Adesso president, CEO Margaret "Peggy" Traub dies
January 14, 2014,
NEW YORK — Margaret "Peggy" Traub, president and CEO of Adesso, died on Jan. 13 after a battle with cancer.
Traub began Adesso, a lighting and ready-to-assemble furniture company, with partner Lee Schaak in 1994.
Traub was recognized as an industry leader and a big believer in the power and benefits of networking. In 1997, she co-founded WithIt, Women in the Home Industries Today, a national trade organization for professional women in the home furnishings industry. She was also a member of the Women Presidents' Organization, the Women's Leadership Board at Harvard's Kennedy School of Government, the Committee of 200 and the advisory board of KIDS (Kids in Distressed Situations).
Traub resided in Brooklyn Heights with her partner Phyllis Dicker. Together, they sponsored the Traub-Dicker Rainbow Scholarship for several years, which awards scholarships to worthy college students.
Funeral services will be held Jan. 14 at 2 p.m. at Plaza Jewish Memorial Chapel, 630 Amsterdam Ave. at 91st Street in New York.
Donations may be made in honor of Margaret "Peggy" Traub to Congregation Beth Simchat Torah or to the LGBT Community Center of New York.