The Anschutz Entertainment Group ( AEG ), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. 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. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. in law from Northwestern University, and most recently an MBA from the University of Notre Dame. Find company research, competitor information, contact details & financial data for The Anschutz Corporation of Saratoga, WY. New ownerPhilip Anschutz: He has interests in energy, publishing, railroads and entertainment. Anschutz graduated from Wichita High School East in 1957, and in 1961 earned a bachelor's degree in business from the University of Kansas, where he was a member of the Sigma Chi Fraternity.[8]. 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) . Copyright (c) 2022 Company-Histories.com. Second, Moyers focused on service to SP's customers, putting pressure on his subordinates to improve the operations. 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. 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. 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. 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. 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. Emily joined the CU Innovations team in May of 2021 as a Project Manager. in chemical engineering from Cornell University, an M.S. Counsel staff, Ms. Ross was a litigator with Messner Reeves in Denver. 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. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. Mid-1990s and Beyond: Exit Railroads, Enter Qwest and Sports, Reenter Oil. Join our email list to receive periodic updates and meeting notifications. Customer inquiries are best handled by calling 800-647-7261. 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. innovation management, forming key strategic industry partnerships, and licensing. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. The Anschutz Investment Company also purchased LightEdge Solutions in February 2008. 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. Anschutz closed the deal for Southern Pacific in the fall of 1988. 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. Closing was expected in October 2011. 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 Anschutz Corporation. [61] Anschutz has run 15 marathons. As always, Anschutz had several irons in the fire. 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 Director of Investments [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]. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. TEL +1-248-522-9717 FAX +1-248-864-2537. In this role, his primary responsibility is to help build partnerships/collaborations between academic researchers and industry in the areas of clinical trials, 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. Executive Director Contact | Bio Licensing Mary Tapolsky, PHD Senior Licensing Manager Contact | Bio With Anschutz once again wielding political pressure, the Congress passed the legislation that replaced the ICC with the STB in December 1995. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Sep 16, 2011 Updated Aug 31, 2020. 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. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. She has a Masters in Human Prior to UK, Raja spent 15+ years working in roles of increasing responsibilities in product development for various companies within the pharmaceutical industry. 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. her law career at Lyon & Lyon, LLP. 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. We see them around but we don't know what goes on behind the scenes. {{ userNotificationState.getAlertCount('bell') }}. All Rights Reserved. He invested in stocks, real estate and railroads. Anschutz Company operates as a holding company. The Anschutz Corporation has been part of the Carbon County community since the mid-1990s through its ownership of The Overland Trail Cattle Company LLC, a 320,000-acre working ranch situated south of Rawlins/Sinclair and northwest of Saratoga on a combination of private land and federal land managed by the BLM. He was also the co-founder and Chief The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. It is the world's largest owner of sports teams, sports events, and sports venues. 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. Maryland. It was started in 1958 by Fred Anschutz, the father of Philip Anschutz, who assumed c. Finally, we can read about how these great companies came about with Company Histories.. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . Mikes responsibilities include the formation and management The Anschutz Corporation is a privately held company based in Denver, Colorado. (303) 724 - 1039 |claire.mcdonald@cuanschutz.edu. His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. In the early 1980s, Anschutz spent $61.5 million for a nearly 25 percent stake in troubled Ideal Basic Industries, one of the largest companies in Colorado and one of the country's leading producers of cement and potash. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. [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. 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. - Act as . in Dallas, Texas, where his practice focused on intellectual property and transactional matters. She is a member of the Doyle Inn of Court and the 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. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. Board. Lorem ipsum dolor sit amet consectetur adipisicing elit. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. 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. 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. There is more to the comparison, and in the sections below, we discuss why we believe CL stock will offer better returns than PM stock in the next three years. the Head of Patent Development for Intellectual Ventures Invention Development and resided in Asia. Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. 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. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. Claire has been with the University of Colorado Anschutz Medical Campus since 2018. Union Pacific paid $5.4 billion for Southern Pacific, with Anschutz pocketing about $1.4 billion from the sale. 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. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. 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. Denver, Colorado, United States. Today, the Denver-based corporation controls the Washington . . You want to own it. 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. 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. 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. Kimberly has a graduate degree in Genetics, and received her law degree with highest honors from the University of Connecticut School of Law. Anschutz also owned 30 acres of land around the arena that he planned to develop into a vast entertainment complex with hotels, restaurants, theaters, and offices. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. 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. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. 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. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). that utilized recombinant microorganisms for the production of ethanol and butanol. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. [48][49], Anschutz is an active philanthropist. 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. 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. Through ASM Global (formerly AEG), he owns stakes in venues including Crypto.com Arena and O2 Arena. 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. 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. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. Kimberly Muller, Esq. They have also donated to the University of Kansas, their alma mater. Executive Vice President and Chief Mission Integration Officer, Ascension. 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.). (303) 304-9967 |michael.mcgarry@cuanschutz.edu. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. (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 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. Ascension provides care in 19 states and the District of Columbia. [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. ", "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. www.aegworldwide.com. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. In 2000 the company agreed to acquire a Miami, Florida-based exploration and production firm called Forcenergy Inc., which Anschutz had gained control of after it went into bankruptcy. For several years, Anschutz was Colorado's sole billionaire. 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 Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. The Gates Institute is designed to fill gaps in traditional academic infrastructure, from providing internal resources to strengthening industry partnerships. 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. 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 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. [60][20] On December 6, 2015, he broke his media silence when he appeared with several of the founders of Major League Soccer to reflect on the league's 20th anniversary. [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. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. permission only. In his experience, he has assisted PIs from a number of different departments and backgrounds with submitting and managing grant and contracts with a number of foundations and federal agencies including the NIH, DoD, DARPA, 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 grew up in Russell, as did Bob Dole. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. 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. 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. Black, Bruce F. (January 12, 2006). 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. While Anschutz's railroading venture garnered him the most publicity in the early-to-mid 1990s, other activities stepped into the spotlight in the late 1990s. Following Nacchio's hiring in January 1997, Qwest inked two additional deals with WorldCom and GTE, similar to the one with Frontier, for another $600 million. * I understand and agree that registration on or use of this site constitutes agreement. development and external innovation partnership opportunities with our healthcare system partners. Colorado Womens Bar Association. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. " * " indicates required fields. Xanterra purchased the resort from Busch Properties, Inc. (BPI). 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. By the early 21st century, Anschutz had an estimated net worth of more than $16 billion. 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. [43] He is also a major donor to the American Enterprise Institute, the Federalist Society and the Heritage Foundation, conservative think tanks. Here's everything you need to know. Start free trial. He is also the namesake of CU Anschutz, the medical campus of the University of Colorado. N-1. Privacy Policy. Internal Revenue Service. On 320,000 acres in Wyoming, Anschutz aims to build one of the world's biggest wind farms. brand messaging. 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. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness . But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. Robert Krebs, the chairman of Santa Fe Industries, was forced to sell one of his lines and chose SP, which he felt was the weaker of the two. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. Join to view profile . . products. Site contents copyright 2009-2023 Power Company of Wyoming LLC unless otherwise noted. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School.
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