Jump to content

Arthur C. Martinez: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
m Added titile as Chairman and CEO of Sears.
add son
 
(40 intermediate revisions by 16 users not shown)
Line 1: Line 1:
{{Use mdy dates|date=January 2020}}
{{Infobox person
{{Infobox person
| name = Arthur C. Martinez
| name = Arthur C. Martinez
| image = ArthurCMartinezBIOPhoto.jpg
| image = ArthurCMartinezBIOPhoto.jpg
| caption =
| caption = Martinez, c. 2010s
| birth_name =
| birth_place = [[New York City, New York]], U.S.
| birth_place =
| birth_name = Arthur Caulfield Martinez
| death_date =
| birth_date = {{Birth date and age|1939|09|25}}
| education = [[New York University Tandon School of Engineering|Polytechnic University]] (BS) <br> [[Harvard Business School]] (MBA)
| death_place =
| occupation = Businessman, executive
| education = [[Harvard Business School]] ([[Master of Business Administration|M.B.A.]])
| alma_mater =
| spouse = {{marriage|Elizabeth Dorothy Rusch|1966}}
| occupation = Business executive
| children = 2
| title = [[Chairman]] and [[CEO]] of [[Sears]]
| relatives = [[Richard Dupont]] (son-in-law)
| awards = [[Financial World|CEO of the Year]] (1996)<br>[[Harvard Business School|Alumni Achievement Award]] (1999)
| term = 1995 - 2000
| known_for = {{blist|list_style=margin-left:0;|Leading [[Sears|Sears, Roebuck & Co]]}}
}}
}}
'''Arthur C. Martinez''' (born September 25, 1939) is an American businessman and executive who formerly served as [[Chief executive officer|chief executive officer (CEO)]] of [[Sears]]. He is best known as the person who led a turnaround of Sears, Roebuck, and Company in the 1990s.


== Early life and education ==
⚫
'''Arthur C. Martinez''' is a businessman, former CEO of [[Sears]], who is best known as the person who tried to turn around Sears, Roebuck, and Company (Co.). Prior to joining Sears, Martinez worked for several companies, including [[RCA Records]]. He entered the retail business in 1980 when he became the chief financial officer for [[Saks Fifth Avenue]]. In 1992 Martinez became the head of the Sears Merchandise Group and three years later he became the chief executive officer of Sears, Roebuck, and Company. During his eight-year tenure at Sears, Martinez initiated a major overhaul of the company's operations and made the company profitable again. He is best known for changing the company's marketing strategy to focus on women as well as men. Martinez retired in 2000, although he continues to serve on the boards of directors for several businesses. He graduated from [[New York University Tandon School of Engineering]] with an undergraduate degree and also received an MBA from [[Harvard University]].