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TheStreet Open House

Nothing But Good: Chobani Founder Hamdi Ulukaya Named Ernst & Young National Entrepreneur Of The Year® 2012 Overall Award Winner

Nothing But Good: a champion for positive change

Despite rapid expansion of the Chobani brand, Ulukaya sticks by his company's philosophy: "Nothing But Good." His philanthropic initiatives have supported more than 50 groups globally. In 2010, Ulukaya created the Shepherd's Gift Foundation, an independent 501c(3) in honor of his mother. The foundation contributes 10 percent of all Chobani post-tax profits to those working for positive, long-lasting change.

Ulukaya's also using his vision to expand into new product lines and grow Chobani's domestic and global footprints. He recently launched Chobani Champions, the first Greek yogurt for kids. Ulukaya is also undertaking a major expansion of the current New York plant and is constructing a new 900,000 square-foot plant in Idaho that, when finished, will be the largest yogurt plant in the country. On a global scale, Ulukaya acquired Bead Foods in Australia in 2011 and is planning to move into Canada as well.

Ulukaya's hard work, creativity, passion and leadership have enabled him to be an inspiring global leader. Despite his success, he will always stay true to his promise to make high quality, fairly priced products so that everyone can have access to the best tasting yogurt.

Video and photos

To view video clips of all of the Entrepreneur Of The Year winners, please visit ey.com/us/eoy. Photos of the winners are also available by request.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries.

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