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Greg B. Abbott (born May 2, 1950) is a prominent American businessman, investor, entrepreneur and novelist. He lives in New York City with his wife Marcia and their three children.


Template:Unsourced After graduating from Princeton University in 1972 with a B.A. in history, Abbott joined the family business, Ithaca Industries, Inc., a private label manufacturer of pantyhose, men's and women's underwear and T-shirts.

In 1979, aged 29, he was named chairman and CEO. Over the next seven years the company's customer base grew to over 400 (including Wal-Mart, Sears, Nike, Target, Mervyns, Evan Picone) and Ithaca Industries became the nation's largest private label manufacturer.

After negotiating a leveraged buyout of the company with Merrill Lynch, Abbott departed to become a private investor and writer.


In 1995, Abbott was brought in as an investor in EarthLink ISP. Abbott also played a primary role in securing financing to carry the company's IPO in 1998, when it had previously fallen through.[1]

Sheer Pressure[]

Abbott penned Sheer Pressure [2], a novel. It was published by iUniverse, Inc. on July 26, 2006.

International Dispensing Corporation[]

Template:Unsourced Abbott is chairman and CEO of International Dispensing Corporation (IDC), a company he acquired in 1996. IDC's patented, FDA-certified technology―The Answer―enables consumers to dispense shelf-stable milk and juice for months, in varied environments, without recourse to refrigeration or preservatives.

Board memberships and other affiliations[]


  • International Dispensing Corporation (as CEO, 1996–2013)
  • Abbott Productions – President
  • Ithaca Industries – (as CEO, 1979)
  • Earthlink – Member of the Board
  • Wavetec – Member of the Board


  • Choate Rosemary Hall (1968)
  • Princeton University (1972)


  1. [1][dead link]
  2. Sheer Pressure Missing or empty |title= (help)