Jay L.  Schottenstein net worth and biography

Jay Schottenstein Biography and Net Worth

Chairman of Designer Brands
Mr. Schottenstein is the Executive Chairman of the Board of Directors at Designer Brands, a position he’s held since March 2005. He previously served as our Chief Executive Officer from March 2005 - April 2009.

In 1969, members of the Schottenstein family, Saul, Alvin, Jerome and Leon, along with partners George and Steve Nacht, founded The Shonac Corporation in Columbus, Ohio. By 1976, Shonac had grown from six Ohio shoe stores to 20. In 1991, the company launched a new concept called Designer Shoe Warehouse and the first DSW was built in Dublin, Ohio. In 1996, Debbie Ferree joined DSW as head merchant, and worked closely with Mr. Schottenstein to transform the company from a closeout retailer to an inline retailer of designer and name brand shoes. Today, Ferree is Vice Chairman of Designer Brands.

A key leader and visionary, Mr. Schottenstein is responsible for guiding Designer Brands through more than 15 years of rapid transformation, growing us into one of North America’s largest designers, producers, and retailers of footwear and accessories. Our impact on the retail industry would not be possible without Mr. Schottenstein’s expertise in merchandising, development, sourcing, production, and real estate. His immense business acumen has allowed us to expand our flagship retail brand, DSW, across more than 500 stores in the U.S. and Canada.

Mr. Schottenstein’s vast knowledge of retail and real estate is deeply rooted in family history. His grandfather, Ephraim Schottenstein, opened the family’s first department store in Columbus, Ohio, in 1917. From that humble beginning, Schottenstein Stores Corporation was born. The Schottenstein family owns and operates Schottenstein Stores Corp., a holding company with stakes in major retail chains across the United States. Designer Brands is part of the Schottenstein family of companies, along with American Eagle Outfitters, American Signature Furniture, Value City Furniture, and many others.

In addition to his role as Executive Chairman of Designer Brands, Mr. Schottenstein is the Executive Chairman and Chief Executive Officer of American Eagle Outfitters, Chairman of American Signature Inc., Chairman and Chief Executive Officer of SB360 Capital Partners, and Chairman of Schottenstein Stores Corp. He has served in various executive capacities at Retail Ventures, Inc. and Schottenstein RVI LLC. He has been a member of the board of directors at Albertsons Companies since 2006.

Like his late father before him, Mr. Schottenstein’s generosity of spirit is his biggest strength, as evidenced by his regular contributions to charitable organizations in his hometown of Columbus, Ohio. He and his wife, Jeanie, donate millions of dollars each year to fund local educational and cultural initiatives. They are proud supporters of Ohio State University, the Columbus Museum of Art, the United Way of Central Ohio, the American Red Cross of Central Ohio, and more. The Schottensteins also give to many national and international organizations dedicated to preserving Jewish history and heritage, including the Mesorah Heritage Foundation, Yeshiva University, and the National Campus for the Archaeology of Israel.

Mr. Schottenstein attended Indiana University Bloomington, where he graduated in 1976. In 2007, he was honored by the Kelley School of Business for his remarkable display of leadership throughout his career. He and his wife live in Columbus, Ohio. They have three children.

What is Jay L. Schottenstein's net worth?

The estimated net worth of Jay L. Schottenstein is at least $6.86 million as of March 25th, 2021. Mr. Schottenstein owns 628,153 shares of Designer Brands stock worth more than $6,859,431 as of March 28th. This net worth estimate does not reflect any other assets that Mr. Schottenstein may own. Additionally, Mr. Schottenstein receives an annual salary of $2,150,000.00 as Chairman at Designer Brands. Learn More about Jay L. Schottenstein's net worth.

How old is Jay L. Schottenstein?

Mr. Schottenstein is currently 70 years old. There are 5 older executives and no younger executives at Designer Brands. Learn More on Jay L. Schottenstein's age.

What is Jay L. Schottenstein's salary?

