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Title : BIOGRAPHY Adam Weitsman: Successful Entrepreneur, CEO
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BIOGRAPHY Adam Weitsman: Successful Entrepreneur, CEO
Adam Weitsman is an American entrepreneur and philanthropist, who is the owner and Chief Executive Officer of Upstate Shredding - Weitsman Recycling. Look at this biography to find out about his childhood, family life, and the controversies associated with it.
Quick Facts
He received the 'Platts Industry Leadership Award' and 'AMM Scrap Company of the Year' twice in 2015 and 2016. An antique collector, he has donated some of his pots to the New York State Museum in Albany. He renovated the Krebs restaurant his wife bought in 2010, and they donated profits from it to 16 regional nonprofit organizations in 2015. He donated $ 175,000 to four Boys & Girls Clubs in Owego, Binghamton, Syracuse and Endicott in January 2019.
Career
Quick Facts
- Birthday: June 13, 1968
- Nationality: American
- Famous: CEO / American man
- Age: 51 years, Male 51 years
- Sun Sign: Gemini
- Also Known As: Adam Joel Weitsman
- Born: Owego, New York, United States
- Famous As: Entrepreneur
- Spouse / Ex: Kim Weitsman (M. 2006)
- Children: Clover, Monroe, Rae
- U.S. State: New Yorkers
- Education: Long Island University
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Career
- Adam Weitsman often went to the auction house with his father over the weekend which made him interested in collecting antiques. In 1982, he had more than 60 pots and often examined who made them, which made the teenager noticed by antique journals. He then took art history classes and worked briefly at Hirschl and Adler Gallery in Manhattan in 1989 before opening the American Folk Art Gallery on Bleeker Street in Greenwich Village in 1991. However, after his sister Rebecca became seriously ill, she was forced to return home to help his father manage the family trash can.
- For some time, he continued to run galleries on weekends, and also opened an upscale clothing store and nightclub. He became vice president of Ben Weitsman & Son in 1995. In 1997, he founded a new business, Upstate Shredding, at Tioga County Industrial Park in Owego, NY, but his business failed because of the lagging metal industry. However, after a dark period in which he served a prison sentence for bank fraud, he became more determined to redeem himself and gain a reputation.
- Adam Weitsman started again with the help of his then-girlfriend, Kim, who took care of the demolition business when he was in prison. His professional colleagues, most customers and buyers of steel mills, as well as his employees, stood by him during difficult times, which inspired him to change his work ethic. He has managed to save his reputation and prove himself as a great industrialist.
- After opening Upstate Shredding, Adam Weitsman took a $ 10 million loan to buy a sophisticated shredder, but when market prices fell, acre of scrap piled around the machine because it remained idle for almost two years. When his business was on the verge of bankruptcy, he decided to use many of his accounts for kiting checks, which he was indicted in 2003 and served 8 months in prison in 2004. According to him, prison changed his life for good as it made him more humble and helped him recover his business.
- In the mid-2010s, he was faced with another controversy when a former employee accused him of dumping the body of victim Michele Harris in his car shredder in 2001. He sued him for defamation in 2017 and won the case, but to place the case, to clear his name from rumors, he arranged a lie detector test to prove he was innocent.
- Adam Joel Weitsman was born on June 13, 1968 in Owego, New York, United States. He graduated from the Owego Free Academy in 1986 and then majored in banking at CW Post Campus, Long Island University in 1989. His grandfather, Ben Weitsman, had started a used car parts business in 1938, which later developed into a scrap processing company, Ben Weitsman & Son, in 1958. His father Harold Weitsman managed the company for decades before retiring in the early 2000s. Adam Weitsman acquired the company from his father, in 2005. His sister Rebecca, a trained artist, also helped run the company until she became ill. He later died of colon cancer.
- Adam Weitsman is married to Kimberly DeFrance, a fashion model. He first met him in New York, in 2000 when he visited his father in Owego. He told her on their first date that he was going to jail, and she asked him if he would do it again. He finally left his job and learned the ropes of the scrap metal business from him before he went to prison and ran his business. The couple married in June 2006 in Skaneateles, NY. They have a daughter named Clover and welcome the twins in 2017; the twins are Monroe and Rae. The couple lived in their Skaneateles house which he had renovated after buying in 2006.
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