But this in many ways ordinary guy is an extraordinary businessman, as we learned when we went hunting for the elusive", "Land Report 100 Largest Landowners In The U.S.", "Anschutz Group Wins Recognition for Support Award Celebrates Valley of Chiefs Work", "Anschutz not named in lawsuit No indication action is pending", "Anschutz Says Luring NFL Team Is Priority After Ending AEG Sale", "50 Most Influential: 2-10 - SportsBusiness Daily | SportsBusiness Journal | SportsBusiness Daily Global", http://www.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/Soccers-Visionary-Phil-Anschutz.aspx, http://m.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/The-20-Most-Influential-People-In-Soccer.aspx, "How Philip Anschutz Made Billions Seeing What Others Missed", http://www.dynamotheory.com/2011/11/10/2551015/the-two-sides-of-phillip-anschutz-houston-dynamo-la-galaxy-mls-cup-2011, "Anschutz saved MLS from extinction | TropiGol Sports", "Anschutz's Clarity Media launches Sunday papers in 3 cities", "The Weekly Standards War: Murdoch sells the magazine that sold the Iraq invasion", "Power Company of Wyoming: Chokecherry and Sierra Madre Wind Energy Project", "Business Entity Detail - Wyoming Secretary of State", "BLM. All trademarks are registered property of the University. Source: International Directory of Company Histories, Vol. SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. [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. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. in Dallas, Texas, where his practice focused on intellectual property and transactional matters. 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 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. . [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. 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. In 2010, he donated 400 masterpieces by the likes of Frederic Remington to create the American Museum of Western Art in Denver. 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. Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. Prior to CU, Raja worked as a Commercialization Manager at the University of Kentucky 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. 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. Late in 1984, the partnership was dissolved and the holdings divided between Anschutz and Oxford, with Anschutz keeping the Anaconda Tower (where the company's offices were still located in the early 21st century), Denver's Fairmont Hotel, and a half-block of undeveloped land in Denver. 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. Colorado Womens Bar Association. 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. Leadership | Ascension In the fall of 1996, perhaps not coincidentally soon after Union Pacific's takeover of Southern Pacific was consummated, Qwest announced that it planned to develop a nationwide fiber-optic network, using the most advanced technology and offering the highest capacity of any U.S. telecommunications network. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. [26][27] MLS Commissioner Don Garber stated in 2006 that "without Phil Anschutz, there's no MLS today."[23]. Reveal contacts of top The Anschutz Corporation managers and employees. 0. His Anschutz Entertainment Group operates more than 350 owned or affiliated arenas and concert venues worldwide. Work At The Random Acts of Kindness Foundation? 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.). 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. 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. 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. Success did not come immediately for the young wildcatter. (303) 724 - 0220 |heather.callahan@cuanschutz.edu. Anschutz contemplated and then abandoned takeovers of two publicly traded companies in the 1980s, ITT and Pennwalt; in the process of buying and selling shares in the companies, he pocketed more than $100 million. Michael joined CU Innovations in 2022. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. The Anschutz Corporation Address: 555 17th Street, Suite 2400 Denver, Colorado 80202 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Statistics: Private Company Incorporated: 1958 NAIC: 551112 Offices of Other Holding Companies Key Dates: 1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. The proposed merger elicited immediate opposition from government officials and Santa Fe's competition, and with the added impetus of pressure from Anschutz, whom Forbes called 'politically influential,' the Interstate Commerce Commission (ICC) in 1987 blocked the Santa Fe-SP merger as anticompetitive. He is licensed to practice law in Texas and Colorado. In later years, Anschutz contributed to Dole's political campaigns. 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. About Philip Anschutz Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. Amid speculation that he would be better off breaking up SP and selling it piecemeal (Krebs of the Santa Fe still coveted much of the SP line and approached Anschutz about a deal several times without success), Anschutz told Forbes: 'I said in my original ICC filing that we would turn this railroad around; I'm in it for the long haul.' Anschutz was instrumental in several MLS initiatives that have grown the league's revenues and profits. At that point, Anschutz had managed to turn his initial $55 million investment in SP Telecom into $4.9 billion. 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. Nissan North America Inc. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. 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. 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. 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. 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. 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. He was nearly ruined by a disastrous coal mining investment before managing to sell the money-losing mines to an electric utility. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. Javascript is disabled in your web browser. Anschutz Entertainment Group - Wikipedia She also worked at two biotech companies in California, Hollis-Eden Pharmaceuticals, Inc. and Genset Corporation, after beginning in law from Northwestern University, and most recently an MBA from the University of Notre Dame. Anschutz had to overcome a major hurdle to achieve his objective of solidifying his railroad holdings. $2.5 billion, according to our most recent tally. To pare down the company's $311 million in debt, Anschutz took Qwest public in June 1997 through an IPO that raised $321 million. for Regenerative Medicine as Director of Intellectual Property, and she continues to support the Gates Center as Entrepreneur in Residence. Executive Vice President at The Anschutz Corporation Denver, Colorado, United States. Aisan Corporation of America. brand messaging. Get in touch with our corporate office or reach out to our national parks, make reservations, or tell us about your stay. