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The Wrigley Building is a skyscraper located at 400–410 North Michigan Avenue on Chicago's Near North Side. It is located on the Magnificent Mile directly across Michigan Avenue from the Tribune Tower. Its two towers in an elaborate style were built between 1920 and 1924 to house the corporate headquarters of the Wrigley Company.
The company was founded on April 1, 1891, in Chicago, Illinois by William Wrigley Jr. Wrigley's gum was traditionally made out of chicle, sourced largely from Central America. In 1952, in response to Decree 900 , land reforms attempting to end feudal working conditions for peasant farmers in Guatemala , Wrigley's discontinued purchasing chicle ...
Wrigley Jr. was inducted into the Junior Achievement U.S. Business Hall of Fame in 2000. [13] His great-grandson, William Wrigley Jr. II, was the executive chairman and CEO of the Wrigley Company from 1999 until 2006, when he turned it over to William Perez, the first non-Wrigley head of the company. [14] [15]
On October 3, 2006, Perez succeeded William Wrigley Jr. II as CEO of Wm. Wrigley Jr. Company, the world's largest chewing-gum manufacturer. He was the first person outside the Wrigley family to head the century-old company. He also joined Wrigley's board of directors. [3] On January 11, 2010, Perez joined Greenhill & Co. as a senior advisor. [4]
With most of his money tied up in the Wrigley Company and the Cubs, he eventually sold the Cubs to the Chicago Tribune in 1981 to pay off the tax bill. After assuming the company's presidency in 1961, Wrigley maintained its position as the world's largest manufacturer of chewing gum by venturing into Orbit, Freedent, Extra, Hubba Bubba, and Big ...
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