Ascension provides care in 19 states and the District of Columbia. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. 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. 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. of Medicine. 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. 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. The company is further broken down into several groups including AEG Presents, AEG Sports, and the Anschutz Film Group. In April 2002, the Anschutz Exploration Corporation gave up its plans to drill for oil in the area. 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. 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. *. In return, Spitzer dropped his civil suit. industry outreach and operational support. In this role, his primary responsibility is to help build partnerships/collaborations between academic researchers and industry in the areas of clinical trials, Richard holds a J.D. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. Who is Anschutz Exploration Corporation Headquarters 555 17th St, Denver, Colorado, 80202, United States Phone Number (303) 298-1000 Website Revenue $29.4M Industry Electricity, Oil & Gas Energy, Utilities & Waste Treatment Anschutz Exploration Corporation's Social Media Is this data correct? Executive Vice President: Colorado, USA Adam Brewer: Technical Support Manager: Colorado, USA . Following these sales, Anschutz owned 41 percent of the shares outstanding. Internal Revenue Service. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. 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. 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. [26][27] MLS Commissioner Don Garber stated in 2006 that "without Phil Anschutz, there's no MLS today."[23]. (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 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. . [2][3][4][5] His father was an oil tycoon and land investor who invested in ranches in Colorado, Utah and Wyoming, and eventually went into the oil-drilling business. Tennessee. 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. [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. 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. innovation management, forming key strategic industry partnerships, and licensing. Photo by Jamel Toppin/The Forbes Collection. 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 [62], His first cousin was fellow Russell native and longtime news anchor Wendall Anschutz. Through its affiliates, The Anschutz Corporation has been actively involved in the West for more than 75 years in the fields of ranching, agriculture, energy development and distribution, and more. Director of Investments David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Bachelor of Psychology from Texas Tech University, Skaggs School of Pharmacy and Pharmaceutical Sciences, Children's Hospital Center for Innovation. 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 pharmaceutics from Long Island University, an M.S. Overall, on-time deliveries were up by more than 50 percent in his first year. Get in touch with our corporate office or reach out to our national parks, make reservations, or tell us about your stay. Gabe provides due diligence analysis for internal and external innovation partnership opportunities. (303) 724 - 1329 | In another effort to reduce the debt load, 30 million shares were offered in August 1993. 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. When combined, they comprise the largest commercial wind generation facility proposed in the U.S. and one of the largest in the world." Used by 0. Although SP was still in weak financial condition, Moyers had managed to make a number of improvements, and in February 1995 he once again retired. Operations Officer at Sintact Medical Systems. In 1999, Fortune magazine compared him to the 19th-century tycoon J.P. Morgan, as both men "struck it rich in a fundamentally different way: they operated across an astounding array of industries, mastering and reshaping entire economic landscapes.". (303) 724 - 1098 | 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. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. Philip Anschutz, Fred's eldest son, assumed control of the company in 1962 and diversified it with holdings in the entertainment and hospitality industries. None of the information on this page has been provided or approved by The Random Acts of Kindness Foundation. By 1995 railroad industry consolidation was reaching a crescendo, with the number of major railroads having been reduced from 40 in 1980 to ten, and with the completion of the merger of Burlington Northern and the Sante Fe. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. Michael joined CU Innovations in 2022. (303) 724 - 3720 | The company has diversified investments worldwide in hospitality, technology, traditional and renewable energy,. Prior to CU Innovations, 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. 36. Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). Anschutz and Comsat (later Ascent Entertainment), then owners of the National Basketball Association's Denver Nuggets and later the owners of the National Hockey League's Colorado Avalanche, developed a proposal for a $130 million sports and entertainment center that would include a new basketball and hockey arena and film and television studios. In the summer of 1993, Anschutz turned to a railroad company veteran, Edward Moyers, to assist in turning SP around. 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 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. Through ASM Global (formerly AEG), he owns stakes in venues including Arena and O2 Arena. Tulsa. For several years, Anschutz was Colorado's sole billionaire. learn how over 7,000 companies got started! With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. Instead, he expanded his holdings of what became known as the Overthrust Belt, acquiring leases on ten million acres. SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. 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. Xanterra purchased the resort from Busch Properties, Inc. (BPI). 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. +1 213 763 7700. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. You can help Wikipedia by expanding it. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. Looking for a particular The Anschutz Corporation employee's phone or email? His father, Fred Anschutz, was a renowned oil field wildcatter who made and lost several fortunes. He is the majority owner of the NHL's Los Angeles Kings,. In recognition of its preservation efforts, The National Trust for Historic Preservation presented its President's Award to the Anschutz Exploration Corporation. With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. Up to 5 Signal Hire. Prior to UK, Raja spent 15+ years working in roles of increasing responsibilities in product development for various companies within the pharmaceutical industry. Still, that the offering was successful at all was attributed by many to the hiring of Moyers. First, he planned to cut costs by reducing the employee ranks through a buyout program and a reorganization. 