Both Kiefer and Furniss have sold their companies in recent years. In 2000, Steve Furniss sold his company to his co-founderJoe DiLorenzo. Furniss still plays a huge roll in the company as he is the executive vice president of the company. Adolph Kiefer just like Furniss has sold his company as well. Kiefer sold his company in September of 2011 to The Randolph Group, Inc. Mr. Irzyk is the CEO and President of Kiefer today. Since Kiefer sold his company to a private company, there was not a net worth available to find.
When Adolph Kiefer began his business there was a huge need for safety products in society. There was also a need within the competitive swimming world for more efficient products and swim wear. In the competitive swim world, Kiefer designed the first nylon suit compared to the wool suits that swimmers had been wearing. He also patented the first kick board and lane line. In the safety world, Kiefer designed and sold lifeguarding equipment which was huge at the time because a lot of the US Navy did not know how to swim. Kiefer products are still the go to equipment source for many lifeguarding facilities today.
Steve Furniss got his start in the business world when he was employed by Adidas for 8 years to work on their competitive swimwear. Furniss eventually became their Executive Vice President after years of hard work. He was in charge of overseeing the sponsorship between Adidas and USA swimming for 4 years. After working for Adidas for 8 years, Furniss branched out and co-founded his company TYR. He co-founded this company in 1985 at the age of 33.
Adolph Kiefer got his start in the swimming business world while serving in the Navy. He eventually became the Officer in Charge of Swimming for the entire US Navy. When he got back from the Navy he started Adolph Kiefer & Associates, Inc. in Chicago. He designed the first nylon suit which was a great step up from the wool suits at the time. He eventually began making other things from safety items to training devices swimmers could use. He has 14 patents of his own. He founded his company in the year 1947 at the age of 29.
Steve Furniss and Adolph Kiefer are some of the most widely known entrepreneurs in the competitive swimming world. These men built some of the most widely known swimming brands that are still used today.
TYR was first founded with the intentions of designing fun and competition driven prints. The need for another swim brand was not necessarily there. The swimming world already had Speedo, Kiefer, and Adidas. The need for fun and fashionable swim products is the approach that TYR took. Although the need for another "high end" swim wear company was not needed at the time, TYR continues to be one the top brands used today by competitive swimmers and recreational swimmers everywhere.
Adolph Kiefer went to Theodore Roosevelt High School in 1936. After high school he went to The University of Texas at Austin in 1939 and stayed there for one year before going to Columbia College in 1940. After college Adolph Kiefer went to the Navy and he stayed in the Navy until 1947.
Steve Furniss went to Foothill High School in Santa Ana California. He then went on and graduated from the University of Southern California in 1976. He graduated with a Bachelor of Science degree in Marketing. After college Furniss worked with Adidas and worked with them for 8 years.
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