- For the former Australian rules football player, see Tim Boyle
|Born||1949 (age 69–70)|
Portland, Oregon, US
|Residence||Portland, Oregon, US|
|Education||Jesuit High School|
|Alma mater||University of Oregon|
|Net worth||US$2.5 billion (November 2019)|
|Title||President and CEO, Columbia Sportswear|
|Parent(s)||Gert Lamfromm Boyle|
Joseph Cornelius "Neal" Boyle
Boyle was born and grew up in Portland, Oregon. He is one of three children of Joseph Cornelius "Neal" Boyle, an Irish Catholic, and Gertrude Lamfrom. His mother was Jewish and fled as a teenager from Nazi Germany. She immigrated to Portland, Oregon, and converted to Catholicism after marrying her husband. He has two sisters: Kathy Boyle (born 1952) and Sally Boyle (born 1958).
His grandfather purchased the Rosenfeld Hat Company and changed its name to the Columbia Hat Company (after the river). His father became president of Columbia Hat after his grandfather died and then diversified the hat business into outerwear for hunters, fishermen, and skiers. In 1960, his mother designed the first fishing vest (his father was an avid fisherman) and the name of the company was changed to Columbia Sportswear.
Boyle was still at university when his father died in 1970 at the age of 47. He left to join his mother, who had become president of Columbia, which was then earning $800,000 in annual sales. The company struggled and teetered on bankruptcy until in the 1970s when Boyle and his mother refocused the business on outdoor clothing and casual wear which paralleled a general trend away from formal work attire. In 1975, they were the first company to introduce Gore-Tex parkas.
In 1986, Columbia released the Bugaboo, a jacket with a zip out lining which became quite trendy and further propelled the company's growth. Columbia was unique among specialty clothing manufacturers in that it would sell its products to any retail shop or chain. In 1987, Columbia had $18.8 million in sales and by 1997 it had grown to $353.5 million. Boyle took over from his mother, Gert, as company president in 1988.
The company went public in 1998. In the early 2010s, Boyle refocused Columbia away from top line products and more towards the mid-range, moderately priced products; he also continued to align sales with changes happening in the retail industry, shifting the company more toward internet sales.
In 2007, he and his wife Mary donated $5 million to the University of Oregon. In 2016, he donated $10 million to the University's aquatic animal care facility. More recently the couple donated $10 million towards a biomedical data science initiative.
- "Forbes profile: Timothy Boyle". Forbes. Retrieved 5 November 2019.
- Forbes: "Columbia Sportswear Thrives, Lifting CEO Tim Boyle To Billionaire Ranks" by Kathryn Dill November 8, 2013
- "Columbia Sportswear CEO Tim Boyle Buys Gearhart Golf Links". The A Position. Retrieved 5 November 2019.
- Whitford, David; Gert Boyle (September 1, 2003). "Gert Boyle Columbia Sportswear Co". Fortune Small Business. Retrieved 10 November 2013.
- Immigrant Entrepreneurship: "Gertrude Boyle" retrieved November 9, 2013
- "History". About Us. Columbia Sportswear. Archived from the original on 9 November 2013. Retrieved 10 November 2013.
- "Columbia:Officers and Directors". Columbia. Retrieved 4 December 2017.
- Oregon Business: "Tim Boyle charts the future as Columbia Sportswear turns 75" by Linda Baker January 28, 2013
- Harriet Shapiro; Diane S. Lund (September 18, 1989). "Gert Boyle Has a Vested Interest in George Bush's Fishing Fortunes". People. Archived from the original on November 9, 2013. Retrieved November 9, 2013.
- Boyle, Gert (April 1, 2006). "How I Did It: Gert Boyle, chairman, Columbia Sportswear". Inc. magazine. Retrieved November 9, 2013. Italic or bold markup not allowed in:
- "Tim Boyle: CEO Columbia Sportswear". Portland Interview Magazine. October 2, 2012. Retrieved 4 December 2017.
- Business Wire: "Columbia Sportswear Tim Boyle, Wife Donate $5 Million to University of Oregon" April 13, 2007
- Katu: "Columbia Sportswear CEO donates $10 million to University of Oregon" February 28, 2016
- "Couple gives $10 million to support biomedical data science". Around the O. Retrieved 6 November 2019.