Jeremy
Jacob, Sr. is the chairman and CEO of Delaware North Companies. He did not
found this company. It was founded by his father Luis and his two uncles,
Charles and Marvin in 1915. The company first sold concessions in theaters.
Next they entered major league ballparks. In the 1950s the health of his two
uncles were failing so his father Louis took over the company.
Then
it was Jeremy’s turn
to take over the company in 1968 upon the death of his father. He was 28 years
old at the time. Jeremy was born on January 21, 1940 in Buffalo, New York. He
earned his B.A. from the University of Buffalo’s School of Management and
completed the Harvard School of Business Advanced Management Program.
Today
the company he took over from his father is one of the largest privately held
firms in North America. Delaware North Companies is a hospitality and food
service enterprise the does business worldwide.
It is based in Buffalo, New York and operates in the lodging, sporting,
airport, gaming and entertainment industries.
Delaware North provides food, drinks and entertainment at 200 venues in four
countries. Among the venues it operates in includes Boston’s TD Garden (home of
the Celtics), Oriole Park at Camden Yards in Baltimore, and London’s Wembley
and Emirates Stadiums. North Delaware
has more than 55,000 employees all over the world and has annual revenue of over
$2.5 billion.
While
most of his wealth stems from Delaware North, Jeremy is better known in the
sporting world as the owner
of the Boston Bruins of the National Hockey League. He has owned the Bruins
since 1975. In 2011 he helped the Bruins win the Stanley Cup after a 39-year
drought. It certainly didn’t come overnight and Jeremy made some changes in his
management team to help bring it about.
Of late though, he was under fire for his role in the NHL lockout as
chairman of the NHL’s Board of Governors.
You
can’t please everyone but Jeremy has certainly been achieving in levels not
everyone has reached.
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