<ref>http://biography.jrank.org/pages/3936/Martinez-Arthur-C-1939-Businessman-Revamped-Sears.html Biography.jrank.org</ref><ref>https://www.bloomberg.com/research/stocks/private/person.asp?personId=187516&privcapId=353867 Bloomberg.com</ref><ref>http://www.encyclopedia.com/doc/1G2-3434000050.html Encyclopedia.com</ref><ref>http://biography.jrank.org/pages/3939/Martinez-Arthur-C-1939-Businessman.html Biography.jrank.org</ref><ref>http://biography.jrank.org/pages/3936/Martinez-Arthur-C-1939-Businessman-Revamped-Sears.html Biography.jrank.org</ref><ref>http://www.foxbusiness.com/business-leaders/2014/01/28/abercrombie-appoints-industry-veteran-to-chairman/ Foxbusiness.com</ref><ref>http://people.equilar.com/bio/arthur-martinez-abercrombie--/salary/594565 Peopl.equilar.com</ref><ref>[https://articles.latimes.com/keyword/arthur-c-martinez Articles.latimes.com]</ref><ref>https://www.sec.gov/Archives/edgar/data/1018840/000101884014000007/q42013exhibit991.htm Sec.gov</ref><ref>http://nacdny.org/bio/bio_martinez.html {{Webarchive|url=https://web.archive.org/web/20150721121859/http://nacdny.org/bio/bio_martinez.html |date=2015-07-21 }} Nacdny.com</ref><ref>http://www.streetinsider.com/Corporate+News/Abercrombie+%26+Fitch+%28ANF%29+Announces+Compensation+Award+for+Chairman+Arthur+Martinez/10481481.html Streetinside.com</ref><ref>https://www.nytimes.com/1996/01/07/business/yes-he-s-revived-sears-but-can-he-reinvent-it.html Nytimes.com</ref><ref>https://www.nytimes.com/2014/12/10/business/michael-jeffries-chief-of-abercrombie-fitch-retires.html?_r=0 Nytimes.com</ref><ref>http://www.prnewswire.com/news-releases/martha-stewart-living-omnimedia-inc-elects-arthur-c-martinez-to-board-of-directors-76082902.html Prnewswire.com</ref><ref>http://www.marketwatch.com/investing/stock/anf/insiders?pid=25982 Marketwatch.com</ref><ref>http://littlesis.org/person/1969/Arthur_C_Martinez Littlesis.org</ref><ref>http://finance.thetimes-tribune.com/pep/executive/arthur-c-martinez/arthur-c-martinez.htm Finance.thetimes-tribune.com</ref><ref>http://data.huffingtonpost.com/paypals/arthur-c-martinez Data.huffingtonpost.com</ref><ref>http://articles.chicagotribune.com/1993-12-25/business/9312250083_1_sears-merchandise-group-chairman-arthur-c-martinez-family-footwear Articles.chicagotribune.com</ref>
Martinez was born September 25, 1939 in [[New York City]], the only child of Joseph Martinez ([[né]] José Martínez; 1900-1987) and Agnes Martinez ([[Birth name|née]] Caulfield). His father was born in [[Mexico]] with [[Spain|Spanish]] ancestry and worked as a fish wholesaler.<ref>United States Census, 1940, 1950</ref> His mother was an Irish immigrant who worked part-time as department store clerk.

