By implementing innovative technology and efficient business practices, he expanded the family business into a multi-billion dollar enterprise. All rights reserved. If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. The suspension drew outrage from conservatives like Sen. Steve Daines (R-Mont. It's his team, his money, and you can watch him spend it happily or not from his seat right behind the plate. Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. Yes, a bulldozer. "No interest in buying the Astros," Cuban said in an e-mail to ESPNDallas.com. It will be full-speed ahead.". Faith Driven Movements is not responsible for the opinions, advice, statements, materials, presentations, data, images, videos, documentation and other information (collectively, the Materials) expressed or otherwise shared by guest contributors (including without limitation podcast guests, conference speakers, guest writers, participating companies and investment professionals). He will know what they think at a time when many baseball owners are out of sight. Yasir bin Othman Al-Rumayyan, governor of the $500 billion (assets) Public Investment Fund of Saudi Arabia, has 21 days to respond to the summons as the bitter professional golf power struggle boils over into geopolitics. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. In 1990, when Drayton received a call from Sam Walton announcing a trip to Temple, it seemed natural considering their relationship. Reflects change since 5 pm ET of prior trading day. Under his management, McLane hired four general managers (the longest being Gerry Hunsicker) and six managers, with McLane being described as having a special interest in running the team like a business under close watch. He became president and CEO of McLane Company in 1978 and chairman in 1992. His grandfather came from Abbeville, South Carolina, to Cameron, Texas, in the late 1800s, and worked as a farm laborer until about 1885, when he was able to buy and build a small retail grocery, and in 1894 went into the wholesale grocery business in a small way. Hosts and Guests may maintain positions in the companies and securities discussed. A recent regional television deal with Comcast SportsNet Houston was stated by McLane as putting the Astros on a similar footing as other National League teams, and McLane believed it would help with the income side of this transaction. [17] Tim Purpura was named the new general manager for 2005. McLane Group. McLane painted a positive outlook for the future, though, starting with the team's young nucleus of talent. He then served 14 years as general manager of operations. "I bet $96 million they're wrong!". Bachelor of Arts/Science, Baylor University; Master of Business Administration, Broad College of Business. In addition, Mr. McLane has investments in several joint business ventures within the information technology market. McLane said his decision to finally fully commit to selling the team was based mostly on family considerations. Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. Mr. McLane received his Bachelor of Business Administration degree from Baylor University in 1958 and his Master of Business Administration degree from Michigan State University in 1959. Temple, TX 76504, About A native Texan, this acclaimed businessman, leader, and generous philanthropist, ensures the focus of all his endeavors are based upon strong Christian values and moral ethics. His father, Drayton McLane Sr., owned a wholesale grocery distribution center that had been established by his grandfather, Robert McLane, in 1894. The website is intended to be an opportunity to exchange ideas for educational purposes. Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations The McLane Name at the Forefront of Innovation Sheriff Blaylock: A Family Tradition of Service and Honesty Distribution and Retail Pioneers Join Forces McLane Group Founded MCLANE CLASSIC FOODS. Privacy Policy He invested much of the profits in professional baseball's Houston Astros. Some seem certain it will revolutionize the world, while others point out its difficult or inaccurate responses. The shared room comes equipped with two twin beds with 80" mattresses, two desks, two desk chairs, and two chests of drawers. Right behind home plate for the start of virtually every Astros home game. Is that enough for you? McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. Donald Trumps real net worth? "Baseball is in great shape, and the Astros are a great franchise. Currently, they are active members of First Baptist Belton. Privacy Policy Houston Astos owner Drayton McLane, Jr., leaves the Bob Casey Federal Courthouse in Houston, Texas, on Tuesday, May 2, 2006. "In 16 years, I never saw anything and I was in the locker room before every home game. Today the heritage continues through McLanes sons Drayton III and Denton, while the family tradition of excellence remains within the collection of McLane companies. Who will win each 2023 conference tournament? This year he is certain some of the talk will be about steroids, an issue McLane considers history. Oscar winner Robert De Niro is heading to Netflix in his first TV series as the star and executive producer of the conspiracy thriller Zero Day. The story begins in late 1800s when McLanes grandfather, Robert McLane opened his first retail grocery business in Cameron, Texas. Although headquarters are in Central Texas, the company and its . As of October 2021, his net worth was estimated at US$2.9billion.[1]. "Do you deserve any of the blame," I asked. Drayton is the former owner of the Houston Astros. During his tenure, he moved the company from Cameron to Temple, Texas to take advantage of the central location for distribution. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. He graduated from C.H. Yoe High School in Cameron in 1954. Contact. He leaves the best seat in the house to wander Minute Maid's concourses. Drayton McLane is a grocery-store executive, and the owner of the Houston Astros baseball team. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. Another big selling point is the team's new deal with the NBA's Houston Rockets to create a regional sports network that will begin airing Rockets games in 2012 and Astros games in the 2013 season. You may know Drayton McLane Jr. for his leadership work on behalf of Baylor University, including the key donation that made the new football stadium, now called McLane Stadium, possible. John graduated from BowlingGreen State University with aBachelor of Science, Business Administration (BSBA). |, McLane Ford Dealership of Fredericksburg LLC, The McLane Name at the Forefront of Innovation, Sheriff Blaylock: A Family Tradition of Service and Honesty, Distribution and Retail Pioneers Join Forces. It is something he's done for 15 years and considers part of his job. Welcome to Drayton McLane Jr.s official website. Links: en.wikipedia.org Contact. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. [9] McLane, who had balked at the idea of building a new stadium by the County that wanted over $200 million contributed by the Astros, had approached Collins about a backup plan to sell the team to him for $150 million if the Harris County stadium referendum failed, which McLane apparently felt was going to not pass. Steve Greenberg, son of Hall of Fame slugger Hank Greenberg, is the firm's managing director. ft.). After receiving degrees from Baylor University and Michigan State University, Drayton McLane began working in the family business, which was opened in 1894 by his grandfather and sustained by the leadership of his father in 1921. McLane, through McLane Grocery and McLane Foodservice operates 80 distribution centers across the U.S. and one of the nation's largest private fleets. Further, Faith Driven Movements does not endorse or recommend any presenter, promoter, investment advisor, strategy, company or any views mentioned at any conference or in the Materials. He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. Articles He joined McLane Group as President and Chief Operating Officer in December 2022 and leads our diverse group of companies in manufacturing, distribution, and logistics. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. Articles Address: 900 College Street, Box 8006 Belton, TX 76513 [14] A midseason trade for Carlos Beltran helped the team arise from the muck, as the team won 36 of their last 46 games to reach the Wild Card. Chair in Health and Wellness, a new endowed chair that is a joint appointment between the hospital and the Texas A&M University Health Science Center College of Medicine. The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. My initial reaction was No! said Drayton. It wasnt surprising the two acclaimed businessmen became personal friends through the years. McLane is optimistic Houston fans will embrace the new team. Watch a portion of McLane's interview in the above video player. All rights reserved. 329m goal: Felix the only men's contender for Chelsea's Goal of the Month, UFC 285's Shevchenko by the numbers: It all adds up to domination, A battle for No. The team went 8478 and won the National League Central division title, their first title since 1986. After graduation, McLane returned home to work for his father. Drayton McLane Jr. McLane Group Leading the Charge. We'll let people come to us and tell us what they think.". It was the last postseason run for the Astros, who fell into a decade-long drought that saw just two winning seasons from 2006 to 2014, owing to an aging team that lacked a suitable farm system, as done due to McLane and others pushing for goals of a World Series with a favor for free agents that left the team cratering after 2008. Eighteen distribution centers were built around the United States. He used computer-based technology to enhance the distribution system. While McLane and Greenberg answered questions, work crews installed a new scoreboard at Minute Maid Park, the Astros' home since the 2000 season. Wireless internet in the building and two internet jacks per room. McLane mixes with fans every night. The McLane/Walmart association began in the 1980s when the McLane Company began selling convenience grocery items in the Walmart stores in Central Texas. Cable and internet service are provided. He said the process could take "three months or three or four years." Drayton McLane, the owner of the Astros back then, told Oswalt before the game that if he won the game, McLane would get Oswalt the gift he always wanted - a bulldozer. The 74-year-old McLane said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. They were active members of First Baptist Church of Temple, where Drayton taught Sunday School and served as an active deacon. "It enhances the overall asset. He says he sits there because he is the one responsible for the team. Mr. McLane hopes to use his official website to help in promoting some of the nonprofit efforts he and his family are involved in. I never heard anyone even mention steroids.". The team was sold on