15/02/2017
Post #9 "" From an Young Kashmiri Face to an American Billionaire. ""
When Farooq Kathwari, the chief executive officer of Ethan Allen, purchased an apple farm in New York state more than 30 years ago, the farmer gave him some advice he keeps with him to this day.
“He said apple trees need to be trimmed each year, but if you trim too much, you’ll kill it,” he said. He gives all the credit of his success to Kashmiriyat.
This wealthy, and well connected Kashmiri does business with the White House through his business Ethan Allen, and in his capacity as CEO, and president of the company In fact Mr. K is not only the President of Ethan Allen furnishers , but is also an American Billioniare. Farooq Kathwari has been called a “seccessionist leader”, and he is well connected.
Worked as a bookkeeper in New York City, mid-1960s, and ran a handicraft-import business out of his apartment; financial analyst with Bear Stearns after 1968, and with New Court Securities, where he rose to vice president. As chief executive officer and board chair, he has been credited with guiding the company whose brand name was once synonymous with staid, American Colonial styles into an unprecedented turnaround. Kathwari also has a sideline career, however—that of philanthropist and potential peacemaker for his troubled homeland, Kashmir. "To a great degree, politicians and the diplomats have failed in regions of conflict and war," Kathwari contended in an article he wrote for Chief Executive. "The reason CEOs can contribute is that they have a different mind set."
Kathwari was born in 1944 into a longtime merchant family in Srinagar, an ancient city in the Indian-controlled part of Kashmir known for its houseboats and canals along Dal Lake. "Going to school was a hike," Kathwari wrote in a New York Times profile in 2004. "I'd pass trees and rocks and a spring. At the end of November it started snowing. The mountain is a great teacher. It teaches you to pace yourself. Kashmiriyat Played an important role in making this company a success"
We are proud of you Mr. Kathwari