Queen Consolidated was a company run primarily by the Queen family. Also known as Queen Industries, the business is owned and run by Oliver Queen, better known as the Green Arrow. Oliver reluctantly inherited the company after his parents, Robert and Moira Queen, were killed on safari. It was founded by Robert Queen, Oliver’s father.
After Robert’s death in 2007, it was taken over by Walter Steele. Walter was kidnapped and later stepped down from his position as CEO after being rescued by The Hood. Isabel Rochev (“The Queen”) was CEO of Queen Consolidated with backing from Slade Wilson until her death; during that time she deliberately ran the company and many of its assets into the ground, looking to strip Oliver of his financial resources.
In late 2014, Oliver attempted to bid for his company back, but ultimately the board named Ray Palmer as CEO. As a part of his new vision, Ray shortly re-branded the company under his own banner, Palmer Technologies.