He was raised in Brooklyn where he attended Catholic schools. He graduated from [[Polytechnic University (New York)|Polytechnic University]] in 1960 and later completed a [[Master of Business Administration|MBA]] at [[Harvard Business School]].

== Career ==
Prior to joining Sears, Martinez worked for several companies, including [[RCA Records]]. He entered the retail business in 1980 when he became the chief financial officer for [[Saks Fifth Avenue]]. In 1992 Martinez became the head of the Sears Merchandise Group and three years later he became the chief executive officer of Sears, Roebuck, and Company. During his eight-year tenure at Sears, Martinez initiated a major overhaul of the company's operations and made the company profitable again. He is best known for changing the company's marketing strategy to focus on women as well as men.

⚫
Martinez retired in 2000, although he continues to serve on the boards of directors for several businesses. He graduated from [[New York University Tandon School of Engineering]] with an undergraduate degree and also received an MBA from [[Harvard University]].<ref>{{Cite web |title=Arthur C Martinez, Greenwich Health Care Services Inc: Profile and Biography |url=https://www.bloomberg.com/profile/person/1396141 |access-date=2023-05-26 |website=Bloomberg.com |language=en}}</ref><ref>{{Cite web |title=Martinez, Arthur C.: 1939—: Businessman {{!}} Encyclopedia.com |url=https://www.encyclopedia.com/education/news-wires-white-papers-and-books/martinez-arthur-c-1939-businessman |access-date=2022-07-21 |website=www.encyclopedia.com}}</ref><ref>http://www.foxbusiness.com/business-leaders/2014/01/28/abercrombie-appoints-industry-veteran-to-chairman/ Foxbusiness.com</ref><ref>http://people.equilar.com/bio/arthur-martinez-abercrombie--/salary/594565 {{Webarchive|url=https://web.archive.org/web/20150721141616/http://people.equilar.com/bio/arthur-martinez-abercrombie--/salary/594565 |date=July 21, 2015 }} Peopl.equilar.com</ref><ref>{{Cite web |title=News from California, the nation and world |url=https://www.latimes.com/ |access-date=2022-07-21 |website=Los Angeles Times |language=en-US}}</ref><ref>{{Cite web |title=Q4 2013 Exhibit 99.1 |url=https://www.sec.gov/Archives/edgar/data/1018840/000101884014000007/q42013exhibit991.htm |access-date=2022-07-21 |website=www.sec.gov}}</ref><ref>http://nacdny.org/bio/bio_martinez.html {{Webarchive|url=https://web.archive.org/web/20150721121859/http://nacdny.org/bio/bio_martinez.html |date=2015-07-21 }} Nacdny.com</ref><ref>{{Cite web |title=Abercrombie & Fitch (ANF) Announces Compensation Award for Chairman Arthur Martinez |url=https://www.streetinsider.com/Corporate+News/Abercrombie+%26+Fitch+%28ANF%29+Announces+Compensation+Award+for+Chairman+Arthur+Martinez/10481481.html |access-date=2022-07-21 |website=StreetInsider.com |language=en}}</ref><ref>{{Cite news |last=Dobrzynski |first=Judith H. |date=1996-01-07 |title=Yes, He's Revived Sears. But Can He Reinvent It? |language=en-US |work=The New York Times |url=https://www.nytimes.com/1996/01/07/business/yes-he-s-revived-sears-but-can-he-reinvent-it.html |access-date=2022-07-21 |issn=0362-4331}}</ref><ref>{{Cite news |last=Abrams |first=Rachel |date=2014-12-09 |title=Michael Jeffries Retires After Career Overseeing Abercrombie's Rise and Fall |language=en-US |work=The New York Times |url=https://www.nytimes.com/2014/12/10/business/michael-jeffries-chief-of-abercrombie-fitch-retires.html |access-date=2022-07-21 |issn=0362-4331}}</ref><ref>http://www.prnewswire.com/news-releases/martha-stewart-living-omnimedia-inc-elects-arthur-c-martinez-to-board-of-directors-76082902.html Prnewswire.com</ref><ref>{{Cite web |title=ANF {{!}} Abercrombie & Fitch Co. Profile |url=https://www.marketwatch.com/investing/stock/anf/company-profile?pid=25982 |access-date=2022-07-21 |website=MarketWatch |language=en}}</ref><ref>{{Cite web |title=LittleSis: Arthur C Martinez |url=https://littlesis.org/entities/1969-Arthur_C_Martinez |access-date=2022-07-21 |website=littlesis.org}}</ref><ref>http://finance.thetimes-tribune.com/pep/executive/arthur-c-martinez/arthur-c-martinez.htm Finance.thetimes-tribune.com</ref><ref>{{Cite web |title=Arthur C. Martinez - Pay Pals |url=http://data.huffingtonpost.com/paypals/arthur-c-martinez |access-date=2022-07-21 |website=The Huffington Post |language=en}}</ref><ref>http://articles.chicagotribune.com/1993-12-25/business/9312250083_1_sears-merchandise-group-chairman-arthur-c-martinez-family-footwear Articles.chicagotribune.com</ref> In 1995, Arthur Martinez was honored with an [[Edison Awards|Edison Achievement Award]] for his commitment to innovation throughout his career.

== Personal life ==
On July 30, 1966, Martinez married Elizabeth Dorothy Rusch, a daughter of Forrest B. Rusch of [[Cleveland|Cleveland, Ohio]], at St. Vincent Ferrer Roman Catholic Church in Cleveland.<ref>{{Cite news |date=1966-07-31 |title=Miss Rusch Is Wed To Arthur Martinez |url=https://www.nytimes.com/1966/07/31/archives/miss-rusch-is-wed-to-arthur-martinez.html |access-date=2024-04-24 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> They had one daughter and a son:

