His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. The following year the partners purchased a 25 percent stake in the Los Angeles Lakers, one of the premier teams of the National Basketball Association. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. With 20,000 miles of track thoroughly covering the West Coast and a line through the southern United States to the Mississippi River, the SP was even more attractive to Anschutz for its connections to the Rio Grande lines in Kansas City and Ogden, Utah, making for a synergistic coupling. Ms. Mullers business development responsibilities include investing, company creation, Here's everything you need to know. [61] Anschutz has run 15 marathons. 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 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. The relationship with Oxford-AnsCo soured when Anschutz gained the vast real estate holdings of the Denver & Rio Grande Railroad in 1984 and wanted to begin to develop real estate on his own rather than through the Oxford partnership. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. He is the majority owner of the NHL's Los Angeles Kings,. In addition to his move into film production, Anschutz in 1999 purchased companies that were involved in storing video in digital form on computers and in sending high-quality video over fiber-optics lines. in Dallas, Texas, where his practice focused on intellectual property and transactional matters. "[37], Anschutz supported the Parents Television Council, a group that protests against television content that they consider indecent. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. [42], Anschutz has donated to conservative causes and groups that are anti-LGBTQ and anti-abortion. Ascension Market Leaders. 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. in Biology from Tufts University. N-1. For some time, while MLS was struggling, Anschutz owned six MLS franchises concurrently and experienced significant financial losses. 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. 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. 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. Anschutz spotted a huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility of profiting from dealmaking. Kimberly joined the University of Colorado from Yale University where she was formerly the Deputy Director of the Yale Entrepreneurial Institute (YEI), and managed New Ventures in the Office of Cooperative Research. 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. grant fund, and a nearly $50 million venture fund. Board. Prior They have also donated to the University of Kansas, their alma mater. He has also been a director for Pacific Energy Partners and served on the boards of the American Petroleum Institute in Washington, D.C. and the National Petroleum Council in Washington, D.C. Prior to joining CU Anschutz, she managed funding and entrepreneurship programs in Science Foundation Ireland, the Irish government science funding agency. This Colorado-related article is a stub. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. . (303) 724 - 3720 |chad.stanker@cuanschutz.edu. In 2000 the company agreed to acquire a Miami, Florida-based exploration and production firm called Forcenergy Inc., which Anschutz had gained control of after it went into bankruptcy. Chad received his Bachelors Degree in Economics from Colorado State University. 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. On September 18, 2012, Anschutz announced he was putting AEG up for sale, but he decided not to accept[20] any of the bids, and on March 14, 2013, took AEG off the market. to Colorado, he worked in higher education administration and grant management within the Department of Electrical and Computer Engineering at North Carolina State University in Raleigh, North Carolina. 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. Black, Bruce F. (January 12, 2006). Alabama. Javascript is disabled in your web browser. Anschutz closed the deal for Southern Pacific in the fall of 1988. [55], Entertainment Anschutz Entertainment Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. Anschutz owns more than half of the company, and multiple newspapers and media groups. She manages the implementation of clinical research within the CU Innovations digital health team. Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). The employee data is based on information from people who have self-reported their past or current employments at The Random Acts of Kindness Foundation. *. Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. Anschutz Corp. purchased the Rio Grande's parent, Rio Grande Industries, Inc., for $500 million, $90 million of which was in cash and the remainder in loans. 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. 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. 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. His grandfather, Carl Anschutz,[6] was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell. 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. 24387 Halsted Road, Farmington Hills, Michigan 48335, USA. (303) 724 - 1061 |doreen.molk@cuanschutz.edu. Get the latest business insights from Dun & Bradstreet. You want to own it. 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. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. million verified professionals across 35 million companies. [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. Frank Smith is President and Chief Executive Officer of Anschutz Film Group (AFG) and Walden Media. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. (303) 304-9967 |michael.mcgarry@cuanschutz.edu. With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. She also supports the business development team with strategic As 2023 evolves, companies must be ready to adapt to new challenges in order to succeed. There is more to the comparison, and in the sections below, we discuss why we believe CL stock will offer better returns than PM stock in the next three years. Establish meaningful relationships across the executive teams and Board of Directors to champion . None of the information on this page has been provided or approved by The Random Acts of Kindness Foundation. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. Denver, Colorado, United States. