Who Is Danny Wegman? Wiki, Age, Ethnicity, Wife, Net Worth, Height (Biographygist)
Danny Wegman, a prominent figure in the business world of the United States, serves as the chairman and CEO of Wegmans Food Markets, Inc. Having held various roles within the company in the past, he boasts a wealth of experience.
Wegmans Food Markets, Inc. is a renowned private American supermarket chain, spanning 106 locations nationwide. Notably, Wegman’s company has been recognized as one of the top performers in employee satisfaction surveys.
Contents
Quick Facts
Celebrated Name: | Danny Wegman |
Real Name/Full Name: | Danny Wegman |
Gender: | Male |
Age: | 76 years old |
Birth Date: | 6 March 1947 |
Birth Place: | Rochester, New York, United States |
Nationality: | American |
Height: | 1.8 m |
Weight: | 75 kg |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Paula Kerr Jarrett |
Children/Kids (Son and Daughter): | Yes (Colleen and Nicole Wegman) |
Dating/Girlfriend (Name): | No |
Is Danny Wegman Gay?: | No |
Profession: | Businessman |
Salary: | N/A |
Net Worth | $4 billion |
Danny Wegman Biography
Daniel R. Wegman, affectionately called “Danny,” was born on March 6, 1947, in Rochester, New York, USA. He is the son of Mary Elizabeth Wegman and Sir Robert Bernard Wegman, whose father, Walter Wegman, founded the company. Danny pursued his education at Harvard College, earning his bachelor’s degree.
In an interview, Danny revealed that he commenced working even before completing his college education, showcasing his strong work ethic and entrepreneurial spirit. Collaborating closely with his father, he dedicated himself to the expansion of Wegmans Food Markets.
Daniel R. Wegman Age, Height, Weight
Danny Wegman was born on March 6, 1947, He is 76 years old as of 2024. His height is 1.8 m, and he weighs 75 kg.
Career
Danny Wegman’s introduction to the workforce occurred during his student years. Before matriculating at Harvard, he immersed himself in the meat department, dedicating his summers to gaining insight into the meat industry. However, upon embarking on his educational journey, he shifted his focus to the family business.
In 1963, Danny commenced his formal career trajectory with Wegmans Food Markets Inc. as a store manager, a role he occupied until 1976. Over the years, he ascended through the ranks, assuming diverse responsibilities within the company. Eventually, in 2005, he assumed the position of chief executive officer, a title he held until 2017, when he passed the torch to his daughter.
Throughout his tenure, Danny has also served as the company’s president and currently holds the position of chairman, a role he has upheld since 2017. Under his leadership, Wegmans has experienced significant expansion across the United States, boasting expansive stores covering up to 132,000 square feet.
Beyond his professional commitments, Danny is deeply involved in his community. He has been a Trustee of the University of Rochester since 1995 and actively participates in initiatives such as the Rochester City Community Action Team and the Rochester Business Alliance’s Health Care Task Force.
Danny Wegman Achievements and Awards
Danny Wegman has garnered numerous prestigious business awards throughout his career. He was honored with the GS1 Lifetime Achievement Award at the GS1 General Assembly and Global Leadership Summit.
Additionally, he received the inaugural FMI (Food Marketing Institute) Robert B. Wegman Award. Notably, Wegman was also bestowed with the George Eastman Medal by the University of Rochester College.
Danny Wegman’s Net Worth in 2024
As of February 2024, Danny Wegman’s net worth is estimated to be around $4 billion, representing the total net worth of the Wegmans family. Renowned as one of the wealthiest families in the United States, Forbes ranked them as the 77th wealthiest family in America in 2014.
With Wegmans Food Markets Inc. experiencing significant sales growth over the years, the company is projected to achieve $10.8 billion in sales by 2020.
Contributions to Wegmans Food Markets Inc.
Danny Wegman is widely recognized for his instrumental role in the expansion and success of Wegmans Food Markets Inc. Despite limited public information about him, Wegman is acknowledged as a successful businessman who has spearheaded various initiatives, including the development of robust employee benefit programs.
Furthermore, his company has contributed significantly to scholarships, providing a total of $130 million in scholarships.
Danny Wegman Wife, Marriage
Reports indicate that Danny Wegman has been married three times, although details about his previous wives remain undisclosed. His most recent marriage is to businesswoman Paula Kerr Jarrett, with whom he tied the knot in 2019.
From his previous marriages, Danny has two daughters. Colleen Wegman, his eldest daughter, serves as the CEO and president of Wegman Foods, while Nicole Wegman, the younger daughter, holds the position of senior vice president within the company.