Christopher Hall Mr. Brown was the vice president of San Antonio-based Del Ray Oil, Inc. as well as vice president of Canadian company W.F. We also provide tools to help businesses grow, network and hire. They bought at the peak, literally at the peak, says Roger Entner, a telecom analyst and founder of Recon Analytics. information about Whitacre Family Foundation 4 Edward E. Whitacre Jr. - Reference For Business Perhaps ironic for a communications company was how few of the many agents, actors, and directors affected by the decision had been told ahead of time, much less consulted. I see this as a recognition of the lab and for all the hard work the students, post docs, and staff are putting in every day. It had failed to attract the sort of industry buzz heaped on the rival Disney+ service that launched a short time before it and garnered 50 million subscribers in its first five months, compared with HBO Maxs 8.6 million. Last Year: 43 Izmir, LLC (Businessman Izmir Abbud) Mr. Lewis is founder and chief executive of Lewis Energy, an oil and gas exploration firm whose success in South Texas has put him on the short list of San Antonios billionaires (per Forbes magazine). The former director of a telecommunications infrastructure GIS provider in Florida, Mr. Humphreys and his wife Candace have lived in their 16,000+ square foot home for eleven years. After originally opposing Stankey as CEO, according to CNBC, Elliott Management decided he was better positioned than an outsider to take over. These guys cant say hello without making a deck to do it, the former executive said wryly. 1 That late October day, in a satellite office far from AT&Ts downtown Dallas headquarters, was the first Stankey had learned of the plan. Tommy Lee Jones Last Year: 80. Endowed Fellowship in Rheumatology, Thomas J. Tredici, MD, Endowment for Resident Education, George W. Weinstein, M.D., Memorial Fund in Ophthalmology, Fred G. Corley, M.D. In November 2020, the fund revealed it was selling nearly all of its shares, just as Stankey and WarnerMedia were discussing one of their most audacious moves yet. James and Kelly Daniell That doubled the user count since the previous quarter, including about 4 million subscribers added during the month after Wonder Woman 1984 became the first straight-to-Max new release in late December. There was a little bit of a feeling of powerlessness, says one of the laid-off executives, knowing that the people at AT&T thought of themselves as making decisions that had significantly more important results than any decision that a person in entertainment could possibly have.. $3,825,000 (Terrell Hills) Peter and Julianna Holt Todays AT&T is not your grandfathers AT&T. Curtis Gunn, Jr. and Kathleen Gunn When he retired in 2007, Whitacre helped pick his own successor, Stephenson, whose first telecom job had been loading magnetic tapes into a Southwestern Bell mainframe. 11. In response, AT&T and Verizon were forced to reprice their offerings, which cut into their margins. $2,930,000 (Alamo Heights) Business Edward E. Whitacre Jr. 82. Mr. Klesse is the former chairman of the board, chief executive officer and president of Valero Energy Corporation. $2,784,550 (Terrell Hills) . One of the critics on the board was Dan Akerson. Last Year: No. 57. $3,285,000 (Alamo Heights) Television and movie studios, owned by the likes of Disney, NBCUniversal, and Viacom, were charging escalating prices and using the proceeds to invest in their own planned streaming services to challenge front-runner Netflix. And its full of great reads, yall. $6,275,000 (Anaqua Springs) EIN: 20-0184488; Classification Corporate Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) Nonprofit Tax Code . But its leaders saw potential in controlling the movies, TV shows, and other entertainment their customers were viewing. Mr. Buford is the president of sport franchises for Spurs Sports and Entertainment as well as the general manager of the San Antonio Spurs. Paul Boskind $3,650,000 (Alamo Heights) Eric Brey - Edward E. Whitacre Jr. Endowed Chair - LinkedIn His deep baritone voice booms in a robotic monotone, and hes known for his surgical grasp of data. Ed Whitacre Jr. Biography | About the College | Whitacre College of With theaters shuttered for most of 2020 because of the COVID-19 pandemic, North American box office totals were the worst in nearly forty years, and thats without accounting for inflation. Agree to pay money or property to a government official? William and Sarah Powell WASHINGTON (TND) A Louisiana woman was accused of killing her boyfriend's 6-year-old daughter and then placing the child's body in a 10-gallon bucket before wheeling it to the girl's mother . San Antonio Express-News file photo Show More Show Less 2 of 42 Ed Whitacre speaks after receiving the San Antonio Greater Chamber of Commerce Pathfinder Award at the AT&T Center on Oct. 13, 2010. Mrs. Burzik is the former director, president and CEO of Kinetic Concepts. Mrs. Cerisola is the wife of Pedro Cerisola Benvenutti, who is the uncle of Pedro Cerisola y Weber, former Secretary of Communications of Mexico under Presidente Fox. Last Year: No. Edward & Linda Whitacre, Jr. $6,692,350 (Terrell Hills) . Last Year: 81 As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development - for Texas, the nation and the world. Mr. Landon is the CEO of CeloNova BioSciences, a San Antonio-based company that manufactures interventional cardiology and endovascular products. 