Peter has made over 9 trades of the Worthington Industries stock since 2005, according to the Form 4 filled with the SEC. Eliteprospects.com staff profile of Peter Karmanos, 1943-03-11 Detroit, MI, USA USA. The most active insiders traders include Mark A Russell, John P/Oh Mcconnell, and John H Mcconnell. [15] The Hurricanes reached the Stanley Cup Finals in 2002, but lost to fellow Detroit businessman Mike Ilitchs Detroit Red Wings in five games. Pisces, a water sign, is the last constellation of the zodiac. The first time I had one of these, I said, Oh, I like this, Karmanos says. [8], Karmanos co-founded the Detroit Compuware Hockey organization in the late 1970s with Thewes. Dia Smith is a literary journalist whose stories on human behavior and public policy have appeared in Time, The Atlantic, and Slate and helped Time win two National Magazine Awards. Also known as "boomers", are the result of the end of World War II, when birth rates across the world spiked. Special Features. She received the American Heart Association's "Cor Vitae Award" for community service; The Matilda R. Wilson Award from Boys & Girls Clubs of Southeastern Michigan; the MBPA Women and Leadership's "Distinguished Leadership Award for Philanthropy;" and the Greater Wayne County Chapter of The Links' "Innovator in Health and Wellness" award. Notifications from this discussion will be disabled. But he said Francis wanted to keep him, right until Karmanos sold to current owner Thomas Dundon in December . Gov. Peter is without doubt one of the richest Sports Executive & listed on hottest Sports Executive. By STEPHEN WHYNO June 30, 2021. OAKLAND COUNTY - Compuware chairman and chief executive officer Peter Karmanos Jr. quietly ended his 13-year marriage in Oakland County Circuit Court. He continued to serve as Executive Chairman of the Board and a director until March 2013, when he resigned from that board. $100,000 - $1M. . Karmanos sold . 3 Peter Karmanos, Jr. : Age, Height & Weight; 4 Peter Karmanos, Jr. Dead or Alive? [16][17], Karmanos received the Lester Patrick Trophy for outstanding service to hockey after the 199798 season, the Bill Long Award in 2010 for services to the Ontario Hockey League, and was inducted to the United States Hockey Hall of Fame in 2013. For his day with the Cup, he brought it to Compuware headquarters in Detroit and allowed employees to get their photo taken individually with the Cup. Highlights 1 1 1 . An investigation revealed Kilpatrick had received $240,000 in loans from Compuware co-founder Peter Karmanos Jr. and businessmen Roger Penske, Dan Gilbert and James Nicholson and spent the money . By the time Rock offered him a Short Story, Karmanos had been smoke- and nicotine-aid-free for more than 10 years. Shortly after graduating from Wayne State University, he, Allen . The the CEO of Compuware Corporation and owner of the Carolina Hurricanes lives here. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. . Peter Karmanos Jr. (born March 11, 1943) is famous for being sports executive. At its height, Compuware's annual revenues totaled $2.2 billion (inflation . Many peoples wish to know whats Peter Karmanos Jr. ethnicity, nationality, Ancestry & Race? the outer planets, Uranus and Pluto, were not yet discovered, since the telescope had not yet been invented. But he knows what he likes, and that includes Churchills Bistro and Cigar Bar in Birmingham. Like. He maintainsa 34% ownership stake in the stockpartnership, whichhe set upfor thesons in 1996with Compuware stock to transfer assets "in atax-advantageous manner," according to the lawsuit. Peter Karmanos has been a passionate builder and supporter of hockey at all levels of the game in the United States for more than five decades. [3] Soon after leaving college he founded software company Compuware with two partners, Thomas Thewes and Allen Cutting. Not Activated Sections The greatest overall compatibility with Pieces is Virgo and Taurus. Peter Karmanos III was once thechief information officer at Compuware, according to his LinkedIn profile. Following 40 years at Compuware Corp., Peter Karmanos Jr. with a group of 25 technologists is out to revolutionize the $700-billion commercial automations systems industry. Worthington is North America's premier value-added steel processor and producer of laser welded products; and a leading global supplier of pressure cylinders and accessories for applications such as fuel storage, water systems, outdoor living, tools and celebrations. Over the last 20 years, insiders at Worthington Industries