Larry Rosen (executive) explained

Larry Rosen
Birth Date:March 8, 1956
Birth Place:Toronto, Ontario, Canada
Alma Mater:University of Toronto, University of Western Ontario
Occupation:Retail executive
Years Active:1985–present
Organization:Harry Rosen Inc.
Chairman and CEO
Parents:Harry Rosen, Evelyn Rosen

Larry Rosen (born March 8, 1956) is the chairman and CEO of Harry Rosen Inc., a privately owned, luxury menswear chain based in Toronto, Ontario, Canada.

Early life

Rosen was born in Toronto, eldest son of Harry Rosen, founder of Harry Rosen Inc., and Evelyn Rosen. As a teenager, he worked in his father's stores as a sales associate.[1] He completed a BA in economics from the University of Toronto,[2] and continued his studies at the University of Western Ontario, earning a joint MBA and LLB in 1982.[3] Rosen briefly practised corporate law before joining the family company in 1985.[4]

Career

Larry Rosen joined Harry Rosen Inc. as a buyer in 1985. He occupied several management roles in operations and buying before his appointment as president and COO in 1997.[3] Rosen was named CEO in 2000.

He spearheaded expansion plans for the chain, totaling 18 stores in eight major Canadian markets [5] and has led the family-owned company to considerable success, including increased sales of over $300 million per year.[6] The company celebrated its 65th anniversary in 2019. [7]

Awards

Harry Rosen Inc. was named one of Canada's Top 50 Best Managed Companies in 2007 [8] and has maintained Platinum status since.

Larry Rosen was awarded 2014's Distinguished Retailer of the Year by the Retail Council of Canada, a committee of peers in the Canadian retail industry.[9] Also in 2014, the company was named one of the 10 Most Influential Stores in Menswear by MR Magazine, a trade publication.[10]

In December 2019, Larry Rosen was appointed as a Member of the Order of Canada for his accomplishments in business and philanthropy.[11]

Philanthropic Work

In 2014, Harry Rosen, Inc. sponsored the first Golf to Conquer Cancer event in support of the Princess Margaret Cancer Centre. The single-day event raised over $800,000.[12] As a board member for the Princess Margaret Cancer Foundation, Rosen also started the annual Harry's Spring Run Off event in 2005 as a fundraiser for cancer research. The event runs each year and has raised over $3 million to date.[13]

Notes and References

  1. News: Harry Rosen suits up for battle . August 14, 2014 . Wilson . Janet . . live . https://web.archive.org/web/20231226201043/https://ottawacitizen.com/life/fashion-beauty/harry-rosen-suits-up-for-battle . December 26, 2023 . December 26, 2023.
  2. News: Harry Rosen chief getting ready for a retail rumble . March 28, 2014 . Strauss . Marina . . subscription . live . January 30, 2023 . https://web.archive.org/web/20230130224944/http://www.theglobeandmail.com/report-on-business/careers/careers-leadership/larry-rosen-getting-ready-for-a-retail-rumble/article17725209/ . December 26, 2023.
  3. Web site: A Canadian Icon Honoured - The Rosen family gives $1 million to support Ivey’s new building . March 15, 2011 . . . https://web.archive.org/web/20140831012559/http://www.ivey.uwo.ca/alumni/news/donor-stories/iveys-new-home/a-canadian-icon-honoured-larry-rosen.htm . August 31, 2014 . December 26, 2023.
  4. Web site: Keys to the family shop . March 12, 2007 . . . . https://web.archive.org/web/20160304214913/http://www.canada.com/story_print.html?id=6171d09b-1763-411a-8ac0-10c4f072dff7&sponsor= . March 4, 2016 . December 26, 2023.
  5. News: Harry Rosen ready for the 'American invasion' . August 14, 2011 . Kurenoff . Gord . . https://web.archive.org/web/20161013004545/https://vancouversun.com/life/fashion-beauty/Harry+Rosen+ready+American+invasion/10109395/story.html . October 13, 2016 . December 26, 2023.
  6. Larry Rosen: Harry Rosen's at 60 . February 26, 2014 . Rosen . Larry . . . December 26, 2023.
  7. Today Harry Rosen Inc Celebrates the 65th Anniversary of its Founding . . February 4, 2019 . Toronto, Ontario . . live . https://web.archive.org/web/20231226013811/https://www.newswire.ca/news-releases/today-harry-rosen-inc-celebrates-the-65th-anniversary-of-its-founding-801702394.html . December 26, 2023 . December 26, 2023.
  8. Canada's 50 Best Managed Companies Announced . February 7, 2007 . Canada's Best Managed Companies . . Toronto, Ontario . https://archive.today/20140918180413/https://www.canadas50best.com/en/media/mediaroom/pages/feb072007.aspx#selection-786.0-786.1 . September 18, 2014 . December 26, 2023.
  9. Harry Rosen CEO Larry Rosen named Distinguished Retailer of the Year by Retail Council of Canada . May 5, 2014 . . https://web.archive.org/web/20160506022441/http://www.retailcouncil.org/media/newsreleases/harry-rosen-ceo-larry-rosen-named-distinguished-retailer-of-the-year-by-retail . May 6, 2016 . December 26, 2023.
  10. Web site: Harry Rosen: The Canadian Edge . July 15, 2014 . Sheff . Harry . MR Magazine . https://web.archive.org/web/20140924042431/http://www.mrketplace.com/67334/harry-rosen-canadian-edge/ . September 24, 2014 . December 26, 2023.
  11. Governor General Announces 120 New Appointments to the Order of Canada . December 28, 2019 . . Ottawa, Ontario . Office of the Governor General . live . https://web.archive.org/web/20231001193010/https://www.gg.ca/en/media/news/2019/governor-general-announces-120-new-appointments-order-canada . October 1, 2023 . December 26, 2023.
  12. Web site: Golf to Conquer Cancer Raises Over $800,000 . June 18, 2014 . . . https://web.archive.org/web/20140727190803/http://www.harryrosen.com/harrypick-jun14 . July 27, 2014 . December 26, 2023.
  13. Web site: Harry’s Spring Run-Off . . https://web.archive.org/web/20140826003647/http://www.harryrosen.com/harrypick-apr14 . August 26, 2014 . December 26, 2023.

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