Early Life and Education
Stephen Orenstein was born on December 28, 1963, in Frankfurt, Germany. He attended Kimball Union Academy and later pursued a degree at Lehigh University. In 1985, following the passing of his father, Alfred Orenstein, Stephen returned to Frankfurt to take an active role in the family business, Supreme Group.
Rise to Success
Orenstein joined Supreme Group's sales division, helping to navigate the company through significant global operations, especially during the U.S. military's involvement in Afghanistan. His leadership was crucial in growing the company, which, at its peak in 2011, reported revenues of $5.6 billion and distributed $1.66 billion in dividends.
Key Business Strategies
Supreme Group, under Orenstein’s leadership, became a primary supplier of food and fuel to U.S. military personnel. Orenstein owned a 75% stake in the company during its peak years. The company's success was driven by its ability to provide essential services in challenging environments, solidifying its position in the supply chain sector. However, in 2014, two of its subsidiaries resolved certain legal matters with the U.S. government, highlighting the complexities of operating in the defense contracting industry.
Philanthropy
The Orenstein family is involved in philanthropy, supporting underprivileged communities in Israel and the United States. Their efforts aim to improve the lives of children, teens, families, and individuals facing financial and social hardships.
