From Struggling Wildcatter to Billionaire Dealmaker: 1960s--Early 1980s. SP Telecom continued digging trenches along the tracks and laying fiber-optic cable, then leasing the lines to such telecommunications firms as AT & T and MCI. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. 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.). Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. 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. Anschutz hired Moyers as chief executive, and Moyers immediately focused on Southern Pacific's operating ratio, which stood at 96.5 percent in 1993. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. Executive Vice President and Chief Mission Integration Officer, Ascension. Services Management & Mental Health Administration. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. 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. [42], Anschutz has donated to conservative causes and groups that are anti-LGBTQ and anti-abortion. 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. in the US and Brazil. [55], Entertainment Anschutz Entertainment Group. Doreen holds a Master of Science from the Colorado School of Mines in Applied Chemistry and a Bachelor of Arts from the University of Colorado in Biochemistry. 2022The Regents of the University of Colorado, a body corporate. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. innovation management, forming key strategic industry partnerships, and licensing. There is an Anschutz Library and an Anschutz Sports Pavilion. Related by education: University of Kansas. 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.". Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. in UKs Colleges of Pharmacy and Medicine. MarieGriffinPhotography Marie Griffin Dennis DBA Marie Griffin Photography Anschutz closed the deal for Southern Pacific in the fall of 1988. 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. Prior By the early 1980s, Oxford-AnsCo had developed several major skyscrapers in Denver, including the 56-story Republic Tower and the 39-story Anaconda Tower, worth an estimated $250 million. Doreen has also previously worked as a research assistant at the University of Colorado in the Department of Pediatric Hematology and Oncology as well as a teacher of high school biology. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. 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. Looking for a particular The Anschutz Corporation employee's phone or email? With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. Sep 16, 2011 Updated Aug 31, 2020. No credit card required. 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. With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. Additionally, Raja is a graduate of Steve Blanks Lean Launchpad Program for Life Sciences and has advised multiple startup companies, including coaching teams through business plan competitions. 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. of strategic industry partnerships, and the development of long-term growth strategies for CUI. Source: International Directory of Company Histories, Vol. Proceeds benefit the National Western Scholarship Trust. Power Company of Wyoming LLC is a wholly owned affiliate of The Anschutz Corporation, a privately held company based in Denver. Among the real estate Anschutz purchased in the 1970s was a property on the Wyoming-Utah border, known as Anschutz Ranch East. Find company research, competitor information, contact details & financial data for The Anschutz Corporation of Saratoga, WY. Sign up for a free account. 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. Pricing; API; . In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. I tested eight electric razors for women and found the Philips SatinShave Electric Shaver to have the best combination of features and most efficient battery. 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. They have also donated to the University of Kansas, their alma mater. [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. 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. This Colorado-related article is a stub. [18] In 2011, it was announced that Anschutz had purchased the Oklahoma Publishing Company, and as part of their assets The Broadmoor and the Manitou and Pike's Peak Railway in Colorado Springs and Manitou Springs respectively.[19]. 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. 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]. Aisan Corporation of America. As 2023 evolves, companies must be ready to adapt to new challenges in order to succeed. In April 2002, the Anschutz Exploration Corporation gave up its plans to drill for oil in the area. Board. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. All rights reserved. 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. The company behind TransWest, Anschutz Corporation, amassed a fortune in the 20th century in the oil-rich shale deposits of Wyoming. For several years, Anschutz was Colorado's sole billionaire. 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. 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. Through AEG Live, he owns the Coachella Valley Music and Arts Festival, Sea Island Resorts and The Broadmoor hotel in Colorado. 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. for Regenerative Medicine as Director of Intellectual Property, and she continues to support the Gates Center as Entrepreneur in Residence. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. development and external innovation partnership opportunities with our healthcare system partners. 36. 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). 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. Emily joined the CU Innovations team in May of 2021 as a Project Manager. Financial Executive - The Anschutz Company Oklahoma City Metropolitan Area. 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. N-1. She is thrilled to bring her skills to the CU Innovations team. Although the initial offering price was estimated at $20 per share, the actual price of the shares as issued was $13.50. 24387 Halsted Road, Farmington Hills, Michigan 48335, USA. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. She also supports the business development team with strategic 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. Forbes Vetted deals writer Jordan Thomas says Philips' SmartSleep Sunrise Alarm Clock has transformed her morning routine. Since starting at Anschutz Medical Prior to joining CU Anschutz, she managed funding and entrepreneurship programs in Science Foundation Ireland, the Irish government science funding agency. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. 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. 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. The Anschutz Corporation. Privacy Policy. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. Prior to UK, Raja spent 15+ years working in roles of increasing responsibilities in product development for various companies within the pharmaceutical industry. 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. 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 About Philip Anschutz Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. 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. 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. [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. In one-on-one interviews, Rubenstein. You want to own it. 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. NSF, JDRF, and the American Cancer Society. 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. ", https://en.wikipedia.org/w/index.php?title=The_Anschutz_Corporation&oldid=1122683027, This page was last edited on 19 November 2022, at 00:28. brand messaging. Anschutz was also attempting to leverage the real estate holdings of Southern Pacific by developing some of the land rather than selling it to other developers. 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. Over the next few years, Qwest grew rapidly through acquisitions. In later years, Anschutz contributed to Dole's political campaigns. She holds a Bachelor of Arts degree from the Emory University and graduated University of Colorado Law School. permission only. [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. [14] Thomas G. Kundert also serves as Treasurer of Anschutz Corporation. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. Alabama. Michigan. The data presented on this page does not represent the view of The Random Acts of Kindness Foundation and its employees or that of Zippia. He is licensed to practice law in Texas and Colorado. 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. Texas. Anschutz continued to hold his five percent stake in Union Pacific into the 21st century. 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? When you see what can be done, the possibilities, you want to be involved in something. 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]. When combined, they comprise the largest commercial wind generation facility proposed in the U.S. and one of the largest in the world." Establish meaningful relationships across the executive teams and Board of Directors to champion . 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 purchased cattle ranches, uranium and coal mines, and wheat and vegetable farms, and launched a New York-based commodity trading company specializing in oil and metals. 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. ", "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. 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. Florida. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. to joining the CU Innovations team, Doreen was a licensing coordinator at the National Renewable Energy Laboratory, where she focused on the active marketing of technologies and management of NRELs diverse software portfolio. Internal Revenue Service. Department of the Treasury. (303) 724 - 0220 |heather.callahan@cuanschutz.edu. million verified professionals across 35 million companies. (303) 724 - 1329 |gali.baler@cuanschutz.edu. - Act as . The New York Times called the takeover 'the most spectacular merger fiasco of modern times.'. Lorem ipsum dolor sit amet consectetur adipisicing elit. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. All Rights Reserved. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. (303) 724 - 1098 |dallas.martin@cuanschutz.edu. the Head of Patent Development for Intellectual Ventures Invention Development and resided in Asia. 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. Director of Investments Gabe provides due diligence analysis for internal and external innovation partnership opportunities. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. * I understand and agree that registration on or use of this site constitutes agreement. He also invested in the Power Company of Wyoming LLC,[32] formed in 2007[33] (re-incorporated in 2010)[34] for the purpose of building the Chokecherry and Sierra Madre wind power complex in Carbon County, Wyoming, comprising up to 1,000 wind turbines with up to 3,000 megawatts of capacity. 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. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. In 1998 the company became the number four long distance company in the United States through a $4.4 billion stock-swap purchase of LCI International. [21], In 2012, SportsBusiness Journal named Anschutz the fifth most influential person in sports business in its annual survey of the "50 Most Influential People in Sports Business.

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