Business Leader of the Week: Margaret Fogarty Rudkin

Using her grandmother’s recipe for whole-wheat bread with old-fashioned ingredients, she came up with a loaf of bread that eventually helped her son’s health and after initially making small batches, she was producing 4000 loaves a bread weekly. By 1940, when she was 43, she was producing 50,000 loaves of bread a year and by 1967, when she died, she was selling about 70 million loaves of bread annually. The average annual growth rate for the company was 53%.

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