www.aegworldwide.com. 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. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. (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 He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. Department of the Treasury. 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. 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. Here's everything you need to know. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. Letter from Bruce F. Black to Harriet E. Meiers, 2006. With Anschutz once again wielding political pressure, the Congress passed the legislation that replaced the ICC with the STB in December 1995. What was next for this seemingly modern-day Midas? Mid-1990s and Beyond: Exit Railroads, Enter Qwest and Sports, Reenter Oil. Copyright (c) 2022 Company-Histories.com. 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. 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. 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. Raja received a B.S. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. He is licensed to practice law in Texas and Colorado. 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. Source: International Directory of Company Histories, Vol. His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. 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. [55] A member of the Evangelical Presbyterian Church, he is a conservative Christian. Pricing; API; . 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. She also supports the business development team with strategic Related by education: University of Kansas. 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. He is the majority owner of the NHL's Los Angeles Kings,. 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. Prior to moving 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). "[37], Anschutz supported the Parents Television Council, a group that protests against television content that they consider indecent. For example, he pushed for the building of soccer-specific stadiums, allowing MLS teams to increase revenue and better control costs. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. In this role, she administers the vision, strategy, and goals of the SPARK|REACH Program. Join to connect The Anschutz Corporation. Through a restructuring, it was possible that Anschutz could wind up as the largest shareholder of United Artists, and would have done so on the cheap. We see them around but we don't know what goes on behind the scenes. His Anschutz Entertainment Group operates more than 350 owned or affiliated arenas and concert venues worldwide. Instead, he expanded his holdings of what became known as the Overthrust Belt, acquiring leases on ten million acres. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). The Random Acts of Kindness Foundation Leadership, Brownstein Hyatt Farber Schreck Executives, The Random Acts of Kindness Foundation Executives. 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. grant fund, and a nearly $50 million venture fund. Anschutz owns more than half of the company, and multiple newspapers and media groups. 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. Today, the Denver-based corporation controls the Washington . She also manages several funds, including an innovation Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. The headquarters is in Denver, Colorado. New York. 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. Photo by Jamel Toppin/The Forbes Collection. 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. These efforts will "put CU Anschutz on the map in the field of cell and gene therapy," Fry said. 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. for Regenerative Medicine as Director of Intellectual Property, and she continues to support the Gates Center as Entrepreneur in Residence. The Anschutz Company 555 17th Street, Suite 2400 Denver, Colorado 80202-3941 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Private Company Incorporated: 1992 Employees: 100 NAIC: 551112 Offices of Other Holding Companies Kansas. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. 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. Anschutz was born in Russell, Kansas, the son of Marian (ne Pfister) and Frederick Benjamin Anschutz. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. 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. 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. Enter employee name to find & verify emails, phones, social links, etc. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports.

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