{"id":43623,"date":"2020-08-10T02:59:00","date_gmt":"2020-08-09T23:59:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/goya-ceo-robert-unanue-saved-by-his-sisters-from-getting-canned\/"},"modified":"2020-08-10T02:59:00","modified_gmt":"2020-08-09T23:59:00","slug":"goya-ceo-robert-unanue-saved-by-his-sisters-from-getting-canned","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/goya-ceo-robert-unanue-saved-by-his-sisters-from-getting-canned\/","title":{"rendered":"#Goya CEO Robert Unanue saved by his sisters from getting canned"},"content":{"rendered":"

“#Goya CEO Robert Unanue saved by his sisters from getting canned<\/strong>”<\/p>\n

\n All CEOs should have sisters like these.<\/p>\n

Goya Foods\u2019 President Trump-loving CEO nearly lost his job last month as members of the family-owned business sought to inject new blood into the company through a partial sale to a private equity firm.<\/p>\n

As The Post reported on July 19, Robert Unanue beat back efforts to sell a 25 percent stake in Goya to BDT Capital Partners in a deal that would have forced him to give up the CEO role after 18 months.<\/p>\n

The Post has since learned, however, that Bob, 66, got his way only after his three sisters \u2014 Carol Freeborn, Mary Ellen Yorio and Lisa Unanue \u2014 threatened to never again speak to certain family members if they voted for the sale.<\/p>\n

\u201cBob\u2019s sisters threatened to cut off relations if they said yes to the sale,\u201d said one source close to the family.<\/p>\n

\u201cThey view him as a protector,\u201d a second family source said of the sisters\u2019 feelings for Bob.<\/p>\n

The alleged drama started on July\u20098 \u2014 the day before Bob\u2019s controversial White House app<\/a>earance \u2014 when 53 percent of the Spanish-food empire\u2019s shares were voted in favor of the sale to BDT during a preliminary nonbinding vote, sources said.<\/p>\n

On board with the sale were Bob\u2019s two younger brothers: Peter Unanue, a Goya executive vice president, and Tom Unanue, who no longer works there, sources said.<\/p>\n

The brothers voted for the sale against Bob\u2019s wishes because they felt their big bro had broken his promise to add three nonfamily directors to Goya\u2019s nine-member board, sources said.<\/p>\n

The board OK\u2019d the board expansion plan \u2014 a pet project of Peter\u2019s \u2014in 2018 as a way to check Bob\u2019s power and ensure he moved the canned-beans maker toward an initial public offering or other big payday for shareholders. But Bob rejected each and every director candidate presented to him, sources said.<\/p>\n

That led to speculation that Bob may be trying to railroad an IPO so he can turn over the reins to his son Robert Jr. \u2014 and sent his brothers into the arms of Andy Unanue, a cousin who has been on the outs with Bob for years, sources said.<\/p>\n

In 2004, Bob and another cousin, Francisco Unanue Jr., ousted Andy from his role as chief operating officer and heir apparent in a coup that also saw Bob replace Andy\u2019s dad, Joseph A. Unanue, as Goya\u2019s CEO after 28 years. Andy spearheaded the BDT deal in hopes that it would help Goya expand to Mexico and in the US beyond the East Coast, sources said.<\/p>\n

Peter, in an e-mailed statement, said he was \u201ctroubled by the false statements that have been anonymously attributed to me and to others, as well as by the improper spreading of inaccurate and misleading claims that were purportedly made during confidential conversations among board members.\u201d<\/p>\n

The day after the preliminary vote on July 9, Bob caused a firestorm by praising Trump on the White House lawn \u2014 leading to calls for a boycott from people who say Trump has used the White House to vilify immigrants from Latin America. The boycott led to a backlash by people who deemed it suppression of speech, kicking off a \u201cbuycott.\u201d<\/p>\n

The national controversy was echoed among the 15 members of the Goya clan who control 98 percent of the company\u2019s stock \u2014 all offspring of the four sons of Goya\u2019s founders, Carolina and Don Prudencio Unanue, sources said. Some of the family supported Bob and even agreed with him, while others accused him of intentionally causing a public spectacle in hopes that BDT would walk away from the deal, sources told The Post.<\/p>\n

Yet the controversy doesn\u2019t appear to have impacted the final vote on a sale, which ended up swinging in Bob\u2019s favor.<\/p>\n

What did was Bob \u2014 with help from his sisters \u2014 managing to persuade Peter and Tom to jump to their side and nix the sale, sources said.<\/p>\n

Bob did this by giving his brothers a written pledge to add two independent directors to the nine-member board, while the sisters and their families stoked their sense of familial duty, sources said. One e-mail, for example, warned Peter against pushing Bob to his grave by voting for the deal, a source said.<\/p>\n

\u201cA lot of us are not happy with what Bob did,\u201d a family source told The Post of the White House appearance. \u201cThe entire family doesn\u2019t back him.\u201d<\/p>\n

With Peter and Bob on their side, only 44 percent of Goya\u2019s shares were cast for the sale in a final vote on July 15, sources said.<\/p>\n

Bob, Tom and their sisters declined to comment, but one family source suggested the sisters fought for Bob because he became the de facto head of the family in 1976 when their father, Anthony, and grandfather, who founded Goya, both died.<\/p>\n

\u201cI\u2019m never surprised by what the family does,\u201d a Goya source said. \u201cThere\u2019s a lot of pressure on the family.\u201d\n <\/p><\/div>\n

\n

If you want to read more Business News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Goya CEO Robert Unanue saved by his sisters from getting canned” All CEOs should have sisters like these. Goya Foods\u2019 President Trump-loving CEO nearly lost his job last month as members of the family-owned business sought to inject new blood into the company through a partial sale to a private equity firm. As The Post…<\/p>\n","protected":false},"author":1,"featured_media":43624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[51069],"class_list":["post-43623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-goya-ceo-robert-unanue-saved-by-his-sisters-from-getting-canned"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/43623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=43623"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/43623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/43624"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=43623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=43623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=43623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}