Las Vegas and Quebec City are the only two markets up for new franchises. Peter Karmanos Jr. [1][2], Since 2017, Karmanos has served on the board of trustees at Detroit Country Day School, a K-12 college preparatory school located in Oakland County, Michigan. Karmanos retains a 39 percent minority stake; Dundon has an option to purchase the remainder in three years. Peter Karmanos Jr.s height Not obtainable right now. The 79-year-old sports executive was born in Michigan, United States. There are 15 executives at Worthington Industries getting paid more, with John P. McConnell having the highest compensation of $5,150,460. Peter Karmanos, Jr. (born March 11, 1943)[1][2] is the CEO of Compuware Corporation and owner of the Carolina Hurricanes, Plymouth Whalers and Florida Everblades hockey franchises. Age in 2025 is 82 years old . Thepartnership filed itslawsuit two days after themissed deadline. According to our information, Peter Karmanos Jr. married to Danialle Karmanos , Barbara Ann Karmanos. 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. She worked at Mechanical Mailing in the old Packard plant in Detroit, and he borrowed her car one day, returning before she got off work. "We are fortunate to have a passionate fan base that supports what we believe is a . . 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. Did you know: Karmanos' other awards include the 1998 Lester Patrick Trophy for outstanding . He was born on March 11, 1943, in Detroit, MI, he is 76 years old as of 2019. At the time, they had committed to keeping the team in Hartford for at least four years. Highlights 1 1 1 . When Pete told him he'd been looking for a job, the owner told him he happened to be installing an IBM mainframe computer and needed someone to help run it. In a struggling Canadian economy, that's enticing. 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. Relationships Record: We dont have any information of previous relationships for Peter Karmanos Jr.. You could assist us to construct the dating information for Peter Karmanos Jr.! Hurricanes fans shouldn't be panicking about this news, but a little concern wouldn't be a bad idea based on what has come to light in this lawsuit and where the league seems to be headed in the coming years. He currently is involved in several tech start-ups based in Birmingham, including an all-onlinemortgage lending platformcalled Lenderful. "I didn't know it until I started reading want ads and found out that's what I was. Karmanos retired from Compuwarein spring 2013. Peter Karmanos Jr.s age is 79. The honorees for this year's Partners Events are Danialle and Peter Karmanos Jr. 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. Born. Please avoid obscene, vulgar, lewd, The Vainutis K. Vaitkevicius Community Services Center is dedicated in Southfield, Michigan. He has served continuously as a director of the Company since 1997, is Chair of the Nominating and Governance Committee and is a member of the Executive Committee. Sports Executive #28. He used his fortune from the company to purchase the Carolina Hurricanes, the Plymouth Whalers, and the Florida Everblades. He and National Football League executive Jerry Jones both owned major athletic teams. Its a really decent-smelling cigar. Auto Show; Nominate; 20 in Their 20s; 40 Under 40; 50 Names to Know in Government 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. that is degrading to another person. Mr. Karmanos owns over 20,000 units of Worthington Industries stock worth over $3,908,921 and over the last 19 years he sold WOR stock worth over $2,953,260. Born: March 11, 1943, Detroit. Theycontend that their fatherstoppedmakingpayments nearlythreeyears agoon a $101-million promissory note to thestock partnership. Karmanos sold . You have permission to edit this article. Karmanos owes his career to having borrowed a car from his girlfriend to go look for a job the summer after graduating from high school. Peter Karmanos Jr. (l) receives his Hockey Hall of Fame blazer from the Chairman of the Hockey Hall of Fame Lanny McDonald prior to the Legends Classic game on November 8, 2015 at the Air Canada . The greatest overall compatibility with Pieces is Virgo and Taurus. In 2017, Karmanos founded The Cuddlers, a volunteer-based movement started at Children's Hospital of Michigan to cuddle . As of 2023, Peter Karmanos Jr.'s net worth is . Karmanos Jr. was born in Detroit, the oldest of three children of a Greek immigrant family who owned a small restaurant in Detroit. Whos the richest Sports Executive in the world. They worked together for 19 years with Karmanos . AKA: K Peter, Peter A Karmanos, Peter Karmanos, Peter D Karmanos. Click below to see everything we have to offer. Peter Karmanos Jr.s birth sign is Pisces and he has a ruling planet of Neptune. Pisces is ruled by Neptune, the celestial body that governs creativity and dreams, and these ethereal fish adore exploring their boundless imaginations. 