Former Head Of Federated Department Stores Dies
CINCINNATI (AP) _ Ralph Lazarus, former chairman and chief executive officer of Federated Department Stores Inc., died here Sunday after a long illness. He was 74.
He was the grandson of Fred Lazarus, who founded the F&R Lazarus Co. chain in Columbus.
Ralph Lazarus’ father, Fred Lazarus Jr., founded Federated in 1929, and it grew to a nationwide chain of department stores. Federated was purchased earlier this year by the Campeau Corp.
Ralph Lazarus, who was reared in Columbus, worked at Lazarus for more than 22 years and was a graduate of Dartmouth College in Hanover, N.H.
Ralph Lazarus was chairman and chief executive officer of Federated from 1972 until 1982. Before that, he was the company’s president for 15 years.
″I think that he was that rare combination of giant in the retail industry and an individual who was equally committed to excellence as a corporate citizen, and he certainly set standards throughout Federated in both,″ said Jerry Gafford, vice president of corporate affairs for Federated and Lazarus.
Lazarus was a member of the boards of directors of General Electric Co. and Gillette Co. He also served on the Peace Corps national advisory committee.
He is survived by his wife, Gladys, and sons, John of San Francisco and James of San Antonio, Texas. Also surviving are his brothers, Fred Lazarus III of Cincinnati and Maurice Lazarus of Boston.
Funeral arrangements were pending.