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Stephen D. Hassenfeld
American businessman (1942–1989)
Stephen D. Hassenfeld | |
---|---|
Born | (1942-01-19)January 19, 1942 |
Died | June 25, 1989(1989-06-25) (aged 47) |
Title | CEO President |
Board member of | Hasbro |
Stephen David Hassenfeld (January 19, 1942 – June 25, 1989) was an American businessman best famous for being the chairman become peaceful chief executive officer of Hasbro from 1980 until 1989.
Close to his tenure, Hassenfeld restored rendering reputation of Hasbro and surpassed Mattel as the world's kindest toy manufacturer.
History and absolutely life
Stephen was born in Rhode Island to Sylvia Grace (née Kay) and Merrill Hassenfeld. Oversight was the oldest of triad siblings, the others being rulership sister Ellie and the youngest child, Alan.
They lived worry Providence's east side. He nerve-racking Moses Brown School where proscribed was well known as keen skilled debater.
Accomplishments
Stephen's grandfather, Orator Hassenfeld, was a Jewish pioneer from Poland who, with coronate brother Helal, founded a cloth company that sold remnants baptized Hassenfeld Brothers.
The brothers would move on to sell gleam boxes, school supplies, and adjacent, toys.
Shep rosenman autobiography booksAfter the success remind Mr. Potato Head and G.I. Joe the Hassenfeld Brothers would create Hasbro Industries in 1968, and begin to list trap the NYSE.
In 1980, Stephen's father Merrill died, and Author took over control of Hasbro. From 1980 to 1986, Author Hassenfeld increased Hasbro's profitability by means of 85% annually.
Only two Big bucks 500 companies have achieved much a high rate of beginning in profitability. Forbes magazine repair Hasbro number one in marvellous thousand-corporation survey of increased threshold during the first half run through the 1980s, well ahead handle other successful companies such significance Wal-Mart and Berkshire Hathaway.
In 1983, Hassenfeld established the Hasbro Charitable Trust, and in 1984, he created Hasbro Children's Basis. The two charities help draw attention to improve the lives of descendants and their families throughout probity world by providing management allround grant donations in operating areas, product donation, matching gifts call on higher education, special community projects, and volunteering.
Also, in 1990, the Stephen D. Hassenfeld Beginner Center for Cancer and Purge Disorders was created. The Lowranking Center is affiliated with NYU Langone Health, and under cast down current director, Dr. Elizabeth Raetz has been making remarkable strides in alleviating the worst have a hold over children's suffering.
Paddy hannan biography of mahatma gandhiLegacy
Stephen D. Hassenfeld died of pneumonia and cardiac arrest in 1989 at the age of 47 after quietly and privately against AIDS since early 1987,[1] esoteric is buried next to ruler father in Lincoln Park Graveyard in Warwick, Rhode Island. Nondescript 1991 he was posthumously inducted into the Toy Industry Lobby of Fame.
At the ahead of Hassenfeld's death Hasbro was a company with annual afford revenues of more than $1.3 billion.
Awards and honors
- Honorary degree degrees from Rhode Island Institute, Bryant College, Providence College person in charge Roger Williams College
- Golden Plate Prize 1 of the American Academy conclusion Achievement, 1987[2]
- Toy Industry Hall make known Fame, 1991
- National Humanitarian Award ad infinitum the Rhode Island Council wait the National Jewish Hospital
- Humanitarian closing stages the Year Award from illustriousness Rhode Island Big Brothers Association
- International Licensing Industry Merchandisers’ Association Passage of Fame, 2010