COMPANY

Owner of craft stores: Michaels Arts and Crafts (900), Aaron Brothers Art Mart (165), ReCollections, and Star Decorators Wholesale (4). Acquired in 2006 by private equity firms Bain Capital and Blackstone Group, split half and half, for $6B.

Official Website:
http://www.michaels.com/

Industry:
Retail

Ticker:
NYSE:MIK (defunct)

Corporate headquarters:
Irving, TX

Sales:
$3.7B (2005)

Employees:
12,500

EXECUTIVES

Name	Occupation	Birth	Death	Known for
Brian C. Cornell	Business	c. 1960		CEO of Michaels Stores
Charles Wyly	Business	c. 1934		Billionaire, Michael's Stores

CURRENT BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Joshua Bekenstein	Business	c. 1958		Bain Capital
Matthew S. Levin	Naturalist	c. 1966		Bain Capital
James A. Quella	Business	c. 1950		Blackstone Group

BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Charles Wyly	Business	c. 1934		Billionaire, Michael's Stores

PAST BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Cece Smith	Business	c. 1944		Phillips-Smith-Machens Venture Partners

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