have traded over $50,966,714 worth of Worthington Industries stock and bought 182,460 units worth $5,023,352 That is one reason I smoke this cigar, he says, when I mention the pleasant aroma filling the office. Nine years after moving the Whalers out of Hartford, Peter Karmanos hoists the Stanley Cup in Raleigh, N.C. (Bruce Bennett / Getty Images) In Greater Detroit, he . In 1972 while sitting at a lake in the Upper Peninsula, Karmanos decided to start his own company. By the time I was halfway through college, I was making more than a high school teacher.". Get an email notification whenever someone contributes to the discussion. The honorees for this year's Partners Events are Danialle and Peter Karmanos Jr. Peter is related to Peter Karmanos and Sophie Karmanos as well as 1 additional person. If Karmanos Jr. was forced to borrow funds that were intended for his family and not his team, what does that say about the financial situation of the Hurricanes? Like many famous people and celebrities, Peter Karmanos Jr. keeps his personal life private. Occupation. He currently is involved in several tech start-ups based in Birmingham, including an all-onlinemortgage lending platformcalled Lenderful. Most Popular #152169. Peter Karmanos Jr. was born in March 11, 1943. 1. Chinese Zodiac: Peter Karmanos Jr. was born in the Year of the Tiger. Peter Karmanos Jr. Net Worth Stats Worthington's WAVE joint venture with Armstrong is the North American leader in innovative ceiling solutions. [10] Karmanos currently serves on the board of trustees for the College for Creative Studies,[11] the Board of Directors for the Michigan Opera Theatre[12] and is a founding member, board member and former Chair of the Museum of Contemporary Art Detroit. He currently resides in Michigan, United States. He also owned the Plymouth Whalers junior ice hockey club from its establishment in 1990 until 2015, and was the majority owner of the Florida Everblades from 1998 to 2019. Peter Karmanos Jr. is a member of Richest Celebrities and Sports Executives. After what he describes as a long battle, Karmanos finally quit smoking with the help of Nicorette gum. Most recently he sold 20,000 units of WOR stock worth $876,400 on 7 November 2017. Expand. . The Flor de Las Antillas is more of a commitment, and Karmanos will smoke one if he has more time to kick back, relax and puff. You could taste the difference? I asked in return. When is Peter Karmanos Jr.s birthday? A cigar-themed poster decorates Peter Karmanos Jr.s Mad Dog Technology office. He used his fortune from the company to purchase the Carolina Hurricanes, the Plymouth Whalers, and the Florida Everblades. 1995. How much money is Peter Karmanos Jr. worth at the age of 79 and what's his real net worth now? Peter Karmanos Jr. Worthington Industries executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Just hours after Rod Brind'Amour publicly acknowledged that then-Carolina Hurricanes head coach Bill Peters physically assaulted two players on the bench, former team owner Peter Karmanos told The . The 75-year-olds cigar hobby began about 20 years ago, when a friend handed him a Short Story, a popular cigar made by Arturo Fuentes Hemingway. Click below to see everything we have to offer. . The minimum age was 25 and he was 23. Awards. No racism, sexism or any sort of -ism Sports Executive #28. . It is strong, and I like a stronger cigar.. A box of 22 can be purchased online for about $260. Zodiac Sign: Peter Karmanos Jr. is a Pisces. Avid hockey fan and CEO of the Compuware Corporation. What makes this important in the bigger picture is the timing of it all. [23], "SC: The Cuddlers offer babies healing power of touch", "How a Detroit Mom's Experience in the Hospital with Her Son Created a Movement - The Pappas Post", "Detroit Country Day School: Meet Our Community", "Karmanos donation creates a peaceful place to be born", "Danialle And Peter Karmanos: $1 Million Gift To College For Creative Studies in Detroit - The Pappas Post", "Danialle Karmanos pens book about husband Pete", "Danialle Karmanos to depart Wayne State board", "Michigan Film Office 2009 Annual Report", "CCS dedicates the Danialle and Peter Karmanos, Jr Graphic Design Studios", "2014-2015 Michigan Opera Theatre Board of Directors", "A. Alfred Taubman Medical Research Institute", "Leadership - Girl Scouts of Southeastern Michigan", "Wayne State Alumna Gifts $100,000 to Journalism Program", "Detroit Philanthropist Danialle Karmanos' Inspirational Words to Graduating Class at Hellenic American University in Athens", "Crain's 40 Under 40 2007 - Danialle Karmanos", "Karmanos Cancer Institute 20th Annual Partners Events honor Danialle and Peter Karmanos, Jr", "Peter Karmanos, Jr. on his support for Detroit & Duggan", https://en.wikipedia.org/w/index.php?title=Danialle_Karmanos&oldid=1136115127, This page was last edited on 28 January 2023, at 20:34. [18], In 2018, Karmanos received an honorary Doctor of Humane Letters degree from Hellenic American University. [4] He was inducted to the Hockey Hall of Fame in the Builder Category in 2015.