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Owner Arthur Blank acquired the Atlanta Falcons Football Club in 2002. "I think one of the things that is wrong with America today that we can work on and become better at is that we need to become better listeners to each other and we need to be better about understanding where people are coming from," Blank said. Falcons and Atlanta United owner Arthur Blank "was among the invited guests" at the State Dinner with President Joe Biden and South Korea's President Yoon Suk Yeol at the White . peakgrantmaking.org/insights/, About 2 days ago from PEAK Grantmaking's Twitter via Sprout Social, Explore the latest grantmaking career opportunities on PEAK's Job Board, including new openings at: These are the top pieces of leadership advice our students took away from the discussion. Arthur was a student of Stuyvesant High School in New York City before enrolling at Babson College in Wellesley, Massachusetts, from where he graduated in 1963 with a Bachelor of Business Administration degree. They were married in June of 2016. He is best known for being a co-founder of the home improvement retailer The Home Depot. @VillanuevaEdgar The incredible financial success of the company has turned both Blank and Marcus into billionaires. If someone is out in the desert walking around, they're going to be thirsty. Arthur M. Blank School for Entrepreneurial Leadership, Why Miami Is Emerging as a Top 5 Entrepreneurial City, Babson Ranked No. Speaking with Mr. Blank helped students see the importance of defining their own core values and standing by them, even when that may be challenging. 2010-2023 Arthur M. Blank Family Foundation. You don't want to lose it. Though the 78-year-old who's now the owner of the Atlanta Falcons NFL team was aware of their political differences, he said it never had any bearing on their shared values. In 1995, he formed The Arthur M. Blank Family Foundation, dedicated to fostering innovative solutions that enable young people, families and communities to achieve results beyond what seems possible today. Blank told Business Insider that despite their political differences, their different leanings never got in the way of their ability to work together as partners or as friends. In a surprise move, Atlanta Falcons owner Arthur Blank announced Monday that Stephen Cannon, currently president and CEO of Mercedes-Benz USA, has been named the next CEO of AMB Group LLC . Blank retired as Home Depot's co-chairman in 2001 and bought the. As a frequent philanthropist, he also practices ethical capitalism in his personal finances. Invest time and resources in developing associates skills and assisting them in managing their careers. @BillGates We didn't think we could necessarily provide a safe environment despite CDC (Centers for Disease Control and Prevention) protocols and protocols of local health officials. While an undergraduate at Babson College in the early 1960s, he started a landscaping and laundry pick-up service to cover his expenses. [12] The club shares Mercedes-Benz Stadium with the Falcons. [4] He was born to Max Blank, a pharmacist, and Molly Blank. Opened in August 2017, Mercedes-Benz Stadium is home to the National Football Leagues Atlanta Falcons and Major League Soccers Atlanta United. You write about the pervasive cynicism in our society toward corporations. The Foundation, where Arthur Blank is chairman of the board of directors, created the Westside Neighborhood Prosperity Fund, a $15 million long-term commitment to invest in the people and communities around Mercedes-Benz Stadium. After cofounding Home Depot in Atlanta, Georgia, in 1978, Blank and Marcus helped put the do-it-yourself phenomenon on the map by offering the tools for personal home renovations. The inaugural Atlanta Falcons Rise Up and Run 5K/Walk Like MADD took place at the Georgia Dome further evidence of what the Blank Family Foundation describes as a "year-round partnership to expand MADD's presence across Georgia" that Angela Blank has helped spearhead. In 2012, Arthur Blank met Macuga while attending soccer league games in which her children and his then-15-year-old son, Joshua, played. This is what he said: "There's a lot of roadblocks to Michael coming back and even playing in the National Football League, Tony. 6 on Clayton County sheriffs top 10 most wanted list arrested while picking kids up, Over 130 vehicles broken into, several guns stolen at Henry County apartment complexes, Large amounts of drugs, weapons, other contraband seized by Ga. correctional officers, Woman who said her baby died while co-sleeping now charged with murder, Ga. police say, 75-year-old Ga. woman sold house to give Facebook romance scammer $100K, police report shows. In August 2017, both of Blanks' teams moved into their new $1.5 billion home, Mercedes-Benz Stadium, which hosted the 2019 Super Bowl. Arthur Blank bought the football team Atlanta Falcons from the previous owner Taylor Smith, the son of the franchise founder Rankin M. Smith Sr, in February 2002. Sports figures attend White House State