As the Chairman of Designer Brands Inc., Mr. Schottenstein earns $2,150,000.00 per year. There are 3 executives that earn more than Mr. Schottenstein. The highest earning executive at Designer Brands is Mr. Douglas M. Howe, CEO & Director, who commands a salary of $2,680,000.00 per year. Learn More on Jay L. Schottenstein's salary.

How do I contact Jay L. Schottenstein?

The corporate mailing address for Mr. Schottenstein and other Designer Brands executives is 810 DSW DRIVE, COLUMBUS OH, 43219. Designer Brands can also be reached via phone at (614) 237-7100 and via email at [email protected]. Learn More on Jay L. Schottenstein's contact information.

Has Jay L. Schottenstein been buying or selling shares of Designer Brands?

Jay L. Schottenstein has not been actively trading shares of Designer Brands in the last ninety days. Most recently, on Thursday, September 30th, Jay L. Schottenstein bought 173,170 shares of Designer Brands stock. The stock was acquired at an average cost of $14.00 per share, with a total value of $2,424,380.00. Learn More on Jay L. Schottenstein's trading history.

Who are Designer Brands' active insiders?

Designer Brands' insider roster includes Deborah Ferree (Insider), William Jordan (President), Jay Schottenstein (Chairman), and Mary Turner (EVP). Learn More on Designer Brands' active insiders.

Are insiders buying or selling shares of Designer Brands?

In the last year, insiders at the sold shares 15 times. They sold a total of 543,492 shares worth more than $6,545,560.46. The most recent insider tranaction occured on March, 27th when SVP Mark Haley sold 16,125 shares worth more than $174,795.00. Insiders at Designer Brands own 41.7% of the company. Learn More about insider trades at Designer Brands.

Information on this page was last updated on 3/27/2024.

Jay L. Schottenstein Insider Trading History at Designer Brands

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/30/2021Buy173,170$14.00$2,424,380.00View SEC Filing Icon  
9/20/2021Buy88,933$13.00$1,156,129.00View SEC Filing Icon  
9/17/2021Buy800,000$12.83$10,264,000.00View SEC Filing Icon  
9/15/2021Buy178,594$12.62$2,253,856.28View SEC Filing Icon  
3/25/2021Buy191,832$13.73$2,633,853.36628,153View SEC Filing Icon  
3/18/2020Buy281,891$5.87$1,654,700.17
12/2/2015Buy500,000$22.87$11,435,000.0071,905View SEC Filing Icon  
8/26/2015Buy500,000$28.32$14,160,000.0071,905View SEC Filing Icon  
10/3/2013Sell66,791$85.17$5,688,589.47View SEC Filing Icon  
9/30/2013Sell51,492$85.26$4,390,207.92View SEC Filing Icon  
9/9/2013Sell16,666$85.37$1,422,776.42View SEC Filing Icon  
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Jay L. Schottenstein Buying and Selling Activity at Designer Brands

This chart shows Jay L Schottenstein's buying and selling at Designer Brands by year and by quarter.

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Designer Brands Company Overview

Designer Brands logo
Designer Brands Inc., together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in the United States and Canada. The company operates through three segments: U.S. Retail, Canada Retail, and Brand Portfolio. It provides dress, casual, and athletic footwear and accessories; and handbags. The company offers its products under the Vince Camuto, Jessica Simpson, Lucky, JLO Jennifer Lopez, and other brands. It also operates vincecamuto.com and topoathletic.com e-commerce sites, as well as dsw.com, dsw.ca, and theshoecompany.ca websites; and a portfolio of banners, including DSW Designer Shoe Warehouse, The Shoe Company, and DSW. The company was founded in 1991 and is based in Columbus, Ohio.
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Today's Range

Now: $10.92
Low: $10.67
High: $10.94

50 Day Range

MA: $9.80
Low: $8.23
High: $11.53

2 Week Range

Now: $10.92
Low: $6.14
High: $13.44

Volume

1,344,007 shs

Average Volume

1,351,274 shs

Market Capitalization

$620.91 million

P/E Ratio

28.74

Dividend Yield

1.92%

Beta

2.05