On April 29th of this year, Herbert V. Kohler officially stepped down as CEO of his family-owned company, to which he devoted 55 years of his life. In his stead, Herb’s son, David has assumed the family reins of leadership.
While this reorganization represents a changing of the guard, it is far from a signal that Herb Kohler is scaling back his corporate responsibilities. Rather the 76 year old, who during his CEO tenure increased the worth of his family’s company from $133 million to nearly $6 billion, is remaining chairman of the board, overseeing Kohler’s significant hospitality and real estate division.
So, in effect, he will be continue to be in charge of the Kohler standard of golf and graciousness.
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