Episode Details

Live from The Hyderabad Public School, a private high school in India which features notable alums 1) Microsoft CEO Satya Nadella, 2) Adobe CEO Shantanu Narayen 3) former Mastercard CEO Ajay Banga, 4) Fairfax Financial CEO Prem Watsa, and 5) Procter & Gamble CEO-designate Shailesh Jejurikar, it’s an all-new Terrific Tuesday edition of Business Pants, featuring Analyst-Hole Matt Moscardi! On today's Lead Independent Turkey called November 25th, 2025: the Who Do You Blame? Game!

Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.

DAMION

Campbell's Places VP on Leave Following Viral 'Poor People' Rant

Martin Bally, Campbell Soup Company’s vice president and chief information security officer: “"We have s--- for f---ing poor people. Who buys our s---? I don’t buy Campbell’s products barely anymore. Bioengineered meat — I don’t wanna eat a piece of chicken that came from a 3-D printer."

He also allegedly made derogatory comments about Indian coworkers and – according to the recording – claimed he sometimes came to work under the influence of marijuana: "F---ing Indians don’t know a f---ing thing," the voice on the recording says. "They couldn’t think for their f---ing selves."

The statement follows claims made by former Campbell’s security analyst Robert Garza, who filed a lawsuit in Wayne County Circuit Court alleging that Bally launched into an hour-long tirade during what was meant to be a discussion about Garza’s salary.

Campbell’s: “We are proud of the food we make, the people who make it and the high-quality ingredients we use ... The comments on the recording are not only inaccurate—they are patently absurd.

Campbell’s also noted that Bally is not involved in food development. “Keep in mind, the alleged comments are made by an IT person, who has nothing to do with how we make our food,” the statement concluded.

WHO DO YOU BLAME?

The founding families:

Voting power: (35%) Mary Alice D. Malone - 18% Bennett Dorrance- 15% Archbold D. van Beuren - 2%

Board influence (76%): Mary Alice Dorrance Malone (61%; board member since 1990); Archbold Dorrance van Beuren (9%; wealth management); Bennett Dorrance (6%: bachelor’s degree in art history from Princeton University and a master’s degree in sustainable leadership from Arizona State University); Mary Alice Dorrance Malone Jr (accomplished equestrian, and a luxury fashion entrepreneur) MM

Investors: 11/18/2025 AGM

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