Dinner. Through AMB Group LLC, he is the majority owner of Atlanta Falcons of the National Football League (NFL) and the owner of the Atlanta United FC of the Major League Soccer (MLS), which he also founded. Arthur M. Blank (born September 27, 1942) is an American businessman. Blank retired as Home Depot's co-chairman in 2001 and bought the NFL's Atlanta Falcons for $545 million in 2002 (his stake's now worth $1.8 billion). Check out PEAK's top 10 insights of 2022, our most-read posts of last year that offer inspirational calls to action, firsthand accounts of equitable relationship building, & takeaways from community confabs that resulted in new ways of approaching work. On Tuesday, April 13th, 2023, the Georgia Tech School of Electrical and Computer Engineering (ECE) held the Roger P. Webb Awards Program at the Klaus Advanced Computing Building Atrium to honor its outstanding students, staff, and faculty. 231 Forest St, Babson Park, MA 02457 / It was published by Crown Business in 1999. How are you balancing public health concerns with running your businesses? Arthur makes it clear that the finances will follow when you do what you love." Eric Lindholm '23 "Instill a philosophy where work and life become intertwined. A measured approach to information technology can help keep your career in motion. In 2001, Blank left the company as its co-chairman. He is best known for being a co-founder of the home improvement retailer The Home Depot. 11 for Best Career Placement Among Private Schools, George Recck 82, MBA84 Appointed Paybotic Term Chair, At Babson College, Arthur Blanks Values-Based Leadership Takes Center Stage, The Blank Blueprint for the Future of Entrepreneurial Leadership, An Inspiring Book Is Having a Big Impact at Babson. You manage a lot of public-facing enterprises. Can you expand on that idea a bit? I worked with him for over 40 years and we shared the same bathroom for over 30 years, which is more than any of our marriages lasted," said Blank, who's currently valued by Forbes at about $6.2 billion. @qiaozhenliu To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Empower and listen to associates because they are our number-one source for information and ideas. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. @WagnerFound, PEAKs Lita Pardi reflects on her experiences in philanthropy & what funders can do to become responsive stewards of their assets, operationalize more equitable grantmaking practices, & unlock the potential to achieve long-term & sustainable impact. @Hewlett_Found American businessman and sports team owner, "Angela Macuga, Arthur Blank's Wife: 5 Fast Facts You Need to Know", "Super Bowl-Bound Arthur Blank on Why Jews Score as NFL Owners", "Arthur Blank - Owner and CEO - Biography", "The Incredible List of Successful Babson College Alumni (Part 1: Undergraduates)", "Arthur M. Blank Family Foundation announces nearly $5.4 million in funding for COVID-19 relief efforts", "Arthur Blank donates $5+ million in funding for coronavirus relief efforts", "Falcons owner Arthur Blank donates $200 million to Children's Healthcare of Atlanta hospital", "Children's Healthcare of Atlanta hospital names new facility in honor of Arthur Blank", "In 2017, get ready to watch Atlanta United FC in MLS", National Parks Conservation Association: "The Visionaries - Diana J. Blank", Atlanta Business Journals: "A longtime anonymous donor reveals her identity" by Maria Saporta, Point's North magazine: "Stephanie Blank", "Arthur Blank's Wives & Family: 5 Fast Facts You Need to Know", Saporta Report: "Arthur Blank says purchasing soccer team for Atlanta is close to his heart", "Arthur Blank, wife Angela are getting a divorce", Jewish Voice New York: "Jewish Billionaires Join Group Pledging Majority of Their Wealth to Charity" by Sholom Schreiber, The Atlanta Journal Constitution: "Blank announces he is cancer free" by D. Orlando Ledbetter, Major League Soccer principal owners by team, https://en.wikipedia.org/w/index.php?title=Arthur_Blank&oldid=1150604150, Chairmen and investors of soccer clubs in the United States, Short description is different from Wikidata, Pages using infobox person with multiple spouses, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 19 April 2023, at 01:51. That makes business decisions a lot easier." Ethan Glassman '24 "It's important to surround yourself with people who both understand and live by your core values and philosophy." @WaltonFamilyFdn Some months later, Blank re-entered serious talks with Time Warner and a report indicated that a sale was imminent. We've detected you are on Internet Explorer. Its Now Easier To Print QuickBooks Checks On Blank PaperAnd Other Small Business Tech News This Week, FC Barcelona Reportedly Interested In Signing Brazil U20 Star Arthur From America-MG, Despite 4th Quarter Meltdowns By Atlanta Falcons, Arthur Blank Has Good Reason For Not Firing Dan Quinn, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. describes how Blank incorporated such lofty principles into running Home Depot, which he co-founded in 1979, eventually turning it into