* Lauren Martinez (born 1970), who married [[Richard Dupont|Richard S. DuPont, Jr.]] (born 1968), a son of Richard DuPont, Sr., a private investor of the [[Du Pont family|DuPont family]], and Emily T. Frick, trustee of the [[Frick Collection]] and [[Old Westbury Gardens]]. Her husband is a direct descendant of [[Éleuthère Irénée du Pont]], founder of the [[DuPont|Du Pont company]].<ref>{{Cite news |date=1997-07-27 |title=Lauren Martinez, Richard duPont Jr. |url=https://www.nytimes.com/1997/07/27/style/lauren-martinez-richard-dupont-jr.html |access-date=2024-04-24 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>
* Gregory Arthur Martinez (born 1974), who married Caroline Leventhal, a daughter of Mr. and Mrs. Stuart A. Leventhal, of New York City, who formerly owned the Franzus Company, and was president of Clermont Capital Partners.<ref>{{Cite news |date=2001-08-05 |title=WEDDINGS; Caroline Leventhal, Gregory Martinez |url=https://www.nytimes.com/2001/08/05/style/weddings-caroline-leventhal-gregory-martinez.html |access-date=2024-05-20 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>
Martinez and his wife are residents of [[Greenwich, Connecticut]], where he also served on a variety of nonprofit boards.<ref>{{Cite web |last=greenwichfreepress |date=2022-05-06 |title=Arthur and Elizabeth Martinez Family and Dr. James Brunetti to Be Honored at Benefit for Greenwich Hospital |url=https://greenwichfreepress.com/around-town/giving/arthur-and-elizabeth-martinez-family-and-dr-james-brunetti-to-be-honored-at-benefit-for-greenwich-hospital-179939/ |access-date=2024-04-27 |website=Greenwich Free Press |language=en-US}}</ref><ref>{{Cite web |date=2008-03-30 |title=Arthur Martinez' house in Greenwich, CT (Google Maps) |url=https://virtualglobetrotting.com/map/arthur-martinez-house/view/google/ |access-date=2024-04-27 |website=Virtual Globetrotting |language=en}}</ref>


==References==
==References==
{{reflist}}
{{Reflist}}

{{Authority control}}


{{DEFAULTSORT:Martinez, Arthur C.}}
{{DEFAULTSORT:Martinez, Arthur C.}}
[[Category:Polytechnic Institute of New York University alumni]]
[[Category:Polytechnic Institute of New York University alumni]]
[[Category:Harvard University alumni]]
[[Category:Harvard Business School alumni]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:Year of birth missing (living people)]]
[[Category:1939 births]]
[[Category:American retail chief executives]]
[[Category:Sears Holdings people]]
[[Category:Businesspeople from New York City]]

Latest revision as of 02:00, 20 May 2024

Arthur C. Martinez
Martinez, c. 2010s
Born
Arthur Caulfield Martinez

(1939-09-25) September 25, 1939 (age 84)
New York City, New York, U.S.
EducationPolytechnic University (BS)
Harvard Business School (MBA)
Occupation(s)Businessman, executive
Known for
Spouse
Elizabeth Dorothy Rusch
​
​
(m. 1966)​
Children2
RelativesRichard Dupont (son-in-law)
AwardsCEO of the Year (1996)
Alumni Achievement Award (1999)

Arthur C. Martinez (born September 25, 1939) is an American businessman and executive who formerly served as chief executive officer (CEO) of Sears. He is best known as the person who led a turnaround of Sears, Roebuck, and Company in the 1990s.

Early life and education

[edit]

Martinez was born September 25, 1939 in New York City, the only child of Joseph Martinez (né José Martínez; 1900-1987) and Agnes Martinez (née Caulfield). His father was born in Mexico with Spanish ancestry and worked as a fish wholesaler.[1] His mother was an Irish immigrant who worked part-time as department store clerk.

He was raised in Brooklyn where he attended Catholic schools. He graduated from Polytechnic University in 1960 and later completed a MBA at Harvard Business School.

Career

[edit]

Prior to joining Sears, Martinez worked for several companies, including RCA Records. He entered the retail business in 1980 when he became the chief financial officer for Saks Fifth Avenue. In 1992 Martinez became the head of the Sears Merchandise Group and three years later he became the chief executive officer of Sears, Roebuck, and Company. During his eight-year tenure at Sears, Martinez initiated a major overhaul of the company's operations and made the company profitable again. He is best known for changing the company's marketing strategy to focus on women as well as men.

Martinez retired in 2000, although he continues to serve on the boards of directors for several businesses. He graduated from New York University Tandon School of Engineering with an undergraduate degree and also received an MBA from Harvard University.[2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17] In 1995, Arthur Martinez was honored with an Edison Achievement Award for his commitment to innovation throughout his career.

