Peter Murphy | |
---|---|
Born | Peter E Murphy 1962 Massachusetts |
Occupation | Entertainment executive |
Years active | 1988–present |
Peter E Murphy (born 1962) is an American businessman and founder of Wentworth Capital Management. He was chief strategic officer of Disney [1] and President, Strategy & Development of Caesars Entertainment Corporation. [2] [3]
Peter E. Murphy is the founder of Wentworth Capital Management, a private investment and venture capital firm focused on media, technology, and branded consumer businesses. Wentworth advises and invests in early and late stage growth businesses in digital media, television, and entertainment. Murphy also serves on the Board of Directors of various media and digital companies, including Tribune Company (Nasdaq : TRBAA) [4] serving as chairman of the audit committee, Revel Entertainment, [5] where he serves as the chairman of the board, and Malibu Boats (Nasdaq : MBUU) [6] where he serves as chairman of the compensation committee. Previously, Murphy served on the Board of Directors for Fisher Communications (Nasdaq : FSCI) [7] and Dial Global (Nasdaq : DG). [8]
From 2009-2011, Murphy served as President, Strategy & Development of Caesars Entertainment, [9] an Apollo-TPG portfolio company and the world’s largest gaming company. He was responsible for corporate strategy and growth, mergers & acquisitions, corporate development, and real estate development around the world. Prior to Caesars, Murphy was an operating partner at the private equity firm Apollo Global Management focused on media and entertainment investing.
Murphy spent 18 years at The Walt Disney Company (Nasdaq : DIS) in senior executive roles, serving as Disney’s senior executive vice president, chief strategic officer, [10] [11] senior advisor to the CEO, a member of the company's executive management committee, and CFO of ABC, Inc. [12] He was responsible for strategy, new business development, mergers and acquisitions, technology, brand management, and long term planning for the growth of Disney's global businesses. The "Strategic Planning" department he headed was reviled by other Disney employees and was blamed by some for supposed missteps Disney took towards the end of the Eisner era. [13] [14] During his tenure the company grew from ~$5 billion in revenue to over $35 billion, driven by the acquisition of Capital Cities/ABC which Murphy spearheaded. [15] Other high-profile acquisitions he led include Miramax Film Corp, Fox Family Worldwide and The Muppets. [16] He was recognized by The Hollywood Reporter in their “Next Generation: Hollywood’s Top 35 Executives under 35” list and lectures regularly at the Tuck School of Business at Dartmouth. [17]
Peter Murphy has a bachelor's degree from Dartmouth College where he graduated Phi Beta Kappa and Magna Cum Laude, [18] and an MBA from the University of Pennsylvania Wharton School of Business.
Harrah's Entertainment was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands. In 2013, it was the fourth-largest gaming company in the world, with annual revenues of $8.6 billion. It was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment.
The Jim Henson Company is an American entertainment company located in Los Angeles, California. The company is known for its innovations in the field of puppetry, particularly through the creation of Kermit the Frog and the Muppets characters.
Tracking stock, also known as letter stock and targeted stock, is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization. Therefore, the tracking stock will be traded at a price related to the operations of the specific division of the company being "tracked". Tracking stock is typically limited, or has no voting rights. Often, tracking stock is issued to separate a high-growth division from its parent company, while the parent company and its shareholders remain in control of the subsidiary's operations.
Stephen Frasier Bollenbach was a financial manager who served as CEO and CFO for many hotel-related organizations. After working with financier Daniel K. Ludwig from 1968 to 1980, he oversaw mergers and acquisitions for various corporations to include Marriott Corporation, Holiday Corporation, Harrah's Entertainment, the Trump Organization, Disney, and Hilton Hotels. He served on various corporate boards, including the nonexecutive chairman of Los Angeles-based KB Home and a member of the board of directors of Time Warner. He served on the board of directors for American International Group, Inc. (AIG) during the 2007 financial crisis, and he was also a director of Harrah's Entertainment, Inc., Macy's, Inc., and the Los Angeles World Affairs Council.
Thomas Owen Staggs is an American business executive and investor. He formerly worked at Disney for nearly 27 years, beginning in 1990, serving as chief operating officer (COO) and chief financial officer (CFO) of The Walt Disney Company and as chairman of Walt Disney Parks and Resorts Worldwide. He holds directorships on various company boards, including Spotify.
WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management.
Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing in two growth industries, technology and healthcare, primarily in the United States. WCAS has a current portfolio of approximately 30 companies and has organized 17 limited partnerships with total capital of over $27 billion, consisting of 13 equity partnerships and four subordinated debt partnerships. WCAS is currently investing equity funds, including WCAS XII, L.P. and WCAS XIII, L.P.
Web.com Group Inc. is an American company headquartered in Jacksonville, Florida that provides domain name registration and web development services. Established in 1999 by Darin Brannan, the company was known as Website Pros Inc. until early 2008, after acquiring an Atlanta-based company called Web.com, which was founded in 1981 and formerly known as Interland, Inc. Web.com has 3.3 million subscribers, as of 2016, and 3,500 employees throughout the United States and in Argentina, Canada, and the United Kingdom, as of 2017.
A chief strategy officer (CSO) is an executive, that usually reports to the CEO, and has primary responsibility for strategy formulation and management, including developing the corporate vision and strategy, overseeing strategic planning, and leading strategic initiatives, including M&A, transformation, partnerships, and cost reduction. Some companies give the title of Chief Strategist or Chief Business Officer to its senior executives who are holding the top strategy role.
Park Place Entertainment, later named Caesars Entertainment, Inc., was a casino company based in Paradise, Nevada. For a time it was the largest casino operator in the world. It was formed in 1998 as a corporate spin-off of the gaming division of Hilton Hotels, and renamed as Caesars Entertainment in 2003. The company was acquired in 2005 by Harrah's Entertainment, which later took on the Caesars Entertainment name.
Peter Cuneo is an American businessperson known for serving as CEO and Vice Chairman of Marvel Entertainment, President and CEO of Remington Products, Managing Principal of Cuneo & Company, a private investment and management company and President of Black & Decker security hardware group. Business Insider named Cuneo as one of the "Ten Greatest Turnaround CEOs". Cuneo is currently Chairman of Arrival (company).
Mitch Garber is a Canadian lawyer, investor and business executive. He is a Member of the Order of Canada.
Pharmaceutical Product Development (PPD) is a global contract research organization (CRO) providing comprehensive, integrated drug development, laboratory and lifecycle management services. In December 2021, PPD became a wholly owned subsidiary of Thermo Fisher Scientific.
Thomas Sawyer Murphy was an American broadcasting executive, and was chair and chief executive officer of Capital Cities / ABC, Inc. until 1996. Together with fellow Capital Cities executive Daniel Burke, Murphy engineered the acquisition of the American Broadcasting Company in 1986 for $3.5 billion. Murphy and Burke, who served as president and chief executive of ABC until 1994, are credited with increasing the profitability and efficiency of ABC.
Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking advisory firm. Centerview has 60 partners and 300 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes.
Kevin A. Mayer is an American business executive who is the chairman of DAZN Group. He also serves as co-chairman and co-CEO of Forest Road Acquisition Corp II and as a senior advisor to Forest Road Acquisition Corp. He was CEO of TikTok and COO of its parent company ByteDance Ltd in 2020. Mayer is the former Chairman of the Direct-to-Consumer & International division of The Walt Disney Company. He was previously the senior executive vice president and chief strategy officer of Disney where he led their acquisitions of Pixar, Marvel Entertainment, BamTech, Lucasfilm, and 21st Century Fox. He also directed the divestitures of Miramax and ABC Radio.
Gary William Loveman is an American economist, businessman, and former academic professor. After nine years on the faculty of Harvard Business School, he left in 1998 to become COO of Harrah's Entertainment, which, following a number of acquisitions, became Caesars Entertainment. He was the CEO of Caesars Entertainment Corporation for 12 years until stepping down on June 30, 2015, amidst a bankruptcy and restructuring. He remained chairman until late 2017. He was then president of Aetna’s Consumer Health and Services division from October 2015 until January 2018. He is a partial owner of the Boston Celtics.
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.
Mark Paul Frissora is an American business executive. He has been the CEO and president of The Hertz Corporation, and was the CEO and president of Caesars Entertainment until 2019.
Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns 44 casinos, hotels, and racetracks and 4 golf courses throughout the United States.
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