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Contents

   



(Top)
 


1 Biography  



1.1  Atlanta Hawks  





1.2  Charlotte Hornets  







2 Personal life  





3 References  














Rick Schnall







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From Wikipedia, the free encyclopedia
 


Rick Schnall
Charlotte Hornets
PositionMajority Owner, Co-Chairman
LeagueNBA
Rick Schnall
Born1969 or 1970 (age 54–55)[1]
EducationB.A. University of Pennsylvania
M.B.A. Harvard Business School
Known forCo-President of Clayton, Dubilier & Rice
Minority owner of the Atlanta Hawks
majority owner of the Charlotte Hornets

Rick Schnall (born 1969/1970) is an American businessman, co-president of private equity firm Clayton, Dubilier & Rice, minority owner of the Atlanta Hawks, and among the majority owners of the Charlotte Hornets. [1]

Biography[edit]

Schnall is a graduate of the University of Pennsylvania and the Harvard Business School.[1] After school, he worked for Smith Barney and Donaldson Lufkin & Jenrette.[1] In 1996, he joined Clayton, Dubilier & Rice eventually reaching partner[1] where he started and oversees the healthcare, tech and financial services verticals.[2]

Atlanta Hawks[edit]

In 2015, Schnall was part of a group led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Steven Price, that successfully purchased the Atlanta Hawks for $850 million.[3][4][5] He was selling his stake in the Hawks as of July 2023.[6]

Charlotte Hornets[edit]

In June 2023, Schnall along with Gabe Plotkin successfully purchased the Charlotte Hornets from majority owner, Michael Jordan.[7]

Personal life[edit]

Schnall is of Jewish descent[8] and lives in New York City.[9]

References[edit]

  1. ^ a b c d e Tucker, Tim (June 27, 2015). "Meet the Hawks' new owners". Ledger Enquirer. Schnall, 45, is a partner with private equity firm Clayton Dubilier & Rice....
  • ^ "Richard J Schnall "Rick" Co-President/Partner, Clayton Dubilier & Rice LLC". Bloomberg. 22 March 2023.
  • ^ "NBA unanimously approves sale of Atlanta Hawks" (Press release). National Basketball Association. June 24, 2015. Retrieved June 24, 2015.
  • ^ "Hawks finalizing sale with billionaire Antony Ressler". The Atlanta Journal-Constitution. Retrieved 23 April 2015.
  • ^ NBA: "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks" June 25, 2015 | "Other investors include seven-time NBA All-Star Grant Hill, who will serve as Vice Chair of the Board, Townsquare Media Chair and CEO Steven Price, Clayton, Dubilier & Rice partner Rick Schnall, and Spanx founder Sara Blakely and Marquis Jet co-founder Jesse Itzler, who are married"
  • ^ "Who are the new Hornets owners? Gabe Plotkin and Rick Schnall set to purchase team from Michael Jordan".
  • ^ Moore, Evan (June 16, 2023). "Who are Gabe Plotkin and Rick Schnall? Meet the new Charlotte Hornets owners". The Charlotte Observer.
  • ^ Cohen, David R. (April 29, 2015). "Jewish Investor Buying Hawks". Atlanta Jewish Times. At least two of his Hawks partners, Itzler and Rick Schnall, are Jewish.
  • ^ "Who is Rick Schnall? Looking at a probable part owner of Charlotte Hornets". Sportskeeda.

  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Rick_Schnall&oldid=1224877695"

    Categories: 
    1970 births
    American sports owners
    Harvard Business School alumni
    Living people
    University of Pennsylvania alumni
    Atlanta Hawks executives
    Jewish American sports executives and administrators
    Charlotte Hornets owners
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    This page was last edited on 21 May 2024, at 00:45 (UTC).

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