Jay Schottenstein

Jay Schottenstein
Born 1954 (age 63–64)
Residence Columbus, Ohio
Nationality United States
Alma mater Indiana University Bloomington (BS '76)
Occupation businessman
Known for CEO of Schottenstein Stores Corp. CEO of American Eagle Outfitters CEO of American Signature
Spouse(s) Jeanne Rabe
Children Joseph Schottenstein
Johnathan Schottenstein
Jeffrey Schottenstein
Parent(s) Geraldine Hoffman Schottenstein
Jerome Schottenstein
Family Jon P. Diamond (brother-in-law)

Jay Schottenstein (born 1954) is an entrepreneur from Columbus, Ohio.

Biography

Schottenstein was born to a Jewish family[1][2] the son of Geraldine (née Hoffman) and Jerome Schottenstein. His father established Schottenstein Stores Corp. and was a prominent supporter of Jewish charities and served as board member of Yeshiva University.

In 1976, Jay began working in his father's business and later married Jeanne Rabe, with whom he has three sons: Joseph, Johnathan and Jeffrey. He also has three grandchildren, Jacob, Jonah, and Emma. Since 1980, he has served as chairman of American Eagle Outfitters, Incorporated. In 1993, he replaced his father as head of Schottenstein Stores Corporation, as well as in his father's charity activities. Since 2005, he has served as chairman of DSW. He is one of the main contributors, along with his family, to the Schottenstein Edition of the Babylonian Talmud.

The Schottenstein family's wealth was once estimated at $2 billion, coming mainly from Retail Ventures, Inc. (RVI) and American Eagle Outfitters, in which it currently holds a 26.5% stake. Schottenstein personally owns about 3% of American Eagle Outfitters, as well as Retail Ventures' stake in the company.[3] In 2015, the Schottenstein family donated $1 million to the presidential candidacy of John Kasich.[4]

References

  1. ↑ "Jewish 100: Jay Schottenstein – Philanthropy". The Algemeiner. Retrieved 8 October 2013.
  2. ↑ Cleveland Jewish News: "The 30-plus most influential Jews in America" December 27, 2001
  3. ↑ https://finance.yahoo.com/q/mh?s=AEO
  4. ↑ "Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 August 2015. Retrieved 14 October 2015.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.