| CEO Name | Thomas J. Harrington |
| Nationality | United States |
| Net Worth Estimation | $30 million |
Thomas J. Harrington's estimated net worth of around $30 million primarily stems from his decades-long executive leadership at Cott Corporation (now Primo Water Corporation), where he accumulated significant salary, bonuses, stock options, and equity awards. His compensation and vested shares in the publicly traded company are major contributors to his overall wealth.
Thomas J. Harrington, CEO of Cott Corporation, has an estimated net worth of $30,000,000, which is 3.33% of the maximum net worth ($900,000,000) and 30 times the minimum net worth ($1,000,000) in the water business category. His net worth positions him well above the category's floor but far below its highest tier.
Business Category: Water
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 900000000 USD
Thomas J. Harrington Performance in Cott Corporation
Thomas J. Harrington, CEO of Cott Corporation, demonstrated strategic leadership by streamlining operations and focusing on core beverage segments, enhancing decision-making efficiency. Under his tenure, Cott improved financial performance through cost reduction and portfolio optimization, driving revenue growth and market competitiveness. His impact solidified Cott's position in the beverage industry, fostering sustainable profitability and shareholder value.
Latest News
Cott Corporation's Strategic Shift and CEO Leadership Updates
Cott Corporation sold its soft drink concentrate business to Refresco for $50 million in 2019, marking a strategic shift towards water, coffee, tea, extracts, and filtration, with CEO Tom Harrington highlighting this transformation. Previously, John Sheppard was named CEO in 2004, and interim CEO David Gibbons led a refocus on private label beverages amid challenges in the company's growth strategy. In 2020, Cott rebranded as Primo Water Corporation, with Harrington continuing as CEO in this pure-play water company transition.
Source: http://www.foodmanufacturing.com/home/news/13249436/cott-sells-soft-drink-concentrate-production-business-and-rci-international-division-to-refresco