Tabasco, founded in Avery Island, Louisiana, in 1868, is one of the world's most popular hot sauces. It was conceived by an Irish-American banker amid privation that followed the Civil War.
Jean-Dominique Senard, the departing CEO of Michelin and incoming chair of Renault and of the Renault–Nissan–Mitsubishi alliance, argues that the prevailing concept of corporate purpose needs an update.
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