Charles Shor Wiki Biography, Age, Height, Wife, Net Worth, Family

In 2017, Charles Shor was the founding donor of the “Charlie Shor Park” at Aleh Negev, a rehabilitation village for disabled children and adults located in southern Israel.

In 2014, Charles Shor sold Duro Bag to Hilex Poly Co. LLC. for an undisclosed amount. The South Carolina-based paper bag firm bought Duro in an effort to augment its line of recycled products. On July 3rd, 2014 the formal relationship between Shor was effectively dissolved as the sale was finalized.

In 2002, Shor launched the Charles L Shor Foundation for Epilepsy Research. The foundation has made donations in excess of $1,000,000 to various organizations including University of Cincinnati, the Albert Einstein College of Medicine, and the Children’s Hospital of Cincinnati and is one of the top private foundations in Ohio. Through the foundation, Charles Shor has also heavily contributed to several neurological studies aimed to better understand seizures and the effect of stress on the brain.

As a result of Duro’s innovations in paper bags, the company found itself on the list of Cincinnati Enquirer’s top 100 private companies. Starting in 1988, Duro Bag moved from 7th to 5th to 4th, where it remained a consistent top 10 until 2014.

Charles Shor is an American businessman and philanthropist from Cincinnati, Ohio. He served as the President and Chief Executive Officer of the world’s largest paper bag manufacturing company, Duro Bag Manufacturing from 1987 to 2014 before selling it to South Carolina-based Hilex Poly Co. LLC.

After his father’s death in 1987, 33-year old Shor took the helm at Duro Bag where he was instantly faced with various challenges. In addition to his epilepsy, as well as increased competition from the plastic industry, Duro Bag’s lender had also threatened to call the company’s loans. However, then-local Fifth Third Bank eventually agreed to take on Duro’s debt.

In 1976, Charles graduated from University of Michigan with a degree in economics. In 1977, Charles joined the family business where he worked alongside his father until the elder Shor’s death in 1987, at which point Charles took over responsibilities as Duro Bag’s chief executive officer.

After graduating from University of Michigan in 1976, Charles joined his family business as a salesman in 1977. After four years with the company, Charles’ father named him president of Duro Bag at the age of 27.

Shor was born in Cincinnati, Ohio on April 2nd, 1954. His father, S. David Shor had started the Covington, Kentucky-based paper bag manufacturing business, Duro Bag Manufacturing the year before Charles was born. At this point, the company had one location with only a handful of employees.