Leon Gorman Net Worth is$860 Million
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Date of Birth: Dec 20, 1934

Leon Gorman net worth: Leon Gorman is an American businessman who has a net worth of $860 million dollars. Born in Nashua, New Hampshire, Leon Gorman is the grandson of the founder of L.L. Bean. After graduating from Bowdoin College in Maine, Leon Gorman began working at Filene's in Boston. He then spent three years in the U.S. Naval Reserve, before returning to work for L.L. Bean. He served as L.L. Bean's Vice President and Treasurer initially, and then took over the company after his grandfather passed away. The business was failing, and he restructured the company and its product line. His changes were very successful, and L.L. Bean has enjoyed almost continual growth since then. The store is now one of Maine's most popular tourist attractions, as well. In 2001, he stepped down as President and CEO of L.L. Bean, but is still Chairman of the Board. He is also heavily involved in philanthropic work, with the majority of his donations going to public education initiatives.
Leon A. Gorman (born December 20, 1934) is an American businessman and the former president and current Chairman of the Board for the clothing company L.L. Bean.
A graduate of Bowdoin College, Gorman began working at the company after three years of Navy destroyer service and a trainee job at Filene's department store. Gorman became president in 1967, after his grandfather Leon Leonwood Bean died. From that time until his presidency ended in 2001, Gorman helped pioneer the company's mail order business and saw an average annual 20% growth rate for the company. In 2001, when Gorman decided to take the position of Chairman of the Board, leaving the position of CEO to Christopher McCormick, the first non-family member to assume the title.[citation needed]
Gorman is an active Philanthropist, having made significant contributions in the public education sector. He was nominated trustee emeritus for Bowdoin College in 2002. In 2010 he was bestowed the Bowdoin prize, an award given out every five years to the alumnist who has made the greatest contribution to the world.
With a reported net worth of $860 million dollars, he is currently the wealthiest person living in the state of Maine.

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Leon Gorman Latest News

New Orleans property transfers, Aug. 7-11, 2017

Deslonde St. 821-823: $71,000, Ch Renovations LLC to Benjamin Edward Gorman and Lain Gorman ... 4500-4502; Wilson Ave. 4502: $118,000, Leon Richard III to Denise Green Scales and Monique D. Smith. District 4 Josephine St. 2429-31-33-35: $130,000, R.
Posted: August 18, 2017, 12:21 pm

L.L. Bean boosting production of iconic boot

“L.L. Bean manufacturing is both our history and our future. Unfortunately not too many companies can say that anymore,” said company Chairman Shawn Gorman, great-grandson of founder Leon Leonwood Bean.
Posted: August 20, 2017, 1:11 am

Car thief who stole Seat TDI while banned from driving gets a year and five months' jail term

He unlocked the front door of the house after parking and locking the Seat Leon TDI, which was worth £17,000. Mr Gorman, said the fiscal depute, put the keys in a basket on a hallway table. However, when Mr Gorman left the property about 9.05am to go to ...
Posted: August 20, 2017, 7:15 am

Gearing up for 1M pairs: L.L.Bean shows off new Lewiston factory

"Manufacturing is both our history and our future," said Shawn Gorman, executive chairman of the board and great-grandson of company founder Leon Leonwood Bean. "We couldn't be more proud of what we've accomplished and we commend all of you for a job very ...
Posted: August 17, 2017, 4:54 pm

L.L. Bean boosting production of iconic rubber 'duck boot'

“L.L. Bean manufacturing is both our history and our future. Unfortunately not too many companies can say that anymore,” said company Chairman Shawn Gorman, great-grandson of founder Leon Leonwood Bean.
Posted: August 17, 2017, 11:43 am
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