a 250,000-employee behemoth (Blank left the company in 2001; it now has 450,000 workers). He was asked about former Atlanta Falcons quarterback and convicted animal abuser Michael Vick's future with the team. 2023 The Blank Family of Businesses. Operating approximately 27,000 acres in Paradise Valley bordered by the entrance to Yellowstone National Park, the Yellowstone River, and Gallatin National Forest, AMB West is committed to serve and conserve by thus far granting $8 million in Montana-focused efforts on early childhood development, health and wellness including suicide prevention, and conservation of the lands natural beauty for current and future generations to enjoy. @flphilanthropy "It's healthy to disagree on things, but it's not acceptable to not be kind.". His core values are shown and represented through everything that he does., Instill philanthropy and giving back in all your business practices. Andrew Spector Blank was associated with The Home Depot for 19 years as its president. The team is now worth $2.13 billion. Our individual differences make our organization more valuable. ", The couple was initially brought together through soccer. By Bob Bahr October 28, 2020, 7:22 am. Home Depot cofounder, Arthur Blank, is a longtime Democratic supporter and donated $250,000 to committees supporting Joe Biden between July and September in 2020, Another Home Depot cofounder, Bernie Marcus, is an. Arthur and Angie Blank have agreed to amicably part ways, a representative of Arthur M. Blank Foundation said. When Arthur M. Blank purchased Mountain Sky Guest Ranch in 2001, it became the first company in the Blank Family of Businesses. In 1978, Blank co-founded Home Depot with Marcus. A sense of purpose is really important. In my last conversation with him, he said, Were way ahead of where we used to be, but nowhere near where we should be. He felt very optimistic about the future. Demonstrate an entrepreneurial spirit that supports our culture and vision. How can owners always ensure personableness in their business? Blank has expressed serious interest in purchasing other franchises. He later worked for the Daylin Corporation, where he became acquainted with Marcus. That said, I know exactly why Atlanta Falcons owner Arthur Blank hasn't fired Quinn as his head coach after blowing huge fourth-quarter leads in consecutive weeks. This station is part of Cox Media Group Television. He became acquainted with his second wife, North Carolina native and Appalachian State University graduate, Stephanie Blank, when she was employed under him as a designer at a Home Depot store located in Atlanta. I thought of myself as a son of a queen. That socialspiritualpolitical feeling was one that I certainly related to and I understand. who was a close personal friend. . @GatesNotes Arthur Blank and Bernie Marcus may have found huge success with their company Home Depot, but their venture only started after they were fired from a different home improvement retailer in . This month, he donated $20 million toward a University of Texas institute focused on stuttering education. Bernard Marcus was CEO of Handy Dan and Blank was vice president of finance when both were fired in 1978 as part of an internal power struggle. He has an older brother named Michael. "His approach obviously is different. In 2009, the league itself shut down operations and the Force, like other franchises, quickly followed suit. An error has occurred, please try again later. Demonstrate non-stop reinvention. https://www.youtube.com/watch?v=uOyUg5I2U0I, https://www.youtube.com/watch?v=X3k-_UZWohg, https://www.youtube.com/watch?v=oVpG27Nv-BY. Lewis. View customer needs as golden opportunities that, when creatively addressed, will enhance our competitive edge and the environment in which we all work and professionally grow. JoAnn also serves as liaison to the Blank Foundation board of directors. People respond the best, whether it be in sporting events, or a retail environment, or even a digital one, when they feel that things are personalized to them and theyre made to feel important. @guardian A mother and grandmother, JoAnn loves to cook and spends the majority of her free time with her toddler grandson. He also owns several PGA TOUR Superstores. Chief of Staff at Arthur M. Blank Family Office Atlanta, Georgia, United States 577 followers 500+ connections Join to view profile Arthur M. Blank Family Office Kennesaw State University. "I know what he cares about and he cares about a lot of the same things that I care about.". with four future-thinking leaders: PEAK's @SatonyaFair, Trabian Shorters @JoinBMe & Lori Villarosa @RJGrantmakers, and @TristaHarris. Join online May 8-10. Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds. Dr. King, So, you know, we understood that our culture had nothing to do with which party you are affiliated with. Blank graduated from Stuyvesant High School in New York City.[5]. Through the foundation. Visit Our Foundation Employment Website >. