There's been a big change on the local business scene: Delaware North CEO Jeremy Jacobs is stepping back; sons Lou Jacobs and Jeremy Jacobs Junior are becoming co-CEOs.
Jeremy Jacobs has run the company since 1968 when his father Lou died. The company traces its lineage back a century to three brothers, Lou, Marvin and Charles, selling popcorn and peanuts in ballparks and movie houses. The company will be celebrating that century when it starts moving into its new corporate headquarters at Delaware and Chippewa in August.
In making the announcement of the changes the two brothers talked with reporters.
Jerry Junior took a public stand on one of the major local sports issues: a new home for the Buffalo Bills.
"By the harborside, where you can have an arena, football stadium, you've got a casino and now a burgeoning tourism market there in terms of the ice rink and all of the Canalside work that has been done," Jacobs said.
I think that would be a very, very powerful and impactful site for a new stadium."
The third brother, Charlie, runs the family operations in Boston, centered on company-owned TD Garden where the Boston Bruins (owned by Jeremy Jacobs) play. That's where Delaware North is involved in two massive development projects centered on sports. One is a suburban complex owned by the New Balance sneaker company housing the Bruins practice rink; the other is a billion dollar development next to TD Garden.
