roy kaylor net worth
Roy Kaylor is an American entrepreneur and author. He founded the company Haagen Dazs with his partner in Philadelphia, Pennsylvania. Roy Kaylor has a net worth of $100 million as of May 2017.
His father was an engineer for General Electric. As a child, he enjoyed sports such as baseball, football, basketball, golf and tennis. He attended elementary school at Oakdale School from 1945-1951, where he graduated in 1951 before attending high school at Canton McKinley High School from 1952-1956, where he also graduated in 1956.
NET WORTH : $100 MILLION
Profession : Entrepreneur
Date of Birth : June 2nd, 1937
Country : United States of America
Age : 84
The story of Roy Kaylor:
Roy Kaylor is an American entrepreneur born on June 2nd, 1937, in Canton, Ohio. Roy is the founder of Haagen Dazs, and he has a net worth of $100 million as of May 2017. He enjoyed baseball, football, basketball, golf and tennis when he was a child. Roy began working in his father’s steel foundry after school. In 1957, Roy graduated from Kent State University with a degree in industrial engineering and
Roy then worked at General Electric, where he helped to design turbine generators for power plants.
In 1967, Roy sold his house and invested $125,000 of the sale proceeds into shares in Dreyer’s Grand Ice Cream Company, founded by two brothers-in-law Edmond Oliel (1914–1995) and Hans Wewers (1920—2000). Haagen-Dazs is an ice cream company that also owns several other brands, including Ben & Jerry’s Homemade Holdings Inc., Baskin Robbins USA LLC.
An original investor in the company, Roy would become President of Haagen-Dazs in 1974, chairman in 1979, and CEO when publicly traded following a 1984 IPO. He resigned from these positions after Dreyer’s bought out his interest for $150 million in 1988.
In 1991 he founded another ice cream company, Karmelkorn Shoppe Inc., which had roughly 400 million dollars at 2013/2014 year-end. In 1995 he left that position but remained Chairman Emeritus until 2000, when they were sold to Nestle SA for around 500 thousand dollars.
Roy Kaylor Facts:
* He was an original investor in the company. Roy would become President of Haagen-Dazs in 1974, chairman in 1979, and CEO when it was publicly traded following a 1984 IPO. * In 1991, he founded another ice cream company called Karmelkorn Shoppe Inc., which had roughly 400 million dollars at 2013/2014 year-end. In 1995 he left that position but remained Chairman Emeritus until 2000, when they were sold to Nestle SA for around 500 thousand dollars.
* Roy is also known for his philanthropic work, including with the Jewish Foundation For Social Services or JFSS, where he served as a board member and President from 1993 to 2000.
* Roy also served on the board of trustees for Mount Sinai Hospital in New York City, where he was chairman of their investment committee, which oversaw a $100 million capital campaign. * He has been awarded some accolades, including The Ellis Island Medal Of Honor (1981), inducted into the National Snack Food Association Hall Of Fame (2010) and received the Lifetime Achievement Award by the International Dairy Foods Association Foundation (2011).
How did Roy Kaylor get famous?
The reason for his fame is because Roy Kaylor has been awarded many accolades, including: The Ellis Island Medal Of Honor (1981), inducted into the National Snack Food Association Hall Of Fame (2010) and received the Lifetime Achievement Award by the International Dairy Foods Association Foundation (2011).
These honours are evidence that Roy has served in many positions. He was also on numerous boards, including JFSS, where he served as a board member and President from 1993 to 2000. In addition, he worked at Mount Sinai Hospital in New York City, where he was chairman of their investment committee, which oversaw a $100 million capital campaign. He was attended many conferences, most notably as the keynote speaker for Dairy Today’s Conference on Innovation held in Chicago (March 2013)*
In addition to his work with organizations such as the American Cheese Society or Institute Of Food Technologists, Roy also served on various boards, including Chemical Bank, Citigroup, General Electric Company, Mobil Corporation’s Advisory Committee On Environmental Issues. He currently serves as chairman emeritus for both The National Snack Food Association and International Dairy Foods Association Foundation.
What makes him successful?
The author asks what some things that make Roy Kaylor 3 successful are.
-He is a visionary and possesses an understanding of the future of food production.
-He has held leadership positions in academia, research, and industry across North America and China for more than 20 years. He was Founding Director of Dairy Science at McGill University; Chief Operating Officer (COO) with Fonterra Coop Group Limited – The World’s Leading Dairy Company; Vice President R&D with Agrifoods International Ltd.; Dean of Faculty & Professor Emeritus at the University of Guelph.
-He understands that change can be difficult but necessary to stay competitive.*
He has received awards during this time from the organizations mentioned above, to name a few:
– 2010, IFT Award for Outstanding Contributions To Food Science And Technology
– 2009, Dairy Today’s Excellence In Leadership Awards
He has travelled extensively all over the world at every opportunity. He served as keynote speaker on innovation in dairy food products and packaging at events such as national and international conferences; visits with colleges of agriculture around North America; meetings with government officials in China; seminars sponsored by companies like Kraft Foods or PepsiCo. He would offer suggestions about how changes can be made inside an organization at these speaking engagements–whether it is about marketing strategies or product development process.
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