The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Jeffrey Vinik May 3, 2014 Chairman, President, and CEO of Vinik Asset Management Graduation Year: 1981 Degree at Duke: Bachelor of Science Major/Program: Civil Engineering Career Highlights: Former manager of the world's largest mutual fund, Fidelity Magellan The Lightning secured two-straight Atlantic Division crowns (2018 and 2019) and their third and fourth division titles overall with Griggs as CEO. Vinik was born to a Jewish family in Deal, New Jersey. We had the best regular season in 20 years. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. He is on the board of Sofie Biosciences. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to Times Publishing Co., which owns the Tampa Bay Times. Mainly, we talk budgets. He is also a member of FBN Partners, a group of local investors who have loaned $15 million to Times Publishing Co., which owns the Tampa Bay Times. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. He also poured $80 million into Amalie Arena renovations, including the installation of a massive center-hung arena HD video display board, the largest of its kind in North America at the time. Three crowd-pleasing art installations: the Beach Tampa at Amalie Arena in 2016, the free collection of Lego sculptures known as the Art of the Brick in 2017, and Yayoi Kusamas Love is Calling to the Tampa Museum of Art in 2018. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Vinik would give anything to win that third Stanley Cup in a row, especially now that theyll have to climb back by winning four of a possible five games. Additionally, under the umbrellas of the Vinik Family Foundation and the Lightning Foundation, Jeff and his wife Penny have invested nearly $40 million in Tampa Bay area charities through a variety of programs and donations, the most notable being the Lightning Community Heroes program, in which $50,000 is donated to worthy individuals and their non-profits of choice at each Bolts home game. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. At Theragnostics, Greg has been instrumental in raising capital via grant funding and private investment. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. In a time of uncertainty, social unrest, and growing financial inequality, it seems difficult, if not absurd, to root for the success of a multi-billionaire businessman. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. Non-Exec Director. You could get in the door for as little as $2 or find a free ticket if you happened to pick up your dry cleaning or walk into the right grocery store at the right time, but still there was little support. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. Beginning at Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. No doubt, 31 other owners have every right to be envious even jealous. One of Tampa Bay's leading philanthropic couples takes time to work on reconciling. So I choose to let it run, let the people do their job. Look at the little bit of pain and look at all the gain that hes gotten since then.. Ian focuses on investing in private sector opportunities and taking them to the public markets. Does New College have money to pay Richard Corcorans salary? Enter Search Term. I couldnt have done what he did. Contact Eduardo A. Encina at eencina@tampabay.com. But if we cant, I hope its you. Thats how fond Leonsis has He became a star at Fidelity and went on to manage their world-renowned Fidelity Magellan Fund in the mid-1990s, earning investors a whopping 17% in average annual returns. It was very sobering, adds Leiweke, now the president and CEO of the Seattle Kraken. Insert commas between addresses: email1@address.com, email2@address.com. Whitepages people search is the most trusted directory. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. Penny Vinik also serves as vice chairwoman on the museums governing board of trustees. So you have to have patience. The Tampa Bay Sports Store at Amalie Arena features a selection of Tampa Bay Lightning t-shirts, jerseys, autographed memorabilia and more! A large portion of the population had an affinity for a game usually reserved for northern US states and Canadian provinces. Killorn adds that Vinik couldnt be a better owner. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. Koules and Barrie bought the team in 2008, but Barrie ran into legal problems, was not getting along with Koules and the two didnt have the means to make it work long-term as owners during a turbulent time in the economy. The couples donations to coronavirus relief efforts have reached nearly $2 million, including $1 million to Metropolitan Ministries and almost $1 million to bay area civic relief funds, aid for USF students, public awareness campaigns and a fund for Lightning employees. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. Prior to Griggs' arrival, the Lightning played to 83 percent capacity or less for two consecutive seasons before seeing a major turnaround at the gate and a major brand renaissance. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. Jeff graduated from Duke University and earned his MBA from Harvard Business School. In between, we missed the playoffs. I was glad when the cavalry arrived. The Vinik family has also directly contributed to several local non-profits, including the Florida Aquarium, Tampa Museum of Art, the United Way of Suncoast, Metropolitan Ministries and Tampa Preparatory School and Jeff served as the Chairman of the American Heart Association's 2018 Tampa Bay Heart Walk. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will The older three children are in their 20s. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. But opting out of some of these cookies may affect your browsing experience. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Florida was among the states hardest hit. Viniks mantra: Hire good people, then dont interfere. It doesnt happen by chance. at Georgetown University School of Medicine and a J.D. tampabaylightning.com is the official Web site of the Tampa Bay Lightning. Baden holds an MBA from London Business School, and both a Masters degree in Commerce and Bachelors degree in Economics from the University of Sydney. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Hes just taken it to such a different level. We extended the abatement another two months this week, Jeff Vinik told the Times in September. From there, Bettman introduced Vinik to former CEO and co-general partner of the Minnesota Wild, Jac Sperling. Vinik also partnered with Bill Gates real estate investment arm, Cascade, and gobbled up 55 acres around the arena in a two-phase, nearly $4 billion project that has made and will continue to make the Water Street District a place to be. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. Related: Yzerman Has Defining Decisions To Make. Jeff helped solve an issue for Gary in a big way because it went from a problem for the league to quite a success. We are reconciling very well, and I am extremely optimistic that we will have a positive resolution to some of the challenges that weve had.. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. Whenever something bad happens, and you believe in your team and your organization, and theres outside voices, you have to thine own self be true. And Im really, really proud of Jeff for being strong. Griggs was instrumental in generating the team's "Be the Thunder" campaign that has galvanized the fan base and served as a rallying cry to fans both at the games and in the community. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The case was withdrawn by Penny Vinik, who in June filed a petition to dissolve her marriage to 61-year-old Jeff Vinik, the Tampa Bay Lightning owner and Water Street Tampa project developer. In Minnesota, Griggs' responsibilities included overseeing all Wild and MSE ticket sales and service, corporate sales and service, suite sales and service, retail operations as well as group and event suite sales. He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. And we ended up with a good hockey team, which doesnt hurt either.. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. As Vinik enters his 12th year of ownership, the Lightning are recognized nationally as one of the top organizations in North American sports, having appeared in the National Hockey League's Eastern Conference Final/Stanley Cup Semifinal six times (2011, 2015, 2016, 2018, 2020 & 2021), advancing to the Stanley Cup Final three times (2015, 2020 & 2021), winning hockey's ultimate prize in 2020 and 2021. He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. He previously served as CEO of Neose Technologies, Inc.; was President of Dr Reddys North American business; and was Senior Vice President of Research and Development at GlaxoSmithKline plc. Try a week on us. Asked if hes in it for life and this could be generational ownership for his kids to follow in his footsteps, though, the 63-year-old says, Not necessarily. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Our brand was irrelevant in the community for not only the product on the ice, which was pretty bad for a while, but also for just how we went about business. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Leiweke. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. Dr Langer is a graduate of Columbia University, and earned an M.D. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. Before coming to Tampa Bay, Griggs spent nearly three years serving as executive vice president of sales and marketing for the Orlando Magic. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). Cookies are small text files that can be used by websites to make a user's experience more efficient. Together, they have been one of the areas leading philanthropic families. The donation of an acre of downtown land for the new USF Health Morsani College of Medicine and Heart Institute. He also oversaw the introduction of the Lightning and AMALIE Arena's new Cur(ate) TPA initiative, bringing to life a focus to deliver fans and arena guests the very best in fresh, local food and beverage options, while also concentrating on variety, value, service and sustainability. By 2009, the organization was losing tens of millions of dollars, had one of the lowest season ticket bases in the NHL (4,500 season ticket holders) and played in a facility that needed significant upgrades. The couple met at a bar and restaurant when Jeff Vinik was a Harvard graduate student and she was working at an international consulting firm in Cambridge. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. Red tide is back (again) in Pinellas County. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. In summer 2017, VFF hosted THE ART OF THE BRICK, the world's largest display of LEGO art, featuring more than 100 works of art by renowned contemporary artist Nathan Sawaya. The organization has also been recognized for its corporate culture, being named to the Tampa Bay Times' Top 100 Best Places to Work five-consecutive years from 2014-2019. It was obvious at the time that we had a good thing going. In 2017, the Viniks donated $1 million to relief efforts after Hurricane Harvey struck the state of Texas and another $1 million (through the Lightning Foundation) after Hurricane Irma devastated much of the state of Florida. That wasnt hard. Please provide a valid email address. Before purchasing the Lightning in February 2010, the New Jersey native attended Harvard Business School where he obtained an MBA before joining Fidelity Investments. The Viniks have four children, Danny, Jared, Kyra and Joshua, none of whom are minors. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. There have been lows, although thats relative when there are so many fan bases out there accustomed to their teams missing the playoffs or suffering early exits. That filing referred to the marriage as irretrievably broken. 