| CEO Name | Jeffrey Pederson |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Jeffrey Pederson, CEO of CORT Business Services Corporation, holds an estimated net worth of around $5 million due to his long-standing executive leadership, salary, potential bonuses, restricted stock units, and other equity compensation accrued within the Berkshire Hathaway-owned company. His financial standing also reflects CORT's leading position in furniture rental and workspace solutions, generating consistent revenues and profitability.
Jeffrey Pederson, CEO of CORT Business Services Corporation, has an estimated net worth of $5,000,000, which is 4.17% of the $60,000,000 maximum within the rental business category. His net worth is 5 times the $1,000,000 minimum for CEOs in this sector.
Business Category: Rental
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 60000000 USD
Jeffrey Pederson Performance in CORT Business Services Corporation
Jeffrey Pederson, CEO of CORT Business Services Corporation, exemplifies strategic leadership and decisive decision-making, driving the company's growth in the furniture rental market. Under his guidance, CORT expanded its service offerings and enhanced operational efficiency, contributing to increased revenue and market share. Pederson's impact is marked by his focus on innovation and customer-centric strategies, solidifying CORT's position as a leader in corporate housing solutions.
Latest News
CORT Business Services CEO Mike Davis Takes Helm, Company Earns 2025 Industry Award
CORT Business Services, a Berkshire Hathaway company, named Mike Davis as CEO in January 2024, succeeding Jeffery Pederson, and was recognized with CHPA's 2025 Tower of Excellence Award for Associate Partner of the Year. The company continues to lead in furniture rental and transition services, emphasizing innovation, sustainability, and strategic partnerships.
Source: http://www.businesswire.com/news/home/20250227576639/en/CORT-Recognized-with-CHPAs-2025-Tower-of-Excellence-Award-for-Associate-Partner-of-the-Year