Relationship : Marriage September 1959 (To college sweetheart) chart Placidus Equal_H.
Work : Begin Major Project 1 April 1979 (L.A. Olympic Committee) chart Placidus Equal_H.
American entrepreneur and multimillionaire who, in 1963, opened First Travel Corporation with one employee and $5000. By 1977, he owned the second largest travel company in the U.S. that was taking in revenues of over $300 million annually. He was not publicly known, though, until he became the President of the Los Angeles Olympic Organization Committee, a post which he took over on 4/01/1979, and which was followed by his role as Commissioner of Baseball. As an avid sportsman, he has broken his nose five times in water polo. Ueberroth earned his BA in business in 1959 and moved to Hawaii to work with nonscheduled airlines. When in Hawaii, he started his own air shuttle, D962, but went bankrupt. Following his failed air bus venture he started First Travel. In 1989 he bought strike-bound and bankrupt Eastern Air Lines for $464 million, aiming to get their fleet back into business swiftly. The ownership of the restructured airline was divided among Ueberroth and his investors, who get 30% of the carrier, Eastern employees, 30% and other new stockholders, 40%. His core group of investors put up nearly $200 million in cash. He married his college sweetheart in September 1959 and they have had four kids. His family life is important to him and takes a priority in his busy schedule. Still an avid sportsman, he enjoys golf, skin diving, body surfing, tennis, and spear fishing. His family maintain homes in Laguna Beach, CA and in New York City. Link to Wikipedia biography Read less
Date of Birth: September 2, 1937
Place of Birth: Chicago, United States
Peter Ueberroth, known for his pivotal role in the success of the 1984 Los Angeles Olympics, remains a significant figure in sports management and business. While not frequently in the daily headlines, any mention of him often focuses on his expertise in organizing large-scale events and his influence on sports and business strategies.
Peter Ueberroth maintains a relatively low profile on social media. While he may not be personally active on platforms like Twitter, Facebook, or Instagram, his legacy and ideas are often discussed in forums and by sports management professionals.
Although not involved in daily business operations, Ueberroth's influence persists in various advisory capacities. He has been known to consult for organizations on strategies involving large events and business turnarounds. His insights into efficient management and marketing continue to be sought after.
Peter Ueberroth's management of the 1984 Olympics is often highlighted as a turning point in how the Games are organized, emphasizing profitability and sponsorship. His approach has been a model for subsequent Olympic events. Beyond the Olympics, his tenure as the Commissioner of Major League Baseball from 1984 to 1989 is remembered for labor negotiations and enhancing the sport's commercial appeal.
Ueberroth also co-founded the Contrarian Group, an organization focusing on investment and management consultation. His strategic vision has influenced many sectors beyond sports, including travel and marketing.
Peter Ueberroth is often quoted in discussions about sports management and business innovation. His insights on leadership, especially in the context of managing complex organizations and events, are regularly cited by business leaders and academics.
Throughout his career, Ueberroth has been involved in various philanthropic efforts, often focusing on youth sports and education. His commitment to community and development projects has left a lasting impact on numerous initiatives.
For those interested in Peter Ueberroth's expertise, inquiries are typically directed through business contacts and established networks. His role as a thought leader in sports and business continues to influence contemporary practices.