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. Prior to joining the University Counsel staff, he practiced at Baker McKenzie The company behind TransWest, Anschutz Corporation, amassed a fortune in the 20th century in the oil-rich shale deposits of Wyoming. Environmental groups, preservationists, and ten Native American tribes appealed the decision without success. Add an executive. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. Closing was expected in October 2011. Gali has a PhD in Biomedical Engineering from Northwestern University, a Bachelors in Materials Science Engineering from Cornell University, and a certificate in Management for Engineers and Scientists from the Kellogg School of Management. 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. Consistently ranked as the richest person in Denver, Anschutz became better known nationally in the late 1980s and early 1990s for acquiring railroad lines, including the small Rio Grande Railroad and a railroad giant, Southern Pacific Rail Corporation. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. Should You Buy Philip Morris Stock Over Its Sector Peer? $2.5 billion, according to our most recent tally. Doreen specializes in the marketing and licensing of innovative, high-impact technologies in order to transition them from the lab bench to the commercial market. Prior to Genentech, he held roles across start-up companies and large companies She has a Masters in Human TEL +1-248-522-9717 FAX +1-248-864-2537. 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. Site map Terms of Use Privacy Policy, Background information and answers to various local inquiries and issues, Learn about responsible energy development, Get the latest information about the project, Project contact information for the community, media and suppliers, BLM site: Chokecherry/Sierra Madre project, USFWS CCSM Project environmental analysis, American Clean Power Association news and resources, Roxane Perruso, Executive Vice President and COO, Kelly Cummins, Vice President, Land and Environmental Affairs, Lisa Christian, Vice President and General Counsel, Ryan Jacobson, Vice President, Engineering and Construction, Kara Choquette, Director, Communications and Government Relations, David Fuller, Director, Business Development, Industry-leading consultants and advisors. 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. She also worked at two biotech companies in California, Hollis-Eden Pharmaceuticals, Inc. and Genset Corporation, after beginning Join our email list to receive periodic updates and meeting notifications. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Donald Trumps real net worth? Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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 For this reason, Anschutz has been called the man who saved MLS. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. He also invested in the Power Company of Wyoming LLC,[32] formed in 2007[33] (re-incorporated in 2010)[34] for the purpose of building the Chokecherry and Sierra Madre wind power complex in Carbon County, Wyoming, comprising up to 1,000 wind turbines with up to 3,000 megawatts of capacity. By the early 21st century, Anschutz had an estimated net worth of more than $16 billion. of industries, including legal, medical and real estate, her strengths lie in communication and conceptualization. Bill Miller, President and CEO Roxane Perruso, Executive Vice President and COO Kelly Cummins, Vice President, Land and Environmental Affairs Lisa Christian, Vice President and General Counsel Ryan Jacobson, Director, Engineering and Construction, Wind Energy Kara Choquette, Director, Communications and Government Relations 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. Gabe provides due diligence analysis for internal and external innovation partnership opportunities. St. James Press, 2001. Frank Smith is President and Chief Executive Officer of Anschutz Film Group (AFG) and Walden Media. in the US and Brazil. Still, that the offering was successful at all was attributed by many to the hiring of Moyers. The data presented on this page does not represent the view of The Random Acts of Kindness Foundation and its employees or that of Zippia. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. sponsored research, or use of capabilities at the Anschutz Medical Campus, such as the Drug Discovery Center or the Gates Biomanufacturing Facility. 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. of Medicine. TropiGol Sports, Anschutz saved MLS from extinction, September 19, 2012. Prior to moving 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. Director of Investments [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. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. 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. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. Xanterra purchased the resort from Busch Properties, Inc. (BPI). 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. Over the next few years, Qwest grew rapidly through acquisitions. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. 24387 Halsted Road, Farmington Hills, Michigan 48335, USA. [48][49], Anschutz is an active philanthropist. The Anschutz Corporation employs 8 employees. Doreen joined CU Innovations in May of 2017 as a licensing associate. [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. Denver, Colorado, United States. Instead, he expanded his holdings of what became known as the Overthrust Belt, acquiring leases on ten million acres. Anschutz Exploration Corporation Profile and History. When you see what can be done, the possibilities, you want to be involved in something. Founded in 1965, The Anschutz Company is an oil and gas company that has projects in the Powder River and Washakie Basins of Wyoming, the Piceance and DJ Basins of Colorado, and the Unita Basin of Utah. 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Second, Moyers focused on service to SP's customers, putting pressure on his subordinates to improve the operations. 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. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. 2023 Forbes Media LLC. Part of this came in the form of stakes of more than five percent each he gained in Union Pacific (a stake initially worth about $700 million) and in Union Pacific Resources Group Inc., a leading independent oil and gas exploration and production company that was spun off from Union Pacific in 1995 and 1996 (the stake in the latter was worth about $300 million). In May 2001, the Bush administration upheld Anschutz's right to drill an exploratory oil well at Weatherman Draw in south-central Montana, where Native American tribes wanted to preserve sacred rock drawings. [21], In 2012, SportsBusiness Journal named Anschutz the fifth most influential person in sports business in its annual survey of the "50 Most Influential People in Sports Business. All trademarks are registered property of the University. [62], His first cousin was fellow Russell native and longtime news anchor Wendall Anschutz. [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. 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 [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. 