Anschutz Company operates as a holding company. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. 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. He described the steps in a CGT product's lifecycle, beginning with early discovery . Add an executive. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. of industries, including legal, medical and real estate, her strengths lie in communication and conceptualization. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. Start free trial. Chad received his Bachelors Degree in Economics from Colorado State University. 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. Jul 2020 - Present2 years 8 months. [12], In May 2003, New York Attorney General Eliot Spitzer reached a settlement with Anschutz after filing a civil complaint accusing Anschutz of accepting IPO shares from Salomon Smith Barney in exchange for Qwest's investment banking business. He had also purchased a substantial amount of the debt of the financially troubled United Artists Theatre Corp., one of the largest owners and operators of movie theaters in the country. Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). 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 in law from Northwestern University, and most recently an MBA from the University of Notre Dame. Josh Eidelson, "Walmart, Right-Wing Media Company Hold Star-Studded Benefit Promoting Education Reform Film" In These Times, August 13, 2012, United States. 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. We'd love to hear from you! Anschutz Entertainment Group. 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. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. Used by 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. Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. UP suffered from highly publicized difficulties integrating SP, resulting in massive gridlock in the summer of 1997 and extending into 1998; it was estimated that by March 1998 delays in UP shipments had cost rail customers about $1 billion in curtailed production, reduced sales, and higher shipping costs. She is thrilled to bring her skills to the CU Innovations team. 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. For several years, Anschutz was Colorado's sole billionaire. in UKs Colleges of Pharmacy and Medicine. 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. In return, Spitzer dropped his civil suit. To pare down the company's $311 million in debt, Anschutz took Qwest public in June 1997 through an IPO that raised $321 million. Prior to joining CU Anschutz, she managed funding and entrepreneurship programs in Science Foundation Ireland, the Irish government science funding agency. Alabama. Anschutz was born in Russell, Kansas, the son of Marian (ne Pfister) and Frederick Benjamin Anschutz. His Anschutz Entertainment Group operates more than 350 owned or affiliated arenas and concert venues worldwide. [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 addition to maintaining a five percent stake in Union Pacific and being the largest shareholder of Qwest with a 38 percent stake, Anschutz continues his involvement in the energy sector through a 37 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company; is heavily involved in the Los Angeles sports scene with his ownership of the Los Angeles Kings hockey franchise and a professional soccer team as well as partial ownership of the Los Angeles Lakers basketball team and the state-of-the-art Staples Center; and has extensive real estate holdings. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. It is the world's largest owner of sports teams and sports events. Sports Business Journal, Soccers visionary: Phil Anschutz, June 5, 2006. It was started in 1958 by Fred Anschutz, the father of Philip Anschutz, who assumed c. 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. Bachelor of Arts/Science, University of Kansas. 1 of 2. Anschutz closed the deal for Southern Pacific in the fall of 1988. 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. 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 September 2021 Angie joined the CU Innovations team, managing marketing and graphic design needs of the department, including social media initiatives. At that point, Anschutz had managed to turn his initial $55 million investment in SP Telecom into $4.9 billion. These efforts will "put CU Anschutz on the map in the field of cell and gene therapy," Fry said. Michigan. Bloomberg Wall Street Week, hosted by David Westin, is a reinvention of the iconic Wall Street Week, which aired on PBS for over 30 years and was hosted by late financial journalist Louis Rukeyser. Through AEG Live, it owns the Coachella Valley Music and Arts Festival. The Anschutz Investment Company also purchased LightEdge Solutions in February 2008. Aisan Corporation of America. Work At The Random Acts of Kindness Foundation? Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. ", "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. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. With 20+ years of experience in art direction and advertising for a wide range Ascension provides care in 19 states and the District of Columbia. 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 "[22], Anschutz is one of only four recipients of the National Soccer Hall of Fame's Medal of Honor for his contributions to growing the sport of soccer in the United States. Colorado Womens Bar Association. For some time, while MLS was struggling, Anschutz owned six MLS franchises concurrently and experienced significant financial losses. 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. In 1996 he engineered the sale of Southern Pacific to rival Union Pacific Corporation , pocketing $1.4 billion in profits from an initial $90 million investment. [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]. [7] He also lived in Wichita, and Hays, Kansas. Headquartered in Franklin, Tennessee, Nissan North America, Inc. has expertise across the region in research and development, vehicle exports, automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. He started modestly, with the 1984 purchase of the Denver & Rio Grande Railroad, commonly known as the Rio Grande, a small railroad that then consisted of more than 3,400 miles of track from Missouri to Utah. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. Philip Anschutz, Fred's eldest son, assumed control of the company in 1962 and diversified it with holdings in the entertainment and hospitality industries. NSF, JDRF, and the American Cancer Society. 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. 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. We see them around but we don't know what goes on behind the scenes. Executive Vice President: Colorado, USA cxxxxxxn@gmail.com: Adam Brewer: Technical Support Manager: Colorado, USA . 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. For assistance, contact one of our team members below or complete this contact form. Angie strives to incorporate current design trends and develop strategic marketing materials to accurately convey targeted 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. [25] He owns a stake in the Dignity Health Sports Park, the stadium for the MLS team LA Galaxy and former MLS team Chivas USA. In his first year, he reduced the labor force by more than 3,000 to about 19,000 jobs. The Anschutz Corporation is a privately held company based in Denver, Colorado. 