October 15, 2018
Power 50: No. 20 Bill Korowitz, The Magnet Group
Welcome to the 2018 Power 50 list, which ranks the most influential people in the industry.
#20 Bill Korowitz, The Magnet Group (asi/68507)
2017 Rank: 16
Title: CEO
Industry Experience: 22 years
A trained economist, Korowitz runs one of the market’s largest hard goods companies and was Counselor’s 2013 Supplier of the Year. Since 2012, Magnet’s average annual sales have risen by 8.3%, pushing it into an elite club of $100 million+ suppliers. Yet, in a market where acquisitions are happening at a furious pace, Korowitz’s PE firm TMG Capital has remained relatively quiet beyond its major 2014 deal with Castelli (asi/44305).
“Leadership is having people follow you without being forced to.” Bill Korowitz, The Magnet Group