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Arthur M. Blank (born September 27, 1942) is an American businessman. This copy is for your personal, non-commercial use only. Blank owns Mountain Sky Guest Ranch and West Creek Ranch outside Yellowstone National Park in Paradise Valley, Montana. ", She later added, "For anyone tempted to drink and drive, please realize that one irresponsible decision can last a lifetime or have a snowball effect, such as taking the life of a family member or loved one.". Blank, who is worth about $6.2 billion, per Forbes, is one of the higher donors among Biden's billionaire backers, who outnumber Trump's at 134 to 101, although more of Biden's backers have given the $2,800 personal maximum. When the company sold his division, he joined another division, Handy Dan Home Improvement Centers, where Bernard Marcus was the CEO at the time. AMB West in Montana includes three stunning profit and non-profit ranches that bring people together in meaningful ways. @InsidePhilanthr Learning more about your own workforce ecosystem can lead you to wider career opportunities. Earn trust and keep trust. The store was the first hardware store with a warehouse concept, making them much bigger than any of its competitors at the time. @IUPhilanthropy Other than being a successful businessman, he is also known to be a great philanthropist. We just lost a great American disciple of The Blank Family of Businesses; The Arthur M. Blank Family Foundation; AMB Sports + Entertainment - Atlanta Falcons - Mercedes-Benz Stadium - Atlanta United - PGA TOUR Superstore - AMBSE Ventures; AMB West - Mountain Sky Guest Ranch - West Creek Ranch - Paradise Valley Ranch In March 2020, Blank's foundation announced it would donate nearly $5.4 million to aid the coronavirus pandemic response in Georgia and Montana. Theres great support from the military amongst the players in the NFL at every level. Video. Twitter appears to be suffering a partial outage, with Twitter timelines appearing blank on the website. Blank is a dedicated Democratic supporter, having donated thousands to Hillary Clinton's campaign, the Bullock Victory Fund, which backs the party's 2020 candidate for Montana senator, Gov. reCAPTCHA helps prevent automated form spam. He has three children with his first wife, Diana Blank (born 1942): Kenny Blank, Dena Blank Kimball, and Danielle Blank Thomsen;[13][14] they divorced in 1993. The folks at The Story Engine are here to rescue Dungeon Masters from the tyranny of the blank page with the Deck of Worlds. That was a key thing for Falcons owner Arthur Blank. In 2002, Blank bought the Falcons for $545 million. Uniquely leveraging all the socially responsible Blank Family of Businesses, the Foundation has thus far granted $600 million to create social, economic and environmental value for our communities while serving those in need. peakgrantmaking.org/resource/, Last week from PEAK Grantmaking's Twitter via Sprout Social, Our 4th #PEAK2023baltimore keynote: Creating Brave Spaces to Disrupt White Supremacy In 1978, they both were fired from Daylin following an internal power struggle. Keep core values aligned with the businesses you run. Since 2001, the Blank Family have been part of the Paradise Valley community and this 9,300-acre property will respect the tradition of ranching while preserving the beautiful land for the sake of wildlife and outdoor recreation. Blank was engaged to Angela Macuga in 2014. The book, out with William Morrow, describes how Blank incorporated such lofty principles into running Home Depot, which he co-founded in 1979, eventually turning it into a 250,000-employee . Another Home. Home Depot cofounders Arthur Blank and Bernie Marcus have long been on separate sides of the fence when it comes to politics. The store revolutionized the home improvement business with its warehouse concept and Blank and Marcus became billionaires as a result. The thread passing through all of his businesses, he says, is good company values, the conviction that, through the right practices, customers, shareholders, and community members can all be made equally happy. [2] Bernie Marcus and Arthur Blank cofounded Home Depot in 1978 after being fired from their jobs at a regional hardware store. But their ability to shine a light on issuesuntil the point it, as John Lewis would say, causes good troublethen I think its okay. [The protests are] not intended against the military in any way, shape, or form. That makes business decisions a lot easier., Its important to surround yourself with people who both understand and live by your core values and philosophy., Finding your passion and being yourself, and doing what you enjoy, will lead to success. I dont really feel when Im going to work, that Im going to work. Blank was interested in purchasing the Atlanta Braves of Major League Baseball but it did not happen. peakgrantmaking.org/insights/, #PEAK2023baltimore closes with a keynote panel on supporting the nonprofits of tomorrow. Angela Blank is a University of South Carolina-Sumter alum with a professional background in sales and marketing and branding.

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