Raymond Edward Kassar was president, and later CEO, of Atari Inc from 1978 to 1983.
11 Facts About Raymond Kassar
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Raymond Kassar had previously been executive vice-president of Burlington Industries, the world's largest textile company at the time, and president of its Burlington House division.
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Raymond Kassar later became the executive vice-president of Burlington Industries, the world's largest textile company at the time, and president of its Burlington House division.
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Raymond Kassar left the company to start his own textile company that manufactured cotton shirts in Egypt and marketed them under the "Kassar" label.
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Ray Raymond Kassar was hired in February 1978 as president of Atari's consumer division by Warner Communications, who at the time owned Atari.
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In 1982, Raymond Kassar donated a sum of money to Brown University, his alma mater.
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The Raymond Kassar House is currently home to the university's mathematics department.
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In July 1983, Raymond Kassar was fired due to continuing massive losses at Atari.
9.
Raymond Kassar settled, returning his profits without acknowledging guilt or innocence.
10.
The shares that Raymond Kassar sold actually constituted only a small amount of his total holdings in the company, and the SEC later cleared him of any wrongdoing.
11.
Raymond Kassar was a collector and private investor and sat on the Board of the American Hospital of Paris Foundation.