Info

The hedgehog was engaged in a fight with

Read More
Trending

Who is Jay Schottenstein and what did he do?

Who is Jay Schottenstein and what did he do?

Jay Schottenstein (born 1954) is an entrepreneur from Columbus, Ohio . Schottenstein was born to a Jewish family the son of Geraldine (née Hurwitz) and Jerome Schottenstein. His father established Schottenstein Stores Corp. and was a prominent supporter of Jewish charities and served as board member of Yeshiva University in New York.

Who are the children of Jerome Schottenstein?

Jerome Schottenstein married Geraldine Hurwitz, with whom he had four children: Jay, Ann Schottenstein Deshe (married to Ari Deshe), Susan Schottenstein Diamond (married to Jon Diamond) and Lori Schottenstein. His sons-in-law, Ari Deshe and Jon Diamond, are the founders of Safe Auto Insurance Company.

Who is the Executive Chairman of Schottenstein Stores?

He is the Executive Chairman of Designer Brands. Schottenstein was born and raised in Columbus, Ohio to a Jewish family, the son of Geraldine (née Hurwitz) and Jerome Schottenstein. His father, uncles, and grandfather established Schottenstein Stores Corporation.

When did Jay Schottenstein become CEO of American Eagle?

In 1976, Schottenstein began working in his father’s business, joining Value City Furniture. Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. In 1993, after his father’s death, he replaced his father as head of Schottenstein Stores Corporation.

Jay Schottenstein (born 1954) is an entrepreneur from Columbus, Ohio . Schottenstein was born to a Jewish family the son of Geraldine (née Hurwitz) and Jerome Schottenstein. His father established Schottenstein Stores Corp. and was a prominent supporter of Jewish charities and served as board member of Yeshiva University in New York.

Who is the lawyer for the Schottenstein family?

In a statement, John Zeiger, Jay Schottenstein’s lawyer, says, “Mr. Schottenstein is personally distressed by the probate court suit. Pursuant to terms directly established by his father, the late Jerome Schottenstein, Jay has managed family trusts carefully and assiduously, and has produced lavish returns for all beneficiaries.”

Why is the Schottenstein family feud going on?

The decision made by his father and uncle “sowed the seeds of continuing acrimony and unhappiness by Susan, Ann and their husbands,” says Jay Schottenstein in a court filing. Jay Schottenstein has filed counterclaims for compensation for all the years he managed the family trusts, which he contends have risen substantially in value.

Why are Susan and Ann Schottenstein suing their brother?

This despite the fact that sisters Susan Schottenstein Diamond and Ann Schottenstein Deshe have sued their brother, Jay, for breach of trust relating to 12 family trusts for which he has acted as trustee. The Schottenstein squabble was sparked in 2007 by the death of Saul Schottenstein, the uncle of Diamond, Deshe and Jay Schottenstein.