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. Karmanos thereafter sued Compuware for conversion, breach of contract, and unjust enrichment, and was awarded $16.5 million in arbitration. Jason Karmanos - Elite Prospects Peter Karmanos Jr. shows off his humidor. [15] In 2006, she wrote, co-produced, and directed the award-winning "I Am Detroit" for Compuware Corporation. He served as their principal owner from 1994 (when the Hurricanes were the Hartford Whalers) to 2018. He gently stubs it out as he hangs up the phone. Karmanos, flanked by noted divorce attor Salman Bin Ibrahim Al Khalifa - Net Worth, Age, Height, Bio, Birthday, Wiki! She died of cancerin 1989 and becamethe namesake for the renownedMichigan-basedcancer institute. Feds slam unremorseful Kilpatrick's 'pastor' gig amid restitution fight Peter Ranked on the checklist of hottest Sports Executive. . 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. View Details. A window into the career of a brilliant Detroit. Peter is without doubt one of the richest Sports Executive & listed on hottest Sports Executive. Peter Karmanos Jr. is a member of Richest Celebrities and Sports Executives. Peter Karmanos, Jr. is chairman, CEO and co-founder of Compuware Corporation. He continued to serve as Executive Chairman of the Board and a director until March 2013, when he resigned from that board. PETER KARMANOS JR V GURMINDER S BEDI :: 2018 - Justia Law 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. In 1965, Pete lied about his age when he applied to be a data processing manager at the Detroit architectural and engineering firm of Giffels & Rosetti. Peter Karmanos Jr. Occupation. According to our information, Peter Karmanos Jr. married to Danialle Karmanos , Barbara Ann Karmanos. [4], In 2005, Karmanos founded Danialle Karmanos Work It Out (DKWIO). The league's board of governors unanimously approved the transaction Wednesday. Trump ally Robert Kraft revealed as longtime owner of offshore firm [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. He is best known for being a Sports Executive. Peter Karmanos Jr. was born in Michigan, United States on Thursday, March 11, 1943 (Baby Boomers Generation). In high school, when he wasn't shooting pool, Pete Jr. waited tables at Pete's, his father's restaurant at Grand River and Lahser. If you think Peter Karmanos's age is not correct, please leave a comment about Peter Karmanos's real age and Peter Karmanos's actual birthday below. Peter Karmanos Jr.s height Not obtainable right now. He got the job. We will replace Peter Karmanos Jr.s religion & political opinions on this article. "His neighborhood buddies remember hanging around at Leonard's Pool Hall on Eight Mile near Lahser more than they remember going to class. . It is so unusual these days, because you cant smoke anywhere else, he says of the Mad Dog Technology offices in Birmingham. Compuware CEO gets divorced - The Oakland Press Sergei Fedorov and Peter Karmanos, Jr., are two members of the Hockey Hall of Fame Class of 2015. Peter Karmanos Jr. nickname is Peter. Karmanos retains a 39 percent minority stake; Dundon has an option to purchase the remainder in three years. The honorees for this year's Partners Events are Danialle and Peter Karmanos, Jr. CBS News: Free 24/7 News; Special Report; NEXT Weather; CW50 Detroit; . Peter Karmanos Jr. is part of the Baby boomers generation. Peter Karmanos Jr. - Age, Family, Bio | Famous Birthdays Carlo Furletti Net Worth 2023, Age, Height, Bio, Birthday, Wiki! Peter Karmanos sued by his adult sons for $105M - Detroit Free Press [8], Karmanos co-founded the Detroit Compuware Hockey organization in the late 1970s with Thewes. Compuware went public in December 1992 at $22 and was a high flier that more than doubled that price to $47 in the next 15 months. Shortly after graduating from Wayne State University, he, Allen Cutting, and Thomas Thewes founded Compuware. As of January 12, 2023, Peter Karmanos Jr.s will not be dating anybody. 