This site works best when Javascript is enabled. Org Chart Anschutz Entertainment Group - The Official Board Texas. [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. Robertson, Anschutz, Schneid, Crane & Partners Executive Recruiter permission only. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. There were now just three major rail companies in the western United States: Southern Pacific, Union Pacific, and the newly named Burlington Northern Sante Fe, which was about the size of the other two combined. The Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. Campus, he has worked both with the PreAward Shared Services team under the Dean's Office within the School of Medicine and as the Research Budget and Grants Manager for the Division of Gastroenterology and Hepatology in the Department Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. The Chronicles of Narnia: The Lion, the Witch and the Wardrobe, U.S. Court of Appeals for the Tenth Circuit, University of Colorado School of Medicine, William E. Simon Prize for Philanthropic Leadership, "chemistrydaily Resources and Information", "The Aspen 50 Forbes billionaires in Pitkin County", A Standard History of Kansas and Kansans, by William E. Connelley, Contemporary Honors Award Recipient Philip Anschutz, "The real king of the Los Angeles Kings: mystery billionaire Philip Anschutz", "Billionaire Next Door Philip Anschutz may be the richest American you've never heard of. Counsel staff, Ms. Ross was a litigator with Messner Reeves in Denver. This Colorado-related article is a stub. Board. Black, Bruce F. (January 12, 2006). SellerChristy . Following these sales, Anschutz owned 41 percent of the shares outstanding. Philip Frederick Anschutz ( / nuts / AN-shoots; born December 28, 1939) is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and music. [18] In 2011, it was announced that Anschutz had purchased the Oklahoma Publishing Company, and as part of their assets The Broadmoor and the Manitou and Pike's Peak Railway in Colorado Springs and Manitou Springs respectively.[19]. *. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. Prior to CU Innovations, Greater Denver Area. None of the information on this page has been provided or approved by The Random Acts of Kindness Foundation. 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 She is thrilled to bring her skills to the CU Innovations team. Xanterra purchased the resort from Busch Properties, Inc. (BPI). The Anschutz Exploration Corporation subsidiary has continued the original business of discovering and developing oil and gas wells, with particular focus on projects in Colorado, Utah and Wyoming. * I understand and agree that registration on or use of this site constitutes agreement. Illinois. For several years, Anschutz was Colorado's sole billionaire. [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. Her career at Anschutz began in 2013, when she began working for the Gates Center 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? 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. Get the latest business insights from Dun & Bradstreet. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. to joining the CU Innovations team, Doreen was a licensing coordinator at the National Renewable Energy Laboratory, where she focused on the active marketing of technologies and management of NRELs diverse software portfolio. Bloomberg Wall Street Week, hosted by David Westin, is a reinvention of the iconic Wall Street Week, which aired on PBS for over 30 years and was hosted by late financial journalist Louis Rukeyser. Claire has a Bachelors degree in biochemistry from Trinity College Dublin, a PhD in neuroscience from Innsbruck Medical University, and a certificate in project management from the International Project Management Association. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. Mid-1990s and Beyond: Exit Railroads, Enter Qwest and Sports, Reenter Oil. The Anschutz Investment Company also purchased LightEdge Solutions in February 2008. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. In the end, Anschutz sold the land underneath what would eventually become the Pepsi Center to Ascent for top dollar; he would also turn away from Denver and seek his entre into the sports world to the west, in Los Angeles. He has aBachelor of Psychology from Texas Tech University, (303) 724 - 3720 |lindley.pagels@cuanschutz.edu, Correspondence, scheduling, and directions, (303) 724 - 3720 |angie.hegel@cuanschutz.edu. To reduce the debt load, Anschutz sold large portions of Southern Pacific's vast real estate holdings, more than $1 billion worth by the end of 1991 and nearly $400 million in 1992 alone. It was Fred Anschutz who founded the Anschutz Corporation, incorporating it in 1958. Investor interest in Southern Pacific increased in the several months that followed, so that by February 1994, when a second stock offering of 25 million shares was initiated, they sold for $19.75 per share. He was also a director of Forest Oil Corporation beginning in 1995. from the University of San Diego School of Law, and completed a Post-Doc at Harvard Medical School after earning her Ph.D. in Biochemistry All Rights Reserved. While at UK, Raja planned and moderated a five-part Drug Repurposing short course webinar series, which brought together various experts from across the US and Europe as guest speakers. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. development and external innovation partnership opportunities with our healthcare system partners. Mikes responsibilities include the formation and management Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. 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. His work spans the intersection of internal venture LightEdge is a business-to-business hosted services provider focused on Wide-Area-Networking, Voice-over-IP, Hosted Microsoft applications (Exchange, OCS, SharePoint), hosted servers/storage collocation cage and rackspace and Business Continuity Services. In 1995 Anschutz purchased a 40 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company founded in 1916, for $45 million. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. 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. 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. Zippia gives an in-depth look into the details of The Random Acts of Kindness Foundation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Random Acts of Kindness Foundation. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. The Anschutz Corporation Overview | SignalHire Company Profile Similar to many other takeovers of the 1980s, Anschutz engineered a highly leveraged purchase in which Rio Grande Industries paid Santa Fe Industries just over $1 billion in cash, most of it borrowed, for SP, assuming more than $700 million in SP debt. her law career at Lyon & Lyon, LLP. "[37], Anschutz supported the Parents Television Council, a group that protests against television content that they consider indecent. [48][49], Anschutz is an active philanthropist. From Struggling Wildcatter to Billionaire Dealmaker: 1960s--Early 1980s. 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. Lorem ipsum dolor sit, amet consectetur adipisicing elit. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. We'd love to hear from you! " * " indicates required fields. Editor in Chief Stephen Hayes had initially been cleared to find a buyer but after a venture capital firm agreed to broker any future deal, Anschutz withdrew permission and decided to effectively kill the company in order to harvest its subscribers. 573 followers 500+ connections. Philip Anschutz - Forbes Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. The $1.4 billion figure was an astounding gain on what had essentially been Anschutz's initial cash investment (in the Denver & Rio Grande Railroad) of $90 million. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! While his ventures into telecommunications and sports grabbed most of the headlines in the second half of the 1990s, behind the scenes, Anschutz became increasingly active in the industry in which he made his first fortune, petroleum. Find company research, competitor information, contact details & financial data for The Anschutz Corporation of Saratoga, WY. 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Moyers had retired after a very successful four-year stint at Illinois Central, where he cut its operating ratio (operating expenses as a percentage of revenues) from 98 percent to 71 percent. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. Sep 16, 2011 Updated Aug 31, 2020. Enter employee name to find & verify emails, phones, social links, etc. Executive Vice President at The Anschutz Corporation Denver, Colorado, United States. The Anschutz Corporation United States employs 64 employees. As trade between the United States and Mexico increased in the early 1990s, SP seemed best positioned to profit from it with its six Mexican gateways in California, Texas, and Arizona. Anschutz Entertainment Group - Wikipedia It was also speculated that Anschutz envisioned synergies between Qwest and his sports activities, specifically the possibility of using the high-tech electronics that were installed in the Staples Center to transmit high-definition images of sporting events over the Qwest network to television sets and computers. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. products. Executive Vice President The Anschutz Corporation Sep 2010 - Present12 years 5 months Chief Strategy Officer AEG Mar 2013 - Present9 years 11 months Greater Los Angeles Area Managing Director. Dan E. - Chief Information Officer (CIO) - The Anschutz Corporation He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. 0. Mike McGarry is the Director of Business Development at CU Innovations where he leads the business development team for the University of Colorado Anschutz Medical Campus. Claire has conducted research on the immune response in neurological disorders and developed a prodromal diagnostic test for Alzheimers disease. Meanwhile, the U.S. Congress, under full Republican control for the first time in decades, was considering the abolition of the ICC and its replacement by a more industry-friendly Surface Transportation Board (STB). [47], In 2006, a lawyer for Anschutz wrote a letter to President George W. Bush's White House Counsel Harriet Miers recommending Neil Gorsuch to the newly vacant seat on the U.S. Court of Appeals for the Tenth Circuit after The Denver Post reported that Gorsuch was not actively being considered for the vacancy. He joined CU Innovations with over 20 years of experience in the pharmaceutical and biotech industries, spanning functions such as business development, marketing, sales, market research, IT systems and finance. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. There is an Anschutz Library and an Anschutz Sports Pavilion. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). grant fund, and a nearly $50 million venture fund. We see them around but we don't know what goes on behind the scenes. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. . [38] He also financed and distributed films with Christian themes for mass audiences (through his two film production companies and ownership of much of the Regal, Edwards and United Artists theater chains) including Amazing Grace and The Chronicles of Narnia: The Lion, the Witch and the Wardrobe. When you see what can be done, the possibilities, you want to be involved in something. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. [52] In recognition of their philanthropic efforts, the Anschutzes received the 2009 William E. Simon Prize for Philanthropic Leadership. 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. Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich [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. Through AEG Live, it owns the Coachella Valley Music and Arts Festival. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). learn how over 7,000 companies got started! University of Central Oklahoma . She is a member of the Doyle Inn of Court and the Emily has worked on the Anschutz Medical Campus for over 7 years in the Department of Emergency Medicine and the Department of Pediatrics, performing clinical operations and medical education program management. Department of the Treasury. The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. Now's your chance to pick it up for nearly half off. 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. (303) 724 - 1039 |claire.mcdonald@cuanschutz.edu. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. Anschutz Corp/ Kansas - Company Profile and News from the Medical University of South Carolina and a B.A. +1 213 763 7700. In March 2012, it was reported that Anschutz was interested in buying the Rangers. ", "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. Anschutz hired Moyers as chief executive, and Moyers immediately focused on Southern Pacific's operating ratio, which stood at 96.5 percent in 1993. You want to own it. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. Oklahoma. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. He had also purchased a substantial amount of the debt of the financially troubled United Artists Theatre Corp., one of the largest owners and operators of movie theaters in the country. Then in a prime example of his exquisite timing, Anschutz sold a half-interest in the mineral rights on his ranchlands to Mobil Corporation for $500 million in 1982, not long before the 1980s oil crash. Gabe provides due diligence analysis for internal and external innovation partnership opportunities. [23] He has since sold his stake in the Chicago, Denver, Houston, New York, San Jose and D.C. MLS teams and now owns only the Galaxy. As always, Anschutz had several irons in the fire. The Anschutz Corporation. (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 Related by education: University of Kansas. Anschutz also bought three professional soccer teams, the Los Angeles Galaxy, the Colorado Rapids, and the Chicago Fire, all part of Major League Soccer, which Anschutz owned a part of as well. 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. In 1999, Fortune magazine compared him to the 19th-century tycoon J.P. Morgan, as both men "struck it rich in a fundamentally different way: they operated across an astounding array of industries, mastering and reshaping entire economic landscapes.". They donated its leases for oil and gas rights to the National Trust for Historic Preservation, which has pledged to let the leases expire, and the Bureau of Land Management said it had no plans to permit further leases there and would consider formal withdrawal of the 4,268-acre (17km) site from mineral leasing in its 2004 management plan. Xanterra holds the franchise rights to operate resorts inside several major national parks including Crater Lake (Crater Lake Lodge), Death Valley (Oasis at Death Valley), and the Grand Canyon (Bright Angel Lodge, El Tovar Hotel, Maswik Lodge and Phantom Ranch). [31], It was announced on September 15, 2011, that Anschutz would acquire all assets of the Oklahoma Publishing Company (OPUBCO) from the Gaylord and Dickinson families. Start free trial. N-2. 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. In this role, she administers the vision, strategy, and goals of the SPARK|REACH Program. N-1. [42], Anschutz has donated to conservative causes and groups that are anti-LGBTQ and anti-abortion. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. Claire has been with the University of Colorado Anschutz Medical Campus since 2018. Executive Vice President and Chief Mission Integration Officer, Ascension. Anschutz was instrumental in several MLS initiatives that have grown the league's revenues and profits. With 20+ years of experience in art direction and advertising for a wide range [12], In May 2003, New York Attorney General Eliot Spitzer reached a settlement with Anschutz after filing a civil complaint accusing Anschutz of accepting IPO shares from Salomon Smith Barney in exchange for Qwest's investment banking business. He is the majority owner of the NHL's Los Angeles Kings,. Donald Trumps real net worth? Emerging seemingly out of nowhere to replace Southern Pacific as Anschutz's key venture was Qwest, a company whose lineage came straight out of Southern Pacific. At that time, Philip Anschutz was in college at the University of Kansas, where he earned a bachelor's degree in finance, with honors, in 1961. Kimberly has a graduate degree in Genetics, and received her law degree with highest honors from the University of Connecticut School of Law. He was also Assistant Director of Venture Capital Analytics with the Rockies Venture Club where he helped in create due diligence reports for angel investors in the RVC network. Up to 5 In recognition of its preservation efforts, The National Trust for Historic Preservation presented its President's Award to the Anschutz Exploration Corporation. Originally funded by the oil and gas holdings of his father, Anschutz, who consistently shuns publicity, quietly became a billionaire in the early 1980s as a result of his oil and gas exploration ventures. Lorem ipsum dolor sit amet consectetur adipisicing elit. Overall, on-time deliveries were up by more than 50 percent in his first year. The TransWest development team includes: Bill Miller, President and CEO; Roxane Perruso, Executive Vice President and COO; Kelly Cummins, Vice President, Land and Environmental Affairs It is also the owner of entertainment venues and under AEG Live the world's second-largest presenter of live music and entertainment events after Live Nation. They have also donated to the University of Kansas, their alma mater. Who is Anschutz Exploration Corporation Headquarters 555 17th St, Denver, Colorado, 80202, United States Phone Number (303) 298-1000 Website www.anschutz-exploration.com Revenue $29.4M Industry Electricity, Oil & Gas Energy, Utilities & Waste Treatment Anschutz Exploration Corporation's Social Media Is this data correct? Emily joined the CU Innovations team in May of 2021 as a Project Manager. Through a restructuring, it was possible that Anschutz could wind up as the largest shareholder of United Artists, and would have done so on the cheap. 2022The Regents of the University of Colorado, a body corporate. Benjamin Ryder - Security Program Manager - The Anschutz Corporation His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. Corporate Information About Nissan | Nissan USA In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. Denver, Colorado, United States. The relationship with Oxford-AnsCo soured when Anschutz gained the vast real estate holdings of the Denver & Rio Grande Railroad in 1984 and wanted to begin to develop real estate on his own rather than through the Oxford partnership. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. Amoco attempted to buy Anschutz's mineral rights but he refused. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. Anschutz's strategy appeared to be working as an operating loss of $347.7 million in 1991 had been reduced to $24.6 million in 1992. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. The following year, Anschutz was days away from his first day of classes at the prestigious University of Virginia law school, when his father became ill; he returned home to take over the family businesses, including Anschutz Corporation and the oil wildcatting company, Circle A Drilling.