Larry Rosen (executive)

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

Larry Rosen
Born (1956-03-08) March 8, 1956 (age 68)
Alma materUniversity of Toronto, University of Western Ontario
OccupationRetail executive
Years active1985–present
OrganizationHarry Rosen Inc.
TitleChairman and CEO
Board member of
  • Princess Margaret Cancer Foundation (2010–2019)
  • Ivey School of Business Entrepreneurship Advisory Council
  • Ivey Advisory Board (2006–2019)
Parent(s)Harry Rosen, Evelyn Rosen

Early life

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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

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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.[1]

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

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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

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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]

References

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  1. ^ a b Wilson, Janet (August 14, 2014). "Harry Rosen suits up for battle". Ottawa Citizen. Archived from the original on December 26, 2023. Retrieved December 26, 2023.
  2. ^ Strauss, Marina (March 28, 2014). "Harry Rosen chief getting ready for a retail rumble". The Globe and Mail. Archived from the original on January 30, 2023. Retrieved December 26, 2023.
  3. ^ a b "A Canadian Icon Honoured - The Rosen family gives $1 million to support Ivey's new building". Ivey Business School. University of Western Ontario. March 15, 2011. Archived from the original on August 31, 2014. Retrieved December 26, 2023.
  4. ^ "Keys to the family shop". Financial Post. March 12, 2007. Archived from the original on March 4, 2016. Retrieved December 26, 2023 – via Canada.com.
  5. ^ Kurenoff, Gord (August 14, 2011). "Harry Rosen ready for the 'American invasion'". Vancouver Sun. Archived from the original on October 13, 2016. Retrieved December 26, 2023.
  6. ^ Rosen, Larry (February 26, 2014). "Larry Rosen: Harry Rosen's at 60". TVO (Interview). Interviewed by Steve Paikin. Retrieved December 26, 2023.
  7. ^ "Today Harry Rosen Inc Celebrates the 65th Anniversary of its Founding" (Press release). Toronto, Ontario: Cision. February 4, 2019. Archived from the original on December 26, 2023. Retrieved December 26, 2023.
  8. ^ "Canada's 50 Best Managed Companies Announced". Canada's Best Managed Companies (Press release). Toronto, Ontario: Deloitte. February 7, 2007. Archived from the original on September 18, 2014. Retrieved December 26, 2023.
  9. ^ "Harry Rosen CEO Larry Rosen named Distinguished Retailer of the Year by Retail Council of Canada". Retail Council of Canada (Press release). May 5, 2014. Archived from the original on May 6, 2016. Retrieved December 26, 2023.
  10. ^ Sheff, Harry (July 15, 2014). "Harry Rosen: The Canadian Edge". MR Magazine. Archived from the original on September 24, 2014. Retrieved December 26, 2023.
  11. ^ "Governor General Announces 120 New Appointments to the Order of Canada". Office of the Governor General (Press release). Ottawa, Ontario. December 28, 2019. Archived from the original on October 1, 2023. Retrieved December 26, 2023.
  12. ^ "Golf to Conquer Cancer Raises Over $800,000". Harry Rosen Inc. June 18, 2014. Archived from the original on July 27, 2014. Retrieved December 26, 2023.
  13. ^ "Harry's Spring Run-Off". Harry Rosen Inc. Archived from the original on August 26, 2014. Retrieved December 26, 2023.