- For others with a similar name, see George Zimmerman (disambiguation)
George Zimmer (born November 21, 1948) is an American entrepreneur. He is widely known as the founder, former Chief Executive (1973 - 2013) and former CEO (1973 - 2011) of Men's Wearhouse, a menswear retailer who has more than 1,200 stores across the US and Canada under the Moores, Men Wearhouse and K & amp; G Superstores. After leaving his executive position with the company, he continued as a company spokesman until he was dismissed on June 19, 2013. Zimmer is currently the Chairman, CEO and Founder of Tux Generation, a tuxedo platform and an online suit, and zTailor, a national network of tailor- demand for men and women.
Video George Zimmer
Early life and education
Zimmer was born to a Jewish family in New York City. Zimmer attended elementary school in Scarsdale, New York, before studying at Washington University in St. Louis. Louis where he was a member of Phi Bab Sigma Alpha Mu, and where he received the B.A. in Economics in 1970. After graduating, he worked as a substitute teacher before joining his father in the apparel manufacturing business. Later in the early 1970s, he worked as a buying and selling agent in Hong Kong and Dallas.
Maps George Zimmer
Careers
Men's Wearhouse
Robert Elkin Zimmer started his own manufacturing company, Royalad Apparel which later expanded into Zimco Industries. In 1973, Robert Elkin Zimmer and his son, George Zimmer, founded The Mens Wearhouse in Houston, Texas. George Zimmer and his roommate opened Men's Men'shouse's first shop in 1973 in Houston. Starting in 1986, Zimmer narrated and appeared on many of his company's television commercials, usually closing with the company's slogan: "You'll love your looks. I guarantee it."
On prose submission May 9, 2013, Zimmer has 1.8 million shares of Men's Wearhouse, shares in the company of about 3.5 percent. The day before June 19 shot Men's Wearhouse shares closed at $ 37.47, indicating Zimmer's ownership value in the company of $ 67.45 million. The Company generated $ 2.48 billion in sales for the fiscal year ending February 2013.
... his colleagues in the boardroom, in his preaching, ambushed and fired him two years after he surrendered his CEO role to his own chosen successor, Doug Ewert.
On June 19, 2013, Men's Wearhouse's board dismissed Zimmer for unspecified reasons and refused to provide any explanation in his press release. The press release stated that the termination of Zimmer should still be discussed with him.
Although the short press release did not mention the reasons for Zimmer's termination, Zimmer himself briefly explained the matter to CNBC. "Over the past 40 years, I've built MW into a multibillion-dollar company with outstanding employees and loyal customers who appreciate the products and services they have received at MW.For the last few months I have expressed my concern to the Board about the current direction of the company rather than fostering the kind of dialogue in the Meeting Room that has partially contributed to our success, the Council has incorrectly chosen to silence my concerns through termination as executive officer. "
On June 25, 2013, the company, responding to public pressure for more information after its short original statement, released a detailed description of its actions. The statement confirms that Zimmer insists on the full control of public companies. "Neither the Board nor the management wanted a complete breakdown of relationships between Mr. Zimmer and the company.In our discussion with Mr. Zimmer, we made a lot of effort to find a solution that would enable him to continue to have significant involvement with Men's Wearhouse.Unfortunately, Mr. Zimmer does not will accept anything other than full control of the company and the Council has no choice but to terminate it as Chief Executive. "
zTelepon
Citing the need to "bring the ancient tradition of sewing into modern times," Zimmer founded zTailors, "personalized tailoring service that gives everyone the chance to see the best with just one tap of their smartphone," launches publicly in June 2015. Zimmer is Chairman and CEO of zTailors.
Generation Tux
Stating the belief that "every aspect of this trait can be drastically improved," Zimmer founded the Tux Generation, "high-tech clothing rental experience, high touch for the next generation," launched publicly in September 2015. Zimmer is Chairman and CEO of Generation Tux.
Personal life
Zimmer's corporate management style (for example, the abduction of a corporate spiritual guru in June 2004, Deepak Chopra, to his council) is strange in some people's view, while others consider his style to be current.
Zimmer's experience of caring for his mother, who died of cancer, guided him to support his research into the use of MDMA therapy, and for his efforts to legalize marijuana (for example, by donating the equivalent of $ 170,500 to support California's Proposition 19 in 2010).
References
External links
- The company's Wearhouse male website
- the zTailor corporate website
- Tux generation company website
Source of the article : Wikipedia
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