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. Anschutz marks return to Wyoming with purchase of Barrett acreage Here's everything you need to know. Overall, on-time deliveries were up by more than 50 percent in his first year. Universal just happened to be filming Hellfighters, which had John Wayne playing Adair, and were pleased to be able to take footage of a real fire and the real Adair in action. 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. in the US and Brazil. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Closing was expected in October 2011. There is an Anschutz Library and an Anschutz Sports Pavilion. [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]. Doreen joined CU Innovations in May of 2017 as a licensing associate. Anschutz is the principal owner of the National Hockey League's Los Angeles Kings and is a minority owner of the National Basketball Association's Los Angeles Lakers. 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 Donald Trumps real net worth? [40] In 2010, he financed the pro-charter school film Waiting for Superman. [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. In one-on-one interviews, Rubenstein. 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. [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 Random Acts of Kindness Foundation CEO And Executives - Learn more about The Random Acts of Kindness Foundation CEO and key people by exploring the management team. Join to connect The Anschutz Corporation. Environmental groups, preservationists, and ten Native American tribes appealed the decision without success. Meanwhile, Anschutz began his move into the sports world in 1995 when he teamed with Los Angeles developer Edward Roski, Jr., to buy the Los Angeles Kings hockey team for $114 million. As 2023 evolves, companies must be ready to adapt to new challenges in order to succeed. 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Looking for a particular The Anschutz Corporation employee's phone or email? 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. in Biology from Tufts University. Additionally, Raja is a graduate of Steve Blanks Lean Launchpad Program for Life Sciences and has advised multiple startup companies, including coaching teams through business plan competitions. His work spans the intersection of internal venture 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. Executive Vice President and Chief Mission Integration Officer, Ascension. Anschutz and Comsat (later Ascent Entertainment), then owners of the National Basketball Association's Denver Nuggets and later the owners of the National Hockey League's Colorado Avalanche, developed a proposal for a $130 million sports and entertainment center that would include a new basketball and hockey arena and film and television studios. (303) 724 - 1061 |doreen.molk@cuanschutz.edu. +1 213 763 7700. [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. Gary Pierson - Executive Vice President - The Anschutz Corporation [2][3][4][5] His father was an oil tycoon and land investor who invested in ranches in Colorado, Utah and Wyoming, and eventually went into the oil-drilling business. Select a state to view the market leadership. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. " * " indicates required fields. The headquarters is in Denver, Colorado. In another effort to reduce the debt load, 30 million shares were offered in August 1993. This initiative saved a lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months. Raja received a B.S. Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. innovation management, forming key strategic industry partnerships, and licensing. First, he planned to cut costs by reducing the employee ranks through a buyout program and a reorganization. But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. - Act as . Department of the Treasury. www.aegworldwide.com. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. Union Pacific paid $5.4 billion for Southern Pacific, with Anschutz pocketing about $1.4 billion from the sale. In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. [13] Anschutz paid $100,000 to each of 32 New York nonprofit philanthropic groups, as well as $200,000 to each of six law schools. AISAN Group (Americas) About AISANAISAN INDUSTRY CO., LTD. Prior to joining the University Who We Are - Xanterra Travel Collection Anschutz Corp/The - Company Profile and News - Bloomberg Markets For assistance, contact one of our team members below or complete this contact form. *. Amoco attempted to buy Anschutz's mineral rights but he refused. Anschutz was born in Russell, Kansas, the son of Marian (ne Pfister) and Frederick Benjamin Anschutz. 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. . 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. He also engages in new venture development of high potential university technologies and spin-outs. 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. 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. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. Prior In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. Anschutz denied any wrongdoing but volunteered to donate a total of $4.4 million to settle the case as long as he selected the recipient organizations in advance. 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. 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. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. Henry Dubroff of the Denver Post estimated that Anschutz had pocketed pretax profits of as much as $500 million from the stock offerings. Project purpose Wyoming wind Wind farm appearance Timeline Company. Tennessee. Anschutz Exploration Corporation Profile and History. How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Philips Sunrise Alarm Clock Made Me A Morning PersonAnd Its 44% Off Today, Philips Unveils New TV Range - Including Micro Lens Array OLEDs And More Affordable MiniLEDs, Philips SatinShave Prestige Review: The Best Electric Razor For Women. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. It is the world's largest owner of sports teams and sports events. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. 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 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. 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. her law career at Lyon & Lyon, LLP. "[16], In February 2006, the Denver Rocky Mountain News reported that Anschutz would not run for reelection to the boards of Qwest and Union Pacific and would resign from the board of Regal Entertainment Group so as to focus on his other investments. The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. Co-Director of SPARK, Graphic Designer & Social Media Specialist, (303) 724 - 0222 |kimberly.muller@cuanschutz.edu. He invested in stocks, real estate and railroads. 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]. [53], In 2018, Anschutz donated $1 Million to Elton John AIDS Foundation.
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