We are no longer accepting comments on this article. . Company Information: Company Name: 1HEART, LLC: Assumed/DBA Name: 1HEART HUB: Entity Type: Dorrance Jr. earned his B.S. As a major shareholder, Dorrance has provided extensive knowledge of Campbells history, organization and culture to his work on the Board. Bennett Dorrance is the billionaire heir to the Campbell Soup fortune. The breadth with which she and her husband Bennett Dorrance, and their family, have dedicated their charitable activities is indeed extraordinary, spanning natural resource conservation, education, arts and culture, science, and medical research. Since 1989, he was a part of the board of the company and currently, he owns 15% . He is a longtime Campbell's board member and holds a 15% stake in the company. Bennett has sat on the company's board since 1989. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. The company is listed as Active in Arizona companies records. When her father died in 1989, she and her two brothers shared roughly one-third of the company. Third Point should be an ally, not an enemy, he said. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. To manage your email preferences, click here. When they are not making the case for why their approach is far superior, people on both sides of this corporate fight say they are open to a compromise. He said family board members frequently chimed in with helpful advice. University: University of Arizona DMB Associates Member of the Board of Bank One Bennett Dorrance, Jr. was born and raised in Arizona and currently works and resides on the Island of Hawaii with his wife, Delphina, and their three beautiful children, Orion, Jax and Aurora. Like his father, Bennett has a deep appreciation of Campbell's history and passion for the business. Anyone can read what you share. Shes as strong on the product as anyone on the board., Bennett Dorrance, Mr. McLoughlin said, is an expert in merchandising and pricing for Campbells products. John T. Dorrance Jr., whose family founded Campbell Soup Co. and who later became its chairman and one of the nation's wealthiest men, died here Sunday of an apparent heart attack. Our VermiMeister says, Now $25/gallon when you bring your own container t. Passion for plants flowers into passion fruits. Please use our Premium/VIP service to join colleagues of Bennett Dorrance Jr listed below. The grandchildren are John Dorrance III's two sons, John IV, 17, and Charles, 14; Bennett Dorrance's son Bennett Jr., 19, and daughter Ashley, 14; and Mary Alice Dorrance Malone's two daughters, Mary Alice Jr., 7, and Catherine, 6. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. His expertise in sustainability and entrepreneurship will be an asset to the Board.. Dorrance is devoted to, and active in, the North Kohala community as an advocate and promoter for local farmers, local schools, alternative energy initiatives, mindfulness, and land and historic preservation. Dorrance also actively supports programs and projects that celebrate, honor and promote the culture and resources of Hawaii; preserving its history and its future. He said he had gotten calls from Ms. Malone during store visits, complaining about the packaging of its new Well Yes! 1919, d. 1989) Brother: John D. Dorrance III ("Ippy", rancher) Sister: Mary Alice Malone (director of Campbell Soup) Wife: Jacquie. 3 Min Read. He is the grandson of company founder and condensed soup inventor John T. Dorrance. (His father's) will left the bulk of his estate to his grandchildren in six equal shares. The estate known as Linden Hill, which once housed the soup heir's vast collection of more than $120million worth of art and over $100,000 in wine, is being sold off by its current owner venture capitalist Robert Burch. Dorrance Jr. is a managing director for the DFE Trust Co. and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that. We changed the way people live, work, and recreate by reimagining what master-planned communities and commercial properties could be. After submitting your request, you will receive an activation email to the requested email address. Bennett Dorrance, another board member, is worth $2.6 billion. Two of Jack Dorrance's three. Mr. Dorrance Jr. is a managing director for the DFE Trust Co. and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Bennett Dorrance (Photo: Business Wire) Dorrance is the longest-serving member of Campbell's Board of Directors with 33 years of service. Like his father, Bennett has a deep appreciation of Campbell’s history and passion for the business. $120 million worth of paintings, $2.8 million in Chinese porcelain and ceramics, $1.6 million in Chinese works of art, $362,620 worth of silver, $2.8 million worth of Russian art and furniture and more than $1 million in 'decorations'. Bennett Dorrance's brother is John Dorrance III Bennett Dorrance's sister is Mary Alice Malone Bennett Dorrance's nieces and nephews: Bennett Dorrance's nephew is John Dorrance IV Bennett Dorrance's niece is Mary Alice Malone Bennett Dorrance's niece is Catherine Malone Bennett Dorrance's grandparents: Bennett Dorrance has been a director since 2004. said, has presented a compelling case that change at the board level is warranted.. Max Bennett . Its an approach he has used before as