Todd Krasnow

Todd Krasnow is an entrepreneur and businessman from Newton, Massachusetts. He was an early-stage venture investor and was part of the founding management team at Staples.[1] He is chairman of the Harvard-Smithsonian Astrophysical Observatory Advisory Board, and of the Harvard Business School Rock Entrepreneurship Center Advisory board.[2]

Todd Krasnow
Born
Newton, Massachusetts
OccupationBusinessman
Years active1992–present
Known forFounding Staples Inc. and Zoots

Early life and career

Krasnow holds an AB from Cornell University and an MBA from Harvard Business School. He was a member of the Cornell University Alumni Council and the Harvard Business School Rock Entrepreneurship Center Advisory Board. Also, chairman of the Harvard-Smithsonian Astrophysical Observatory Advisory Board. For the academic year 2006–07, he was entrepreneur-in-residence at Harvard Business School.[3][4][5]

In 1992 he was appointed senior vice president of joint ventures at Staples.[6]

He was executive vice president of sales and marketing and was part of the founding management team at Staples from 1986 until 1998. He procured the naming rights to the Staples Center in LA for Staples. He won a gold "Clio" award for the best retail advertising in the United States.[2][7][5]

Krasnow co-founded Zoots in 1998 and was co-founder and CEO of Zoots dry cleaning chain across America. He was chairman of Zoots until its sale in 2008.[1][8][9] The company's sales in 2000 were $30 million and had 41 retail locations and 124 home-delivery routes with nearly 1,000 employees.[10] In 2008 sold off its operating assets.[11]

He was founding director and investor in Carbonite, Highland Capital Partners' consumer fund, director of The Tile Shop, and a board member of C&S Wholesale Grocers and Kids II.[4][2][12]

References
  1. Thomas, Paulette (27 April 1999). "Creators of Staples Are Now Aiming To Reinvent Dry-Cleaning Business". Wall Street Journal. Retrieved 24 August 2020.
  2. "Todd Krasnow | Cornell University College of Arts and Sciences Cornell Arts & Sciences". as.cornell.edu. Retrieved 2020-06-30.
  3. "Harvard Business Publishing Education". hbsp.harvard.edu. Retrieved 2020-07-07.
  4. Cruikshank, Jeffrey L. (2005). Shaping the Waves: A History of Entrepreneurship at Harvard Business School. Harvard Business School Press. ISBN 978-1-59139-813-4.
  5. "Advisory Board". www.cfa.harvard.edu/. Retrieved 2020-06-30.
  6. "Executive changes". New York Times Company. 10 March 1992. Retrieved 24 August 2020.
  7. Stemberg, Thomas G. (1996). Staples for success : from business plan to billion-dollar business in just a decade. Santa Monica, Calif.: Knowledge Exchange. ISBN 1-888232-24-2. OCLC 36027479.
  8. Hofman, Mike (2001-01-01). "Upstarts: Dry Cleaning". Inc.com. Retrieved 2020-07-28.
  9. Journal, Paulette ThomasStaff Reporter of The Wall Street (1999-04-27). "Creators of Staples Are Now Aiming To Reinvent Dry-Cleaning Business". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-07-28.
  10. Rosenberg, John S. (2018-11-08). "From the Archives: Who Wants to Be an Entrepreneur?". Harvard Magazine. Retrieved 2020-07-28.
  11. Noyes, Jesse (15 May 2008). "Zoots, once cleaning up in clothes laundering, hits tough times". American City Business Journals. Retrieved 24 August 2020.
  12. "Todd Krasnow on CEO Interviews | Wednesday, June 14, 2017". The VoiceAmerica Talk. Retrieved 2020-07-28.
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