The Institute for Entrepreneurship at Miami University inducted Bob Taylor into the Entrepreneurship Hall of Fame during a ceremony on Monday, April 2.
“We’re thrilled to honor Bob Taylor and his incredible achievements as an entrepreneur and a businessman,” said Brett Smith, director of the Institute for Entrepreneurship. “Bob’s life and career are marked by innovative thinking, optimism and a deep caring for delivering value and service to customers. He has reached the pinnacle of entrepreneurship success and it’s an honor to add him to our Entrepreneurship Hall of Fame.”
Mr. Taylor graduated Phi Beta Kappa from Miami University with a degree in business. After earning an MBA from Stanford University in 1959, he embarked on a career in personal products sales. Over the course of his career he started several businesses, including Minnetonka Corporation, a leading manufacturer of gift soaps, bath oils and shampoos. In 1980, Minnetonka purchased Calvin Klein cosmetics and launched the poplar Obsession and Eternity perfumes. In 1989, Mr. Taylor sold the company to Unilever. Since then he has been involved in several business ventures.
Bob and his wife, Mary Kay, have been active in charitable organizations focused on young people. They are the founders of Kid-Mit-Ment, a foundation that helps children threatened by abuse, illness, hunger and homelessness. In 2008, the Taylors made a generous gift to Miami University to support the new Farmer School of Business building. In recognition of that generosity, the Farmer School named one of its premier meeting spaces in memory of the Taylor’s son. David R. Taylor Auditorium is a state-of-the-art 500-seat amphitheater used for classes, executive speakers and other special events.
“Bob Taylor has a most impressive record of entrepreneurial success,” commented Dean Roger L. Jenkins. “He is a shining example of the entrepreneurial spirit we wish to foster in all of our students. We are proud to have him as a distinguished member of our Famer School family and I’m pleased and proud to induct him into the Entrepreneurship Hall of Fame where he joins a small and elite group of previous entrepreneur honorees.”
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