current

Organization Position Status
Dole Food Company, Inc. Vice President Current
Dole Food Company, Inc. Treasurer Current

Organization Position Status
Dole Food Company, Inc. Vice President, Marketing, Packaged Foods Current

Organization Position Status
Dole Food Company, Inc. Vice President, Sales & Marketing, Foodservice Current

Organization Position Status
Dole Food Company, Inc. Vice President, Marketing, Dole Packaged Foods Current

Organization Position Status
Dole Food Company, Inc. Vice President of Strategy Current
The Hershey Co. Senior Vice President, Strategy & Business Development Current
OCEAN SMART, INC. Director Current
Dole Food Company, Inc. President Former
Dole Packaged Foods CFO Former
Dole Packaged Foods Vice President Former

Organization Position Status
Dole Food Company, Inc. Vice President Current
Dole Food Company, Inc. Assistant Corporate Secretary Former

Organization Position Status
Dole Food Company, Inc. Vice President Current
Dole Food Company, Inc. Director, Dole Nutrition Institute Former

Organization Position Status
Dole Food Company, Inc. Vice President Current
Dole Food Company, Inc. General Manager, Dole Chile Former

Organization Position Status
Dole Food Company, Inc. Vice President, Eastern Seaboard Sourcing Current

Organization Position Status
Dole Food Company, Inc. Vice President Current

Organization Position Status
Dole Food Company, Inc. Vice President, Advertising Promo & Indus Relations Current

Organization Position Status
Dole Food Company, Inc. Vice President & Director, Corp Social Responsibility Current

Organization Position Status
Dole Food Company, Inc. Vice President, Worldwide Applied Res Current

In addition to being Chief Executive Officer of Castle & Cooke Aviation, David H. Murdock is currently Chairman, CEO and owner of Dole Food Company, Inc., which is the world's largest producer and marketer of high-quality fresh fruits, vegetables and fresh-cut flowers and it markets a growing line of packaged foods. Dole, a Fortune 500 company, generates revenue of over $5 billion and employs 59,000 people in more than 90 countries around the world. Mr. Murdock is also owner and CEO of Castle & Cooke, Inc., and Murdock Realty, LLC which, with their affiliated companies, is a leading developer and owner of residential and commercial real estate in over 25 states, employing approximately 3,500 people. His companies own approximately 98% of the 88,000-acre private Hawaiian Island of Lana'i, which has two of the world's highest rated resorts, the Four Seasons Resort Lana'i at Manele Bay and The Lodge at Koele and adjacent golf courses. His companies also own the master planned communities of Lake Sherwood in Thousand Oaks, California; Mililani Town, Oahu, Hawaii; Keene's Pointe, Orlando, Florida; Pueblo del Sol, Sierra Vista, Arizona; Seven Oaks in Bakersfield, California and Alberhill Ranch in Lake Elsinore, California. Mr. Murdock owned companies are under construction on the first building of the North Carolina Research Campus in Kannapolis, North Carolina. When completed, this project is anticipated to include more than one million square feet of office and laboratory space, as well as retail and residential uses. Mr. Murdock has been active in business aviation since 1973 and in 2003 purchased, through his companies, the Bombardier Global Express for his extensive travels. Castle & Cooke Aviation and Dole Foods' Flight Department maintain and operate this aircraft. Additionally, Mr. Murdock has developed aircraft hangars and office structures at VNY since 1981. Also key in his private companies are Flexi-Van Leasing, Inc., Kenilworth, New Jersey, one of the nation's leading lessors of chassis; Pacific Clay Products, Inc. a vitrified brick company in Lake Elsinore, California and Lincoln, Nebraska; Castaic Clay Products, LLC, a vitrified brick company in Castaic, California; Pacific Aggregates, Inc., a sand, aggregate and concrete products company in Lake Elsinore, California and Rancho Ready Mix Products, L.P., a concrete products company in Colton and Beaumont, California. Mr. Murdock is active in the civic affairs in the communities in which he lives and works, supporting educational, medical and cultural programs. He organized the collaborative efforts of medical and nutrition experts at Mayo Clinic, University of California, Los Angeles and Dole Food Company, Inc. to write The Encyclopedia of Foods, A Guide to Healthy Nutrition. This 500-page book, published in 2002, is the definitive guide to a healthier lifestyle through improved nutrition, exercise and disease prevention. He is active in national, state and local politics. He resides principally in Southern California, with secondary homes in New York, Lana'i, Hawaii, and Kannapolis, North Carolina. His son, Justin Murdock, is active in the family businesses. Mr. Murdock's hobbies include reading, the arts, poetry, and horticulture. He is a breeder of more than 50 prized Arabian horses, has an orchid collection consisting of more than 16,500 plants, and is an avid art and antique furniture collector.

