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Reitmans Canada Chief Executive Officer Jeremy Reitman Dies

Reitmans Canada Chief Executive Officer Jeremy Reitman Dies

(Bloomberg) -- Reitmans Canada Ltd. Chief Executive Officer Jeremy Reitman has died, the company said in a statement.

  • Reitman passed away in Florida on Saturday, according to an online obituary
    • “The death of Jeremy Reitman, way too young at 72, is a great lost for Canada and Canadian retailing,” Norman Levine, managing director of Toronto-based Portfolio Management Corp., said on Twitter Sunday
  • The Canadian retailer was founded in 1926 by Jeremy Reitman’s grandparents
  • It currently has 587 stores across the country including the Reitmans, Penningtons, Addition Elle, RW & Co. and Thyme Maternity chains
  • Reitman had been chairman and CEO since 2010

To contact the reporter on this story: Kristine Owram in New York at kowram@bloomberg.net

To contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Divya Balji

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