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. www.aegworldwide.com. [35][36] According to the Bureau of Land Management, which on July 2, 2012, announced the completion of the project's final Environmental Impact Statement, "Chokecherry and Sierra Madre are two distinct sites approximately five miles apart which are both being analyzed together. Anschutz grew up in Russell, as did Bob Dole. You can help Wikipedia by expanding it. For assistance, contact one of our team members below or complete this contact form. 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. 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. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. AEG Presents organizes several large music entertainment festivals including Coachella and Stagecoach,[3][4], AEG Sports owns the LA Galaxy soccer team and the Los Angeles Kings hockey team, and Anschutz Film Group owns Bristol Bay Productions and Walden Media. 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. He was also a director of Forest Oil Corporation beginning in 1995. 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 Angie strives to incorporate current design trends and develop strategic marketing materials to accurately convey targeted In later years, Anschutz contributed to Dole's political campaigns. 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 the US and Brazil. Anschutz also bought three professional soccer teams, the Los Angeles Galaxy, the Colorado Rapids, and the Chicago Fire, all part of Major League Soccer, which Anschutz owned a part of as well. This initiative saved a lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months. development and external innovation partnership opportunities with our healthcare system partners. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. Ascension provides care in 19 states and the District of Columbia. He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. Here's why it was my top pick. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. About Philip Anschutz Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. Although the initial offering price was estimated at $20 per share, the actual price of the shares as issued was $13.50. She has a Masters in Human The Chronicles of Narnia: The Lion, the Witch and the Wardrobe, U.S. Court of Appeals for the Tenth Circuit, University of Colorado School of Medicine, William E. Simon Prize for Philanthropic Leadership, "chemistrydaily Resources and Information", "The Aspen 50 Forbes billionaires in Pitkin County", A Standard History of Kansas and Kansans, by William E. Connelley, Contemporary Honors Award Recipient Philip Anschutz, "The real king of the Los Angeles Kings: mystery billionaire Philip Anschutz", "Billionaire Next Door Philip Anschutz may be the richest American you've never heard of. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. In March 2012, it was reported that Anschutz was interested in buying the Rangers. [7] He also lived in Wichita, and Hays, Kansas. Proceeds benefit the National Western Scholarship Trust. 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. It was started in 1958 by Fred Anschutz, the father of Philip Anschutz, who assumed c. In return, Spitzer dropped his civil suit. 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. 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. We see them around but we don't know what goes on behind the scenes. 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. [54], Anschutz prefers to stay out of the limelight. The Anschutz Corporation and its affiliates, including Anschutz Company and Anschutz Investment Company, are the investment vehicles for the diversified interests of Philip F. Anschutz. Michael joined CU Innovations in 2022. A marathon runner, Anschutz has built his $16-billion-plus fortune through tenacity, savvy dealmaking, strategic timing, and a knack for spotting trends. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. 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. Bachelor of Psychology from Texas Tech University, Skaggs School of Pharmacy and Pharmaceutical Sciences, Children's Hospital Center for Innovation. [51], Anschutz and his wife have contributed over $100 million to the new medical, dental, nursing, and pharmacy campus of the University of Colorado School of Medicine in Aurora, Colorado, now named the Anschutz Medical Campus in their honor. 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. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. Who is Anschutz Exploration Corporation Headquarters 555 17th St, Denver, Colorado, 80202, United States Phone Number (303) 298-1000 Website www.anschutz-exploration.com Revenue $29.4M Industry Electricity, Oil & Gas Energy, Utilities & Waste Treatment Anschutz Exploration Corporation's Social Media Is this data correct? 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. Letter from Bruce F. Black to Harriet E. Meiers, 2006. Customer inquiries are best handled by calling 800-647-7261. 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. Prior to moving He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. Project purpose Wyoming wind Wind farm appearance Timeline Company. Join to connect The Anschutz Corporation. (business & personal). The Anschutz Corporation employs 8 employees. [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. Aisan Corporation of America. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. 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. 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. 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 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). Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). " * " indicates required fields. Add an executive. Internal Revenue Service. Doreen joined CU Innovations in May of 2017 as a licensing associate. 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. But in 1993, SP slid back to a loss of $149 million. For assistance, contact one of our team members below or complete this contact form. Kimberly has a graduate degree in Genetics, and received her law degree with highest honors from the University of Connecticut School of Law. [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. Should You Buy Philip Morris Stock Over Its Sector Peer? Oklahoma. Select a state to view the market leadership. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. 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 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.