Larry Rosen (executive)

Larry Rosen

Larry Rosen
Born (1956-03-08) March 8, 1956
Toronto, Canada
Residence Toronto, Canada
Alma mater University of Toronto, University of Western Ontario
Occupation Retail Executive
Years active 1985–present
Organization Harry Rosen, Inc.
Title Chairman and CEO
Parent(s) 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, Canada.

Early life

Larry Rosen was born in Toronto, eldest son of Harry Rosen, founder of Harry Rosen Inc., and Evelyn Rosen. As a teenager, Larry Rosen 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 CEO in 1997.[3]

As president of the company, he spearheaded expansion plans for the chain, totalling 16 stores in eight major Canadian markets.[5] Rosen was named CEO in 2000,[1] and has led the family-owned company to considerable success, including increased sales of over $300 million per year.[6] The company celebrated its 60th anniversary in 2014.[7] As part of the celebration, the company announced a major expansion plan totalling $100 million to update and enlarge many of their current stores, ahead of the expansion of American retailers into the Canadian market.[8]

Awards

Harry Rosen Inc. was named one of Canada's Top 50 Best Managed Companies in 2007.[9] 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.[10] Also in 2014, the company was named one of the 10 Most Influential Stores in Menswear by MR Magazine, a trade publication.[8]

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.[11] 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.[12]

References

  1. 1 2 Janet Wilson More Janet Wilson. "Harry Rosen suits up for business in Ottawa - Ottawa Citizen". Ottawa Citizen.
  2. ↑ "Harry Rosen chief getting ready for a retail rumble". The Globe and Mail.
  3. 1 2 "Annual Fund News". uwo.ca.
  4. ↑ http://www.canada.com/story_print.html?id=6171d09b-1763-411a-8ac0-10c4f072dff7&sponsor=
  5. ↑ "Harry Rosen ready for the 'American invasion'". www.vancouversun.com.
  6. ↑ http://tvo.org/video/202261/larry-rosen-harry-rosens-60
  7. ↑ "TVO Talks to Larry Rosen About Harry Rosen's 60th Anniversary". MR Magazine.
  8. 1 2 "Harry Rosen: The Canadian Edge". MR Magazine.
  9. ↑ https://www.canadas50best.com/en/media/mediaroom/pages/feb072007.aspx
  10. ↑ "Harry Rosen CEO Larry Rosen named Distinguished Retailer of the Year by Retail Council of Canada". retailcouncil.org.
  11. ↑ "Harry Rosen". harryrosen.com.
  12. ↑ "Harry Rosen". harryrosen.com.
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