Chester H. Roth | |
---|---|
Born | April 13, 1902 New York City |
Died | July 26, 1977 (age 75) Manhattan, New York City |
Nationality | American |
Known for | Founder of Chester H. Roth Company (later Kayser-Roth) |
Spouse(s) | Janet Roth (predeceased) Yvonne Roth |
Chester H. Roth (April 13, 1902 – July 26, 1977) was an American businessman who founded the Chester H. Roth Company and served as president and CEO of its successor Kayser-Roth Corporation.
Biography
Roth was raised in a Jewish family in New York City where he attended the New York Textile School. As a youth, he worked at the General Merchandise Exchange, a clothing distributor, where In 1925, he started The Chester H. Roth Company, a hosiery manufacturer. In 1958, he merged his company with the Julius Kayser Company which began as a manufacturer of silk gloves and later expanded into lingerie, swimwear and hosiery. The new entity, the Kayser-Roth Corporation had sales of $56 million and by the time that Roth sold the company to Gulf & Western in 1975, sales had grown to $505 million. After the purchase, Roth remained on as chairman and CEO of Kayser-Roth and served as a director at Gulf & Western. In 1993, Kayser-Roth was sold to Mexican hosiery manufacturer Grupo Synkro for US$230,000,000.
He served on the Board of Overseers of the Albert Einstein College of Medicine, as chairman of the executive committee of the New York Anti-Defamation League Appeal, as a director of the North Carolina Textile Foundation, and as an honorary member of the New York Academy of Science.
Roth was married to Janet Falk Roth (preceded him in death); they had three children, David J. Roth, Andrea Roth, and Lynn Roth Cott. He married again to Yvonne Russell-Farrow. Roth died at the Hotel Pierre in Manhattan; services were held at Temple Emanu-El in Manhattan.
References
- Who's Who in Commerce and Industry, Volume 14. The A.N. Marquis Company. 1965. p. 1129.
- ^ "Chester Roth, Dies at 75; Founded Hosiery Concern That Became Kayser-Roth". The New York Times. July 27, 1977.
- "GRUPO SYNKRO AND MEXICAN INVESTMENT GROUP AGREE TO ACQUIRE KAYSER-ROTH CORPORATION". PR Newswire Association LLC. Archived from the original on 2012-10-21. Retrieved 2010-09-04.
- "Anti-defamation League Names Chester Roth Chairman of 1964 Appeal". The Jewish Telegraphic Agency. January 28, 1964.