5. Atop an end table near the common-area couch is a small, carved wooden box with a latch. The 79-year-old sports executive was born in Michigan, United States. `He'd have to take off his glasses, then grope to figure out which guy he was supposed to fight. During his player career, Jason spent four years with Harvard University (1992-1996) and played for the United States at . Peter Karmanos Jr. birth place is Michigan. Peter's mailing address filed with the SEC is 233 PIERCE, , BIRMINGHAM, MI, 48009. You can blame him fully, he jokes, referring to the rocker. Pin. Orchard Lake, Michigan (MI), US. Ex-Carolina Hurricanes owner says he'd have fired coach had current NHL Sergei Fedorov and the offer sheet that 'cost' Carolina Hurricanes Karmanos Cancer Institute 20th Annual Partners Events honor Danialle I got to know Pete well in 1993 and 1994, spending a lot of time with him and his colleagues, tracking down old friends and even his high school counselor for a cover story I wrote for a now defunct monthly publication called Corporate Detroit. The estimated Net Worth of Peter Karmanos is at least $7.1 Million dollars as of 7 November 2017. Karmanos and his wife Danialle recently donated $100,000 to the fund. Karmanos declined. Peter and Danialle Karmanos have donated $40 million to the Karmanos Cancer Institute in Detroit. Please check the opt-in box to acknowledge that you would like to subscribe. Click below to see everything we have to offer. According to our evaluation, Wikipedia, Forbes & Business Insider, Peter Karmanos Jr.s net worth $5 Million. Co-founder and former CEO and Chairman of Enterprise IT giant Compuware Corporation based in Detroit, Michigan. Karmanos, the owner of the Carolina Hurricanes, said of Fedorov that it was "pretty obvious that . Gary Bettman Net Worth 2023, Age, Height, Bio, Birthday, Wiki! Relocating a team would be cheaper for Quebecor, the telecommunications giant that hopes to bring the NHL back to Quebec City, than buying an expansion franchise. Links: www.compuware.com. Penguins fire assistant general manager Jason Karmanos 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. The problem? In 1994, when it was still headquartered in Farmington Hills, the company built a 40,000-square-foot wellness center, complete with running track and basketball court. As first reported by WDIV in Detroit, Karmanos was named in a lawsuit by three of his adult sons, one of whom is Jason Karmanos, the vice president of hockey operations for the Pittsburgh Penguins who are competing for the Stanley Cup presently. Peter Karmanos' house in Orchard Lake, MI (Google Maps) Hertz Arena, Everblades being sold to Naples resident David Hoffmann 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. Karmanos started smoking cigarettes when he was 13 and, by the time he was 30, had developed a three-pack-a-day habit. Forgotten as well, perhaps, given several rounds of highly publicized layoffs in recent years, including a round of 250 layoffs in February 2009 that came on the same day the company announced it had hired former Detroit Mayor Kwame Kilpatrick for a potentially lucrative sales job, is that Compuware and Karmanos were once among the most enlightened of employers. Peter Karmanos Jr. - Net Worth 2023, Age, Height, Bio, Birthday, Wiki! Shortly after graduating from Wayne State University, he, Allen Cutting, and Thomas Thewes founded Compuware. 5 Some Facts About Peter Karmanos, Jr. Peter Karmanos Jr. - Wikipedia Opinion: Nuclear energy can help control global warming, For Black political strategist-turned-entrepreneur, politics and Detroit are in her DNA, Paula Tutman's entrepreneurial journey helps lift up other women, GM considering Palace of Auburn Hills site for 'supplier park', Miss a car payment and Ford could shut off your A/C, Marijuana top cop slams vendor for 'clerical error' that nearly shut down industry, Wabeek Club's $10 million renovation aims to secure its future, Black-owned Brinker Group focuses on building a quality reputation. Peter Karmanos Jr. will retire from Compuware Corp., the computer services company he co-founded in 1973, when he steps down at age 70 as chairman of the board on March 31. Growing up in Detroit, hockey was always his favorite sport, but it wasnt until he took his sons to a 'learn to skate' program that his passion grew into what it is today. Avid hockey fan and CEO of the Compuware Corporation. . Avid hockey fan and CEO of the Compuware Corporation. Kevin O'Shea, attorney for Peter Karmanos Jr.,said there would beno comment for this article. I thought, Gee, this aint bad, but I do not want to get hooked on them. So I went a month and didnt have a need to smoke a cigar, and I thought, Well, this is pretty cool. Because if I would have smoked a cigarette, I would be back smoking a whole pack. No, he says, and chuckles at the thought. Peter Karmanos Age: 54. 