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Michaels Stores

COMPANY

Owner of craft stores: Michaels Arts and Crafts (900), Aaron Brothers Art Mart (165), ReCollections, and Star Decorators Wholesale (4). Acquired in 2006 by private equity firms Bain Capital and Blackstone Group, split half and half, for $6B.

Official Website:
http://www.michaels.com/

Industry:
Retail

Ticker:
NYSE:MIK (defunct)

Corporate headquarters:
Irving, TX

Sales:
$3.7B (2005)

Employees:
12,500

EXECUTIVES

NameOccupationBirthDeathKnown for
Brian C. Cornell
Business
c. 1960   CEO of Michaels Stores
Charles Wyly
Business
13-Oct-1933 7-Aug-2011 Billionaire, Michael's Stores
Sam Wyly
Business
1934   Early computer entrepreneur

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Joshua Bekenstein
Business
c. 1958   Bain Capital
Matthew S. Levin
Business
c. 1966   Bain Capital
James A. Quella
Business
c. 1950   Blackstone Group

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Cece Smith
Business
c. 1944   Phillips-Smith-Machens Venture Partners
Charles Wyly
Business
13-Oct-1933 7-Aug-2011 Billionaire, Michael's Stores
Sam Wyly
Business
1934   Early computer entrepreneur


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