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. (business & personal). His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. When you see what can be done, the possibilities, you want to be involved in something. [2], The company's entertainment industry holdings are mostly controlled by its subsidiary Anschutz Entertainment Group (AEG), a sporting and music entertainment presenter and the world's largest owner of sports teams and sports events. [48][49], Anschutz is an active philanthropist. 0. As William P. Barrett noted in Forbes, 'Beyond the original cash stake in the Rio Grande, Anschutz put not a penny more into the deal,' thereby making him the first individual to own a major railroad in decades. 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. 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. Anschutz ended up clearing a $30 million profit on what had looked like an extremely risky investment. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. {{ userNotificationState.getAlertCount('bell') }}. On 320,000 acres in Wyoming, Anschutz aims to build one of the world's biggest wind farms. For assistance, contact one of our team members below or complete this contact form. 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 Up to 5 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. Two years later, Anschutz acquired Qwest Communications Inc., a Dallas-based digital microwave company, and merged SP Telecom into it, setting up headquarters in Denver. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. [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. Prior to joining the University Counsel staff, he practiced at Baker McKenzie This initiative saved a lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months. He also engages in new venture development of high potential university technologies and spin-outs. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. free lookups / month. Not surprisingly, then, the Southern Pacific and Union Pacific entered into what turned out to be lengthy discussions about a merger. of Medicine. The headquarters is in Denver, Colorado. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. He was nearly ruined by a disastrous coal mining investment before managing to sell the money-losing mines to an electric utility. Tennessee. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. 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. [61] Anschutz has run 15 marathons. Find company research, competitor information, contact details & financial data for The Anschutz Corporation of Saratoga, WY. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. SellerChristy . 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. "[37], Anschutz supported the Parents Television Council, a group that protests against television content that they consider indecent. 36. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. Privacy Policy. in the US and Brazil. Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. As consumers, we often take for granted all the hard work that goes into building a great company. [41] In 2012, he financed the pro-parent trigger film Won't Back Down. 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. [54], Anschutz prefers to stay out of the limelight. Join to view profile . Executive Director Contact | Bio Licensing Mary Tapolsky, PHD Senior Licensing Manager Contact | Bio David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Reveal contacts of top The Anschutz Corporation managers and employees. Print or download. Javascript is disabled in your web browser. 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. 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. The following year Qwest battled for control of local telephone provider U S West Inc., one of the original Baby Bells, with another upstart telecommunications company, Global Crossing Ltd. Qwest eventually won the battle, acquiring U S West for about $43.5 billion in stock in 2000. 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]. During Kimberlys that utilized recombinant microorganisms for the production of ethanol and butanol. Amoco attempted to buy Anschutz's mineral rights but he refused. She manages the implementation of clinical research within the CU Innovations digital health team. million verified professionals across 35 million companies. 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 When combined, they comprise the largest commercial wind generation facility proposed in the U.S. and one of the largest in the world." Financial Executive - The Anschutz Company Oklahoma City Metropolitan Area. The current state of business is one of uncertainty and change. In 2010, he donated 400 masterpieces by the likes of Frederic Remington to create the American Museum of Western Art in Denver. Sign up! While at UK, Raja planned and moderated a five-part Drug Repurposing short course webinar series, which brought together various experts from across the US and Europe as guest speakers. Originally funded by the oil and gas holdings of his father, Anschutz, who consistently shuns publicity, quietly became a billionaire in the early 1980s as a result of his oil and gas exploration ventures. 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. Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. 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). SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. CU Innovations specializes in commercializing technology, developing ventures, and building business partnerships. N-2. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! Before the merger, he was a director of Southern Pacific from June 1988 to September 1996, and non-executive chairman of Southern Pacific from 1993 to September 1996. Before relocating to Colorado, Heather was 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. Here's everything you need to know. [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. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). The Anschutz Corporation United States employs 64 employees. Maryland. RANDY KREHBIEL World Staff Writer. Craig D. Slater also serves as the Executive Vice President of Anschutz Corporation and Anschutz Company since May 1999. Based on 193 salaries posted anonymously by Robertson, Anschutz, Schneid, Crane & Partners Executive Recruiter employees in Smiths Falls. Operations Officer at Sintact Medical Systems. 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. Enter employee name to find & verify emails, phones, social links, etc. Search over 700 All rights reserved. Kimberly Muller, Esq. In July 1996--despite opposition from the U.S. departments of Justice, Transportation, and Agriculture; from such rival railroads as Kansas City Southern and Consolidated Rail; and from the governor of Texas, George W. Bush--the STB approved the merger in July 1996, with the only major stipulation being that UP grant trackage rights for about 4,000 miles of track to Burlington Northern Sante Fe. Anschutz had to overcome a major hurdle to achieve his objective of solidifying his railroad holdings. 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. Ascension Market Leaders. Finally, in November 1995 Union Pacific filed an application with the ICC to acquire Southern Pacific. 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. 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) . Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company.