from the University of Colorado Law School and a Ph.D. in Biochemistry and Molecular Biology from the University of North Texas. Editor in Chief Stephen Hayes had initially been cleared to find a buyer but after a venture capital firm agreed to broker any future deal, Anschutz withdrew permission and decided to effectively kill the company in order to harvest its subscribers. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. 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. Nissan North America Inc. We see them around but we don't know what goes on behind the scenes. Denver, Colorado, United States. 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. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. 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. 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. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. In recognition of its preservation efforts, The National Trust for Historic Preservation presented its President's Award to the Anschutz Exploration Corporation. 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.). Doreen joined CU Innovations in May of 2017 as a licensing associate. Power Company of Wyoming LLC is a wholly owned affiliate of The Anschutz Corporation, a privately held company based in Denver. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. She is a member of the Doyle Inn of Court and the Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Kimberly has a graduate degree in Genetics, and received her law degree with highest honors from the University of Connecticut School of Law. LightEdge is a business-to-business hosted services provider focused on Wide-Area-Networking, Voice-over-IP, Hosted Microsoft applications (Exchange, OCS, SharePoint), hosted servers/storage collocation cage and rackspace and Business Continuity Services. As 2023 evolves, companies must be ready to adapt to new challenges in order to succeed. Raja received a B.S. The Anschutz Corporation also owns The Broadmoor-Sea Island Company which operates The Broadmoor hotel, The Broadmoor Manitou and Pikes Peak Cog Railway and the Sea Island resort. 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. [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. 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. Among the real estate Anschutz purchased in the 1970s was a property on the Wyoming-Utah border, known as Anschutz Ranch East. It is also the owner of entertainment venues and under AEG Live the world's second-largest presenter of live music and entertainment events after Live Nation. 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. But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. The Anschutz Corporation 5.0 1 review Write a review Snapshot Why Join Us 1 Reviews 1 Salaries Jobs 2 Q&A Interviews Photos The Anschutz Corporation Careers and Employment Reviews Project Revenue Accounting in Denver, CO Questions and answers People have asked 2 questions about working at The Anschutz Corporation. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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. [48][49], Anschutz is an active philanthropist. 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 N-2. Executive Director Contact | Bio Licensing Mary Tapolsky, PHD Senior Licensing Manager Contact | Bio Aisan Corporation of America. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. Operations Officer at Sintact Medical Systems. This Colorado-related article is a stub. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. Before her legal career, she was a Research Scientist in infectious disease leading teams focused on mechanisms of drug resistance and drug discovery at the Walter Reed Army Institute of Research Anschutz attempted to build Forest Oil into a major independent oil company through mergers and acquisitions. [52] In recognition of their philanthropic efforts, the Anschutzes received the 2009 William E. Simon Prize for Philanthropic Leadership. In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. for Regenerative Medicine as Director of Intellectual Property, and she continues to support the Gates Center as Entrepreneur in Residence. 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. Here's everything you need to know. 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. Enter employee name to find & verify emails, phones, social links, etc. Through ASM Global (formerly AEG), he owns stakes in venues including Crypto.com Arena and O2 Arena. On 320,000 acres in Wyoming, Anschutz aims to build one of the world's biggest wind farms. Anschutz spotted a huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility of profiting from dealmaking. 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. Looking for a particular The Anschutz Corporation employee's phone or email? In 1991 Anschutz carved SP Telecom out of Southern Pacific, taking full control of it for an investment of $55 million. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. 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. 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. 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. 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. 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. St. James Press, 2001. 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. His grandfather, Carl Anschutz,[6] was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell. His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. But in 1993, SP slid back to a loss of $149 million. [15] Contact Anschutz Foundation 1729 Tremont Place Denver, CO 80202 (303) 308-8220 [12] Articles and Resources Related SourceWatch Articles Her career at Anschutz began in 2013, when she began working for the Gates Center With Anschutz once again wielding political pressure, the Congress passed the legislation that replaced the ICC with the STB in December 1995. Bachelor of Psychology from Texas Tech University, Skaggs School of Pharmacy and Pharmaceutical Sciences, Children's Hospital Center for Innovation. 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. Josh Eidelson, "Walmart, Right-Wing Media Company Hold Star-Studded Benefit Promoting Education Reform Film" In These Times, August 13, 2012, United States. The Random Acts of Kindness Foundation Leadership, Brownstein Hyatt Farber Schreck Executives, The Random Acts of Kindness Foundation Executives. 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. [14] Thomas G. Kundert also serves as Treasurer of Anschutz Corporation. Finally, we can read about how these great companies came about with Company Histories.. Here's why it was my top pick. [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. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. In 1997 Anschutz and Roski inked a deal to build a state-of-the-art sports arena in Los Angeles that would become the home ice for the Kings. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. Customer inquiries are best handled by calling 800-647-7261. 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. in pharmaceutics from Long Island University, an M.S. (303) 304-9967 |michael.mcgarry@cuanschutz.edu. (business & personal). Sep 16, 2011 Updated Aug 31, 2020. her law career at Lyon & Lyon, LLP. The Anschutz Corporation is a privately held company based in Denver, Colorado. She also supports the business development team with strategic He was also the co-founder and Chief 24387 Halsted Road, Farmington Hills, Michigan 48335, USA. 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. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. in Biology from Tufts University. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. 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. Lorem ipsum dolor sit, amet consectetur adipisicing elit. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. It is the world's largest owner of sports teams and sports events. that utilized recombinant microorganisms for the production of ethanol and butanol. ", "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. Spitzer's suit was panned in a Wall Street Journal editorial headlined "The Anschutz Ransom". 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. "[37], Anschutz supported the Parents Television Council, a group that protests against television content that they consider indecent. Chad manages our innovations database and conducts analysis for the department. 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. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. In later years, Anschutz contributed to Dole's political campaigns. Javascript is disabled in your web browser. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. Financial Executive - The Anschutz Company Oklahoma City Metropolitan Area. 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. [39] He financed The Foundation for a Better Life. 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. All rights reserved. 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. 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. Join to view profile . Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. Signal Hire. 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. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. industry outreach and operational support. Since starting at Anschutz Medical (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. grant fund, and a nearly $50 million venture fund. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. For assistance, contact one of our team members below or complete this contact form. This site works best when Javascript is enabled. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. Anschutz had to overcome a major hurdle to achieve his objective of solidifying his railroad holdings. First, he planned to cut costs by reducing the employee ranks through a buyout program and a reorganization. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. Richard holds a J.D. 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. In return, Spitzer dropped his civil suit. sponsored research, or use of capabilities at the Anschutz Medical Campus, such as the Drug Discovery Center or the Gates Biomanufacturing Facility. 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. They have also donated to the University of Kansas, their alma mater. 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. Overall, on-time deliveries were up by more than 50 percent in his first year. 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 was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. In 1982 Anschutz sold an interest in it to Mobil Oil for $500 million. Following these sales, Anschutz owned 41 percent of the shares outstanding. She manages the implementation of clinical research within the CU Innovations digital health team. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. Executive Vice President at The Anschutz Corporation Denver, Colorado, United States. In one-on-one interviews, Rubenstein. Greater Denver Area. 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. 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. 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. The headquarters is in Denver, Colorado. 2022The Regents of the University of Colorado, a body corporate. Henry Dubroff of the Denver Post estimated that Anschutz had pocketed pretax profits of as much as $500 million from the stock offerings. Join to connect The Anschutz Corporation. (303) 724 - 1061 |doreen.molk@cuanschutz.edu. 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. Campus, he has worked both with the PreAward Shared Services team under the Dean's Office within the School of Medicine and as the Research Budget and Grants Manager for the Division of Gastroenterology and Hepatology in the Department Anschutz grew up in Russell, as did Bob Dole. Counsel staff, Ms. Ross was a litigator with Messner Reeves in Denver. Join our email list to receive periodic updates and meeting notifications. Black, Bruce F. (January 12, 2006). In 1970, Anschutz bought the 250,000-acre (1,000km) Baughman Farms, one of the country's largest farming corporations, in Liberal, Kansas, for $10 million. 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. He invested in stocks, real estate and railroads. You want to own it. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. The Gates Institute is designed to fill gaps in traditional academic infrastructure, from providing internal resources to strengthening industry partnerships. [40] In 2010, he financed the pro-charter school film Waiting for Superman. In April 2002, the Anschutz Exploration Corporation gave up its plans to drill for oil in the area. Moyers had retired after a very successful four-year stint at Illinois Central, where he cut its operating ratio (operating expenses as a percentage of revenues) from 98 percent to 71 percent. Prior to CU, Raja worked as a Commercialization Manager at the University of Kentucky The New York Times called the takeover 'the most spectacular merger fiasco of modern times.'. Anschutz Company operates as a holding company. 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. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. N-1. 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. Based on 193 salaries posted anonymously by Robertson, Anschutz, Schneid, Crane & Partners Executive Recruiter employees in Smiths Falls. 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]. In this role, his primary responsibility is to help build partnerships/collaborations between academic researchers and industry in the areas of clinical trials, Consistently ranked as the richest person in Denver, Anschutz became better known nationally in the late 1980s and early 1990s for acquiring railroad lines, including the small Rio Grande Railroad and a railroad giant, Southern Pacific Rail Corporation. 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. During Kimberlys 0. 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.
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