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. (303) 724 - 1061 | 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 * I understand and agree that registration on or use of this site constitutes agreement. 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. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. Over the next few years, Qwest grew rapidly through acquisitions. The company began offering its own long distance service to business customers in the Southwest in 1993. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Anschutz invested in both the Oil & Gas Asset Clearinghouse, an auction company designed for the oil & gas business, and NRC Broadcasting, which owns a string of radio stations in Colorado. It was Fred Anschutz who founded the Anschutz Corporation, incorporating it in 1958. Kimberly Muller, Esq. Join our email list to receive periodic updates and meeting notifications. Closing was expected in October 2011. million verified professionals across 35 million companies. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. With 20+ years of experience in art direction and advertising for a wide range But the plan fell through when Anschutz insisted that Ascent sell him 50 percent of the Avalanche and Ascent refused. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness Foundation. In 1984, Anschutz entered the railroad business by purchasing the Rio Grande Railroad's holding company, Rio Grande Industries. 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. ", "Coachella owner personally gave $187,300 to Republican candidates and Super PACs in 2017",, "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,, 2017 - Native Sons and Daughters of Kansas "Kansan of the Year", This page was last edited on 28 January 2023, at 08:11. She is thrilled to bring her skills to the CU Innovations team. Anschutz attempted to build Forest Oil into a major independent oil company through mergers and acquisitions. Texas. permission only. Anschutz is the principal owner of the National Hockey League's Los Angeles Kings and is a minority owner of the National Basketball Association's Los Angeles Lakers. All rights reserved. The Anschutz Corporation is a privately held company based in Denver, Colorado. in UKs Colleges of Pharmacy and Medicine. Prior to Genentech, he held roles across start-up companies and large companies 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. Heather earned an Executive MBA from the Daniels School of Business at Denver University, a J.D. Anschutz closed the deal for Southern Pacific in the fall of 1988. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. Members of the media with inquiries about the PCW wind energy project Josh Eidelson, "Walmart, Right-Wing Media Company Hold Star-Studded Benefit Promoting Education Reform Film" In These Times, August 13, 2012, United States. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. Enter employee name to find & verify emails, phones, social links, etc. [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. Emily has worked on the Anschutz Medical Campus for over 7 years in the Department of Emergency Medicine and the Department of Pediatrics, performing clinical operations and medical education program management. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! Anschutz is the son of Fred and Marian Pfister Anschutz. Anschutz owns two five-star resorts, the Broadmoor in Colorado Springs and Sea Island in Georgia. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. her law career at Lyon & Lyon, LLP. 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. Gali has a PhD in Biomedical Engineering from Northwestern University, a Bachelors in Materials Science Engineering from Cornell University, and a certificate in Management for Engineers and Scientists from the Kellogg School of Management. Related by education: University of Kansas. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. TropiGol Sports, Anschutz saved MLS from extinction, September 19, 2012. 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. This Colorado-related article is a stub. He was also a director of Forest Oil Corporation beginning in 1995. 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 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 Gates Institute is designed to fill gaps in traditional academic infrastructure, from providing internal resources to strengthening industry partnerships. She also worked at two biotech companies in California, Hollis-Eden Pharmaceuticals, Inc. and Genset Corporation, after beginning 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. Sports Business Journal, Soccers visionary: Phil Anschutz, June 5, 2006. in the US and Brazil. Establish meaningful relationships across the executive teams and Board of Directors to champion . 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. 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. Ms. Mullers business development responsibilities include investing, company creation, Anschutz had to overcome a major hurdle to achieve his objective of solidifying his railroad holdings. Amoco attempted to buy Anschutz's mineral rights but he refused. " * " indicates required fields. 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. 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. Project purpose Wyoming wind Wind farm appearance Timeline Company. At that point, Anschutz had managed to turn his initial $55 million investment in SP Telecom into $4.9 billion. Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. All trademarks are registered property of the University. 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. Javascript is disabled in your web browser. He also began securing the rights to lay cable along the tracks of other railroads, eventually gaining agreements to lay cable along 40,000 miles of railway. From Struggling Wildcatter to Billionaire Dealmaker: 1960s--Early 1980s. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. During Kimberlys Sign up! Board. has 43 executives and 1 subsidiary. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . 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. Last edited on 19 November 2022, at 00:28, The Broadmoor Manitou and Pikes Peak Cog Railway, "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company? Denver, Colorado, United States. 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. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. 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. tenure, Yales Office of Cooperative Research started more than 70 new ventures that have raised over $5 billion in investor capital. (303) 724 - 1039 | [48][49], Anschutz is an active philanthropist. CU Innovations specializes in commercializing technology, developing ventures, and building business partnerships. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. 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.
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