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. SP Telecom continued digging trenches along the tracks and laying fiber-optic cable, then leasing the lines to such telecommunications firms as AT & T and MCI. Executive Vice President: Colorado, USA cxxxxxxn@gmail.com: Adam Brewer: Technical Support Manager: Colorado, USA . 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. It is the world's largest owner of sports teams and sports events. New ownerPhilip Anschutz: He has interests in energy, publishing, railroads and entertainment. In another effort to reduce the debt load, 30 million shares were offered in August 1993. None of the information on this page has been provided or approved by The Random Acts of Kindness Foundation. The land came from the recently closed Fitzsimons Army Medical Center, but millions were needed for the construction of new medical laboratory buildings and a new University Hospital on the land. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. Anschutz's first major venture into real estate began when he secured a 30 percent interest in all projects developed by the Oxford-AnsCo Development Co.--a subsidiary of a leading Canadian development company, Oxford Properties Inc.--for $1 million and downtown property owned by Anschutz in Denver and Colorado Springs. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. [35][36] According to the Bureau of Land Management, which on July 2, 2012, announced the completion of the project's final Environmental Impact Statement, "Chokecherry and Sierra Madre are two distinct sites approximately five miles apart which are both being analyzed together. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. Craig D. Slater also serves as the Executive Vice President of Anschutz Corporation and Anschutz Company since May 1999. [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]. 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. 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.". In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. [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. The following year the partners purchased a 25 percent stake in the Los Angeles Lakers, one of the premier teams of the National Basketball Association. 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. The Anschutz Corporation United States employs 64 employees. [7] He also lived in Wichita, and Hays, Kansas. N-2. Chad manages our innovations database and conducts analysis for the department. Jul 2020 - Present2 years 8 months. Customer inquiries are best handled by calling 800-647-7261. Power Company of Wyoming LLC is a wholly owned affiliate of The Anschutz Corporation, a privately held company based in Denver. In March 2012, it was reported that Anschutz was interested in buying the Rangers. 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. By the early 1980s, Oxford-AnsCo had developed several major skyscrapers in Denver, including the 56-story Republic Tower and the 39-story Anaconda Tower, worth an estimated $250 million. 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. By 1995 railroad industry consolidation was reaching a crescendo, with the number of major railroads having been reduced from 40 in 1980 to ten, and with the completion of the merger of Burlington Northern and the Sante Fe. 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. He started testing his business acumen early: a six-year-old Anschutz sold Kool-Aid on a nearby college campus using a wheeled stand he built. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. Angie strives to incorporate current design trends and develop strategic marketing materials to accurately convey targeted Finally, we can read about how these great companies came about with Company Histories.. Through its affiliates, The Anschutz Corporation has been actively involved in the West for more than 75 years in the fields of ranching, agriculture, energy development and distribution, and more. . 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. The Anschutz Corporation. In 1970, Anschutz bought the 250,000-acre (1,000km) Baughman Farms, one of the country's largest farming corporations, in Liberal, Kansas, for $10 million. Project purpose Wyoming wind Wind farm appearance Timeline Company. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. 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. 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. [23] In 2006 SportsBusiness Journal ranked Anschutz the most influential person in soccer in the U.S.[24] Anschutz was one of the founders of Major League Soccer and owned several teams for periods of time, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, D.C. United, and the New York/New Jersey MetroStars. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. With 20,000 miles of track thoroughly covering the West Coast and a line through the southern United States to the Mississippi River, the SP was even more attractive to Anschutz for its connections to the Rio Grande lines in Kansas City and Ogden, Utah, making for a synergistic coupling. in UKs Colleges of Pharmacy and Medicine. [40] In 2010, he financed the pro-charter school film Waiting for Superman. Greater Denver Area. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. Santa Fe Industries Inc. had purchased Southern Pacific in 1983 with the intention of merging SP with the Atchison, Topeka & Santa Fe Railway (known as the Santa Fe), one of SP's main competitors. 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. 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. Spitzer's suit was panned in a Wall Street Journal editorial headlined "The Anschutz Ransom". With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. Ascension provides care in 19 states and the District of Columbia. [55] A member of the Evangelical Presbyterian Church, he is a conservative Christian. The headquarters is in Denver, Colorado. Overall, on-time deliveries were up by more than 50 percent in his first year. The Anschutz Corporation also owns The Broadmoor-Sea Island Company which operates The Broadmoor hotel, The Broadmoor Manitou and Pikes Peak Cog Railway and the Sea Island resort. Raja received a B.S. But in 1993, SP slid back to a loss of $149 million. Services Management & Mental Health Administration. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. Ms. Mullers business development responsibilities include investing, company creation, her law career at Lyon & Lyon, LLP. Key Principal: Phillip Anschutz See more contacts Industry: Investment holding companies, except banks , Newspapers , Oil and gas exploration services , Sports clubs, managers, and promoters Printer Friendly View Address: 555 17TH St Ste 2400 Denver, CO, 80202-3987 United States See other locations Phone: Website: www.anschutz-exploration.com I tested eight electric razors for women and found the Philips SatinShave Electric Shaver to have the best combination of features and most efficient battery. Here's why it was my top pick. 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. 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. Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. 1 of 2. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. 36. Get the latest business insights from Dun & Bradstreet. Her career at Anschutz began in 2013, when she began working for the Gates Center
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