Chazen, who initially was co-chairman with Ortenberg, COO, salesman, merchant and businessman, eventually became a brilliant chairman of the company.

FORBES: J.C.Penney Tramples on Liz Claiborne and Misses a Great Opportunity

Founded in 1976 by Liz Claiborne, a 47-year-old Belgian designer, Art Ortenberg, her husband who specialized in textiles, Leonard Boxer who was in charge of production, and Jerome Chazen.

FORBES: J.C.Penney Tramples on Liz Claiborne and Misses a Great Opportunity