Businessman, entrepreneur, and backer of high-tech firms John Sculley III is from the United States. He is most recognized for his roles as President PepsiCo from 1977 to 1983 and as Vice President from 1970 to 1977. Which persisted until his departure in the year 1993.
John Sculley Biography And Net Worth
|Net Worth $20 M|
|Full Name John Scully III|
|Birth Date 6 April 1939|
|Age 82 years|
|Birthplace New York City, State of New York, United States|
|Profession Businessman, entrepreneur|
|Zodiac Sign Aries|
|Spouse Diane Sculley|
|Active Years 1970-Present|
John Sculley Early Life
American businessman, entrepreneur, and investor in high-tech startups John Sculley was born on April 6, 1939. Jack Sculley is John Sculley’s father. On Wall Street, his father worked as a lawyer. The mother of John Sculley is Margaret Blackburn. She worked in horticulture. David Shule is his other sibling. David is a well-known businessman as well.
John Sculley Career
Sculley served as PepsiCo’s president (1977-1983) and vice president (1970-1977) before joining Apple Inc. on April 8, 1983, where he served as CEO until 1993. With a pay of US$10.2 million per year, Sculley was recognized as Silicon Valley’s highest-paid executive in May 1987. Sculley started one of the business’s first consumer research projects, a lengthy in-home product trial with 350 families.
Pepsi made the decision to introduce new, bigger, and more diversified containers of its soft drinks because of the research. Sculley took the helm of PepsiCo’s International Food Operations division in 1974, not long after visiting a potato-chip factory in disrepair in Paris. With revenues of US$83 million and losses of $156.5 million, PepsiCo’s food sector was the only one to experience a loss.
The Pepsi Challenge, an advertising campaign Sculley launched in 1975 to compete with Coca-Cola for market share using extensively televised taste tests, is what made him most famous at Pepsi. It stated that Pepsi-Cola tastes better than Coca-Cola based on Sculley’s own study. Beginning in the early 1970s, a series of television commercials for the Pepsi Challenge featured lifelong Coca-Cola consumers taking part in blind taste tests.
John Sculley Awards and Nominations
- He was given The Joseph Wharton Award for Outstanding Leadership, Wharton’s highest distinction.
- When he was the CEO of Apple, he was chosen as the marketing CEO of the decade.
- In 2015, he received the Ellis Island Medal of Honor.
John Sculley Wife
There were three spouses for John Sculley: Ruth Sculley (1960–1965; divorced), Carol Lee Adams (1978–2011; divorced), and Diane Sculley (2013–present). Meg Sculley is the name of his daughter.
John Sculley Form Net Worth
In 2020–2021, John’s net worth significantly increased. American businessman, entrepreneur, and investor John Scully’s entire assets amount to $20 million. He began his career with Pepsi Cola as an apprentice. Now, John resides in Palm Beach, Florida, which he paid $14.925 million for in 2018. The 6469 square foot, two-story home facing the coast includes five bedrooms.
John Sculley Body Features
|Height 5 ft 8 in|
|Weight 75 kg|
|Eye Color Shiny Brown|
|Hair Color Brown|