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
Toronto, Ontario, Canada
Alma materUniversity of Toronto, University of Western Ontario
OccupationRetail Executive
Years active1985–present
OrganizationHarry Rosen Inc.
TitleChairman and CEO
Board member ofPrincess 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

Larry Rosen was born in Toronto, eldest son of Harry Rosen, founder of Harry Rosen Inc., and Evelyn Rosen. As a teenager, Larry Rosen 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

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

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

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

  1. Janet Wilson More Janet Wilson. "Harry Rosen suits up for business in Ottawa - Ottawa Citizen". Ottawa Citizen.
  2. Strauss, Marina (28 March 2014). "Harry Rosen chief getting ready for a retail rumble". The Globe and Mail.
  3. "Annual Fund News". uwo.ca.
  4. "Keys to the family shop". Archived from the original on 2016-03-04. Retrieved 2014-09-18.
  5. "Harry Rosen ready for the 'American invasion'". www.vancouversun.com.
  6. "Larry Rosen: Harry Rosen's at 60 | TVO". Archived from the original on 2014-09-24. Retrieved 2014-09-18.
  7. Inc, Harry Rosen. "Today Harry Rosen Inc Celebrates the 65th Anniversary of its Founding". www.newswire.ca. Retrieved 2020-01-10. {{cite web}}: |last= has generic name (help)
  8. "Canada's 50 Best Managed Companies Announced". Archived from the original on 2014-09-18. Retrieved 2014-09-18.
  9. "Harry Rosen CEO Larry Rosen named Distinguished Retailer of the Year by Retail Council of Canada". retailcouncil.org.
  10. "Harry Rosen: The Canadian Edge". MR Magazine.
  11. General, Office of the Secretary to the Governor (2019-12-20). "Governor General Announces 120 New Appointments to the Order of Canada". The Governor General of Canada. Retrieved 2020-01-03.
  12. "Harry Rosen". harryrosen.com.
  13. "Harry Rosen". harryrosen.com.
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