| CEO Name | Jeff Pederson |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Jeff Pederson's estimated net worth of around $5 million is primarily attributed to his long tenure as CEO of CORT Furniture Rental, a Berkshire Hathaway subsidiary, and compensation packages including salary, bonuses, and equity. Publicly available reports and industry standards for executives in large furniture and real estate companies inform this net worth estimate, though Berkshire Hathaway's private reporting limits precise data.
Jeff Pederson, CEO of CORT Furniture Rental, has an estimated net worth of $5,000,000, which is 10% of the category's maximum and 5% of the minimum-to-maximum net worth range. His net worth falls within the typical $1,000,000-$50,000,000 range for CEOs in the furniture business sector.
Business Category: Furniture
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Jeff Pederson Performance in CORT Furniture Rental
Jeff Pederson, CEO of CORT Furniture Rental, demonstrates strong leadership by driving strategic growth and operational excellence. His decisive decision-making focuses on innovation and customer-centric services, significantly enhancing company performance. Under his leadership, CORT has expanded market share and improved profitability, solidifying its position as a leader in the furniture rental industry.
Latest News
CORT Furniture Rental Company Leadership and Recent News
CORT Furniture Rental, a Berkshire Hathaway company and the nation's largest rental furniture and transition services provider, recently appointed Mike Davis as CEO following Jeffery Pederson's retirement; Davis previously served as President and COO, overseeing U.S. and U.K. operations. The company, originally led for decades by Paul Arnold who retired in 2024 after growing CORT substantially, continues industry innovation and partnerships, including a significant alliance with Dwellworks transferring destination services in late 2024 and recent awards recognizing service excellence. CORT maintains a broad global presence with over 80 country partners, emphasizing logistics, technology, and customer-focused solutions under its new leadership.
Source: http://www.businesswire.com/news/home/20250227576639/en/CORT-Recognized-with-CHPAs-2025-Tower-of-Excellence-Award-for-Associate-Partner-of-the-Year