Farmer Brothers' 100th Anniversary Has a Ring To It
NEW YORK -- Farmer Brothers Co. celebrated its 100th anniversary by ringing the opening bell at the NASDAQ stock market last Thursday. In attendance were interim CEOs Jeffrey Wahba and Patrick Criteser; chairman of the board Guenter Berger; members of the company's management team; and Farmer family members Jeanne Farmer Grossman, Carol Farmer Waite and Jonathan Waite.
Farmer Brothers was founded as a Los Angeles-based coffee roaster and distributor in 1912. It is now a direct coffee distributor to convenience stores, restaurants, hotels, casinos, hospitals and other foodservice providers.
Farmer Brothers also celebrated its 40th anniversary as an inaugural member of the NASDAQ stock exchange. "We thank our various constituencies for the success they have brought us, our employees for the dedication and passion they bring to their jobs, our customers for their loyalty and partnership and our investors for believing in our business model," Wahba said.