Richard Hayne

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Richard A. Hayne
Born 1947 (1947) (age 67)[1]
Nationality American
Alma mater Lehigh University
Spouse(s) Judy Wicks (1969-1971)
Margaret Hayne (m. ?)

Richard Hayne is the president and CEO of Urban Outfitters, an American chain of clothing retailers; Hayne has been the chairman and president since 1976 and the CEO since the retirement of Glen Senk in January 2012.[2] At a net worth of $1.8 billion, Hayne is the #262 richest person in the U.S. according to the 2008 Forbes 400 list, a ranking of the 400 richest Americans by net worth.[3] He is included in the Top 40 richest people in Pennsylvania. He is a 1969 graduate of Lehigh University with a degree in anthropology.[4]

He co-founded Urban Outfitters, Inc. in 1970 with former wife, Judy Wicks.[5] The couple divorced a year later, in 1971.[5] The first store was located on the campus of the University of Pennsylvania. Today, the company operates over 200 stores under three brands: Urban Outfitters, Free People, and Anthropologie and Terrain (newly launched gardening store).[6]

Hayne's current wife, Margaret Hayne joined Urban Outfitters in August 1982.[7] He and his wife have been criticized for donating about $13,000 to then-Senator Rick Santorum until 2006, when Santorum lost his seat to Bob Casey, Jr..[8] They also came under fire after Urban Outfitters hastily retracted a shirt advocating support for same-sex marriage in the wake of the passage of California's Prop 8 in 2008.[6][9][10] The company later partnered with the National Center for Lesbian Rights to release a different shirt expressing support for marriage equality in 2009.[11] Hayne has avoided stating his own views on homosexuality.[12]

References[edit]

  1. ^ "Richard A. Hayne". Forbes. 2010. Retrieved 3 June 2012. 
  2. ^ Li, Shan (2012-01-11). "Urban Outfitters CEO Glen Senk replaced by co-founder Richard Hayne". LA Times. Retrieved 2012-03-28. 
  3. ^ "The 400 Richest Americans: #262 Richard Hayne 400". Forbes. September 17, 2008. 
  4. ^ Brown, Heidi (2004-11-01). "Urban Cowboy". Forbes. Retrieved 2012-03-28. 
  5. ^ a b McCuan, Jess. "Judy Wicks, White Dog Enterprises". Inc. Retrieved 3 June 2012. 
  6. ^ a b Valania, Jonathan (2003-06-11). "Clothes Make the Man". Philadelphia Weekly. Retrieved 2012-03-28. 
  7. ^ "Margaret Hayne". Forbes. 2010. Retrieved 3 June 2012. 
  8. ^ "Facebook post claims Urban Outfitters CEO backs Santorum". PolitiFact Florida. April 4, 2012. Retrieved 18 April 2012. 
  9. ^ Von Gilnow, Kiki (2011-05-27). "Miley Cyrus Tweets Rant Against Urban Outfitters". PopEater. Retrieved 2012-03-28. 
  10. ^ "Richard Hayne". Snopes.com. Retrieved 2012-03-28. 
  11. ^ Kendell, Kate (February 2009). "Urban Outfitters Supports Marriage Equality". On the Docket. National Center for Lesbian Rights. Retrieved 18 April 2012. 
  12. ^ Valania, Jonathan (Jun 11, 2003). "Clothes Make the Man: Like Jack and his magic beanstalk, Urban Outfitters President Richard Hayne turned a few hippie beans into a hip $700 million retail empire.". Philadelphia Weekly. Retrieved 18 April 2012.