Ellen R. Gordon is the CEO and Chairwoman of Tootsie Roll Industries, Inc., a role she stepped into after her husband's passing in January 2015. With her long history at the company, having joined in 1969, she has deep insights...
Ellen R. Gordon is the CEO and Chairwoman of Tootsie Roll Industries, Inc., a role she stepped into after her husband's passing in January 2015. With her long history at the company, having joined in 1969, she has deep insights into its operations and the candy industry. Ellen holds a Bachelor’s degree in Business from the University of Michigan. Her leadership is backed by a significant personal investment in the company, owning 12.7 million shares of common stock and 14 million Class B shares, highlighting her commitment to Tootsie Roll's success. In 2023, her compensation totaled about $7.3 million, coming mainly from her salary and a large bonus linked to the company's financial performance. The bonus system is designed to reward her contributions and the company's growth, which defines her approach to leadership. Ellen stays actively involved in the company’s strategic direction and has made it clear she has no plans to retire anytime soon, providing stability and continuity in the executive management of Tootsie Roll.