[18]. But his tastes arent too ritzy. So has Nick and so has Jason,"wrote Peter Karmanos III, a former chief information officer at Compuware. . He says the most expensive cigar he ever smoked was a Cuban that he found in the cigar room of a hotel in Switzerland. Don't knowingly lie about anyone Karmanos plans to keep smoking the Enchantment, with the occasional foray into another cigar. She earned her Bachelor of Arts degree in journalism, graduating with honors, from Wayne State University in 1999. Amember of the Hockey Hall of Fame, Karmanoslast year sold the Plymouth Whalers junior ice hockey teamas well as theformer Compuware Arena. The Hurricanes have made the playoffs only once since winning the Stanley Cup in 2006. Peter Karmanos Jr.s source of wealth comes from being a sports executive. Annual payments of principal and interest were due in June 2014 and 2015; the lawsuit says Karmanos failed to make those payments, at which point the three sons called in the loan. You have permission to edit this article. So why is the expansion decision important to the Hurricanes? She died of cancerin 1989 and becamethe namesake for the renownedMichigan-basedcancer institute. Popularity . Also ranked within the elit checklist of well-known celeb born in United States. No, he says, and chuckles at the thought. In addition to three children with Barbara, Karmanos has four others with current wife Danialle, and nine grandchildren. JUMP TO: Peter Karmanos Jr.s biography, facts, family, personal life, zodiac, videos, net worth, and popularity. [7] He has since opened a new computer firm, Mad Dog Technology. In more than 30 years under Mr. Karmanos' leadership, the company has become one of Michigan's largest exporters, offering more than 130 . Luke DeCock of the Raleigh News & Observer had more on why Karmanos still owes his sons money: The lawsuit says that starting in 1999, two years after he moved the Hurricanes to North Carolina from Hartford, Conn., Karmanos borrowed more than $353 million from the trust as well as using the trust as collateral for "loans and advances from various banks and the NHL" to "support the Hurricanes" from 2000 to 2013. He skipped school at Henry Ford High so much that he was headed for expulsion, until he posted the best SAT scores in the class. As of 2023,Peter Karmanos Jr.s net worth is, Peter Karmanos Jr. is a Pisces and was born in The Year of the Goat. ", "I had 4,000 students during my career. Related to: Laura A Karmanos, Danialle Tynan, Debra A Glendening, Fotene Karmanos, Jason R Karmanos. If you see something that doesnt look right, contact us. A philanthropist in addition to a hockey staff proprietor, he donated to the Michigan Cancer Foundation, which was renamed the Barbara Ann Karmanos Cancer Institute in reminiscence of his first spouse. Links: www.compuware.com. Residents of 487 Arlington Str, Birmingham, MI 48009-1638 include Peter. Karmanos Jr. was born in Detroit, the oldest of three children of a Greek immigrant family who owned a small restaurant in Detroit. View Details. Thethree sons in the partnership arePeter Karmanos III, Nick Karmanosand Jason Karmanos, who are from Karmanos' first marriage to Barbara Ann Karmanos. The estimated Net Worth of Peter Karmanos is at least $7.1 Million dollars as of 7 November 2017. "Pete Karmanos was the kind of kid who would run away from home and hitchhike to Pennsylvania because his parents wouldn't let him transfer from Cass Tech to the school near his home. Peter Karmanos Jr. The trusts are valued at over $100 million, but . Karmanos' desire to sell has fanned the flames of relocation speculation over the last two years. See Karmanos v Compuware Corp, unpublished per curiam opinion of the Court of Appeals, issued October 20, 2016 (Docket Nos. Thepartnership filed itslawsuit two days after themissed deadline. He later became a vice president for the Pittsburgh Penguins. Whos the richest Sports Executive in the world. Homes - Celebrity - Business, Homes - Celebrity - Sports - Ice Hockey. The