an activist investor with a knack for acquiring stakes in companies that have been underperforming. Connect to the World Family Tree to find out, Apr 1 1950 - Monk Rd, Lower Merion Township, Montgomery, Pennsylvania, United States. Theyre all in. James Regan Dozens of family members depend on the dividends they receive from the company to underwrite their comfortable lives. Campbell Soup cans, for example, have barely changed since 1900, and the top sellers remain tomato, chicken noodle and cream of mushroom. (856) 219-6409 He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has served with distinction on all the Board's standing committees. From his worldwide experience in private aviation, Bennett has envisioned a hangar complex that will provide the highest level of amenities, security, safety and service. Most recently, Dorrance was a member of the Board's Compensation and Organization, and Governance . Kohala Institute stewards 2,400 acres in North Kohala on the Island of Hawaii that includes the historic ahupuaa, Iole. Dorrance Jr. is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. Hes up against the descendants of John T. Dorrance, a chemist who devised the formula for condensed soup at the turn of the last century. Dorrance is the longest-serving member of Campbells Board of Directors with 33 years of service. Dorrance Jr. earned his B.S. Food systems are major contributors to climate change. The grandchildren are John Dorrance III's two sons, John IV, 17, and Charles, 14; Bennett Dorrance's son Bennett Jr., 19, and daughter Ashley, 14; and Mary Alice Dorrance Malone's two daughters, Mary Alice Jr., 7, and Catherine, 6. John T Dorrance Jr Married Mary Alice Dorrance Heir to Campbell's Soup Company John Dorrance Age 70 (approx.) Ripe mamey fruit has a creamy t. Buddha's Hand looking like a Kraken head! Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. Born 1919 Died 1989 Start a FameChain Other Partners Professional Partners John T Dorrance Jr Siblings Sister Elinore Hill Sister Ethel Colket Sister Charlotte Cox Wright Sister Margaret Strawbridge Other Partners Professional Partners David Larned Dorrance, 83, booked the last train to heaven on December 15, 2020 at his home in Eugene Oregon in the company of his daughter Carolyn Murrow and his beloved cats Morris and Alfie.. (One of the artists soup can paintings hangs in the companys boardroom.). Find 11 people named Bennett Dorrance along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. Mr. Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. Dorrance is the cofounder and board member of Kohala Village Hub, which provides the local community with resources that cultivate and support sustainable, local and organic agriculture, culture, arts and sciences through project-based and experiential learning, health and wellness programs for body, mind and spirit, and creative and performing arts for students and the community. in art history from Princeton University and a masters degree in sustainable leadership from Arizona State University. He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has served with distinction on all the Boards standing committees. Happ, We are so excited to welcome these hard working po, Life is subLime here at Dragon Heart Farm May this day be, Happy Aloha Friday Everyone As the worlds population rises, if we are to meet our global climate goals, our need for more sustainable, regenerative and holistic farming will need to increase. Father of Private and Private "Ippy has chosen a lifestyle directly at odds, deliberately and aggressively different," said Robert D. Dripps 3d, whose mother, Diana, was Jack Dorrance's third wife. Alfred P. West Jr., of Paoli, is worth $1.4 billion, according to Forbes. 17:37 GMT 15 Jun 2013. He also sits on the board of Insight Enterprise, an Arizona based IT consulting firms. Rebecca Gardy Most recently, Dorrance was a member of the Boards Compensation and Organization, and Governance committees. Hell call me and say, Why is Prego at this price point vs. Ragu?, These people are committed financially and committed personally, Mr. McLoughlin added. Alumni Jacquelynn and Bennett Dorrance have made a gift commitment of $5.4 million to endow the deanship of the University of Arizona College of Humanities in support of efforts to integrate traditional and cutting-edge approaches into humanities teaching and learning. For screen reader problems with this website, please call 1-844-995-5545. Hes got the office, a sleek white space that is a quintessential hedge fund aerie, with art by Jean-Michel Basquiat, Jeff Koons and Andy Warhol. View our privacy policy. John Dorrance Clouse (1840-1902) - Find A Grave Memorial According to the Clouse Family Tree, John married Nancy Jane Beauchamp on August 2, 1863. Sign up to get the latest company news. CAMDEN, N.J.--(BUSINESS WIRE)-- Dorrance is a founding partner of DMB Associates, an Arizona real estate development firm. If you experience any issues with this process, please contact us for further assistance. When he passed in 1989, he left behind his wife, three children John T. "Ippy" Dorrance, Mary Alice Malone and Bennett Dorrance and eight grandchildren. For more information on Arizona Relay Service, please visit www.acdhh.org. 2023 Ballet Arizona. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona, Utah, California and Hawaii. Looking for Bennett Dorrance? Like his father before him, Mr. Strawbridge rode horses and hunted fox. They may have been associated with this organization before or after this year as well. Elinor Dorrance Ingersoll, a director of the Campbell Soup Company and president of the Preservation Society of Newport County, R.I. died in a New York Hospital, where she had been governor of the Society of the New York Hospital for 25 years. The breadth with which she and her husband Bennett [] The filing status is listed as Active. The company is a Nevada Domestic Limited-Liability Company, which was filed on September 11, 2018. We wish him and his family a healthy and happy retirement.. He was elected to the Board in 1989, was. According to Philly.com, the soup heir left a vast inheritance after his death in 1989. Bennett Dorrance Family Office Portfolio Investments, Bennett Dorrance Family Office Funds, Bennett Dorrance Family Office Exits At its heart: In the eyes of their cousins, Jack's branch of the family now represented by Ippy, Bennett and Mary Alice had wrongfully assumed primacy over the other branches. . A chemist by trade he was nephew of the general manager of the Joseph Campbell Preserve Company where he first worked and was grudgingly taken on. Shes into clean labeling, no artificial flavors and no chicken antibiotics, Mr. McLoughlin said. The accident took place near the city of Larissa as a passenger train collided head-on with a cargo train at high speed late on Tuesday night. Campbell could, for example, give Mr. Loeb a few seats on the board while letting the family retain its influence. Princeton University Not only did he deepen his understanding of the beneficial aspects of even a few worms and their castings, but discovered that, by way of earth passing through the worms gut (the miracle inch), the output is pathogen free. He is a real estate developer who collects vintage cars and is a pilot with his own private hangar in Arizona. Like his father, Bennett has a deep appreciation of Campbells history and passion for the business. Bennett Dorrance, Jr., moved to Hawaii in search of a different way to be on Earth, to be a practicing heartist. Brad Charron, CEO of ALOHA, discusses how ALOHA is working on these issues. A new bill would cancel the Democratic Party and make it re-register under a different name. The property with eight bedrooms and ten bathrooms stands in a 50 acre estate in Gladwyne, Pennsylvania, has been restored to its heyday by Burch and it now resembles again the home John Dorrance Sr's son once acquired. Mary Alice Malone, a board member and a granddaughter of John T. Dorrance, splits her time between horse farms in Florida and Pennsylvania and has a net worth of $3.1 billion putting her at par with Mr. Loeb according to Forbes. Munib Islam, a Third Point partner who is one of the hedge funds candidates for a board seat, said Campbell had lost sight of the interests of nonfamily shareholders. They are fearful of outsiders, fearful of their wealth being taken away. Like his father, Bennett has a deep appreciation of Campbells history and passion for the business. The Board announced that it elected Bennett Dorrance Jr., 51, an entrepreneur who has invested in a variety of successful for-profit and non-profit enterprises focused on sustainability, land management, and health and wellness. in a clan whose blood runs deep and blue, took a different stand. Spring2021update|FAQpage | Class flexibility for students | Novel coronavirus updates. The hedge fund manager Daniel Loeb is pushing for the sale or restructuring of the Campbell Soup Company. Third Point, Mr. Loebs hedge fund in Manhattan, is pushing for the sale or restructuring of Campbell, a slumping food giant that has called Camden, N.J., home for nearly 150 years. Bennet Dorrance graduated with a Bachelor of Arts from the . Bennett has made over 38 trades of the Campbell Soup Co stock since 2004, according to the Form 4 filled with the SEC. On July 15,1897 John married Luella F.M. Dorrance is the longest-serving member of Campbell's Board of Directors with 33 years of service. View Site John B Dorrance (1919 - 1998) - Weirton, WV His board nominees won the endorsement of Institutional Shareholder Services, a proxy advisory firm, on Wednesday. He oversaw the company's development into frozen dinners and was in charge when Andy Warhol painted his first Campbell's soup can. Earnings were down 50 percent last quarter, soup sales have been eroding and the companys chief executive, Denise Morrison, stepped down under pressure in May. Bennett Dorrance 1998-2001 Managing Director, DMB Associates . They are proud of Campbells but introverted. Bennett Dorrance. By submitting this form, you agree to receive communications, including product information, from Campbell Soup Company. Bennett Dorrance is the billionaire heir to the Campbell Soup fortune. The wife of a retired vice admiral, Stuart H. Ingersoll, she was 68 years. 2023 Forbes Media LLC. But they say Mr. Loeb is just looking to make a quick profit on his investment and doesnt have the companys long-term interests at heart. Bennett Dorrance to Retire from Campbell Board of Directors. