Joseph Iglehart
Joseph Alexander Wilson Iglehart (November 15, 1891 – November 16, 1979) was an American financier who also served as an executive for the Columbia Broadcasting System (CBS) and two Major League Baseball (MLB) franchises. Born in Baltimore, Maryland on November 15, 1891, he graduated from the Boys' Latin School of Maryland in 1910 and Cornell University in 1914. He served in the American military during World War I, becoming the youngest major in the United States Army at the time of his appointment in 1917. After the war, he was employed as an investment banker by the Wall Street stockbrokerage firm W. E. Hutton & Co., where he eventually became a partner. He was later associated with CBS as an investor, chairman of the finance committee and, for 47 years starting in 1932, a member of the board of directors. He was one of the investors in a Clarence Miles-led group that successfully purchased the St. Louis Browns from Bill Veeck on September 29, 1953, moving the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financier
An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. Retail investor * Individual investors (including trusts on behalf of individuals, and umbrella companies formed by two or more to pool investment funds) * Angel investors (individuals and groups) * Sweat equity investor Ins ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jerold Hoffberger
Jerold Charles Hoffberger (April 7, 1919 – April 9, 1999) was an American businessman. He was president of the National Brewing Company from 1946 to 1973. He was also part-owner of the Baltimore Orioles of the American League from 1954 to 1965, and majority owner from 1965 to 1979. Biography Hoffberger was a lifelong resident of Baltimore, Maryland, and was Jewish. He was the only son of his father Samuel, a lawyer who was active in the Democratic Party and a major shareholder and board chairman of National Brewing. His grandfather Charles had been a local merchant who sold wood, coal and ice. Hoffberger attended the University of Virginia. During World War II, he served in the United States Army with the 1st Armored Division in Africa, France and Italy, where he was wounded near Lake Bracciano, northwest of Rome. Jerold Hoffberger was also involved in the Battle of Monte Cassino. Business career The year after the war ended, he was appointed president of the brewery by h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Brewing Company
The National Brewing Company was an American brewing company that was founded in Baltimore, Maryland, in 1885. Its Baltimore brewery was located in the city's Highlandtown neighborhood. After World War II, it grew to be the largest brewer in Baltimore history and its advertising, including one-eyed mascot "Mr. Boh" and its slogan "From the Land of Pleasant Living", became part of the folk culture of the Baltimore area. In 1975, the National Brewing Company was acquired by the Carling Brewing Company. National's Highlandtown brewery was operated until 1978, when it was closed and production moved to a brewery in nearby Halethorpe, Baltimore County that had been built by Carling in 1961. The National Brewing Company brands continued to be brewed at the Halethorpe plant until it closed in 1996. Since 2000, the company’s two most prominent brands, National Bohemian, National Bohemian Beer and Colt 45 (malt liquor), Colt 45, have been brewed for Pabst Brewing Company at several plant ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joe Cronin
Joseph Edward Cronin (October 12, 1906 – September 7, 1984) was an American professional baseball player, manager and executive. He played in Major League Baseball (MLB) as a shortstop, most notably as a member of the Boston Red Sox. Cronin spent over 48 years in baseball, culminating with 14 years as president of the American League (AL). During his 20-year playing career (1926–1945), Cronin played for the Pittsburgh Pirates, Washington Senators and the Boston Red Sox; he was a player-manager for 13 seasons (1933–1945), and served as manager for two additional seasons (1946–1947). A seven-time All-Star, Cronin became the first American League player to become an All-Star with two teams; he was elected to the Baseball Hall of Fame in 1956. Early life Cronin was born in Excelsior District of San Francisco, California. The 1906 San Francisco earthquake had cost his Irish Catholic parents almost all of their possessions. Cronin attended Sacred Heart High School. He playe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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American League
The American League of Professional Baseball Clubs, known simply as the American League (AL), is one of two leagues that make up Major League Baseball (MLB) in the United States and Canada. It developed from the Western League, a minor league based in the Great Lakes states, which eventually aspired to major league status. It is sometimes called the Junior Circuit because it claimed Major League status for the 1901 season, 25 years after the formation of the National League (the "Senior Circuit"). At the end of every season, the American League champion plays in the World Series against the National League champion; two seasons did not end in playing a World Series (1904, when the National League champion New York Giants refused to play their AL counterpart, and 1994, when a players' strike prevented the Series). Through 2021, American League teams have won 66 of the 117 World Series played since 1903, with 27 of those coming from the New York Yankees alone. The New York ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York Yankees
The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) American League East, East division. They are one of two major league clubs based in New York City, the other is the National League (NL)'s New York Mets. The team was founded in when Frank J. Farrell, Frank Farrell and William Stephen Devery, Bill Devery purchased the franchise rights to the defunct Baltimore Orioles (no relation to the current Baltimore Orioles, team of the same name) after it ceased operations and used them to establish the New York Highlanders. The Highlanders were officially renamed the New York Yankees in . The team is owned by Yankee Global Enterprises, a limited liability company that is controlled by the family of the late George Steinbrenner, who purchased the team in 1973. Brian Cashman is the team's general manage ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Resignation
Resignation is the formal act of leaving or quitting one's office or position. A resignation can occur when a person holding a position gained by election or appointment steps down, but leaving a position upon the expiration of a term, or choosing not to seek an additional term, is not considered resignation. When an employee chooses to leave a position, it is considered a resignation, as opposed to involuntary termination. Whether an employee resigned or was terminated is sometimes a topic of dispute, because in many situations, a terminated employee is eligible for severance pay and/or unemployment benefits, whereas one who voluntarily resigns may not be eligible. Abdication is the equivalent of resignation for a reigning monarch, pope, or holder of another similar position. Political examples A resignation is a personal decision to exit a position, though outside pressure exists in many cases. For example, Richard Nixon resigned from the office of President of the United ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Baltimore Orioles
The Baltimore Orioles are an American professional baseball team based in Baltimore. The Orioles compete in Major League Baseball (MLB) as a member club of the American League (AL) American League East, East division. As one of the American League's eight charter teams in 1901, the franchise spent its first year as a major league club in Milwaukee, Wisconsin, as the Milwaukee Brewers before moving to St. Louis, Missouri, to become the St. Louis Browns in 1902. After 52 years in St. Louis, the franchise was purchased in November 1953 by a syndicate of Baltimore business and civic interests led by attorney and civic activist Clarence Miles and Mayor Thomas D'Alesandro Jr. The team's current owner is American trial lawyer Peter Angelos. The Orioles adopted their team name in honor of the Baltimore oriole, official state bird of Maryland; it had been used previously by several baseball clubs in the city, including another AL charter member franchise also named the "History of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |