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Home > What's New > Clinton O. Price Sr. 1942–2007
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Clinton O. Price Sr. 1942–2007
Posted: Thursday, January 10, 2008
By Gregory Mottola
Clinton O. Price Sr.
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Clinton O. Price Sr., former chairman and chief executive officer of John Middleton Inc., the Pennsylvania manufacturer of machine-made cigars, died on December 29 from injuries suffered in an automobile accident two days earlier. Price, 65, passed away at the Hospital of the University of Pennsylvania. He spent 47 years working at Middleton.
"He began his career as an hourly factory worker and ended it as Chairman and CEO," said Orrin W. Riddington Jr., president of John Middleton, in an official statement. "A fierce competitor in business, he was a warm and gentle person who will best be remembered as a family man, for if you were a friend or an employee, you were part of his family."
Middleton was founded in 1856. The company was acquired in November by Altria Group Inc. (the parent company of Philip Morris U.S.A.) for $2.9 billion in cash. Price retired after the acquisition.
According to an Altria press release, the Black & Mild brand is the second-largest-selling machine-made large cigar in the United States, and the Black & Mild five-pack is America's best-selling large machine-made cigar package. The Philadelphia Inquirer reported that Price is survived by sons Clinton Jr., Jack, Timothy and Andrew; a daughter, Jill Dickson; his mother, Sara Conran; two brothers; five sisters; and 12 grandchildren.
From the current issue of Cigar Insider.
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