Walter Johnsen
- January 4, 2024
- Businessperson
Quick Facts
| Full Name | Walter Johnsen |
| Occupation | Businessperson |
| Date Of Birth | Dec 15, 1950(1950-12-15) |
| Age | 74 |
| Birthplace | New York |
| Country | United States |
| Horoscope | Sagittarius |
Walter Johnsen Biography
| Name | Walter Johnsen |
| Birthday | Dec 15 |
| Birth Year | 1950 |
| Place Of Birth | New York |
| Birth Country | United States |
| Birth Sign | Sagittarius |
Walter Johnsen is one of the most popular and richest Businessperson who was born on December 15, 1950 in New York, United States. Walter Craig Johnsen (born December 15 1950) is the chief executive and chairman chief executive officer at Acme United Corporation, which is a provider of cutting products, measuring, and safety for home, school office, hardware as well as industrial market.
On January 15, 1995 as his non-compete agreement ended in Omron, Johnsen joined Acme United Corp. as an Acme United Corp. board member.
The company lost another $3.2 million in 1996, mostly due to restructuring charges. In 1997, production shifted to China. The savings generated from that switch were invested in innovation and laid the foundation for Acme United’s further growth.
From 2005 until 2014, Johnsen was a member of the listed company council of the New York Stock Exchange to advise on issues and concerns affecting small and mid-cap companies.
After a disastrous year 1995 when Acme United posted an operating loss that was $8.7 million. Dwight Wheeler II was replaced by Walter Johnsen as CEO. Johnsen immediately launched a vigorous reduction in costs. Johnsen shut down 5 factories and moved the majority of production to a new facility that is lower in cost located in North Carolina, reduced the inventory of the company, and laid off around 800 workers which included nine top managers.
Walter Johnsen Net Worth
| Net Worth | $5 Million |
| Source Of Income | Businessperson |
| House | Living in own house. |
Walter Johnsen is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Walter Johnsen 's net worth $5 Million. (Last Update: December 11, 2023)
In 1978 the year he completed his studies at Columbia Business School, where was awarded a Master of Business Administration.
In 1986, he and an associate purchased Marshall Products, Inc. A distributor of home health care, medical and juvenile products , based in Lincolnshire, IL. Marshall expanded between $18 million and 40 million in revenue within four years and was the most prominent manufacturer of blood-pressure devices and stethoscopes in US. in 1990, Marshall Products was sold for $25 million to Omron Corp, a Japanese electronics maker.
Johnsen joined Acme United in January 1995 as a board member and became CEO later that year. Under his leadership, Acme United became the leading scissors brand in the United States and one of the leading ruler brands in North America. In addition, Acme United has become one of the top-3 producers of first aid kits in the United States.
Height, Weight & Body Measurements
Walter Johnsen height Not available right now. Walter weight Not Known & body measurements will update soon.
Who is Walter Johnsen Dating?
According to our records, Walter Johnsen is possibily single & has not been previously engaged. As of December 1, 2023, Walter Johnsen’s is not dating anyone.
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Facts & Trivia
Walter Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Walter Johnsen celebrates birthday on December 15 of every year.