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. Jacquie Dorrance, a devoted mother and grandmother, born in Caracas, Venezuela, has for years dedicated her public life to bettering the lives of others. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. It is also why the farm is committed to creating partnerships and programs that help perpetuate aina and aloha based practices.. In the last two years, Campbells stock has badly trailed the broader market, as well as other food businesses, and has lost more than a third of its value. Around the year 2000, Brooks got a significant boost from studying with Korean Natural Farming founder and expert, Master Cho. Campbell has $8 billion in annual revenue and owns a portfolio of brands that includes Pepperidge Farm, Prego and V8. (856) 342-6081 Campbell Soup is more than an inheritance or an investment for the Dorrance heirs. Bennett Dorrance Jr. Dorrance Jr is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education and natural resource conservation. The company estimates that 95 percent of American homes have at least one Campbell product in the cupboard. Dorrance is devoted to, and active in, the North Kohala community as an advocate and promoter for local farmers, local schools, alternative energy initiatives, mindfulness, and land and historic preservation. As children, family members would summer in Bar Harbor, Me., and dress up as Campbell kids and soup cans. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. It may be hard to think of a fellow billionaire as an outsider in this milieu, but thats how Mr. Loeb and Third Point portray their fight with the Dorrance clan. Dorrance Malone is the largest shareholder of Campbell Soup, the world's largest soup company. Since 1999 his Dorrance Scholarship Programs have helped send first-generation college students to Arizona's three public universities and South Mountain Community College. In late August, management released a plan to revitalize the company. Like many entrepreneurs, Brooks Thomas discovered his passion for vermiculture through trying to solve a problem. You may wish to switch to the. Even though he considered himself separated from his wife . McLoughlin said, We are excited to welcome Bennett to the Campbell Board. Bennett Dorrance Jr was associated with The Larson Company in 2019. She does this as a leader in the philanthropic community and by guiding philanthropic investment in projects that will serve future generations. Investors: Rebecca Gardy (856) 342-6081 [emailprotected], Media: James Regan (856) 219-6409 [emailprotected]. Today he owns 15% of outstanding shares. Dorrance is the co-founder and managing director of DMB Associates, an Arizona real estate development firm that specializes in planned communities. He was elected in 1989, was vice chairman from 1993-96 and has served on all the board's . Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. His expertise in sustainability and entrepreneurship will be an asset to the Board.. He married Mary Alice Bennett on 27 May 1943, in Joplin, Jasper, Missouri, United States. . On behalf of Campbell and my fellow board members, we thank him for his many contributions to the company and wish him and his family the very best in his retirement.. She does this as a leader in the philanthropic community and by guiding philanthropic investment in projects that will serve future generations. Dorrance also serves on the board of Heartwood Institute, and is owner of the popular Blue Dragon Restaurant and Spa. To manage your email preferences, click here. Campbell Board elects Bennett Dorrance Jr. as a director. She has a bachelor's degree from the University of Arizona. Bennett Dorrance is known to be the grandson of John T. Dorrance, who invented condensed soup and founded Campbell Soup. He is a real estate developer who collects vintage cars and is a pilot with his own private hangar in Arizona. Time to hang up w, We had so much fun at the Night Market last night, Come join us this evening till 7pm @kohalavillageh, We love staying hydrated with cold coconuts on a h, Jackfruit is the largest fruit grown on a tree. Theres lots to work with.. About Bennett Dorrance. Dorrance is the cofounder and board member of Kohala Institute at Iole, providing opportunities for people to connect with the land and universal values for a better world. . In his Army fatigues and old work boots, Ippy Dorrance is the antithesis of his cashmere cousins in Philadelphia. On behalf of Campbell and my fellow board members, we thank him for his many contributions to the company and wish him and his family the very best in his retirement.. With a reported net worth of $1.7 billion, Forbes put him at #292 on the list of wealthiest Americans. Bennett has sat on the company's board since 1989. He is the cofounder and a board member of Kohala Institute in North Kohala, Hawaii, which supports local farmers, local schools, alternative energy initiatives, and land and historic preservation. Campbell Board elects Bennett Dorrance Jr. as a director. SVP, Chief Investor Relations OfficerIR@campbells.com, Campbell Soup Company The luxury residence of Campbell's billionaire Jack Dorrance has gone on the market more than 20 years after his death. As a long-term shareholder, Bennett has been dedicated to the success of the business and continuing the legacy of his grandfather and father as a steward of Campbells long-term interests. Initiatives focus on sustainability, education, arts and culture, and contemplation. