Jim Davis (business)
Encyclopedia
Jim Davis is the Chairman of New Balance
New Balance
New Balance Athletic Shoe, Inc. , best known as simply New Balance, is a footwear manufacturer based in Boston, Massachusetts, United States of America. It was founded in 1906 as the New Balance Arch Support Company...

 and a co-founder of Major League Lacrosse
Major League Lacrosse
Major League Lacrosse, or MLL, is a professional men's field lacrosse league that is made up of five teams in the United States and one team in Canada.- History :...

.

Biography

James S. Davis was born in 1943. He attended the Worcester Academy
Worcester Academy
Worcester Academy is an independent coeducational preparatory school spread over in Worcester, Massachusetts in the United States. The school is divided into a middle school, serving approximately 150 students in grades six to eight, and an upper school, serving approximately 500 students in...

, and he received a Bachelor of Science in biology
Biology
Biology is a natural science concerned with the study of life and living organisms, including their structure, function, growth, origin, evolution, distribution, and taxonomy. Biology is a vast subject containing many subdivisions, topics, and disciplines...

 and chemistry
Chemistry
Chemistry is the science of matter, especially its chemical reactions, but also its composition, structure and properties. Chemistry is concerned with atoms and their interactions with other atoms, and particularly with the properties of chemical bonds....

 from Middlebury College
Middlebury College
Middlebury College is a private liberal arts college located in Middlebury, Vermont, USA. Founded in 1800, it is one of the oldest liberal arts colleges in the United States. Drawing 2,400 undergraduates from all 50 United States and over 70 countries, Middlebury offers 44 majors in the arts,...

 in 1966. While in college, he played college football
College football
College football refers to American football played by teams of student athletes fielded by American universities, colleges, and military academies, or Canadian football played by teams of student athletes fielded by Canadian universities...

.

He started his career as asales engineer at the LFE Corporation in Waltham, Massachusetts
Waltham, Massachusetts
Waltham is a city in Middlesex County, Massachusetts, United States, was an early center for the labor movement, and major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning,...

, and as marketing manager for the Applied Geodata Systems Division of Techven Associates of Cambridge, Massachusetts
Cambridge, Massachusetts
Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England, an important center of the Puritan theology embraced by the town's founders. Cambridge is home to two of the world's most prominent...

. I972, he bought New Balance, then only a 6-employee firm in Boston, and turned it into a 4,000-employee global corporation with revenues topping $1.6 billion. He has been a Board member of the Sporting Goods Manufacturers Association
Sporting Goods Manufacturers Association
The Sporting Goods Manufacturing Association is a trade association of the retailers, manufacturers and marketers of the sporting goods industry. The SGMA was founded in 1906 in New York, and is currently based in Washington, D.C. Currently, the SGMA represents over 1,000 manufacturers, retailers...

, the International Athletic Footwear & Apparel Manufacturers Association, and the Two/Ten Foundation. He is a member of the Athletic Footwear Council and is on the Executive Committee of the Rubber and Plastic Footwear Manufacturers Association. He also sits on the Board of Directors of the Citizen’s Bank in Providence, Rhode Island
Providence, Rhode Island
Providence is the capital and most populous city of Rhode Island and was one of the first cities established in the United States. Located in Providence County, it is the third largest city in the New England region...

.

He has donated $500,000 to Mitt Romney
Mitt Romney
Willard Mitt Romney is an American businessman and politician. He was the 70th Governor of Massachusetts from 2003 to 2007 and is a candidate for the 2012 Republican Party presidential nomination.The son of George W...

's Super PAC
Political action committee
In the United States, a political action committee, or PAC, is the name commonly given to a private group, regardless of size, organized to elect political candidates or to advance the outcome of a political issue or legislation. Legally, what constitutes a "PAC" for purposes of regulation is a...

, Restore Our Future. He has donated $5 million to the University of Maine
University of Maine
The University of Maine is a public research university located in Orono, Maine, United States. The university was established in 1865 as a land grant college and is referred to as the flagship university of the University of Maine System...

. He is the recipient of an Honorary Doctorate from his alma mater, Middlebury College. A library on its campus has also been named for him. He formerly sat on its Board of Trustees, on the Worcester Academy's, and on Newberry College
Newberry College
Newberry College is a liberal-arts college of the Evangelical Lutheran Church in America located on a historic campus in Newberry, South Carolina.The college has 1,025 students and a 19:1 student-teacher ratio...

's. He sits on the Board of Trustees of the Sports Museum of New England and formerly Boston Children's Museum
Boston Children's Museum
Boston Children's Museum is a children's museum in Boston, Massachusetts, dedicated to the education of children. Located on Children's Wharf along the Fort Point Channel, Boston Children's Museum is the second oldest children's museum in the United States...

.

As of September 2011, he is the 692nd richest person in the world, and the 242nd richest in the United States, with an estimated wealth of US$1.8 billion. He is married, and has two children. He lives in Newton, Massachusetts
Newton, Massachusetts
Newton is a city in Middlesex County, Massachusetts, United States bordered to the east by Boston. According to the 2010 U.S. Census, the population of Newton was 85,146, making it the eleventh largest city in the state.-Villages:...

.
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