Some agencies spending 90-percent of IT budget on legacy systems — report
October 21, 2016
Some agencies are spending 90 percent or more of their IT budgets on operations and maintenance, the report released last week found.
Founder and CEO of Chobani, LLC.
Founder and CEO - Chobani, LLC.
Hamdi Ulukaya (born 1972) is a Turkish American entrepreneur and businessman. He is the founder and CEO of Chobani, LLC, the number one–selling Greek yogurt brand in the U.S.
Originating from a Kurdish dairy-farming family in a small village in Turkey, Ulukaya came to the U.S. in 1994 to study English and took a few business courses as well. He started a modest feta-cheese factory in 2002 on the advice of his father, but his real success came from taking a major risk: purchasing a large defunct yogurt factory in upstate New York in 2005. With no prior experience in the yogurt business, he created a yogurt empire, Chobani, that went from zero to over $1 billion in annual sales in less than five years, becoming the leading yogurt brand in the U.S. by 2011. The popularity of his Greek-style yogurt also sparked the rise in Greek yogurt's market share in the U.S. from less than 1% in 2007 to more than 50% in 2013. Ernst & Young named Ulukaya the World Entrepreneur of the Year in 2013. The success of his yogurt empire made Ulukaya a billionaire, and according to Forbes, his net worth as of 2014 is $1.4 billion.