Jim Davis (businessman)

Jim Davis is an American businessman and the founder and chairman of New Balance Athletics, Inc. He purchased the then-small, Boston-based shoe company in 1972 and has overseen its growth into a major global athletic footwear and apparel brand.

Davis, a Greek-American, acquired New Balance with the intention of improving the company's products and expanding its market presence. He focused on innovation, quality, and domestic manufacturing, a strategy that distinguished New Balance from many of its competitors who increasingly moved production overseas.

Under Davis's leadership, New Balance has expanded beyond running shoes to encompass a wider range of athletic footwear, apparel, and accessories. The company has also established a significant international presence, with manufacturing facilities and retail operations around the world.

Davis remains actively involved in the management of New Balance as Chairman. His leadership is often credited with the company's consistent growth and its reputation for quality and craftsmanship. He is generally recognized as a key figure in the athletic footwear industry.