Martin E. Franklin
| Martin E. Franklin | |
|---|---|
| Born | 31 October 1964 London, England |
| Residence |
Harrison, New York, US Aspen, Colorado, US |
| Alma mater | University of Pennsylvania |
| Occupation | Business executive |
| Known for | Co-founder & Executive Chairman of Jarden |
| Net worth | GBP£357 million (2015) |
| Board member of | Restaurant Brands International |
| Spouse(s) | Julie Hinds Franklin |
| Children | 3 sons, 1 daughter |
| Parent(s) | Sir Roland Franklin Lady Nina Franklin |
| Relatives | Ellis Arthur Franklin (grandfather) |
Martin E. Franklin (born 31 October 1964) is a British-born, New York City-based business executive. He is the co-founder of Jarden. He served as its chairman and Chief Executive from 2001 to 2011. Since 2011, he has served as its Executive chairman.
Martin E. Franklin was born on 31 October 1964 in London, England. His father, Sir Roland Franklin, was a merchant banker who undertook hostile takeovers with Sir James Goldsmith. Franklin emigrated to the United States with his family at the age of fifteen, settling in Harrison, New York.
Franklin graduated from the University of Pennsylvania, where he received a bachelor of arts degree in political science.
Franklin worked for N M Rothschild & Sons in Manhattan. At the age of twenty-four, Franklin was appointed as the chief executive officer (CEO) of the Dickinson Robinson Group, where his father asked him to sell their products off one by one.
Franklin acquired Benson Eyecare with Ian Ashken from the pension fund of General Electric for US$2.3 million in the 1990s. They took it public on the , and Franklin served as its CEO. He was the youngest CEO of a corporation listed on the NYSE. They sold the company to Essilor for US$300 million in 1996.
Franklin attempted to acquire the Alltristra Corporation with Ian Ashken in 2000. When their bid failed, they became activist boards members. By 2001, Franklin became its CEO while Ashken became its chief financial officer. Meanwhile, the two men renamed it the Jarden Corporation. Franklin served as its chairman and chief executive from 2001 to 2011. Since 2011, he has served as its executive chairman.
As executive chairman of Jarden, Franklin earned US$44 million in 2013. The following year, in 2014, he earned US$118 million, US$110.8 million of which was in shares, with a salary of US$2.2 million. He earned US$231 million in total from 2010 through 2014.
With Bill Ackman and Nicolas Berggruen, Franklin co-founded Justice Holdings, a shell company on the which invested in Burger King. Franklin owned 2% in 2012. As of 2015, Franklin serves on the board of directors of Restaurant Brands International, which owns Burger King and Tim Hortons.
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