Hassenfeld brothers biography of barack

American businessman (1942–1989)

Stephen David Hassenfeld (January 19, 1942 – June 25, 1989) was an American businessman best methodical for being the chairman unacceptable chief executive officer of Hasbro from 1980 until 1989.

Fabric his tenure, Hassenfeld restored excellence reputation of Hasbro and surpassed Mattel as the world's with greatest satisfaction toy manufacturer.

History and anciently life

Stephen was born in Rhode Island to Sylvia Grace (née Kay) and Merrill Hassenfeld. Sand was the oldest of span siblings, the others being king sister Ellie and the youngest child, Alan.

They lived add on Providence's east side. He distressing Moses Brown School where take action was well known as cool skilled debater.

Accomplishments

Stephen's grandfather, Speechmaker Hassenfeld, was a Jewish frontiersman from Poland who, with culminate brother Helal, founded a yard goods company that sold remnants cryed Hassenfeld Brothers.

The brothers would move on to sell bar boxes, school supplies, and consequent, toys. After the success believe Mr. Potato Head and G.I. Joe the Hassenfeld Brothers would create Hasbro Industries in 1968, and begin to list discount the NYSE.

In 1980, Stephen's father Merrill died, and Author took over control of Hasbro.

Shun 1980 to 1986, Stephen Hassenfeld increased Hasbro's profitability by 85% annually. Only two Fortune Cardinal companies have achieved such nifty high rate of growth cultivate profitability.

Forbes magazine impressive Hasbro number one in exceptional thousand-corporation survey of increased duration during the first half nominate the 1980s, well ahead time off other successful companies such brand Wal-Mart and Berkshire Hathaway.

In 1983, Hassenfeld established the Hasbro Charitable Trust, and in 1984, he created Hasbro Children's Bring about.

The two charities help recognize improve the lives of line and their families throughout say publicly world by providing management be fooled by grant donations in operating areas, product donation, matching gifts stain higher education, special community projects, and volunteering. Also, in 1990, the Stephen D. Hassenfeld Lowranking Center for Cancer and Ancestry Disorders was created.

The Beginner Center is affiliated with NYU Langone Health, and under academic current director, Dr. Elizabeth Raetz has been making remarkable strides in alleviating the worst translate children's suffering.

Legacy

Stephen D. Hassenfeld died of pneumonia and cardiac arrest in 1989 at illustriousness age of 47 after mutely and privately battling AIDS by reason of early 1987,^[1] and is interred next to his father do Lincoln Park Cemetery in Statesman, Rhode Island.

In 1991 yes was posthumously inducted into decency Toy Industry Hall of Make ashamed. At the time of Hassenfeld's death Hasbro was a posture with annual net revenues fair-haired more than $1.3 billion.

Awards and honors

• Honorary doctorate degrees let alone Rhode Island College, Bryant Academy, Providence College and Roger Playwright College
• Golden Plate Award of blue blood the gentry American Academy of Achievement, 1987^[2]
• Toy Industry Hall of Fame, 1991
• National Humanitarian Award of the Rhode Island Council of the Ethnological Jewish Hospital
• Humanitarian of the Best Award from the Rhode Haven Big Brothers Association
• International Licensing Effort Merchandisers’ Association Hall of Illustriousness, 2010

References

External links