Maxine_Clark

Maxine Clark

Maxine Clark (née Kasselman, born March 6, 1949, in Coral Gables, Florida)[1] is the founder and former CEO of Build-A-Bear Workshop, an American retailer that sells customizable teddy bears and other stuffed animals.

Quick Facts Born, Nationality ...

Education

Clark graduated from the University of Georgia in Athens, Georgia, in 1971[2] with a Bachelor of Arts in Journalism.[3] She holds an honorary doctor of laws degree from Saint Louis University School of Law.

Career

In 2006, she published her first book “The Bear Necessities of Business: Building a Company with Heart”.

After college, she worked at Hecht's, a division of the May Company department store chain, and in 1976 was promoted to the corporate offices in St. Louis, Missouri.[4] In 1992, Clark became the president of Payless Shoe Source, and left the company in 1996.[5]

In 1997, Clark founded Build-A-Bear Workshop after being inspired during a shopping trip by a friend's 10-year-old daughter when they couldn't find a Beanie Baby they were looking for. The girl commented that they could make the toy at home and that sparked Clark's idea to create a store to make stuffed animals. Nine months later, Build-A-Bear opened its flagship store at the St. Louis Galleria mall in October 1997 and issued an initial public offering in 2004 with 140 stores.[6] [7]

In 2013, Clark, retired from Build-A-Bear, turning over the CEO's role to Sharon Price John.[7] Clark collected $1.37 million in total compensation in 2013, including a salary of $659,200, bonus and incentive pay totaling $377,138, and $144,365 in stock. She also received $160,415 for a six-month consulting contract plus $25,000 to cover her legal expenses.[7]


References

  1. "Maxine K. Clark".
  2. Osborne, Kimberly (June 30, 2008). "Maxine Clark, founder of Build-A-Bear Workshop® to speak at summer commencement". UGA Today. University of Georgia.
  3. Eng, Dinah (March 19, 2012). "Who Built Build-A-Bear?". Fortune. 165 (4): 49–51.
  4. "Build-A-Bear's Founder Shares Her Story". Bloomberg Business Week. Archived from the original on July 28, 2011. Retrieved October 12, 2011.
  5. "Build-A-Bear chasing growth in tourist spots amid real estate overhaul". St. Louis Post-Dispatch. October 29, 2017. Retrieved February 11, 2021.
  6. "John makes $2.7 million as Build-A-Bear CEO". St. Louis Post-Dispatch. April 4, 2014. Retrieved February 11, 2021.

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