Jeffrey Steiner
Jeffrey Steiner (April 3, 1937, Vienna – November 1, 2008) was the chief executive officer of the Fairchild Corporation, the successor corporation of Fairchild Industries, Inc.[1]
Steiner was born in Vienna, Austria. His family fled to Turkey during World War II, when Hitler's troops invaded Austria. He spoke French, English, Turkish,German, Italian, and Spanish. He became the leading executive of the Fairchild Corporation in 1985. He introduced Michael Milken of Drexel Burnham to many of the European banks which would become buyers of Drexel's junk bonds.[citation needed] In 2006 his compensation from Fairchild was halved, following a shareholder lawsuit alleging overpayment.[2]
Steiner was a leader and contributor among the youth of the Jewish community. The New York Times called him a "globe-trotting takeover artist".[3] The French government honored him for his contributions to the arts, naming him a Chevalier des Arts et des Lettres.[4]
He died in November 2008 of cancer, and was survived by five children (by two different wives) and six grandchildren. They live in Europe (France) and the United States.
References
- ^ "History of Banner Aerospace, Inc". FundingUniverse.
- ^ "Fairchild Halves Its Chief's Compensation". Washington Post. 29 January 2006. Retrieved 5 December 2014.
- ^ "GLOBE-TROTTING TAKEOVER ARTIST: Jeffrey J. Steiner; Transforming Nuts and Bolts Into Big-Time Deals". New York Times. 21 May 1998. Retrieved 5 December 2014.
- ^ Michael S. Rosenwald (9 February 2009). "Steiner's Fairchild Struggles On Without Him". Washington Post.
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