Personal life

[edit]

On July 30, 1966, Martinez married Elizabeth Dorothy Rusch, a daughter of Forrest B. Rusch of Cleveland, Ohio, at St. Vincent Ferrer Roman Catholic Church in Cleveland.[18] They had one daughter and a son:

Martinez and his wife are residents of Greenwich, Connecticut, where he also served on a variety of nonprofit boards.[21][22]

References

[edit]
  1. ^ United States Census, 1940, 1950
  2. ^ "Arthur C Martinez, Greenwich Health Care Services Inc: Profile and Biography". Bloomberg.com. Retrieved May 26, 2023.
  3. ^ "Martinez, Arthur C.: 1939—: Businessman | Encyclopedia.com". www.encyclopedia.com. Retrieved July 21, 2022.
  4. ^ http://www.foxbusiness.com/business-leaders/2014/01/28/abercrombie-appoints-industry-veteran-to-chairman/ Foxbusiness.com
  5. ^ http://people.equilar.com/bio/arthur-martinez-abercrombie--/salary/594565 Archived July 21, 2015, at the Wayback Machine Peopl.equilar.com
  6. ^ "News from California, the nation and world". Los Angeles Times. Retrieved July 21, 2022.
  7. ^ "Q4 2013 Exhibit 99.1". www.sec.gov. Retrieved July 21, 2022.
  8. ^ http://nacdny.org/bio/bio_martinez.html Archived 2015-07-21 at the Wayback Machine Nacdny.com
  9. ^ "Abercrombie & Fitch (ANF) Announces Compensation Award for Chairman Arthur Martinez". StreetInsider.com. Retrieved July 21, 2022.
  10. ^ Dobrzynski, Judith H. (January 7, 1996). "Yes, He's Revived Sears. But Can He Reinvent It?". The New York Times. ISSN 0362-4331. Retrieved July 21, 2022.
  11. ^ Abrams, Rachel (December 9, 2014). "Michael Jeffries Retires After Career Overseeing Abercrombie's Rise and Fall". The New York Times. ISSN 0362-4331. Retrieved July 21, 2022.
  12. ^ http://www.prnewswire.com/news-releases/martha-stewart-living-omnimedia-inc-elects-arthur-c-martinez-to-board-of-directors-76082902.html Prnewswire.com
  13. ^ "ANF | Abercrombie & Fitch Co. Profile". MarketWatch. Retrieved July 21, 2022.
  14. ^ "LittleSis: Arthur C Martinez". littlesis.org. Retrieved July 21, 2022.
  15. ^ http://finance.thetimes-tribune.com/pep/executive/arthur-c-martinez/arthur-c-martinez.htm Finance.thetimes-tribune.com
  16. ^ "Arthur C. Martinez - Pay Pals". The Huffington Post. Retrieved July 21, 2022.
  17. ^ http://articles.chicagotribune.com/1993-12-25/business/9312250083_1_sears-merchandise-group-chairman-arthur-c-martinez-family-footwear Articles.chicagotribune.com
  18. ^ "Miss Rusch Is Wed To Arthur Martinez". The New York Times. July 31, 1966. ISSN 0362-4331. Retrieved April 24, 2024.
  19. ^ "Lauren Martinez, Richard duPont Jr". The New York Times. July 27, 1997. ISSN 0362-4331. Retrieved April 24, 2024.
  20. ^ "WEDDINGS; Caroline Leventhal, Gregory Martinez". The New York Times. August 5, 2001. ISSN 0362-4331. Retrieved May 20, 2024.
  21. ^ greenwichfreepress (May 6, 2022). "Arthur and Elizabeth Martinez Family and Dr. James Brunetti to Be Honored at Benefit for Greenwich Hospital". Greenwich Free Press. Retrieved April 27, 2024.
  22. ^ "Arthur Martinez' house in Greenwich, CT (Google Maps)". Virtual Globetrotting. March 30, 2008. Retrieved April 27, 2024.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Arthur_C._Martinez&oldid=1224720742"