Robert Nourse
Encyclopedia
Robert E.M. Nourse is an entrepreneur and former President and CEO of The Bombay Company
.
Nourse holds an MBA from the Richard Ivey School of Business
(1964) and a DBA from Harvard Business School
. After nine years as a professor at Ivey and after holding the position of Chairman of the MBA program, in 1976 he left academia to become a venture capitalist and an executive with Venturetek International Ltd.
Bob Nourse purchased The Bombay Company of Canada, which was a single store at the time, in 1979. The Bombay Company grew to 450 stores with net sales of US$317 million for 1994. Nourse guided The Bombay Company to its successful listing on the New York Stock Exchange in 1993. Later that year, Inc. Magazine voted him Entrepreneur of the Year, calling the firm "America's hottest company." After a decline in sales, Nourse was fired as CEO of Bombay on September 5, 1996, with Chairman Carson Thompson attributing the change to "a clumination of a lack of performance over a period of time."
Bombay Company
The Bombay Company is a furniture and home accessories retailer in Canada. It was formerly part of a larger American chain based in Fort Worth, Texas, but the U.S. outlets are now closed.-History:...
.
Nourse holds an MBA from the Richard Ivey School of Business
Richard Ivey School of Business
The Richard Ivey School of Business is located on the University of Western Ontario campus in London, Ontario, Canada, and is consistently rated as the top business school in Canada. It is offered, along with a range of other programs, by the University of Western Ontario, but is managed separately...
(1964) and a DBA from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
. After nine years as a professor at Ivey and after holding the position of Chairman of the MBA program, in 1976 he left academia to become a venture capitalist and an executive with Venturetek International Ltd.
Bob Nourse purchased The Bombay Company of Canada, which was a single store at the time, in 1979. The Bombay Company grew to 450 stores with net sales of US$317 million for 1994. Nourse guided The Bombay Company to its successful listing on the New York Stock Exchange in 1993. Later that year, Inc. Magazine voted him Entrepreneur of the Year, calling the firm "America's hottest company." After a decline in sales, Nourse was fired as CEO of Bombay on September 5, 1996, with Chairman Carson Thompson attributing the change to "a clumination of a lack of performance over a period of time."
Awards
- 1993 Inc. Magazine voted him the Entrepreneur of the Year
- 1994 Ivey Business Leader of the Year