Louis F. Bantle

Male, Deceased Person

1928 – 2010

73

Who was Louis F. Bantle?

Louis Francis Bantle was an American business executive who led UST Inc. and its U.S. Smokeless Tobacco Company subsidiary, overseeing a dramatic rise in the popularity of its Copenhagen and Skoal brands of dipping tobacco, as well as introducing versions of its tobacco products such as Skoal Bandits that became popular with young adult males in the United States taking 80% of the country's market for chewing tobacco.

Bantle was born on November 22, 1928, in Bridgeport, Connecticut to Louis A. Bantle, who served as U.S. Tobacco's chairman and chief executive until his retirement in 1972. A member of Delta Kappa Epsilon Phi Gamma chapter, he attended Syracuse University, graduating from its Martin J. Whitman School of Management in 1951 before serving as a captain in the United States Marine Corps during the Korean War.

In 1962, Bantle joined his father at U.S. Tobacco, where he was hired as advertising manager. As chairman of U.S. Tobacco starting in 1973, Bantle oversaw the expansion of the market for its products from a niche product largely sold in the upper Midwestern states, introducing products such as Skoal Bandits that appealed more broadly to a younger market, telling fellow executives at a marketing meeting in 1968 that "we must sell the use of tobacco in the mouth and appeal to young people". The requirement to add cancer warnings to its products and the oral cancer death of a teenager leading to an unsuccessful lawsuit against the company in 1986 slowed growth of the company's products. In June 1985, in a move "which came as a surprise to some analysts", Bantle selected former Miami Dolphins linebacker Nick Buoniconti to replace him as president and chief operating officer of the company, with Bantle retaining his role as chairman. By 1991, the Centers for Disease Control reported that 9% of American males between the ages of 18 and 24 had been regular users of smokeless tobacco, triple the rate of use in 1970 for that market. During his 20 years as chairman before his retirement as chairman and CEO in 1993, U.S. Tobacco's sales rose tenfold to $1 billion and the company was included in the Fortune 500 starting in 1985. In subsequent years, the company changed its name to the initials UST and was purchased in 2008 by Altria, the owner of the Philip Morris Companies brands of cigarettes.

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Born
Nov 22, 1928
Bridgeport
Also known as
  • Louis Bantle
Education
  • Syracuse University
Died
Oct 10, 2010

Submitted
on July 23, 2013

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