Jump to content

Chester H. Roth

From Wikipedia, the free encyclopedia
Chester H. Roth
BornApril 13, 1902
DiedJuly 26, 1977 (age 75)
NationalityAmerican
Known forFounder of Chester H. Roth Company (later Kayser-Roth)
Spouse(s)Janet Roth (predeceased)
Yvonne Roth

Chester H. Roth (April 13, 1902 – July 26, 1977)[1] was an American businessman who founded the Chester H. Roth Company and served as president and CEO of its successor Kayser-Roth Corporation.

Biography

[edit]

Roth was raised in a Jewish family in New York City where he attended the New York Textile School.[2] 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.[2] 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.[2] 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.[2] After the purchase, Roth remained on as chairman and CEO of Kayser-Roth and served as a director at Gulf & Western.[2] In 1993, Kayser-Roth was sold to Mexican hosiery manufacturer Grupo Synkro for US$230,000,000.[3]

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.[2][4]

Roth was married to Janet Falk Roth (preceded him in death); they had three children, David J. Roth, Andrea Roth, and Lynn Roth Cott.[2] He married again to Yvonne Russell-Farrow.[2] Roth died at the Hotel Pierre in Manhattan; services were held at Temple Emanu-El in Manhattan.[2]

References

[edit]
  1. ^ Who's Who in Commerce and Industry, Volume 14. The A.N. Marquis Company. 1965. p. 1129.
  2. ^ a b c d e f g h i "Chester Roth, Dies at 75; Founded Hosiery Concern That Became Kayser-Roth". The New York Times. July 27, 1977.
  3. ^ "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.
  4. ^ "Anti-defamation League Names Chester Roth Chairman of 1964 Appeal". The Jewish Telegraphic Agency. January 28, 1964.