Henry A. Roemer

American businessman
The basics

Quick Facts

IntroAmerican businessman
PlacesUnited States of America
wasBusinessperson
Work fieldBusiness
Gender
Male
Birth27 September 1884, Struthers, Ohio, USA
Death13 November 1969Vienna, Ohio, USA (aged 85 years)
Star signLibra
The details

Biography

Henry A. Roemer (born Sep 27, 1884 in Ohio – died Nov 13, 1969) was an American business executive who served as president of the Sharon Steel Corporation from 1931 to 1957

In 1931, when Roemer became president, Sharon Steel was losing $500,000 that year on $10 million sales. When he retired in 1957, the was producing $150 million in revenue and $4 million in earnings per year. Sharon Steel Corporation had become one of the best known steel companies in the Midwest. According to one source, Roemer was one as the greatest business leaders of the twentieth century.

In 1987, Sharon Steel filed for Chapter 11 bankruptcy.

The contents of this page are sourced from Wikipedia article on 28 Jun 2020. The contents are available under the CC BY-SA 4.0 license.