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. Related by financial asset: Campbell Soup Co. View Profile. As the managing director and co-founder of the real estate development firm DMB Associates, Dorrance also provided business, entrepreneurial and operational expertise. Happy 11/11 and Aloha Friday Fam! Soup of all products is our savior., Campbell Soups Fate Hangs on Duel Between Company Heirs and Interloper, https://www.nytimes.com/2018/11/16/business/campbell-soup-company-dan-loeb-third-point.html. Jacquie Dorrance, a devoted mother and grandmother, born in Caracas, Venezuela, has for years dedicated her public life to bettering the lives of others. Theirs is a world of privilege, complete with flying private planes and breeding and racing thoroughbreds. The inventory estimates they will get roughly $26.7 million apiece in addition to the $2 million trust funds Dorrance set up for each of the six directly. Ruben Aguirre. Dorrance also serves on the board of Heartwood Institute, and is owner of the popular Blue Dragon Restaurant and Spa. Photo by Bobby Bank/WireImage/Getty Images. broward health medical center human resources phone number; steve watson obituary poplar bluff mo His positive impact on the company will last far beyond his tenure on the Board. This company was incorporated about thirty-one years, ago in September of 1991 in Scottsdale. #fresh, DRAGON HEART FARM IS HIRING! These passions are rooted in the operation of Dragon Heart Farm where regenerative practices fuel both how the land is farmed as well as what is farmed. Initiatives focus on sustainability, education, arts and culture, and contemplation. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. His hedge fund and the company have spent months exchanging barbed letters. His gardens alone contained $500,000 worth of sculpture and outdoor furniture. Bennett Dorrance, Jr., moved to Hawai'i in search of a different way to be on Earth, to be a practicing heartist. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Copyright 2023 Sitemap Privacy Policy Designed by Websites with Aloha Log in, Mamey Sapote View phone numbers, addresses, public records, background check reports and possible arrest records for Bennett Dorrance in Arizona (AZ). For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Hes got the money, about $3.1 billion. Bennett Dorrance, Jr. is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. At Campbell Soup Company, we promise to treat your data with respect and will not share your information with any third party. December 21, 1989. The ex-Manchester United, Leeds and West Ham star also says fans have more power than they think, and if clubs are brave, they can harness this power for good. JACQUELYNN W DORRANCE: SECRETARY: 2: 0: 3: BENNETT DORRANCE JR: VICE PRESIDENT: 2: 0: 4: ASHLEY DORRANCE KAPLAN: TREASURER: 2: 0: 5: CARRIE OSTROSKI: EXECUTIVE DIRECTOR: 40: 190,000: Charitable Activities . Executives and board members acknowledge the companys problems. Born: 1947. Newton and they were divorced in February 1900. Dorrance is the longest-serving member of the board, with 33 years of service. Investors: Box 700567, Kapolei, HI 96709 in Honolulu County. The Board announced that it elected Bennett Dorrance Jr., 51, an entrepreneur who has invested in a variety of successful for-profit and non-profit enterprises focused on sustainability, land management, and health and wellness. According to public records BENNETT DORRANCE JR is connected with one company - The Dorrance Family Foundation . The company has run into very hard times and has been undermanaged and undersupervised., But Mr. Loeb, who controls more than 7 percent of Campbell stock through Third Point, will need to win over many more shareholders to be successful. Mr. Dorrance has been a Managing Director of DMB Associates, Inc., a real estate service company based in Scottsdale, Arizona since 1984. Mr. Dorrance CPB stock SEC Form 4 insiders trading. Mary Alice Malone, a board member and a granddaughter of John T. Dorrance, splits her time between horse farms in Florida and Pennsylvania and has a net worth of $3.1 billion putting her at par with Loeb according to Forbes. Camden, New Jersey-based Campbell Soup Company has announced that Bennett Dorrance will retire from its board of directors. in art history from Princeton University and a masters degree in sustainable leadership from Arizona State University. John Dorrance is an heir to the Campbell's Soup fortune; his grandfather invented the Campbell's formula for condensed soup. Its a tradition Mr. Strawbridge enjoys a bowl of Campbell Soup every day, usually tomato. He is the cofounder and a board member of Kohala Institute in North Kohala, Hawaii, which supports local farmers, local schools, alternative energy initiatives, and land and historic preservation. Information with any third Party a 15 % Campbell kids and Soup cans give Mr. a! 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Aloha is working on These issues its new Well Yes submitting this Form, you to... 1Heart, LLC: Assumed/DBA Name: 1HEART HUB: Entity Type: Jr..
