Richard K. Smucker Presents the C. Richard Smith Lecture in Business at Mount Union College
April 22, 2010
Richard K. Smucker, the president and co-chief executive officer of the J.M. Smucker Company, presented the C. Richard Smith Lecture Wednesday, March 28 at Mount Union College, discussing our society's need for ethical business practices.
In 1897, Smucker's great-grandfather began the J. M. Smucker Company, selling apple butter with his son out of the back of their horse-drawn wagon. Over the next century, Smucker's began selling jams and preserves, in addition to their well-known apple butter, and became public in 1959. Smucker's, which now has over 3,500 employees with 15 plants in North America, strives to serve its consumers, customers, employees, suppliers and communities, which in turn also benefits its stakeholders.
'The J. M. Smucker Company believes in certain universal values that apply to every walk of life,' said Smucker. Through the company's dedication to its products and by practicing good ethics, Smucker's strives to put a smile on the faces of the people it works to serve.
Smucker emphasized the importance of practicing the good ethics they hold. 'Ethics are doing what is right even when no one is looking. In matters of style, swim with the current; in matters of principal, swim like a rock.'
Smucker would like to see ethics programs instilled in college and university curricula, allowing students of all majors to discuss ethical issues and the philosophy of ethics. By practicing policies such as the honor system in higher-level education, both students and educators can benefit.
The C. Richard Smith Lecture in Business is funded by a generous gift from long-time Canton businessman C. Richard Smith '53 and his wife Pat. The lecture brings nationally and internationally known figures to campus to share their messages with students, faculty and the Alliance community.