Stephen Rubin

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Robert Stephen Rubin (* December 1937 ) is a British entrepreneur and Board Chairman and majority shareholder of the holding company Pentland Group in the shoe - and Be clothing sector operates.

Life

He is the son of Berko Rubin (* 1913 as Berko Wrobel) from Poland and his wife Minnie, who founded a pure shoe company in 1932 under the name Liverpool Shoe Company .

After attending Canford School in Dorset , he graduated from University College London (UCL) in 1958 .

In 1964, the father's company, based in Edinburgh, went public on the London Stock Exchange . In the early 1960s, a branch was established in Hong Kong to promote production in the Asian region. In 1969 Stephen Rubin took over the management after the death of his father. Rubin expanded the portfolio and, among other things, acquired the ship broker Pentland Maritime Shipbrokers Ltd. in 1971 .

In 1973 Stephen Rubin named the company his father founded Pentland Industries Ltd. around. In 1974 Rubin acquired a 51% stake in beer and wine maker Unican for just £ 51 , which in 1978 was sold to Robertson Foods for £ 1 million . In 1979, the foray into the sports sector began with the licensing of the sports brand Pony . For 1979 sales of £ 25 million with a net profit of £ 1 million were reported. Since the 1980s, Pentland has acquired numerous other shoe and fashion manufacturers. In 1981 the then up-and-coming but financially weak sports shoe company Reebok USA became a subsidiary of the group with 55% of the shares. Pentland now sold the brands Kickers (British shoe brand) and Ellesse (Italian sports brand) on the British market.

Through his contacts to manufacturers in the Asian region and with innovative design ideas, Stephen Rubin, who was CEO of Reebok USA from 1981 to 1984 , developed the small US shoe brand Reebok, which was then based in Stoughton, Massachusetts, into one in just a few years major sports brand. In the same year Rubin and the American entrepreneur Paul Fireman acquired the Reebok brand and thus also the international trademark rights from JW Foster and Sons , based in Bolton, for US $ 700,000 and expanded the range to include tennis shoes. In 1985, Rubin and Fireman listed Reebok on the New York Stock Exchange , generating more than $ 12 million in revenue for Pentland. In 1986, the Reebok brand made over $ 900 million worldwide and the range was expanded. In 1991, after the end of a 10-year contract, the Pentland Group successively sold its Reebok shares to Reebok and its shareholders, the investment banks First Boston Corporation and Montgomery Securities, and ultimately achieved more than $ 700 million. In 1993 Berghaus Ltd. was taken over. whose director Rubin also became.

In 1997 the company named Andrew Keith Rubin, son of R. Stephen Rubin, as CEO . Under Andrew Rubin, Pentland was privatized in 1999 and went off the stock exchange .

Stephen Rubin, his wife Angela, his son Andrew, his two daughters Carolyn Kubetz and Alison Mosheim and a son-in-law sit on the Board of Directors of Pentland Brands plc . Since 1999, the Rubin family's majority stake in Pentland has been controlled by the investment firm Robert Stephen Holdings plc . 2009 in the Netherlands , the Pentland Holding BV established.

From 1995 to 1998 and from 1999 to 2001 he was President of the World Federation of the Sporting Goods Industry (WFSGI) based in Ostermundigen , (Switzerland) and also a member of the Jewish organization Jewish Contribution to an Inclusive Europe (CEJI) based in Brussels (Belgium).

In 2002 he received the Order of the British Empire (OBE) and in 2008 he received the Lifetime Achievement Award from the International Jewish Sports Hall of Fame (IJSHOF) based in Netanya (Israel).

On July 21, 2010, Nottingham Trent University (NTU) honored him with the honorary title "Honorary Degree of Doctor of Art" in recognition of his services to shoes and sportswear and ethical standards in manufacturing.

Individual evidence

  1. ↑ Best to keep it in the family ( Memento of the original from August 3, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , ft.com, April 21, 2008 @1@ 2Template: Webachiv / IABot / www.ft.com
  2. ↑ Unican finds a new Home , Glasgow Herald via news.google.com, December 6, 1978
  3. ↑ Best to keep it in the family ( Memento of the original from August 3, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , ft.com, April 21, 2008 @1@ 2Template: Webachiv / IABot / www.ft.com
  4. ^ Pentland to Sell Its Reebok Stake , nytimes.com, December 11, 1991
  5. ↑ Concern as sportswear boss gives son top job , independent.co.uk, September 4, 1997
  6. ↑ http://www.jewishsports.net/LifetimeBioPages/RStephen_Rubin.html
  7. ↑ http://www.ntualumni.org.uk/your_alumni_association/notable_alumni/honorary_graduates/robert_rubin
personal data
SURNAME Rubin, Stephen
ALTERNATIVE NAMES Rubin, Stephen Robert
BRIEF DESCRIPTION British entrepreneur
DATE OF BIRTH December 1937