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Billionaire Swartz Reads Torah Every Morning, Talks Business Ethics
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by News Editor
Former Timberland CEO Jeff Swartz. Photo: wiki commons.
Haaretz – Jeffrey Swartz’s appearance is misleading. The former president and CEO of the footwear company Timberland is an affable Jew with a yarmulke, and as far as you can get from the rugged look of the shoes he sold until recently, a brand beloved by rappers and world travelers. Swartz dresses modestly and walks around without an entourage in tow – not what one may have expected from the CEO of a big company who made a $2 billion exit when he sold it less than a year ago.
Even when he ran a company with annual revenues of $1.6 billion, he didn’t seem especially interested in talking profit margins, share yield and market value. Swartz, 51, began preaching corporate social responsibility back when it was considered a loony idea reserved for activists.
