Todd R. Wanek

Last updated
Todd R. Wanek
Born (1964-03-16) March 16, 1964 (age 59)
NationalityAmerican
TitleCEO, Ashley Furniture
Term2002-
SpouseMarried
Children2
Parent

Todd Ronald Wanek (born 16 March 1964) [1] is an American billionaire businessman, the president and chief executive officer (CEO) of Ashley Furniture Industries, Inc. He is the son of Ronald G. Wanek, the chairman. As of May 2022, his net worth was estimated at US$3.1 billion. [2]

He was named CEO in 2002. [3] Later that year, minority shareholders in the company claimed that the Waneks were conspiring to force them out of the company. [4]

Both he and his father have made financial contributions to political candidates and the political action committee associated with the American Furniture Manufacturers Association. [5] [6]

In 2006, he received the Spirit of Life award from the City of Hope cancer research center for his fundraising efforts. [7]

In 2018, High Point University (HPU) named their new school of undergraduate sciences for Todd and Karen Wanek. [8]

Personal life

Wanek is married, with two children, and lives in St. Petersburg, Florida. [2]

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References

  1. "FamilySearch, Minnesota Birth Index". FamilySearch .
  2. 1 2 "Forbes profile: Todd Wanek". Forbes. Retrieved 10 November 2020.
  3. Archived 4 September 2012 at the Wayback Machine
  4. Barrett, Rick (9 November 2002). "Families Feud over Shared Arcadia, Wis.-Based Furniture Company". The Milwaukee Journal Sentinel. Retrieved 19 October 2009.[ dead link ]
  5. "Todd R. Mr. Wanek from zip code 54612". Watchdog.net. Archived from the original on 20 July 2012. Retrieved 19 October 2009.
  6. "Arcadia, WI Political Contributions by Individuals". City-Data.com. Retrieved 19 October 2009.
  7. "City bowlers raise $55K for City of Hope". Furniture Today. 19 October 2006. Retrieved 19 October 2009.
  8. "HPU NAMES NEW SCHOOL OF UNDERGRADUATE SCIENCES FOR TODD AND KAREN WANEK". High Point University. Retrieved 21 March 2019.