Chester H. Roth | |
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Born | April 13, 1902 |
Died | July 26, 1977 (age 75) |
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) [1] was an American businessman who founded the Chester H. Roth Company and served as president and CEO of its successor Kayser-Roth Corporation.
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]