holdings also included the Hurricanes's former ECHL affiliate Florida Everblades, along with stadium Germain Arena until 2019 when they both were sold to Naples businessman David Hoffmann. Its a pretty big kick to go out and have dinner and smoke cigars, he says. Eight ball was a wimp's game,' Karmanos recalls. Peter Karmanos Jr. was born in in March 11, 1943. racist or sexually-oriented language. Be Proactive. We know it. Age in 2023 is 80 years old. The walls are adorned with signed hockey jerseys and other sports memorabilia; pictures of his children; gifts and awards from various businesses and organizations; a beautiful poster commemorating the Stanley Cup won by his team, the Carolina Hurricanes, in 2006; a framed photo of Karmanos shaking hands with President Trump; and, of course, the cigar paraphernalia. ( 1973-05-10) May 10, 1973 (age 49) Garden City, Michigan, U.S. Danialle Karmanos (born May 10, 1973) is an American philanthropist, humanitarian, activist, and social entrepreneur. at His father, Peter Karmanos, is a minority owner of the Carolina Hurricanes. Karmanos played soccer on an academic scholarship at Lee University in Cleveland, Tennessee. In a struggling Canadian economy, that's enticing. Auto Show; Nominate; 20 in Their 20s; 40 Under 40; 50 Names to Know in Government According to our information, Peter Karmanos Jr. married to Danialle Karmanos , Barbara Ann Karmanos. The dispute centers on Karmanos's will, which stands to give substantial amounts of money to his sons. Peter Karmanos, Jr. is a famous people who is best known as a Ice Hockey Player. He was inducted into the United States Hockey Hall of Fame in 2013. . His eldest son with Barbara,Peter Karmanos III, acotrustee in the stock partnership, cautionedhis father ina letter this spring that he and his two brothers werefrustrated by thenonpayments and readyto sue him for the note's full amount unless he madea$4.3-million payment by May 24. [5] Karmanos retired from Compuware on March 31, 2013, but maintained a consultant role within the company. Peter Karmanos Jr. (born March 11, 1943)[1][2] is an American businessman who was most recently the minority owner and alternate governor of the Carolina Hurricanes franchise until June 30, 2021. Astrologers and astronomers could only work with planets visible to the eye. Karmanos sat in the lobby waiting for her when the company owner came by and asked him what he was doing there. "Pretty soon I was the senior system analyst," Karmanos told me. I said, Well, I have been off cigarettes for a long time. And he goes, Well with cigars, you dont inhale them, and you still get some nicotine from it, Karmanos says. I am not going to be able to help you very much I just smoke them, he says. He used his fortune from the company to purchase the Carolina Hurricanes, the Plymouth Whalers, and the Florida Everblades. The strengths of this sign are being compassionate, artistic, gentle, wise, while weaknesses can be to be fearful, overly trusting and desire to escape reality. Eliteprospects.com hockey player profile of Jason Karmanos, 1974-05-22 Orchard Lake, MI, USA USA. He was inducted into the United States Hockey Hall of Fame in 2013. Mr. Karmanos has a wealth of public company management and information technology experience. You can blame him fully, he jokes, referring to the rocker. He used his fortune from the corporate to buy the Carolina Hurricanes, the Plymouth Whalers, and the Florida Everblades. Be Truthful. Karmanos started smoking cigarettes when he was 13 and, by the time he was 30, had developed a three-pack-a-day habit. He serves as a director for the Barbara Ann Karmanos Cancer Institute, Detroit Renaissance, and New Detroit Coalition, and on the Board of Governors for the National Hockey League. While attending Fairlane Christian, she was honored by the Daughters of the American Revolution and Who's Who Among American High School Students for written essays. Mr. Karmanos owns over 20,000 units of Worthington Industries stock worth over $4,003,730 and over the last 19 years he sold WOR stock worth over $2,953,260. Peter Karmanos Jr.'s age is 79. Peter Karmanos Jr. is the cofounder of Detroit-based Compuware, once the largest computer technology company in the state. While its relatively simple to predict his income, its harder to know how much Peter has spent over the years. Co-founder and former CEO and Chairman of Enterprise IT giant Compuware Corporation based in Detroit, Michigan. [16], Karmanos was an auto show narrator for Acura from 1997 to 1999 and Chrysler Corporation from 1999 to 2002.