1 Sans Walk, London EC1R 0LT, T: +44 (0)20 3355 1546 Penny and Jeff have filed an I think that is the heart of Jeffs success, and its not easy to do in our world, Chipman says. TAMPA, Fla. Lets be honest: There are 31 NHL teams out there with owners who have every right to be envious even jealous of what Jeff Vinik has accomplished in his 12 years of owning the Tampa Bay Lightning, not only on the ice but off it. Slectionnez Grer les paramtres pour grer vos prfrences. They have made the playoffs nine times, been to the conference finals a whopping seven times, won the Prince of Wales Trophy four times and are now vying to make history by winning a third consecutive Stanley Cup in a 32-team, salary-cap era. At the time, Vinik was living in the Boston area and decided to reach out to the owners of the Red Sox, Bruins and Celtics to get some tips as to how he could begin his journey to owning an NHL franchise. We created a monster. https://t.co/tLVEvDzG4k, Alex Killorn, in his 10th season as a Lightning forward, says, Before I got here, it wasnt a great situation by any means, but with good drafting and with Mr. Vinik hiring the right people to manage the team, here we are.. When they had an off year or disappointing playoff, they didnt panic. Penny Vinik has made a substantial contribution to the acquisition of the parties assets and the produce of income throughout this 33-year marriage, the petition says. In addition, the team has added several new best-in-brand local, national and international partners including Cigar City Brewing, Pepsi, Grant Thornton and Ling Long Tires. When Vinik bought the franchise for a reported $170 million in the middle of a recession in 2010, the Lightning had 2,000 full season-ticket holders, less than a dozen suite holders and little corporate support. His previous career in investment management included six years with UBS in multi-asset class advisory as well as working in emerging markets private equity. $2.5 million to renovate and expand a Boys and Girls Club recreation center in the Palm River area. He has extensive product and clinical development experience across a range of small molecule and biological products. Jeffrey Vinik's career as an investment guru has had more twists and turns than San Francisco's famed Lombard Street. Ian focuses on investing in private sector opportunities and taking them to the public markets. In 2018, TBEP also launched The Identity Tampa Bay, an on-demand digital network that offers local lifestyle, entertainment and sports content in multiple forms, including a newsletter, digital media and streaming services. Prior to joining the Magic, Griggs served for seven years as the vice president of sales and service for the Minnesota Wild of the National Hockey League and their parent company, Minnesota Sports & Entertainment (MSE). Under Griggs' guidance, the Lightning were ranked No. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). But if we cant, I hope its you.. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. Records the default button state of the corresponding category & the status of CCPA. Griggs has helped lead the Lightning through six very successful seasons on and off the ice, including back-to-back Stanley Cup Championships and the Bolts' unprecedented regular season success in 2018-19, the team winning a franchise-best 62 games, tied for the most ever in NHL history. You also have the option to opt-out of these cookies. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. In Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLINGto the Tampa Museum of Art. Hes an unbelievable owner. Lightning Hockey, L.P. is a division of Vinik Sports Group. Congrats Erin Addio of the 1Voice Foundation for being named the Lightning Community Hero tonight! In 2013 he closed his firm to focus his efforts on his growing business interests in Tampa including one of the citys leading sports properties. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. Jeffrey N. Vinik. Want more of our free, weekly newslettersinyourinbox? The petition to dissolve the marriage of 33 years was filed this week in Hillsborough County. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. Its like the first two didnt happen. Without elaboration, the petition says the marriage is irretrievably broken. One of Tampa Bays most active philanthropic couples is reconciling their marriage. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Tampa Bay, a sunbelt team, was a solid hockey town on paper. Even watching him watch a game, he doesnt get emotional, Griggs says. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. A $50,000 grant is given out at each home game to the community heros charity of choice. Breathing issues are possible at some beaches. Griggs first joined the organization as COO on August 31, 2010. Overall, the Vinik Foundation has donated over $23 million to our community. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. I couldnt have done it. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. The Bolts' 128 regular season points in 2018-19 were the fourth most all-time in League history and the most in the NHL by 21 points over second-place finishers Calgary and Boston, allowing Tampa Bay to capture its first-ever Presidents' Trophy. At 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. I have been following the stadium developments, including the site selection, with great interest. Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. The Beach came to AMALIE Arena in 2016 and featured 1.2 million translucent white balls, creating an indoor beach for nearly 100,000 patrons. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. I dont think that far ahead. Well, we were ahead 3-2 in both series and lost Games 6 and 7. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. That was a Steve Yzerman pick, under his watch, but we could have gone through two GMs by the time that we had such a great goalie. Vinik and his franchise became Stanley Cup Champions on September 28, 2020 when the Lightning defeated the Dallas Stars in six games after spending 65 days in the pandemic-induced NHL "Bubble." Founded in September of 2016, aXiomatic is the majority owner of the Team Liquid franchise, a stalwart esports franchise, which won DOTA2's The International 2017 and secured back-to-back North American championships in 2018 for League of Legends' North American League Championship Series. Of Tampa Bay Bay 's leading philanthropic families because it went from a for. 20 million to the endowment at the time that we had a good going., Apple, Southwest Airlines and Honda text files that can be used by websites to make a user experience. Known for having founded and chaired two billion-dollar companies in the cavalry, says. Hillsborough County acre of downtown land for the Orlando Magic best known for having founded and two! Filed a petition June 8 in Hillsborough County, implement superior, friendly customer service and... And Section Editor of the National Hockey league 's board of Governors population an! 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