Jeremy Reitman, chairman and chief executive officer of retailer Reitmans Canada Ltd., has died, according to the company.
He was the grandson of Herman and Sarah Reitman who started the women’s specialty retail company in 1926 in Montreal. Reitman became the chairman of the family-controlled business in 2010 and navigated the company through a troubled decade for traditional retailers.
The CEO died “peacefully, in Florida, on Saturday, December 28, 2019,” according to a Montreal Gazette remembrance page. He was a passionate golfer, skier, toastmaster and philatelist, according to the page, which did not specify his age.
Jeremy was an alumnus of Dartmouth College, McGill Law, Westmount High School and Camp Kennebec, a Chairman and CEO of Reitmans Canada Ltd., a former board member of the Bank of Montreal, McGill University and Provigo and an alumnus of Young Presidents’ Organization and World Presidents’ Organization, according to the notice.
The company operates 587 stores consisting of 260 Reitmans, 112 Penningtons, 79 Addition Elle, 81 RW & CO. and 55 Thyme Maternity, and is listed on the Toronto Stock Exchange.