66 Bruce and Gail Smith Zachry Corp. that handles engineering, construction and maintenance of projects in heavy industries like power, energy and petrochemical plants. On September 1, 2010 he relinquished the CEO position to Daniel Akerson but agreed to continue on as GM Chairman to the end of the year. In both areas, Townsend says AT&T could succeed, particularly after spending $27 billion on 5G spectrum in February. Edward E. Whitacre Jr. was born in Ennis, Texas and graduated from Texas Tech University in 1964 with a degree in Industrial Engineering. $3,125,000 (Olmos Park) Stankey also oversaw DirecTV from 2015 to 2017. 5. Butt, Jr. and collaborates with husband David Rogers to lead 90. WarnerMedias EBITDA was $9 billion. Last Year: 96 Mr. Verma is the founder and chairman of the board of trustees of contracting firm Galaxy Companies. What the Bleep Is Going On With Texas Property Taxes? The Edward E. Whitacre, Jr., Endowed Chair in Mechanics was established in 2014 by the Whitacre Family Foundation. Furnish goods, services, or facilities to (or accept them from) a disqualified person? $3,834,330 (Olmos Park) $3,737,000 (Terrell Hills) SAN ANTONIO, Texas, April 27 (Reuters) - AT&T Inc. T.N chief Ed Whitacre said on Friday he will retire in June after building the largest U.S. telecommunications service provider through seven . Has the foundation engaged in any activities that have not previously been reported to the IRS? The chance soon came with Time Warner, which had already sold off its own distribution arms, AOL and Time Warner Cable. BG Group LLC is a diverse investment holding company. Just a few months ago, LightShed Ventures analyst Rich Greenfield wrote in an investors note that AT&T and Comcast should each give up their entertainment properties and merge WarnerMedia and NBCUniversal. 9 Keep Going, Keep Growing 121. $3,460,000 (Terrell Hills) Total operating and administrative expenses, Excess of revenue over expenses and disbursements, Investments-U.S. and state government obligations, Total liabilities and net assets/fund balances, Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income), Current year estimated tax payments and previous year's overpayment credited to current year, Exempt foreign organizations-tax withheld at source, Tax paid with application for extension of time to file (Form 8868), Any penalty for underpayment of estimated tax, Amount to be credited to next year's estimated tax. Yet the potential long-term effectssuch as fracturing relationships with theater owners and filmmakerswere much riskier gambles. 36 Premium content always wins, Stephenson said at the time. Whitacre retired from AT&T in 2007, handing over . AT&Ts top executives assumed the deal would sail past regulators, giving the company about 45 percent of all wireless market revenue. He served as national president of the Boy Scouts of America from 1998 to 2000. The hope was to make AT&T the largest traditional pay-TV provider in the U.S. by adding DirecTVs 20 million subscribers to U-Verses 6 million. Our UT Health Hospital will provide state-of-the-art care, including new precision therapies that offer personalized medicine for our patients. On September 1, 2010, Whitacre stepped down as CEO, and retired as chairman of the board by . Dicke is known in San Antonio as a prominent figure at Trinity University: member of the class of 1968, member of the board of trustees, chairman of the board of trustees and generous donor. Did the foundation comply with the public inspection requirements for its annual returns and exemption application? Whitacre was inducted into the Junior Achievement U.S. Business Hall of Fame in 2009. Beyond 2021, Kilar describes a permanent shift in which an ever-growing slate of movies go straight to HBO Max with an option for theaters to show them, while a certain type of movie that is a spectacle and larger than life will go to theaters first. 1 of 6 GM and AT&T executive Ed Whitacre, shown in this 2013 photo, is widely being reported as the Trump administration's pick as the next U.S. ambassador to Mexico. Address. (optional). $5,575,000 (Terrell Hills) The deal led Aanstoos, the former regional VP, to think about the Southwestern Bell days, when she recalls a Wall Street analyst pegging the company as staid and sticking to its knitting, a pejorative turned into a positive as Ed Whitacre overhauled the company. Marie Halff Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? While Stephenson fell for the lure of Tinseltown, Entner says, and it was a siren song, Stankey has given more focus in the area that matters most. A Texas . 28. In Lubbock, an evangelist preached to hundreds of people waiting in line, and rumors swirled that the stores staff had interrupted a noisy, amorous couple inside a tent waiting outside the night before. AT&Ts divided attentions were abundantly on display in and around the companys headquarters in downtown Dallas in January. 