Stanley Tanger

Source: Wikipedia, the free encyclopedia.

Stanley K. Tanger (April 13, 1923 – October 23, 2010

Greensboro, North Carolina.[1] Tanger Outlets grossed $270 million in 2009.[1]

Biography

Tanger was the son of Harriette and Moe Tanger from

outlet stores.[1] Tanger soon organized other similar businesses and manufacturer outlets into a small, brand name outlet strip mall in Burlington, North Carolina in the early 1981.[1][2]

The company, now known as

Tanger Factory Outlet Centers, had since expanded to more than forty-one outlet centers in twenty-five U.S. states and four in Canada, as of April 2015.[3] In 1993, Tanger Factory Outlet Centers became the first outlet developer to be publicly traded on the New York Stock Exchange.[1][2]

Real Estate by Inc. Magazine named Tanger as "Entrepreneur of the Year" in 1994.[2] Tanger remained chairman of Tanger's board of directors until his retirement from a daily role with the company on August 7, 2009.[4] He resigned as chairman of the board in September 2009,[4] but remained a member of Tanger's board of directors until his death in 2010.[2]

Tanger and his wife, Doris Tanger, a breast cancer survivor,

philanthropists. Much of Tanger's philanthropy focused on breast cancer awareness, including a one-million-dollar contribution to Moses Cone Health System's Regional Cancer Center in Greensboro.[1] Tanger also funded a variety of beautification projects throughout the city of Greensboro, including the creation and preservation of city parks, including the Bicentennial Gardens.[1]

Stanley Tanger, a resident of Greensboro, died of pneumonia on October 23, 2010, aged 87.[1] He was survived by his wife of sixty-three years, Doris Tanger, and his children and grandchildren. Tanger's funeral was held at Temple Emanuel, a Reform Judaism congregation in Greensboro.[1] His son, Steven, was named president and CEO of Tanger Factory Outlet Centers in January 2010.[1][4]

References