Jim Davis (business)
| Jim Davis | |
|---|---|
| Born |
James S. Davis 1943 (age 73–74) |
| Nationality | American |
| Education | Worcester Academy |
| Alma mater | Middlebury College |
| Occupation | Businessman |
| Known for | Owner & chairman of New Balance Co-founder of Major League Lacrosse |
| Net worth | US$5.2 billion (March 2016) |
| Children | two |
James S. Davis (born 1943) is an American billionaire businessman, the chairman of New Balance and a co-founder of Major League Lacrosse.
James S. Davis was born in 1943, the son of Greek immigrants. He attended the Worcester Academy, and he received a bachelor's degree in biology and chemistry from Middlebury College in 1966. While in college, he played college football.
He started his career as a sales engineer at the LFE Corporation in Waltham, Massachusetts, and as marketing manager for the Applied Geodata Systems Division of Techven Associates of Cambridge, Massachusetts. In 1972, he bought New Balance, then only a 6-employee firm in Boston, and turned it into a 4,000-employee global corporation with revenues averaging around $2.5 billion every year. He has been a Board member of the Sporting Goods Manufacturers Association, the International Athletic Footwear & Apparel Manufacturers Association, and the Two/Ten Foundation. He is a member of the Athletic Footwear Council and is on the Executive Committee of the Rubber and Plastic Footwear Manufacturers Association. He also sits on the Board of Directors of the Citizen’s Bank in Providence, Rhode Island.
He has donated $500,000 to Mitt Romney's Super PAC, Restore Our Future. He has donated $5 million to the University of Maine. He is the recipient of an Honorary Doctorate from his alma mater, Middlebury College. A library on its campus has also been named for him. He formerly sat on its Board of Trustees, on the Worcester Academy's, and on Newbury College's. He sits on the Board of Trustees of the Sports Museum of New England and formerly Boston Children's Museum.
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