SUPERIOR GROUP OF COMPANIES ANNOUNCES THE PASSING OF GERALD (JERRY) BENSTOCK, CHAIRMAN EMERITUS OF THE BOARD OF DIRECTORS
05 Julio 2023 - 7:51AM
Superior Group of Companies, Inc. (NASDAQ: SGC) today announced
that Gerald (Jerry) Benstock, Chairman Emeritus of the Board of
Directors, passed away on June 30, 2023 at the age of
93.
Mr. Benstock joined SGC in 1951 as an industrial
engineer after graduating from night school at New York University.
At a very young age, he took over the reins of the business from
his father, who had suffered from severe health issues. Mr.
Benstock ultimately served for decades as our CEO and Chairman,
retiring as CEO in 2003 and as Chairman in 2012, whereupon he
became Chairman Emeritus. Over the years, Mr. Benstock’s unwavering
dedication, guidance, and transformative leadership drove much of
our growth and success. We would not have achieved more than $536
million in revenue in 2022 if it were not for the foundation he
laid years earlier.
Apart from his service as an SGC employee and
director, Mr. Benstock was a devoted philanthropist, spearheading
many charitable endeavors in his local community and elsewhere
around the world, notably in Central America, Israel and the
Caribbean.
Michael Benstock, SGC’s Chief Executive Officer
and Chairman of the Board, and son of Mr. Benstock, commented “My
father lived a wonderful life, one filled with professional and
personal successes. For decades he molded future leaders of SGC and
embraced those less fortunate than he, never forgetting the lessons
he learned in childhood before SGC reached the heights it later
earned. We will remember Jerry for his enduring spirit, indomitable
legacy, and unwavering belief in the power of our
organization.”
“I knew Jerry for many years. He was a man of
integrity, who did not believe in wasting time. He was a leader
whose vision transformed a small company into the industry leader
it has become. I enjoyed debating strategies with him and watching
the results of our engagements bear fruit at SGC. Even after his
retirement he never stopped offering advice, which always was
welcomed and insightful. He will be missed”, said Lead Director,
Paul Mellini.
About Superior Group of Companies, Inc.
(SGC):
Superior Group of Companies™, established in
1920, is a combination of companies that help our customers unlock
the power of their brands by creating extraordinary brand
engagement experiences for their employees and customers. SGC’s
commitment to service, technology, quality and value-added
benefits, as well as our financial strength and resources, provides
unparalleled support for our customers’ diverse needs while
embracing a “Customer 1st, Every Time!” philosophy and culture in
all of our business segments.
Visit www.superiorgroupofcompanies.com for more
information.
Contact:
Investor Relations
investors@superiorgroupofcompanies.com
Superior Group of Compan... (NASDAQ:SGC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Superior Group of Compan... (NASDAQ:SGC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024