Tom Scott (businessman)

Tom Scott
Born February 2, 1966
Chevy Chase, Maryland, U.S.
Education Brown University
Title CEO and Chairman, The Nantucket Project

Tom Scott is an American entrepreneur best known as the CEO and co-founder of Nantucket Nectars, a beverage company Scott founded with Tom First in 1989.[1] The company reached national prominence, appearing on the “Inc. 500” list of fastest growing U.S. companies five years in a row.[2] In 2002, Scott and his partner sold Nantucket Nectars to Cadbury Schweppes.[3]

The success of "Tom and Tom," as the business duo became known, has become a piece of modern business lore. The story of how Scott and First grew their brand is the subject of a popular Harvard Business School case study, which was published in 1998 by Jon Biotti, Joseph Lassiter, William Sahlman.[4]

Scott currently serves as CEO of The Nantucket Project, an annual conference that takes place on Nantucket, Massachusetts.

Education

Scott graduated from Brown University.[5] He is currently enrolled at Yale University where he is a Master’s candidate in Divinity and Political Science.[6]

Career

Nantucket Nectars

Tom Scott and Tom First met at Brown University and moved to Nantucket, MA after graduation. Together they started a business called Allserve that was a floating convenience store serving yachts in Nantucket Harbor.[7] First and Scott began to produce juice beverages, which they pasteurized and bottled themselves. They grew this enterprise into a national brand that competed with companies like Snapple, Coke, Pepsi and Arizona Ice Tea.[8] Scott and First sold Nantucket Nectars to Cadbury Schweppes PLC in 2002 for an undisclosed amount.[9]

Film and television credits

Scott is a film and television creator/producer. His accomplishments in the field include the rare honor of selection to both the Cannes and Sundance Film Festivals in 2010 for his film “Daddy Longlegs.” His television series The Neistat Brothers, aired on HBO. Most recently, Scott produced the documentary film “Apple Pushers” with Ed Norton. Prior to that, he founded Plum TV, which became a national network of eight stations receiving more than 14 Emmy Awards® in total.[10]

The Nantucket Project

Scott's vision for The Nantucket Project (TNP) is to energize the public dialogue by creating a venue in which individuals can engage innovative thinking from a fresh perspective. Speakers have included Rahm Emanuel, Eric Schmidt, Larry Summers, Meredith Whitney, Senator John McCain, David Rubenstein, Steve Case, Mellody Hobson, Peter Thiel, Craig Venter, former Senate Majority Leader Bill Frist, U.S. Secretary of State John Kerry, Former Barclays CEO Bob Diamond, Tony Award winner Julie Taymor and many others.[11]

References

  1. ↑ Kapner, Suzanne (2002-03-25). "Cadbury Is Said to Be Close to Nantucket Nectars Deal &#124". The New York Times. Retrieved 2014-04-24.
  2. ↑ Kapner, Suzanne (1999-12-08). "Life on Nantucket with the Juice Boys &#124". Inc. Retrieved 2014-04-24.
  3. ↑ Kapner, Suzanne (2002-03-25). "Cadbury Is Said to Be Close to Nantucket Nectars Deal &#124". The New York Times. Retrieved 2014-04-24.
  4. ↑ Lassiter, Joseph (1998-2). ""Nantucket Nectars." &#124". Harvard Business School Case 898-171. Retrieved 2014-04-24. Check date values in: |date= (help)
  5. ↑ Spence, Rick (2013-06-24). "There’s no penalty for boldness, so keep asking and you might get a ‘yes’ &#124". Financial Post. Retrieved 2014-04-24.
  6. ↑ Spence, Rick. The Nantucket project https://www.nantucketproject.com/about1. Retrieved 2014-04-24. Missing or empty |title= (help)
  7. ↑ Kapner, Suzanne (1999-12-08). "Life on Nantucket with the Juice Boys &#124". Inc. Retrieved 2014-04-24.
  8. ↑ Spence, Rick (2013-06-24). "There’s no penalty for boldness, so keep asking and you might get a ‘yes’ &#124". Financial Post. Retrieved 2014-04-24.
  9. ↑ Kapner, Suzanne (2002-03-26). "COMPANY NEWS; CADBURY IS BUYING NANTUCKET NECTARS FROM OCEAN SPRAY &#124". The New York Times. Retrieved 2014-04-24.
  10. ↑ Elliot, Stuart. "Plum, the Color, Is Having Its Star Turn &#124". The New York Times. Retrieved 2014-04-24.
  11. ↑ "Presenters 2013". Nantucketproject.com. Retrieved 2014-03-07.