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Thought this was interesting
Peter Haas Sr. , the great-grandnephew of Levi Strauss, ran the family clothing company in San Francisco, Calif.
The company was started by Strauss during the gold rush era, and its denim blue jeans were already good sellers when Haas joined the company in 1945, where he started out making jeans. He quickly moved into management; by 1958 he and his brother, Walter, were running the company and the jeans, simply known as “Levi’s”, became legendary.
If that was all, it might be enough, but Peter wasn’t satisfied with that; he wanted his company to be socially responsible, too.
When he opened factories in the south in the 1950s, he required that black workers be treated equally with the white workers. He pushed for higher education, from child development programs for poor families through raising money for the University of California at Berkeley, where he stressed that the business school should teach ethics and integrity.
Peter Haas was Levi’s biggest stockholder, and was on the company’s Board of Directors until 2004, and still went to work at the company’s headquarters four days a week.
The company continues to be run by the family: its CEO is now Peter’s nephew, Robert Haas. Peter Haas died December 3 in San Francisco. He was 86.
Company directors of big multinationals could learn a lesson from this, instead of putting their hand out for $millions in pay deals, they should be fostering employee ethics and integrity too, but it is now a pipe dream ….
Mr Haas is a hero in my book
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