Harold Price (c. 1909 – January 27, 2004) was an American businessman and philanthropist. He worked for the Joe Lowe Corporation, which owned the Popsicle brand, and he was the founder of a subsidiary, Cottage Donuts, which sold frozen donuts.

Harold Price
Bornc. 1909
DiedJanuary 27, 2004
Alma materWharton School of the University of Pennsylvania
SpousePauline Price
ParentLouis Price

Early life

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Price was born circa 1909 in New York City.[1][2] His father, Louis, was a co-founder of the Joe Lowe Corporation.[1]

Price graduated from the Wharton School of the University of Pennsylvania in 1928.[1][2]

Business career

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Price began his career by working for his father's company, the Joe Lowe Corporation.[1][2] The company owned the Popsicle brand, and it supplied bakeries and ice cream parlors.[2]

In 1938, Price founded a subsidiary, Cottage Donuts, which sold frozen donuts.[1] It eventually "sold 100,000 dozen doughnuts a day produced at 19 plants" across the United States.[1] During World War II, Price served on the War Production Board.[1]

Price merged the Joe Lowe Corporation with the Consolidated Foods Corp in 1965. It later merged with Sara Lee Corporation.[1]

Philanthropy

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Price was a donor to his alma mater, the Wharton School of the University of Pennsylvania, as well as New York Stern School of Business.[2] With his wife, he is the namesake of the Harold and Pauline Price Center for Entrepreneurship & Innovation at the UCLA Anderson School of Management.[3]

Personal life and death

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With his wife Pauline, Price resided in Beverly Hills, California.[1]

Price died on January 27, 2004, in Beverly Hills, at 95.[1][2]

References

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  1. ^ a b c d e f g h i j Woo, Elaine (February 6, 2004). "Harold Price, 95; Executive Funded Business Education". The Los Angeles Times. Retrieved July 25, 2018.
  2. ^ a b c d e f "Harold Price: Donuts to dollars". The Philadelphia Inquirer. February 7, 2004. p. C6. Retrieved July 25, 2018 – via Newspapers.com.
  3. ^ "Harold and Pauline Price Center for Entrepreneurship & Innovation". UCLA Anderson School of Management. Retrieved July 25, 2018.