Melanie Dulbecco has led Torani, a California-based syrup manufacturer headquartered in San Leandro, for 35 years. Founded in 1925 by Italian immigrants, the company has never laid off a single employee, not during the Great Depression, not in 2008, and not during the Covid-19 pandemic. Torani has built its business model on profit-sharing with its 500 employees, including an employee stock ownership plan and bonuses tied to financial results. With expected revenue exceeding $800 million this year and an average annual growth of 20% over 35 years, the company proves that a people-centered approach is compatible with strong financial performance. Facing artificial intelligence, Dulbecco prioritizes using this technology to increase the value added of positions rather than to reduce headcount.
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