In addition to his commercial ventures, Ryan Cohen, a well-known personality in the corporate world, has drawn attention to his personal life, particularly his marriage. Although his professional accomplishments are generally known, information about his wife and their relationship has frequently been withheld from the public.
Ryan Cohen’s career in business and investing has made him a well-known person, but his marital situation continues to be mysterious. This introduction lays the groundwork for delving into the mystery surrounding Ryan Cohen’s wife and their connection, illuminating the hidden facets of his largely public existence.
Ryan Cohen Wife
He has a wife named Candice. Cohen has not provided any specific information about his wife. But at the time he sold Chewy to PetSmart for $3.4 billion, his wife was expecting a child. Together, the couple has a son.
Ryan Cohen Biography
Ryan Cohen is a Canadian businessman and activist investor who was born in 1985 or 1986. He established the online retailer Chewy in 2011, and from 2011 to 2018, he served as its CEO. Cohen is the company’s current CEO and chairman.
Cohen was born in Montreal to a Jewish household. He never went to college and attributes his decision to follow an entrepreneurial path primarily to his father, who was the owner of a glassware company. In December 2019, his father passed away.
Ryan Cohen Family
He was born to loving parents in Montreal, Quebec, Canada. Cohen is a citizen of Canada. Ted Cohen, who had a glassware business and passed away in December 2019, is his father. His father served as his main source of motivation for choosing an entrepreneurial path. Bonnie Chodos is her son’s mother. Brad’s sister Jen, with whom he grew up, is now married.
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Ryan Cohen Education
Once he received his high school diploma, he chose not to attend any colleges. Cohen attributed his principal influence to his father, who owned a glassware business.
Ryan Cohen Career
Cohen launched his first company at the age of 15, earning money from referrals to several e-commerce sites. Cohen, who is now 25 years old, founded Chewy in 2011 under the handle MrChewy. Cohen claims that his experience buying for his poodle Tylee served as his motivation for choosing the pet category.
He names his father Ted, who owned and operated a company importing glassware, as a mentor. Cohen leveraged Amazon’s supply chain, logistics, and online shopping convenience as a starting point for Chewy, but he also added a focus on customer service with handwritten holiday greetings, pet photos, and flowers for departed dogs.
Cohen claims that he initially contacted over 100 venture capital firms in need of funding but was turned down by each of them. Volition Capital provided Cohen with a $15 million initial outside investment in the business in 2013.
By 2016, he had secured funding from backers like T. Rowe Price New Horizons Fund and BlackRock. The business generated $900 million in sales that year and had risen to the top spot among online pet retailers. In 2017, he had raised $350 million and was getting ready to go public.
The biggest e-commerce transaction of all time, Chewy was acquired by PetSmart for $3.35 billion in April 2017. A significant portion of Chewy’s value was attributed to the company’s relationship with its clients, which included sending handmade Christmas and thank-you cards and dedicating roughly one-sixth of its workforce to 24-hour customer service.
In the same year, Vox and Fortune both included Cohen on their lists of “40 under 40” and “Recode 100,” respectively. After the takeover, Cohen continued to serve as CEO and ran the company essentially as a separate division of PetSmart.
Before resigning from his position as CEO to pursue personal ambitions and spend more time with his family, he expanded the company to 3.5 billion in revenue in 2018. Chewy went public in June 2019 with a $8.7 billion valuation.
Along with two Chewy executives, Cohen joined the GameStop board in January 2021. Additionally, Cohen was named chairman of a new committee in charge of an organization-wide reform. Following a short squeeze, the stock rose by 1,500% in two weeks as a result of Cohen’s hiring, sparking a stock surge.
Since then, Cohen has played a key role in a number of changes at GameStop, including the resignation of ten board members and several executives, as well as the appointment of numerous executives from Chewy and Amazon to leadership positions.
Following the annual shareholder meeting, he was appointed chairman. Cohen assumed control of GameStop as CEO on September 28, 2023. He does not get paid for his positions as chairman and CEO.
