He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. Not surprisingly, then, the Southern Pacific and Union Pacific entered into what turned out to be lengthy discussions about a merger. Chad received his Bachelors Degree in Economics from Colorado State University. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. 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. His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. Prior In September 2021 Angie joined the CU Innovations team, managing marketing and graphic design needs of the department, including social media initiatives. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. 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. sponsored research, or use of capabilities at the Anschutz Medical Campus, such as the Drug Discovery Center or the Gates Biomanufacturing Facility. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! His grandfather, Carl Anschutz,[6] was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell. Completion of the merger was by no means certain. The New York Times called the takeover 'the most spectacular merger fiasco of modern times.'. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. Closing was expected in October 2011. 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. Anschutz owns more than half of the company, and multiple newspapers and media groups. Claire has been with the University of Colorado Anschutz Medical Campus since 2018. There is an Anschutz Library and an Anschutz Sports Pavilion. 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. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. TropiGol Sports, Anschutz saved MLS from extinction, September 19, 2012. Xanterra holds the franchise rights to operate resorts inside several major national parks including Crater Lake (Crater Lake Lodge), Death Valley (Oasis at Death Valley), and the Grand Canyon (Bright Angel Lodge, El Tovar Hotel, Maswik Lodge and Phantom Ranch). in the US and Brazil. 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. Should You Buy Philip Morris Stock Over Its Sector Peer? 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. Reveal contacts of top The Anschutz Corporation managers and employees. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. What was next for this seemingly modern-day Midas? of strategic industry partnerships, and the development of long-term growth strategies for CUI. for Regenerative Medicine as Director of Intellectual Property, and she continues to support the Gates Center as Entrepreneur in Residence. *. Jordan Ross serves as Research Counsel at the University of Colorado Denver Anschutz Medical Campus working primarily with the CU Innovations team on protecting the Universitys intellectual property. He was also a director of Forest Oil Corporation beginning in 1995. [50] He heads the Anschutz Foundation, and was listed 41st on the Forbes 400 list in October 2019, with a net worth of $11.5 billion. 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. Philip Anschutz (center), chairman and CEO of the Anschutz Corp., receives the ALIS Lifetime Achievement Award during the opening sessions of the Americas Lodging Investment Summit. Sign up for a free account. To reduce the debt load, Anschutz sold large portions of Southern Pacific's vast real estate holdings, more than $1 billion worth by the end of 1991 and nearly $400 million in 1992 alone. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. 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. . Since starting at Anschutz Medical 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. 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. His work spans the intersection of internal venture The Rio Grande's small size and its position as a bridge carrier (providing connections between other rail lines) led Anschutz to pursue the acquisition of the railroad giant Southern Pacific (SP) in an attempt to save the much smaller Rio Grande. 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. 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]. As always, Anschutz had several irons in the fire. Finally, in November 1995 Union Pacific filed an application with the ICC to acquire Southern Pacific. [26][27] MLS Commissioner Don Garber stated in 2006 that "without Phil Anschutz, there's no MLS today."[23]. 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.' Soon after Ronald Reagan became president in 1980, he deregulated the U.S. railroad industry. 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. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. 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. SellerChristy . Second, Moyers focused on service to SP's customers, putting pressure on his subordinates to improve the operations. 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. 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. [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. in UKs Colleges of Pharmacy and Medicine. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. There were now just three major rail companies in the western United States: Southern Pacific, Union Pacific, and the newly named Burlington Northern Sante Fe, which was about the size of the other two combined. Up to 5 In March 2012, it was reported that Anschutz was interested in buying the Rangers. 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) . Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. 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. 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. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. Department of the Treasury. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. [55], Entertainment Anschutz Entertainment Group. During Kimberlys The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. Chokecherry & Sierra Madre Wind Energy Project Final EIS, Volume II, Chapter 1, page 4", "Chokecherry and Sierra Madre project description pdf, accessed 2012/07/05", "Citizen Anschutz: How the conservative Christian head of Regal Cinemas is trying to change how you see movies", "Billionaire Anschutz May See Redemption With 'Narnia', "Weekly Standard sold to Washington Examiner parent company", http://www.substancenews.net/articles.php?page=1746, http://www.inthesetimes.com/working/entry/13643/walmart_anschutz_teachers_rock_wont_back_down_union_parent_trigger_viola_da/, "How Does Coachella's Problematic Owner Secure Openly-Liberal Artists? Sports Business Journal, The 20 Most Influential People in Soccer, June 5, 2006. Anschutz closed the deal for Southern Pacific in the fall of 1988. (303) 724 - 3720 |chad.stanker@cuanschutz.edu. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. her law career at Lyon & Lyon, LLP. [54], Anschutz prefers to stay out of the limelight. 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. Finally, we can read about how these great companies came about with Company Histories.. $2.5 billion, according to our most recent tally. Prior to moving The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. Anschutz Entertainment Group. 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. Over the next several years, Anschutz's fortunes waxed and waned, and it was during this period that he began to expand outside of the oil industry while continuing to own oil fields in Montana, Texas, Colorado, and Wyoming. 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. Add an executive. Proceeds benefit the National Western Scholarship Trust. NSF, JDRF, and the American Cancer Society. In 1978 Amoco Corporation discovered a huge reservoir of oil and natural gas adjacent to this ranch--what turned out to be one of the largest discoveries since Alaska's Prudhoe Bay. She is a member of the Doyle Inn of Court and the Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. Large-scale industry collaborations have been established in areas such as AI and drug development. All Rights Reserved. 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. Don joined the University of Colorado Anschutz Medical Campus in December 2016 and has a background in handling both pre- and post-award grant management functions as well as research contract management and oversight. Related by education: University of Kansas. [38] He also financed and distributed films with Christian themes for mass audiences (through his two film production companies and ownership of much of the Regal, Edwards and United Artists theater chains) including Amazing Grace and The Chronicles of Narnia: The Lion, the Witch and the Wardrobe. free lookups / month. This Colorado-related article is a stub. 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 the University Prior to joining the University Counsel staff, he practiced at Baker McKenzie The land came from the recently closed Fitzsimons Army Medical Center, but millions were needed for the construction of new medical laboratory buildings and a new University Hospital on the land. The Denver Post summarized the implications for Anschutz: "Not only is Qwest founder and board member Philip Anschutz not a defendant in the long-awaited civil case against the regime of former Qwest chief executive Joe Nacchio, he doesn't even merit a mention in the 50-page complaint. 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. N-2. Anschutz is the principal owner of the Los Angeles Kings and a minority owner of the Los Angeles Lakers. products. In May 2001, the Bush administration upheld Anschutz's right to drill an exploratory oil well at Weatherman Draw in south-central Montana, where Native American tribes wanted to preserve sacred rock drawings. Nissan North America Inc. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. Executive Vice President and Chief Mission Integration Officer, Ascension. 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. Claire has conducted research on the immune response in neurological disorders and developed a prodromal diagnostic test for Alzheimers disease. Signal Hire. This produced his first fortune in the oil business. Site contents copyright 2009-2023 Power Company of Wyoming LLC unless otherwise noted. Board. Project purpose Wyoming wind Wind farm appearance Timeline Company. 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. We'd love to hear from you! This initiative saved a lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months. Search over 700 Javascript is disabled in your web browser. 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. Through AEG Live, it owns the Coachella Valley Music and Arts Festival. CU Innovations specializes in commercializing technology, developing ventures, and building business partnerships. Xanterra purchased the resort from Busch Properties, Inc. (BPI). Success did not come immediately for the young wildcatter. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . "[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. The Anschutz Corporation United States employs 64 employees. Mikes responsibilities include the formation and management He is licensed to practice law in Texas and Colorado. She also supports the business development team with strategic Doreen joined CU Innovations in May of 2017 as a licensing associate. Establish meaningful relationships across the executive teams and Board of Directors to champion . SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. 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. [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. [7] He also lived in Wichita, and Hays, Kansas. of industries, including legal, medical and real estate, her strengths lie in communication and conceptualization. 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. Before relocating to Colorado, Heather was 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.
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