Organization Position Status
Murdock Realty, Ltd. Owner and CEO Current
Castle & Cooke Aviation Services, Inc Owner, Chairman and CEO of Parent Company Castle & Cooke, Inc Current
Castle & Cooke, Inc. Chief Executive Officer Current
Flexi-Van Leasing, Inc. Chief Executive Officer Current
Dole Food Company, Inc. Owner Current
Sherwood Development Company Developer Current
Dole Food Company, Inc. Chairman Current
Flexi-Van Leasing, Inc. Chairman of The Board Current
Castle & Cooke, Inc. Chairman of The Board Current
Castle & Cooke, Inc. Director Current
Dole Food Company, Inc. Board of Directors Current
Dole Food Company, Inc. CEO Former
Castle & Cooke, Inc. Developer Former
University of California, Los Angeles Former

Organization Position Status
Dole Food Company, Inc. Director, Consumer Services Current

Organization Position Status
Dole Food Company, Inc. Director, Corp Communications Current
Dole Food Company, Inc. Director, Corp Communications & Shareholder Relations Former

Array

Organization Position Status
Is Student Assoc. Board of Directors Current
United States Air Force Academy B.S. Degrees In Mathematics Former

Organization Position Status
Dole Food Company, Inc. Current

Organization Position Status
Dole Food Company, Inc. Current

Organization Position Status
Dole Food Company, Inc. Current

Organization Position Status
Dole Food Company, Inc. Director Current

Mr. Roohan is responsible for the day-to-day operations of the corporate headquarters of Castle & Cooke, Inc., Murdock Realty, LLC and their affiliated companies and is involved in all significant acquisitions, dispositions, financings, and senior personnel matters of the companies. Since being employed by David H. Murdock more than ten years ago, he has worked with numerous lending institutions and was responsible for raising over $3 billion in various financings. Castle & Cooke, Inc., Murdock Realty, LLC and their affiliated companies operate under the umbrella of "Castle & Cooke". The companies diversified businesses include the development and ownership of residential and commercial real estate, leasing of transportation equipment, manufacture of brick and clay products and ownership of public warehouses and aviation facilities. In addition to Mr. Roohan's other responsibilities, in 2003, Mr. Roohan was elected to the Board of Directors of Dole Food Company, Inc. He assisted Mr. Murdock in securing the privatization of the former publicly traded company. The privatization was valued at approximately $2.5 billion. Mr. Roohan began his career at Arthur Andersen in the Chicago and Los Angeles offices from 1985 until 1993. He was a senior manager in the audit and business advisory group specializing in the real estate and entertainment practice. He joined Castle & Cooke Homes, Inc. in 1993 as Vice President and Controller. Castle & Cooke Homes, Inc. was then a publicly traded homebuilding company that was 80% owned by Dole Food Company, Inc. Mr. Roohan graduated from the University of Notre Dame in 1985. He is a Certified Public Accountant in the state of California.

Organization Position Status
Castle & Cooke Aviation Services, Inc President & Chief Operating Officer Current
Dole Food Company, Inc. Board of Directors Current
Novarx Corporation Board of Directors Current
Castle & Cooke, Inc. President Former
Castle & Cooke, Inc. Chief Financial Officer Former
Castle & Cooke, Inc. Vice President Former

Organization Position Status
Dole Food Company, Inc. Board of Directors Current

Executive News

  • Heavily leveraged Dole hopes stock sale bears fruit

    Los Angeles Times - 9/08/09 - View Story

  • Dole out to raise some green

    Los Angeles Times - 9/08/09 - View Story

  • UPDATED: IPO could increase performance pressure for Dole

    Packer Online - 8/24/09 - View Story

  • Top Stories - UPDATED: IPO could increase performance pressure for Dole

    Packer Online - 8/24/09 - View Story

  • Rio Tinto Taking Care of To-Do List

    The Wall Street Journal Interactive Edition - 8/23/09 - View Story

  • Murdock's earnings unveiled in filings to take Dole public

    Salisbury Post - 8/20/09 - View Story

  • As Bankers Push Firms to Pay Down Debt, Who Wins?

    New York Times - 8/20/09 - View Story

  • Rising stars: 5 nearly great stocks

    MSN Money - 8/19/09 - View Story

  • Doubting the Move to Pay Down Debt

    New York Times - 8/19/09 - View Story

  • Dole Files IPO, Will Be Public Again

    The Wall Street Journal Interactive Edition - 8/16/09 - View Story

  • Dole Food $500 Million IPO to Repay Debt

    123Jump - 8/15/09 - View Story

  • Dole Food IPO would satisfy company's hunger for cash

    Los Angeles Times - 8/15/09 - View Story

  • David Murdock's Dole Food files IPO plans

    Raleigh News & Observer - 8/14/09 - View Story

  • Fitch: Dole's Proposed IPO & Secured Notes Offering Viewed Positively

    Business Wire - 8/14/09 - View Story

  • Dole Food to go public in $500M IPO

    Biz Journals - 8/14/09 - View Story

  • Dole Food going public again with $500-million stock offering

    Los Angeles Times - 8/14/09 - View Story

  • Dole Food Company, Inc. Announces Commencement of Private $325 Million Debt Offering

    Reuters - 8/14/09 - View Story