Men's Wearhouse chief George Zimmer was fired Wednesday—the day of the annual shareholders meeting. He launched the company's precursor in 1973, when he was just out of college, and became CEO in 1991. His famous TV commercial tagline, "I guarantee it," made him its public face.
In 1992, Zimmer took Men's Wearhouse public, ushering in an era of tremendous growth and sales. It hit revenues of $1 billion year in 1998 and in 2000 expanded to include a tuxedo-rental and proprietary dry-cleaning service.
In 2011, Zimmer turned over the CEO title to President Douglas Ewert but remained executive chairman of the board.