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. An uncomfortable situation is brewing for Carolina Hurricanes owner Peter Karmanos Jr., that could end up having bigger implications for the organization he currently operates. All Rights Reserved. When Pete graduated from Henry Ford High School in 1961, his high school counselor, John Cumming, had a present for him all the excuses for being tardy or absent that Pete had forged over the years. Clerical/White Collar is listed as a current occupation. Early life. The 79-year-old American sports executive has done well thus far. Compuware raised $207 million, then, and $109 million in a second offering in June 1993. A box of those costs about $130. OAKLAND COUNTY - Compuware chairman and chief executive officer Peter Karmanos Jr. quietly ended his 13-year marriage in Oakland County Circuit Court. Discover what happened on this day. Peter Karmanos sues Compuware over sale to Thoma Bravo Peter J. Karmanos Jr. serves as Independent Director of the Company. Peter Karmanos Jr. smokes an Ashton cigar at his Mad Dog Technology office in Birmingham. racist or sexually-oriented language. accounts, the history behind an article. The two were hanging out, Karmanos recalls, when Rock asked Karmanos if he wanted a cigar. 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. Like. The Hurricanes have made the playoffs only once since winning the Stanley Cup in 2006. Karmanos also sponsors youth hockey programs in Michigan. He was joined in a three-man ownership group by Thomas Thewes, his longtime business partner, . Debra Glendening from Michigan Phone Number, Address, Age, Contact Info He was perceptive. 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. William Ford Sr. of Grosse Pointe $1.4 billion [ [Ford) John Stryker of Kalamazoo, $1.4 billion [ [Stryker) Roger Penske of Bloomfield Hills, $1.3 billion [ [auto) Manoj Bhargava of Farmington Hills, $1.1 billion [ [Five-Hour Energy) Peter Karmanos of Orchard Lake, $1 billion [ [Compuware) Are there many 9-figure net worth people/families that . Peter Karmanos Jr. smokes an Ashton cigar at his Mad Dog Technology office in Birmingham. Former Carolina Hurricanes GM Ron Francis reportedly did not tell owner Andrew Norriss Net Worth 2023, Age, Height, Bio, Birthday, Wiki! At the time, Pete was vice president of a Minneapolis-based company called Technalysis, running its Detroit office. Jeff Jacobs: Still Don't Like Him, But Pete Karmanos Should Be In On average, Peter trades about 1,107 units every 35 days since 2003. Peter Karmanos Jr. was born in in March 11, 1943. There are 15 executives at Worthington Industries getting paid more, with John P. McConnell having the highest compensation of $5,150,460. Eliteprospects.com staff profile of Peter Karmanos, 1943-03-11 Detroit, MI, USA USA. Used to live: Naples FL, Bloomfield Township MI. They worked together for 19 years with Karmanos . DETAILS BELOW. Peter Karmanos Jr. was born in March 11, 1943. Most Popular #152169. This page is updated often with new details about Peter Karmanos Jr.. Bookmark this page and come back often for updates. The age of Peter is fifty-five. Karmanos is also former owner of the Carolina Hurricanes of the National Hockey League, and was inducted into the Hockey Hall . Peter Karmanos Jr. | Carolina Hurricanes Mr. Karmanos has a wealth of public company management and information technology experience. This includes extensive skill and background dealing with the growth, operation and management of a large public company as its co-founder and Chairman. Its a really decent-smelling cigar. The Ontario Hockey League awarded an expansion franchise on December 11, 1989, to be known as the Detroit Compuware Ambassadors. The Partners group was the original vision of Anna and Harry Korman in memory of their daughter, Suzanne, who died of cancer at age 36. It lasts about 30 minutes of steady smoke, and you dont have to smoke it all day long. Peter Karmanos, Jr. is a famous people who is best known as a Ice Hockey Player. Keep it Clean. His cigar of choice has been the Ashton Virgin Sun Grown Enchantment for about a decade. . Danialle Karmanos (born May 10, 1973) is an American philanthropist, humanitarian, activist, and social entrepreneur. A product of the Dominican Republic, the Enchantment is, according to the online retailer Famous Smoke Shop, a fairly difficult cigar to obtain because it is wildly popular among cigar collectors. In addition to three children with Barbara, Karmanos has four others with current wife Danialle, and nine grandchildren. Please avoid obscene, vulgar, lewd, Amember of the Hockey Hall of Fame, Karmanoslast year sold the Plymouth Whalers junior ice hockey teamas well as theformer Compuware Arena. Mr. Karmanos also served as a director for Taubman Centers, Inc. from 2000 and was a member of its Compensation Committee until January 2018 when he resigned from that board. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nhl | pageType: stories | Las Vegas and Quebec City are the only two markets up for new franchises. But he knows what he likes, and that includes Churchills Bistro and Cigar Bar in Birmingham. The trusts are valued at over $100 million, but over the years, Pete Sr. borrowed against the account to fund his beloved Carolina Hurricanes hockey team. Age 79 years old. 7. Be Truthful. Age 48 Height . Peter Karmanos, Jr., donates $15 million to the Center, which is named for his wife, Barbara Ann, to become the Barbara Ann Karmanos Cancer Institute. March 11, 1943 (age 79) Detroit, Michigan, U.S. Pete Karmanos borrowed millions of dollars from trusts, made up of Compuware stock, promised to his three sons, Peter the third, Nick and Jason. He used his fortune from the company to purchase the Carolina Hurricanes, the Plymouth Whalers, and the Florida Everblades. Biography. "Having lost my mother at just age 46 to cancer, I find peace and comfort knowing that, as a team, we have saved so many families from this same fate. As of 2023, Peter Karmanos Jr.'s net worth is . [5], Karmanos has been a mom's columnist for Styleline Magazine[6] and a guest blogger for Metromodemedia.com. That is a neat place, and they have great food. It cost about $120. The lawsuit doesn't specifyhow much money or stock is left inthe partnership, but it says thevalue once exceeded $100 million. The lawsuit was filed last weekby the stock partnershipagainst Karmanos, 73,in Oakland County Circuit Court. Samuel Eyde Living on Preserve N Dr in Petoskey, MI - Usapeoplesearch Peter Karmanos III was once thechief information officer at Compuware, according to his LinkedIn profile. Karmanos Might Be Villain In Hartford, But He's Revered Elsewhere Lives in: Beverly Hills MI. Peter Karmanos Jr. is a Pisces and his 80th birthday is in, The 79-year-old American was born in the Baby Boomers Generation and the Year of the Goat. 10 things you may not know about Pete Karmanos Jr., who retires from Sabres Hire Jason Karmanos as Associate GM - Die By The Blade The dispute centers on Karmanos's will, which stands to give substantial amounts of money to his sons. Also ranked within the elit checklist of well-known celeb born in United States. 1. . Peter Karmanos - Address & Phone Number | Whitepages He and National Football League executive Jerry Jones both owned major athletic teams. AKA: Danialle Karmanos Related to: Danialle Tynan, Debra A Glendening, Fotene Karmanos, Jason R Karmanos, Nicodemus A Karmanos. Peter Karmanos Jr. (born March 11, 1943) is famous for being sports executive. 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. Top 3 Results for Peter Karmanos. Age Range: 57 to 74; Background search with BeenVerified. Homes - Celebrity - Business, Homes - Celebrity - Sports - Ice Hockey. Peter Karmanos Jr. donated $15 million . 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 Peter was born on 11 March, 1943 in Detroit. [4] He was inducted to the Hockey Hall of Fame in the Builder Category in 2015.[18]. Compuware had humble beginnings a few months later, and was based on a business plan to do system installations and provide programmers to other companies that was laid out on a sheet of yellow paper on Karmanos' dining room table. Just before Pete left for the UP, his boss strongly suggested that because of flat sales, he should cancel his trip. [12][13] Connecticut's then-governor Lowell P. Weicker announced that Karmanos would be critical for the team to stay in Hartford. He says the most expensive cigar he ever smoked was a Cuban that he found in the cigar room of a hotel in Switzerland. Carolina Hurricanes: Tom Dundon buys out Peter Karmanos | Raleigh News $100,000 - $1M. 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. Time's ticking for Chuck Greenberg to pony up to Peter Karmanos' asking price to purchase the Canes, and single-game tickets go on sale beginning August 22. Karmanos is the son of former Hurricanes owner Peter Karmanos, a longtime associate of Rutherford. He is 79 years old and is a Pisces. He was very aggressive and had a short fuse,' says an old friend.

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