Barry Rosenstein

Barry Rosenstein
Born Barry S. Rosenstein
1959/1960 (age 58–59)[1]
Nationality American
Education Lehigh University
Wharton School of the University of Pennsylvania
Occupation Hedge fund manager
Known for Founder of JANA Partners
Spouse(s) Lizanne Teitelbaum

Barry S. Rosenstein (born 1959/1960) is an American hedge fund manager and activist investor. He is the founder of JANA Partners LLC, a hedge fund firm.

Early life

Barry Rosenstein was born in 1960[2] and is the son of Herbert Rosenstein of West Orange, New Jersey, a senior partner in the tax accounting firm of Rosenstein, Schantz & Jacobson, and his wife, Harriet Wolf. [3] He graduated from Lehigh University in 1981.[4] He earned a master in business administration from the Wharton School of the University of Pennsylvania in 1984.[4][5]

Career

Rosenstein founded JANA Partners, a hedge fund firm, in 2001.[4] In the Forbes 2008 list, he was estimated to have a net worth of $1.3 billion.[6]

JANA Partners had US$5 billion of assets under management in 2016.[7] Through the fund, he has been an activist investor in ConAgra, PetSmart, Walgreens Boots Alliance, Apache, URS, Safeway, Ashland, Marathon Petroleum, McGraw Hill, CNET and Kerr-McGee.[4] In April 2017, he made public that he and several investors owned 8.8% of Whole Foods, making them the second largest shareholders of the company after The Vanguard Group.[8] He added that they aimed to shake up its board of directors and improve its use of technology.[8]

Rosenstein serves on the board of trustees of Brown University, the Rock and Roll Hall of Fame and 92nd Street Y.[4][9]

Personal life

In 1986, he married Lizanne Teitelbaum, the daughter of Dr Seymour Teitelbaum and Lilian Ostrovsky de Teitelbaum of Briarcliff Manor, New York, and Buenos Aires, with Rabbi David Kahane and Cantor Dov Kerin officiating at the Plaza Hotel in New York.[3]

References

  1. ↑ "Executive Profile: Barry S. Rosenstein CPA". Bloomberg. Retrieved 12 May 2017.
  2. ↑ "897 Barry Rosenstein". Forbes. 5 March 2008. Retrieved 20 September 2018.
  3. 1 2 "Miss Teitelbaum Wed To Barry Rosenstein". New York Times. December 21, 1986. Retrieved 12 May 2017.
  4. 1 2 3 4 5 "Barry Rosenstein". Brown University. Retrieved May 11, 2017.
  5. ↑ "Paid Notice: Deaths ROSENSTEIN, HERBERT". New York Times. Aug 15, 1997. Retrieved 12 May 2017.
  6. ↑ "The World's Billionaires: #897 Barry Rosenstein". Forbes. 03.05.08. Retrieved 12 May 2017. Check date values in: |date= (help)
  7. ↑ Levy, Rachael (April 10, 2017). "A multi-billion activist hedge fund has reportedly taken a stake in Whole Foods". Business Insider. Retrieved May 11, 2017.
  8. 1 2 Rivas, Teresa (April 15, 2017). "Whole Foods Could Head Higher With Jana Partners' Help". Barron's. Retrieved May 11, 2017.
  9. ↑ "Board of directors". 92nd Street Y. Retrieved May 11, 2017.


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