[17]. [21], Karmanos donated money to the Michigan Cancer Foundation, which was renamed the Barbara Ann Karmanos Cancer Institute in 1995 in memory of his first wife, Barbara Ann Karmanos, who died of breast cancer in 1989. Karmanos in 2021. ,. [fetch instagram= display=posts show=2 ]. As of 7 November 2017 he still owns at least 65,840 units of Worthington Industries stock. Beyond the attention grabber that is three sons suing their father over trust funds, the other important note is that it is alleged the money was borrowed to help support the Hurricanes. [4], In 2005, Karmanos founded Danialle Karmanos Work It Out (DKWIO). It has been known for a few years now that Peter Karmanos is trying to sell a majority stake in the Hurricanes for about two years, but has a desire to remain involved with the team in an ownership capacity. At the time, they had committed to keeping the team in Hartford for at least four years. Peter Karmanos Jr. is a Sports Executive who was born on March 11, 1943 in United States. The stock price got as high as $79.81 in 1999 at the peak of the Y2K boom in IT before a two-for-one stock split. Select this result to view Peter Karmanos's phone number, address, and more. Lets test it out! William P. Peters, M.D., Ph.D., is recruited to head the Center. FamousBirthdays.com - use subject to the practices disclosed in our privacy policy. Karmanos is also a member of the Leadership Advisory Board of the A. Alfred Taubman Medical Research Institute at the University of Michigan[13] and serves on the Board Development Committee of the Girl Scouts of Southeastern Michigan. NHL commissioner Gary Bettman said during his remarks, 2023 NHL trade deadline winners and losers, Bruins become fastest team to reach 100 points, NHL Star Power Index: Kane makes his Rangers debut, McDavid can join elite group with sixth multi-goal game, Bruins, Pastrnak agree to $90 million extension. Peter's mailing address filed with the SEC is 233 PIERCE, , BIRMINGHAM, MI, 48009. Orchard Lake, Michigan (MI), US. As the Independent Director of Worthington Industries, the total compensation of Peter Karmanos at Worthington Industries is $233,268. The Fashion Design Residency Competition is made possible by a generous gift from Danialle and Peter Karmanos, Jr. . Lives in: Orchard Lake MI. Most Popular #152169. Tom Dundon is now sole owner of the Carolina Hurricanes after buying out the remaining shares of the NHL club held by Peter Karmanos and others. She is contributing on Top Celeb Info as a freelance writer. Used to live: Naples FL, Bloomfield Township MI. As DeCock noted in his piece, the lawsuit at least raises questions about the owner's ability to sustain the franchise in its current state. Avid hockey fan and CEO of the Compuware Corporation. Peter Karmanos Jr.s birth sign is Pisces and he has a ruling planet of Neptune. Atop an end table near the common-area couch is a small, carved wooden box with a latch. Lowell P. Weicker Jr. brought CompuPhony into our lives, he swore Peter Karmanos and Jim Rutherford were ``real good at hockey'' and had deep pockets. At the same time, it built a day-care center that employees with young children could use for free. The lawsuit doesn't specifyhow much money or stock is left inthe partnership, but it says thevalue once exceeded $100 million. This includes extensive skill and background dealing with the growth, operation and management of a large public company as its co-founder and Chairman. By Brian LeBlanc @bdleblanc Aug 2 . On June 7, 2011, Karmanos announced that he will relinquish the CEO position on June 20 to become executive chairman. Hartford sold less than 11,000 season tickets for the 199596 NHL season and Karmanos announced the team would leave Hartford if the Whalers were unable to sell 11,000 season tickets for the 199697 season. I won't rehash everything here, but it just hasn't happened.". Michigan winter storm: Live weather radar, traffic updates, Your California Privacy Rights / Privacy Policy, Are from Peter Karmanos Jr.'s marriage to the late Barbara Ann Karmanos. Mr. Karmanos is a Partner in MadDog Technology, LLC, a privately-held company that specializes in advanced technology and mobile device development. He served as Chairman of the Board, Chief Executive Officer and a director of Compuware Corporation from its founding until June 2011. 5. [14] Even though they surpassed 11,000 season tickets, the team was moved to Raleigh, North Carolina, and renamed the Carolina Hurricanes following the 199697 season.