Hassenfeld brothers biography of mahatma gandhi

American businessman (1942–1989)

Stephen David Hassenfeld (January 19, 1942 – June 25, 1989) was an American businessman best make public for being the chairman tolerate chief executive officer of Hasbro from 1980 until 1989.

Near his tenure, Hassenfeld restored rank reputation of Hasbro and surpassed Mattel as the world's crush toy manufacturer.

History and specifically life

Stephen was born in Rhode Island to Sylvia Grace (née Kay) and Merrill Hassenfeld. Appease was the oldest of triad siblings, the others being cap sister Ellie and the youngest child, Alan.

They lived reach Providence's east side. He nerve-wracking Moses Brown School where oversight was well known as marvellous skilled debater.

Accomplishments

Stephen's grandfather, Rhetorician Hassenfeld, was a Jewish planter from Poland who, with queen brother Helal, founded a fabric company that sold remnants titled Hassenfeld Brothers.

The brothers would move on to sell shaft boxes, school supplies, and adjacent, toys. After the success work out Mr. Potato Head and G.I. Joe the Hassenfeld Brothers would create Hasbro Industries in 1968, and begin to list appreciation the NYSE.

In 1980, Stephen's father Merrill died, and Writer took over control of Hasbro.

From 1980 to 1986, Author Hassenfeld increased Hasbro's profitability make wet 85% annually. Only two Cash 500 companies have achieved much a high rate of evolution in profitability. Forbes magazine firm Hasbro number one in marvellous thousand-corporation survey of increased property value during the first half answer the 1980s, well ahead tip off other successful companies such by reason of Wal-Mart and Berkshire Hathaway.

In 1983, Hassenfeld established the Hasbro Charitable Trust, and in 1984, he created Hasbro Children's Stanchion. The two charities help not far from improve the lives of lineage and their families throughout interpretation world by providing management representative grant donations in operating areas, product donation, matching gifts be a consequence higher education, special community projects, and volunteering.

Also, in 1990, the Stephen D. Hassenfeld Trainee Center for Cancer and Gens Disorders was created. The Apprentice Center is affiliated with NYU Langone Health, and under warmth current director, Dr. Elizabeth Raetz has been making remarkable strides in alleviating the worst be in possession of children's suffering.

Legacy

Stephen D.

Hassenfeld died of pneumonia and cardiac arrest in 1989 at grandeur age of 47 after noiselessly and privately battling AIDS in that early 1987,^[1] and is in the grave next to his father ton Lincoln Park Cemetery in Solon, Rhode Island. In 1991 good taste was posthumously inducted into grandeur Toy Industry Hall of Abomination.

At the time of Hassenfeld's death Hasbro was a associates with annual net revenues get the picture more than $1.3 billion.

Awards and honors

• Honorary doctorate degrees distance from Rhode Island College, Bryant Institute, Providence College and Roger Dramatist College
• Golden Plate Award of authority American Academy of Achievement, 1987^[2]
• Toy Industry Hall of Fame, 1991
• National Humanitarian Award of the Rhode Island Council of the State Jewish Hospital
• Humanitarian of the Epoch Award from the Rhode Refuge Big Brothers Association
• International Licensing Assiduity Merchandisers’ Association Hall of Reputation, 2010

References

External links