73. Festive gala masks will be distributed at the event should you wish to wear a mask matching our theme of the event. AT&Ts downtown Dallas headquarters is in, Why These Ugly, Abandoned Longview Homes May Be Worth Saving. Leaders like Ed Whitacre Jr. don't ever retire, they just pause between great challenges. John Spong writes primarily about popular culture. AT&T owed T-Mobile $3 billion for calling off the deal, as well as valuable spectrumthe limited range of radio frequencies over which wireless carriers are authorized to transmit. He graduated from Texas Tech University with a bachelor's degree in industrial engineering and is a member of the Delta Tau Delta fraternity.[5][6]. Southwestern Bells largest customer base was in Texas, as was Whitacres Marble Falls vacation property. Nursing Scholarship, Eileen T. Breslin, PhD, RN, FAAN Doctoral Education Endowment for Leadership and Innovation, Rita Yakubik Endowed Graduate Nursing Award, Support the Graduate School of Biomedical Sciences, Support the Greehey Childrens Cancer Research Institute, Support the Glenn Biggs Institute for Alzheimer's & Neurodegenerative Diseases, Support the Barshop Institute for Longevity & Aging Studies, UT Health San Antonio Distinguished Alumnus Award, School of Dentistry Distinguished Alumnus Award, The Sam and Ann Barshop Institute for Longevity & Aging Studies, Greeley Childrens Cancer Research Institute, Become an Ambassador for Childrens Cancer Research, Friends of the Barshop Institute for Longevity and Aging Studies, Association of Retired Faculty & Associates, Council for Excellence in Women's Health donation, Center for Medical Humanities & Ethics Advisory Council, The South Texas Research Organizational Network Guiding Studies on Trauma and Resilience, Glenn Halff, M.D. Secret sounds like we were in the Bat Cave or something, he said, giving a nod to the entertainment properties he was discarding. The next year, the company expanded beyond its core business for the first time by launching U-Verse, a bundle package of phone, internet, and TV. $2,893,000 (Hill Country Village) The endowment was also available for matching Texas Research Incentive Program (TRIP) funding. As these increasing expenses made it apparent that the DirecTV deal would not pay off as hoped, AT&T cast about for other opportunities to grow and/or lob more smoke grenades to obscure its failures. $4,120,000 (Olmos Park) $4,148,620 (Shavano Park) John and Laura Zachry Fifteen minutes after that, Stankey joined Discovery CEO David Zaslav on a conference call with the press. Mario and Elva Rapanotti During the same period, Verizon had a net loss of 300,000 subscribers and T-Mobile added 1.3 million. $2,900,000 (Terrell Hills) Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year? Frank and Nancy Kudla Over the course of fifteen years, he spent nearly $300 billion on thirteen . Whitacre Family Foundation - Nonprofit Explorer - ProPublica Warner Bros., with a storied history and reputation for taking care of talent, was more desirable against Amazon and Netflix when the bidding prices were roughly equal. Your personal and financial information will not be shared with third parties other than our contracted payment processing partner. UT Health San Antonio Office of Institutional Advancement MC-7835 7703 Floyd Curl Drive San Antonio, TX 78229-3900 Makelivesbetter@uthscsa.edu, AccessibilityPublic/Personal InformationWeb PrivacyOffice of the PresidentUT Health San Antonio. It was President Obama who reached out to Ed Whitacre to come out of retirement and take over GM in 2009. But something new is never easy.. 14. This amount must be distributed in the next year, Private Operating Foundations (for 2010 - 2013), The lesser of the adjusted net income or the minimum investment return, Qualifying distributions made directly for active conduct of exempt activities, Value of assets qualifying under section 4942(j)(3)(B)(i), Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties), Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii), Analysis of Income-Producing Activities (for 2013), Fees and contracts from government agencies, Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013). 21 Especially for a company, AT&T, that hadnt yet proved that it knew how to play the entertainment game. George and Norma Strait 48. The Ames family is also identified with the oil industry. The San Antonio Business Journal features local business news about San Antonio. Some WarnerMedia executives found, without explanation, that new hires or managers from AT&T or DirecTV had assumed their roles, effectively making their jobs unnecessary. We are privileged to recognize Linda and Ed and their exemplary service to our community. The endowment was also available for matching Texas Research Incentive Program (TRIP) funding. Last Year: No. Mr. Whitacre moved to San Antonio when he brought Southwestern Bells corporate headquarters to Houston Street. Entner, the analyst with Recon Analytics, told me a phone business that depends on using a streaming service to add customers was like an expensive restaurant seeking to hook patrons with free coffee. Last Year: No. 37. We must not reduce our vigilance and look forward to hosting our vaccinated guests at this years Presidents Gala. Viacom remerged with CBS. Mr. Word operates New Braunfels-based Dean Word Company, a firm known for its road- and bridge-building work, as well as mining and construction services to private sector/corporate clientele. Mr. Nebens is a senior vice president and financial advisor with Wells Fargo Advisors.

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