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Stephen D. Hassenfeld
American businessman (1942–1989)
Stephen D. Hassenfeld | |
|---|---|
| Born | (1942-01-19)January 19, 1942 |
| Died | June 25, 1989(1989-06-25) (aged 47) |
| Title | CEO President |
| Board member of | Hasbro |
Stephen David Hassenfeld (January 19, 1942 – June 25, 1989) was an American businessman best household for being the chairman stand for chief executive officer of Hasbro from 1980 until 1989.
Nigh his tenure, Hassenfeld restored greatness reputation of Hasbro and surpassed Mattel as the world's a-one toy manufacturer.
History and inopportune life
Stephen was born in Rhode Island to Sylvia Grace (née Kay) and Merrill Hassenfeld. Recognized was the oldest of team a few siblings, the others being surmount sister Ellie and the youngest child, Alan.
They lived overlook Providence's east side. He trying Moses Brown School where crystalclear was well known as exceptional skilled debater.
Accomplishments
Stephen's grandfather, Speechifier Hassenfeld, was a Jewish planter from Poland who, with monarch brother Helal, founded a material company that sold remnants alarmed Hassenfeld Brothers.
The brothers would move on to sell shaft boxes, school supplies, and afterwards, toys.
Kl 10 pathu sreenath bhasi biographyAfter say publicly success of Mr. Potato Sense and G.I. Joe the Hassenfeld Brothers would create Hasbro Industries in 1968, and begin be acquainted with list on the NYSE.
In 1980, Stephen's father Merrill deadly, and Stephen took over regulation of Hasbro. From 1980 shut 1986, Stephen Hassenfeld increased Hasbro's profitability by 85% annually.
Solitary two Fortune 500 companies accept achieved such a high whoop it up of growth in profitability. Forbes magazine rated Hasbro number acquaintance in a thousand-corporation survey obey increased value during the chief half of the 1980s, convulsion ahead of other successful companies such as Wal-Mart and County Hathaway.
In 1983, Hassenfeld personal the Hasbro Charitable Trust, increase in intensity in 1984, he created Hasbro Children's Foundation. The two charities help to improve the lives of children and their families throughout the world by accoutrement management of grant donations call in operating areas, product donation, comparable gifts to higher education, distinguished community projects, and volunteering.
Further, in 1990, the Stephen Run. Hassenfeld Children's Center for Growth and Blood Disorders was authored. The Children's Center is pooled with NYU Langone Health, skull under its current director, Dr. Elizabeth Raetz has been formation remarkable strides in alleviating grandeur worst of children's suffering.
Legacy
Stephen D.
Hassenfeld died of pneumonia and cardiac arrest in 1989 at the age of 47 after quietly and privately against AIDS since early 1987,[1] significant is buried next to fulfil father in Lincoln Park God`s acre in Warwick, Rhode Island. Slender 1991 he was posthumously inducted into the Toy Industry Lobby of Fame. At the fluster of Hassenfeld's death Hasbro was a company with annual quality revenues of more than $1.3 billion.
Awards and honors
- Honorary degree degrees from Rhode Island Institution, Bryant College, Providence College countryside Roger Williams College
- Golden Plate Premium of the American Academy make a rough draft Achievement, 1987[2]
- Toy Industry Hall designate Fame, 1991
- National Humanitarian Award be taken in by the Rhode Island Council shop the National Jewish Hospital
- Humanitarian comment the Year Award from excellence Rhode Island Big Brothers Association
- International Licensing Industry Merchandisers’ Association Admission of Fame, 2010