Finally, we can read about how these great companies came about with Company Histories.. Director of Investments Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. Anschutz was also attempting to leverage the real estate holdings of Southern Pacific by developing some of the land rather than selling it to other developers. in Dallas, Texas, where his practice focused on intellectual property and transactional matters. 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. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. (303) 724 - 1061 |doreen.molk@cuanschutz.edu. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. 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. He is also the namesake of CU Anschutz, the medical campus of the University of Colorado. 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.). Prior to joining Anschutz, Heather started her own consulting company, Divetank We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. 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). Overall, on-time deliveries were up by more than 50 percent in his first year. 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. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. By that time he had invested about $55 million into a sleepy offshoot of Southern Pacific to develop what would eventually become Qwest Communications International Inc., the number four long-distance company in the United States as well as the owner of U S West Inc., one of the Baby Bells. 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. [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 Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. As always, Anschutz had several irons in the fire. Smith has been with AFG since 2003, and currently oversees all aspects of AFG's operations (development, physical production, publishing, marketing and outreach, finance, legal and business affairs). No credit card required. Starting around 1994, Anschutz was involved in the planning of a downtown development in his base city of Denver on land along the South Platte River that he had purchased from SP. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. Here's everything you need to know. Anschutz also began to improve the quality of its service through heavy expenditures to maintain its track and hiring a quality expert, Kent Sterett, from its competitor Union Pacific. 0. Claire has been with the University of Colorado Anschutz Medical Campus since 2018. in chemical engineering from Cornell University, an M.S. Join to connect The Anschutz Corporation. Large-scale industry collaborations have been established in areas such as AI and drug development. Maryland. The Anschutz Corporation United States employs 64 employees. Tulsa. 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.". For some time, while MLS was struggling, Anschutz owned six MLS franchises concurrently and experienced significant financial losses. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. Prior to joining the University Counsel staff, he practiced at Baker McKenzie 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 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. free lookups / month. innovation management, forming key strategic industry partnerships, and licensing. Anschutz spotted a huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility of profiting from dealmaking. Privacy Policy. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. Kansas. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. When you see what can be done, the possibilities, you want to be involved in something. {{ userNotificationState.getAlertCount('bell') }}. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. Previously, Gali was a medical device innovation fellow at Northwestern University's Innovation and New Ventures Office where he invented technology for monitoring and tracking dermatological diseases. [61] Anschutz has run 15 marathons. Akebono Brake Corporation (Elizabethtown) <ABC> (North American Co-head Office, sales and marketing) 300 Ring Road, Elizabethtown, KY 42701, U.S.A. Tel: +1 270-234-5500 [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. tenure, Yales Office of Cooperative Research started more than 70 new ventures that have raised over $5 billion in investor capital. . 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. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. Henry Dubroff of the Denver Post estimated that Anschutz had pocketed pretax profits of as much as $500 million from the stock offerings. The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. N-2. ", https://en.wikipedia.org/w/index.php?title=The_Anschutz_Corporation&oldid=1122683027, This page was last edited on 19 November 2022, at 00:28. Today, the Denver-based corporation controls the Washington . Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! 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. [43] He is also a major donor to the American Enterprise Institute, the Federalist Society and the Heritage Foundation, conservative think tanks. In September 2021 Angie joined the CU Innovations team, managing marketing and graphic design needs of the department, including social media initiatives. 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 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. 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. Indiana. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. Prior to Genentech, he held roles across start-up companies and large companies 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. [42], Anschutz has donated to conservative causes and groups that are anti-LGBTQ and anti-abortion. development and external innovation partnership opportunities with our healthcare system partners. Related by education: University of Kansas. Enter employee name to find & verify emails, phones, social links, etc. [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. 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]. 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). of industries, including legal, medical and real estate, her strengths lie in communication and conceptualization. In those roles, Raja led the development and launch of multiple commercial Greater Denver Area. 36. 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 (303) 724 - 1098 |dallas.martin@cuanschutz.edu. 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. brand messaging. She is a member of the Doyle Inn of Court and the [48][49], Anschutz is an active philanthropist. Anschutz has had several other business ventures, including Forest Oil, Pacific Energy Group, Union Pacific Railroad (he is the company's largest shareholder, with a 6% stake), and the Regal Entertainment Group, the second largest movie theater chain in the world, with approximately 7,000 screens. Sports Business Journal, The 20 Most Influential People in Soccer, June 5, 2006. Javascript is disabled in your web browser. This produced his first fortune in the oil business. 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. A marathon runner, Anschutz has built his $16-billion-plus fortune through tenacity, savvy dealmaking, strategic timing, and a knack for spotting trends. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. 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. Lorem ipsum dolor sit, amet consectetur adipisicing elit. With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. 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. In my evaluation of the best beard trimmers, the Multigroom 9000 was my top pick due to its perfect balance of quality, performance, cost and customization. Spitzer's suit was panned in a Wall Street Journal editorial headlined "The Anschutz Ransom". TEL +1-248-522-9717 FAX +1-248-864-2537. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. Proceeds benefit the National Western Scholarship Trust. This site works best when Javascript is enabled. In one-on-one interviews, Rubenstein. 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. Sign up for a free account. ", "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. [41] In 2012, he financed the pro-parent trigger film Won't Back Down. 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 1991 Anschutz carved SP Telecom out of Southern Pacific, taking full control of it for an investment of $55 million. Xanterra purchased the resort from Busch Properties, Inc. (BPI). In recognition of its preservation efforts, The National Trust for Historic Preservation presented its President's Award to the Anschutz Exploration Corporation. In April 2002, the Anschutz Exploration Corporation gave up its plans to drill for oil in the area. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. Anschutz owns more than half of the company, and multiple newspapers and media groups. The Anschutz Corporation also owns Ken Ehrlich Productions and the Clarity Media Group, the parent company of The Gazette, a newspaper in Colorado Springs and Washington Examiner, a conservative news website and weekly magazine.[5]. Select a state to view the market leadership. 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. Gali joined the University of Colorado CU Innovations office in February 2016 and serves as the "operational octopus" behind the CU Healthcare Innovation Fund and granting funding programs. After the deal, Anschutz controlled 71 percent of the Rio Grande, which now controlled SP, while Morgan Stanley as a minority partner controlled the remaining 29 percent through its purchase of $111 million in Rio Grande common stock. Prior to CU Innovations, 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. In return, Spitzer dropped his civil suit. The headquarters is in Denver, Colorado. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. - Act as . Nissan North America Inc. He described the steps in a CGT product's lifecycle, beginning with early discovery . 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. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. In March 2012, it was reported that Anschutz was interested in buying the Rangers. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. Jul 2020 - Present2 years 8 months. 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. Executive Director Contact | Bio Licensing Mary Tapolsky, PHD Senior Licensing Manager Contact | Bio 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. But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. 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. Join to view profile . [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. 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. They have also donated to the University of Kansas, their alma mater. Michigan. 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. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. But in 1993, SP slid back to a loss of $149 million. in Biology from Tufts University. Anschutz Entertainment Group. 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. 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. Prior to joining CU Anschutz, she managed funding and entrepreneurship programs in Science Foundation Ireland, the Irish government science funding agency. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. By the early 21st century, Anschutz had an estimated net worth of more than $16 billion.
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