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. [20], She has been featured in Hour Magazine's Best-Dressed list. "His neighborhood buddies remember hanging around at Leonard's Pool Hall on Eight Mile near Lahser more than they remember going to class. 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. Please check the opt-in box to acknowledge that you would like to subscribe. Lives in: Orchard Lake MI. Peter Karmanos Jr. is the cofounder of Detroit-based Compuware, once the largest computer technology company in the state. Age in 2024 is 81 years old. 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. Walter A Brown Net Worth 2023, Age, Height, Bio, Birthday, Wiki! Its a pretty big kick to go out and have dinner and smoke cigars, he says. In 2007, Karmanos was named to Crain's Detroit Business' "40 Under 40" list of young achievers in recognition of her career achievements. But his tastes arent too ritzy. The estimated Net Worth of Peter Karmanos is at least $7.1 Million dollars as of 7 November 2017. Avid hockey fan and CEO of the Compuware Corporation. Karmanos is co-founder and former CEO and Chairman of Enterprise for software and IT giant, Compuware Corporation. Peter has a graduation degree from high school. If you see something that doesnt look right, contact us. Enjoy unlimited articles at one of our lowest prices ever. "Considering that he has always bucked authority quitting the football team after a dispute over the length of his hair, refusing to cancel a vacation despite a boss' insistence it is ironic, then, that Peter Karmanos pool hustler, rebel, runaway, fighter, truant, occasional wearer of ponytails, despiser of rules and authority is the founder and CEO of Compuware Corp., a $300 million-a-year company with a reputation as one of the finest software and computer services companies in the world. If the NHL isn't ready to expand by two teams, and most seem to believe that Las Vegas is more likely than Quebec City to get the green light, that could leave a deep-pocketed prospective ownership group available as a potential buyer. Peter Karmanos Jr. Peter Karmanos Jr. was born in 1940s. Kid Rock, whom Karmanos affectionately calls Bobby. PLEASE TURN OFF YOUR CAPS LOCK. As of January 12, 2023, Peter Karmanos Jr.s will not be dating anybody. Most Popular #152169. You can also find out who is Peter Karmanos Jr. dating now and celebrity dating histories at CelebsCouples. Mr. Karmanos is a Partner in MadDog Technology, LLC, a privately-held company that specializes in advanced technology and mobile device development. [16], Karmanos' Gale Force Holdings has a subsidiary dedicated to the NHL, Hurricanes Holdings, LLC, which includes the Hurricanes and their stadium, PNC Arena. No racism, sexism or any sort of -ism Be Proactive. When Compuware went public in December 1992, it set an all-time record for an IPO by a tech company, the Google of its day. Karmanos has . Birthday March Mar 11, 1943 Birthplace Michigan . In addition, he makes $233,268 as Independent Director at Worthington Industries. Good cigar? Kevin O'Shea, attorney for Peter Karmanos Jr.,said there would beno comment for this article. The day in 1994 when Gov. Howie Roseman Net Worth 2023, Age, Height, Bio, Birthday, Wiki! 5 Some Facts About Peter Karmanos, Jr. [9] She was named by Michigan Governor Jennifer Granholm to serve on the Michigan Film Office Advisory Council in 2008. Most Popular #152169. Peter Karmanos Jr.s source of wealth comes from being a sports executive. Be Nice. 2. 8. Shortly after graduating from Wayne State University, he, Allen . As the Independent Director of Worthington Industries, the total compensation of Peter Karmanos at Worthington Industries is $233,268. Karmanos' desire to sell has fanned the flames of relocation speculation over the last two years. 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 . The dispute centers on Karmanos's will, which stands to give substantial amounts of money to his sons. Early life. The lawsuit was filed last weekby the stock partnershipagainst Karmanos, 73,in Oakland County Circuit Court. She died of cancerin 1989 and becamethe namesake for the renownedMichigan-basedcancer institute. Majority of Peters money comes from being a sports executive. Even after the company went public, every employee worked a flex-time schedule of his or her design. 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. "No one should have that power over someone.". Forgotten in light of takeover battles for the company and long-time criticisms that it has been an underperformer with a languishing share price the stock opened Wednesday at $12.47 is how much money Compuware made for many local investors in the 1990s.