the company for 30 years or more. And 139 who have been there 20 years or more. That’s not just a team…that’s a family. And that’s success! A moment of reflection – In January of 1983, just months before Conair started trading on the New York exchange, Josephine Rizzuto, the matriarch of the family, passed away. In her lifetime, through 80 years of sacrifice, Josephine had watched her family’s success and their dream – the American
conair corporation, stamford, connecticut
Dream – come true. She was always there, first guiding the business with her husband, and then ready to step in and help Lee. She’d raised a family, fed the constant flow of friends who came to her table, and became an integral part of her grandchildren’s lives. To this day, everyone who had the privilege and pleasure of knowing her has a story to tell, and a smile for Josephine Rizzo Rizzuto.
In 1985, in the largest leveraged buyout by one individual to date, Leandro P. Rizzuto bought back his company. Conair was, once again, privately held.
As Conair continued to grow into its role as America’s leading haircare company, Lee continued to push in new directions. The ultimate entrepreneur, with a keen business mind and an infallible sense of what customers wanted, he made strategic decisions as he moved forward to ensure he’d have what he needed when opportunities arose.