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Arnold Hiatt
Arnold Hiatt is an American businessman notable for having been the president of the Stride Rite footwear company. In addition, he is notable for having been a large contributor to political campaigns for the Democratic Party〔 as well as being a voice calling for money to get out of politics. He has called for serious electoral reform and public financing of elections. Hiatt has been consistently praised by Harvard Law School professor Lawrence Lessig for his stance on electoral reform.
==Stride Rite==
Hiatt was the son of a Lithuanian immigrant.〔 He began as a shoe salesman and worked himself up the corporate ladder. He joined Stride Rite in 1967 when it acquired a children's shoe company named Blue Star, when sales were $35 million a year. In 1968, Hiatt became president; by 1992, Stride Rite was earning more than $600 million.〔 Hiatt was able to anticipate changes in consumer preferences for footwear, and adapted to major changes by acquiring firms with in-demand products:〔
Hiatt pioneered socially conscious methods such as opening a company sponsored day care center in 1971, at a time when such a move was considered "radically countercultural."〔 In 1986, smoking of cigarettes, cigars and pipes was banned from the corporation.〔 And his firm provides scholarships for 40 inner-city youth to attend Harvard University.〔
According to the ''New York Times'', the company has achieved a consistent return on investment to place it among the "top 1 percent of companies" listed on the New York Stock Exchange with compounded annual growth of 46 percent.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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