She is thrilled to bring her skills to the CU Innovations team. The following year Qwest battled for control of local telephone provider U S West Inc., one of the original Baby Bells, with another upstart telecommunications company, Global Crossing Ltd. Qwest eventually won the battle, acquiring U S West for about $43.5 billion in stock in 2000. 6312 Fiddlers Green Circle | Suite 600 North Greenwood Village, Colorado 80111 | 303-600-3400. Establish meaningful relationships across the executive teams and Board of Directors to champion . [50] He heads the Anschutz Foundation, and was listed 41st on the Forbes 400 list in October 2019, with a net worth of $11.5 billion. Anschutz attempted to build Forest Oil into a major independent oil company through mergers and acquisitions. Anschutz also foresaw that Southern Pacific would be far more valuable intact than in parts, especially after industry consolidation proceeded to its endgame when one of the western railroads, in order to remain competitive, would pay dearly for SP. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. (303) 724 - 1039 |claire.mcdonald@cuanschutz.edu. In the initial years after the purchase, Rio Grande Industries struggled to overcome its huge debt load, which had led to $100 million-plus interest payments each year, as well as the decline in SP's traditional accounts in auto parts, lumber, and food; increased competition from Union Pacific and Santa Fe; and more rigorous safety inspections in California, where SP trains were involved in two chemical spills in July 1991. In November 1993, he became Director and Chairman of the Board of Qwest, stepping down as a non-executive co-chairman in 2002 but remaining on the board. Should You Buy Philip Morris Stock Over Its Sector Peer? Anschutz Entertainment Group. Anschutz purchased cattle ranches, uranium and coal mines, and wheat and vegetable farms, and launched a New York-based commodity trading company specializing in oil and metals. of Medicine. Anschutz is the son of Fred and Marian Pfister Anschutz. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Amid speculation that he would be better off breaking up SP and selling it piecemeal (Krebs of the Santa Fe still coveted much of the SP line and approached Anschutz about a deal several times without success), Anschutz told Forbes: 'I said in my original ICC filing that we would turn this railroad around; I'm in it for the long haul.' He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. In his first year, he reduced the labor force by more than 3,000 to about 19,000 jobs. As consumers, we often take for granted all the hard work that goes into building a great company. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. Search over 700 The Lakers, the Kings, and another NBA team, the Los Angeles Clippers, began playing in what became the $400 million, 20,000-seat Staples Center in the fall of 1999. In July 1996--despite opposition from the U.S. departments of Justice, Transportation, and Agriculture; from such rival railroads as Kansas City Southern and Consolidated Rail; and from the governor of Texas, George W. Bush--the STB approved the merger in July 1996, with the only major stipulation being that UP grant trackage rights for about 4,000 miles of track to Burlington Northern Sante Fe. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . Closing was expected in October 2011. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. The The Anschutz Corporation management team includes Dan Eppich (Chief Information Officer (CIO)), Matt Anctil (Vice-President, Enterprise Leader), and Angela McLean (Vice President - Business Services) . By the early 21st century, Anschutz had an estimated net worth of more than $16 billion. 1 of 2. sponsored research, or use of capabilities at the Anschutz Medical Campus, such as the Drug Discovery Center or the Gates Biomanufacturing Facility. in law from Northwestern University, and most recently an MBA from the University of Notre Dame. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. in UKs Colleges of Pharmacy and Medicine. Beginning in 1987, the railroad operated a sleepy subsidiary called SP Telecommunications Company, which installed fiber-optic cable along its tracks for the use of the railroad and for telephone companies. He also began securing the rights to lay cable along the tracks of other railroads, eventually gaining agreements to lay cable along 40,000 miles of railway. St. James Press, 2001. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. The employee data is based on information from people who have self-reported their past or current employments at The Random Acts of Kindness Foundation. Prior to joining Anschutz, Heather started her own consulting company, Divetank For this reason, Anschutz has been called the man who saved MLS. New ownerPhilip Anschutz: He has interests in energy, publishing, railroads and entertainment. Previously, Kimberly started and sold companies in the biotech, tech, and clean energy fields, companies included Curagen Corporation (acquired by Celldex Therapeutics), 454 Life Science (acquired by Roche), and Arbor Fuel, a biofuel company Anschutz owns more than half of the company, and multiple newspapers and media groups. She also manages several funds, including an innovation Jordan Ross serves as Research Counsel at the University of Colorado Denver Anschutz Medical Campus working primarily with the CU Innovations team on protecting the Universitys intellectual property. Colorado Womens Bar Association. Headquartered in Franklin, Tennessee, Nissan North America, Inc. has expertise across the region in research and development, vehicle exports, automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Anschutz spotted a huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility of profiting from dealmaking. Anschutz has invested in, for example, the Clarity Media Group, a Denver-based publishing group that includes[28] newspapers such as The Oklahoman, the largest newspaper in Oklahoma; The San Francisco Examiner (purchased in 2004, sold in November 2011); The Washington Examiner, a right-wing weekly tabloid that was consolidated from group of D.C.-area suburban dailies; The Baltimore Examiner, which launched in April 2006 and was shut down in early 2009; the now-closed Examiner.com, a hyper-local web portal where contributors wrote on local topics from news to blog-like stories; the conservative Weekly Standard (purchased in 2009);[29] and The Gazette, Colorado's second-largest newspaper, with a daily circulation of 74,172 (purchased on November 30, 2012)[30] (Anschutz has trademarked the name "Examiner" in more than 60 cities.). In March 2012, it was reported that Anschutz was interested in buying the Rangers. . Source: International Directory of Company Histories, Vol. He was nearly ruined by a disastrous coal mining investment before managing to sell the money-losing mines to an electric utility. - Act as . Prior to joining the University Here's why it was my top pick. Org Chart Anschutz Entertainment Group - The Official Board Although the company should benefit from continued pricing growth, forex headwinds and continued supply chain pressure is likely to weigh on the overall revenue growth. Anschutz hired Moyers as chief executive, and Moyers immediately focused on Southern Pacific's operating ratio, which stood at 96.5 percent in 1993. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. Anschutz invested in both the Oil & Gas Asset Clearinghouse, an auction company designed for the oil & gas business, and NRC Broadcasting, which owns a string of radio stations in Colorado. Don holds a Master of Business Administration (MBA) completed in 2021, a Master of Divinity (MDiv) completed in 2015, and a Bachelor of Science in International Business and Language (BSIBL) completed in 2009 through the University of Emily joined the CU Innovations team in May of 2021 as a Project Manager. Although SP was still in weak financial condition, Moyers had managed to make a number of improvements, and in February 1995 he once again retired. Accredited by the Higher Learning Commission. permission only. He is the majority owner of the NHL's Los Angeles Kings, with a stake in the MLS's Los Angeles Galaxy, plus he owns the Crypto.com Arena, where the Kings play. These efforts will "put CU Anschutz on the map in the field of cell and gene therapy," Fry said. In 1996 and 1997 Forest Oil acquired two Canadian exploration and production companies, Saxon Petroleum Inc. and ATCOR Resources Ltd. Forest Oil then purchased some of Anschutz's oil and gas properties in 1998 for about $80 million in stock. His grandfather, Carl Anschutz,[6] was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell. The rail systems of Burlington Northern and the Sante Fe scarcely had any overlap, while the merger of SP and UP would eliminate competition on certain runs, most notably in Texas and between Colorado and California. You want to own it. Anschutz grew up in Russell, as did Bob Dole. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. Although the initial offering price was estimated at $20 per share, the actual price of the shares as issued was $13.50. [15] The U.S. Securities and Exchange Commission and the U.S. Department of Justice extensively investigated Qwest officials and determined there was no justification for taking action against any board member. [52] In recognition of their philanthropic efforts, the Anschutzes received the 2009 William E. Simon Prize for Philanthropic Leadership. grant fund, and a nearly $50 million venture fund. In 2010, he donated 400 masterpieces by the likes of Frederic Remington to create the American Museum of Western Art in Denver. Meet the Team - Anschutz Medical Campus In 1997 Anschutz and Roski inked a deal to build a state-of-the-art sports arena in Los Angeles that would become the home ice for the Kings. (UK) Office of Technology Commercialization (OTC) for about 3 years, where his primary responsibilities included assessment, marketing and licensing of intellectual property in the life sciences area focusing on innovations developed Reflects change since 5 pm ET of prior trading day. Last edited on 19 November 2022, at 00:28, The Broadmoor Manitou and Pikes Peak Cog Railway, "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company? Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. The Anschutz Corporation and its affiliates, including Anschutz Company and Anschutz Investment Company, are the investment vehicles for the diversified interests of Philip F. Anschutz. Frank Smith is President and Chief Executive Officer of Anschutz Film Group (AFG) and Walden Media. Craig D. Slater also serves as the Executive Vice President of Anschutz Corporation and Anschutz Company since May 1999. From Struggling Wildcatter to Billionaire Dealmaker: 1960s--Early 1980s. [14] Thomas G. Kundert also serves as Treasurer of Anschutz Corporation. Overall, on-time deliveries were up by more than 50 percent in his first year. [44][45][46] Anschutz contributed $1 million to conservatives during the 2016 U.S. elections, and $200,000 to Republican politicians and political action committees during the 2017 elections. Why is a big oil company investing huge amounts of money in Wyoming No one could say if any of these ventures would turn into another billion-dollar payoff, but after the naysayers were proved very wrong when they had questioned Anschutz's forays into railroads and telecommunications, few people were willing to bet against him. In one-on-one interviews, Rubenstein. in pharmaceutics from Long Island University, an M.S. This heavy debt load, coupled with competition from the Union Pacific line and several lost coal-hauling accounts, led to an approximate revenue loss of 20 percent over the first four years under Anschutz and a net loss of $1.8 million over an 11-month period in 1987 and 1988. Anschutz retained an 84 percent stake in Qwest, whose stock soared from $22 per share at offering to more than $50 by the end of 1997. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. AISAN Group (Americas) About AISANAISAN INDUSTRY CO., LTD. In September 2021 Angie joined the CU Innovations team, managing marketing and graphic design needs of the department, including social media initiatives. When the huge oil field caught fire soon after its discovery, Anschutz averted disaster by persuading the famed oil-fire fighter Red Adair to take on the blaze despite Anschutz's shaky finances, and by securing $100,000&mdash-ough to tide him over until he could get financing from his bankers--from Universal Studios. Print or download. [61] Anschutz has run 15 marathons. Before relocating to Colorado, Heather was Average salary for Robertson, Anschutz, Schneid, Crane & Partners Executive Recruiter in Smiths Falls: CA$42,185. Finally, in November 1995 Union Pacific filed an application with the ICC to acquire Southern Pacific. Corporate Information About Nissan | Nissan USA of industries, including legal, medical and real estate, her strengths lie in communication and conceptualization. He has also been a director for Pacific Energy Partners and served on the boards of the American Petroleum Institute in Washington, D.C. and the National Petroleum Council in Washington, D.C. The Anschutz Corporation Management Team | Org Chart - RocketReach Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. of strategic industry partnerships, and the development of long-term growth strategies for CUI. from the University of Colorado Law School and a Ph.D. in Biochemistry and Molecular Biology from the University of North Texas. Large-scale industry collaborations have been established in areas such as AI and drug development. Bachelor of Arts/Science, University of Kansas. Florida. We'd love to hear from you! In the fall of 1996, perhaps not coincidentally soon after Union Pacific's takeover of Southern Pacific was consummated, Qwest announced that it planned to develop a nationwide fiber-optic network, using the most advanced technology and offering the highest capacity of any U.S. telecommunications network. [42], Anschutz has donated to conservative causes and groups that are anti-LGBTQ and anti-abortion. Philip Plein And Snoop Dogg Collaborate On A New Blinged-Out Sneaker, Philips Norelco Multigroom 9000 Review: The Most Versatile, Powerful Beard Trimmer, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Signal Hire. Javascript is disabled in your web browser. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. www.aegworldwide.com. Additionally, Raja is a graduate of Steve Blanks Lean Launchpad Program for Life Sciences and has advised multiple startup companies, including coaching teams through business plan competitions. The headquarters is in Denver, Colorado. . List of The Anschutz Corporation employees - SignalHire Moyers also sought to bolster Southern Pacific's equipment through the purchase of new locomotives, the rebuilding of existing locomotives, and better maintenance of both trains and track. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. (303) 724 - 3720 |chad.stanker@cuanschutz.edu. The Rio Grande's small size and its position as a bridge carrier (providing connections between other rail lines) led Anschutz to pursue the acquisition of the railroad giant Southern Pacific (SP) in an attempt to save the much smaller Rio Grande. Denver, Colorado, United States. Through ASM Global (formerly AEG), he owns stakes in venues including Crypto.com Arena and O2 Arena. Doreen has also previously worked as a research assistant at the University of Colorado in the Department of Pediatric Hematology and Oncology as well as a teacher of high school biology. ", "Coachella owner personally gave $187,300 to Republican candidates and Super PACs in 2017", https://s3.documentcloud.org/documents/3517036/Anschutz-recommends-Gorsuch.pdf, "Colorado trio eyed for U.S. appeals bench", "Anschutz Library celebrates 25th anniversary | Libraries", "AEG Chairman Phil Anschutz Donates $1 Million to Elton John AIDS Foundation", "BUSINESS PEOPLE BUSINESS PEOPLE Anschutz Founder Shuns Limelight", "New owner is reclusive, a conservative Christian", "Contemporary Honors Award Recipient 2000 - School of Business | Emporia State University", "Junior Achievement U.S. Business Hall of Fame", MLS founders reflect on 20 years of Major League Soccer, "Bloomberg Billionaires Index - Phil Anschutz", "Golden Plate Awardees of the American Academy of Achievement", "Philip Anschutz, Chairman and CEO, The Anschutz Corporation, Denver, CO", Horatio Alger Association of Distinguished Americans, https://en.wikipedia.org/w/index.php?title=Philip_Anschutz&oldid=1136023653, 2017 - Native Sons and Daughters of Kansas "Kansan of the Year", This page was last edited on 28 January 2023, at 08:11. [51], Anschutz and his wife have contributed over $100 million to the new medical, dental, nursing, and pharmacy campus of the University of Colorado School of Medicine in Aurora, Colorado, now named the Anschutz Medical Campus in their honor. innovation management, forming key strategic industry partnerships, and licensing. Doreen holds a Master of Science from the Colorado School of Mines in Applied Chemistry and a Bachelor of Arts from the University of Colorado in Biochemistry. UP suffered from highly publicized difficulties integrating SP, resulting in massive gridlock in the summer of 1997 and extending into 1998; it was estimated that by March 1998 delays in UP shipments had cost rail customers about $1 billion in curtailed production, reduced sales, and higher shipping costs. Reveal contacts of top The Anschutz Corporation managers and employees. development and external innovation partnership opportunities with our healthcare system partners. Prior to CU Innovations, million verified professionals across 35 million companies. The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. In this role, she administers the vision, strategy, and goals of the SPARK|REACH Program. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. Black, Bruce F. (January 12, 2006). Maryland. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. All Rights Reserved. To fund the cost of constructing the massive network--initially estimated at $1.4 billion--Qwest in 1996 reached an agreement with Frontier Corporation, whereby Frontier, at the time the number five U.S. long distance company, would invest $500 million in Qwest in exchange for the right to 25 percent of the capacity of the Qwest network for the following 50 years. The Anschutz Corporation Overview | SignalHire Company Profile Forbes Vetted deals writer Jordan Thomas says Philips' SmartSleep Sunrise Alarm Clock has transformed her morning routine. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. [25] He owns a stake in the Dignity Health Sports Park, the stadium for the MLS team LA Galaxy and former MLS team Chivas USA. His Anschutz Entertainment Group operates more than 350 owned or affiliated arenas and concert venues worldwide. The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. industry outreach and operational support. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. Illinois. Today, the Denver-based corporation controls the Washington . On September 18, 2012, Anschutz announced he was putting AEG up for sale, but he decided not to accept[20] any of the bids, and on March 14, 2013, took AEG off the market. Richard holds a J.D. In 1998 the company became the number four long distance company in the United States through a $4.4 billion stock-swap purchase of LCI International. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. Anschutz Corp. purchased the Rio Grande's parent, Rio Grande Industries, Inc., for $500 million, $90 million of which was in cash and the remainder in loans. [55] A member of the Evangelical Presbyterian Church, he is a conservative Christian. Gary Pierson - Executive Vice President - The Anschutz Corporation Site contents copyright 2009-2023 Power Company of Wyoming LLC unless otherwise noted. The company began offering its own long distance service to business customers in the Southwest in 1993. TropiGol Sports, Anschutz saved MLS from extinction, September 19, 2012. Department of the Treasury. Anschutz Entertainment Group - Wikipedia
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