November 17, 2011, for $680million. Sometimes he sits next to his wife, Elizabeth. Drayton joined McLane Group in 2006, and serves as managing director of McLane Classic Foods and Chairman of Sports in Action (which manages the Dave Campbells Texas Football brand). A native Texan, this acclaimed businessman, leader, and generous philanthropist, ensures the focus of all his endeavors are based upon strong Christian values and moral ethics. During his years with the company, McLane assisted his father in building an effective grocery distribution network that served convenience stores, supermarkets, and the fast-food industry nationwide. Under no circumstances will Faith Driven Movements (or their respective trustees, directors, officers, employees, or agents) be liable for the accuracy, quality or reliability of any of the presentations or Materials, any defamatory, offensive, or illegal conduct of presenters, or any direct, indirect, incidental, special or consequential damages arising from any presentations or Materials. John Wright has extensive operations, supply chain, and business expertise earned in 3rd-party logistics, manufacturing, cash management and technology companies. [10][11] The 1995 team had a payroll of $32 million and finished one game off making the National League Wild Card. McLane said the sale won't affect the team's operations, particularly on the major league side. A block of rooms within the building are set aside for freshman honors program applicants. In 1991, McLane and shareholders sold the company to Sam Walton for 10.4 million shares of Walmart stock and $50 million in cash. [4][5], In his first season as owner in 1993, the Astros went 85-77, with the free-agent acquisitions of Doug Drabek and Greg Swindell (each signed to four-year deals) doing minimal contributions. Denton lives in Birmingham, Alabama and holds a BBA degree in Economics from Baylor University and a Masters degree in Economics from the University of Alabama. Republican Sen. Mike Lees Twitter Account Briefly SuspendedAnd Its Not Clear Why, Saudi Investment Chief Ordered To Appear In Court As PGA-LIV Golf Legal Drama Heats Up, Netflix Announces Robert De Niro Limited Series Zero Day, The 10 Best Shows Added To Netflix In March 2023, 2023 Layoff Tracker: Alphabets Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say, OKC Thunder: Upcoming Six-Game Slate Will Dictate Direction Of Season, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [26][27][28] Norm Miller, a player-turned-front office man, recounted how McLane approached him about signing a document about pledging to perform with the highest of Christian principles (Miller left a year later). In nineteen seasons as owner, the Astros had a winning record in fourteen of them while reaching the postseason six times and overseeing the team move into a new stadium with Minute Maid Park in 2000. He was, until 1990, the CEO of the McLane Company, a grocery and food service warehouse, supply, and logistics firm, and was, from 1993 until 2011, the chairman and CEO of Major League Baseball's Houston Astros. One micro-fridge is included in each room. He and his wife, Elizabeth, reside in Temple, Texas. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. 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McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. [19] Crane made bids to buy a team in both 2009 (for the Chicago Cubs) and 2010 (for the Texas Rangers), but neither effort succeeded, with the latter bid reportedly being rejected due to the influence of McLane despite reportedly being a better deal than the accepted one. Through the years he had many offers to buy the company and never seriously considered any of the proposals. So I asked. It is within easy walking distance to academic buildings and the library. The grandson of a successful entrepreneur, Drayton experienced firsthand the hard work and dedication it takes to successfully thrive in industry. Dallas/Fort Worth Area. Schultz is slated to step down from his third run as CEO on April 1, amid an ongoing labor dispute between the company and hundreds of U.S. stores. Drayton McLane's house Maps / Drayton McLane's house Info Nearby (86) Like Tweet Google Maps Google Maps Bing Maps Birds Eye By neotrix @ 2008-09-12 01:02:16 @ 31.108589, -97.377207 Temple, Texas (TX), US The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. He joined MBNA America in 1997 and worked there until 1999. The Associated Press contributed to this report. Additionally, Denton worked for the international businesses of the McLane family in Portugal and Poland. He also mentioned the team's charitable contributions to the Houston community and the franchise's expanded presence in the Dominican Republic. During those years, McLane served as president of the Texas Wholesale Grocers Association (19701971) and chairman of the National American Wholesale Grocers Association (19861988).[3]. Erin Hare came to work for McLane Group in May 2004 as the Accounts Payable Specialist. Biography Stewardship: Fostering a sense of community and sustainability Home Tech Administrator 2021-04-16T14:41:13+00:00. During his tenure, he propelled the McLane Company into a $19 billion dollar company, achieving an average growth rate of 30 percent per year. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. With all the heartache and hard times that come with owning the Houston Astros, Drayton McLane also gets the best seat in the house. 1. Reportedly, he resigned due to being tired of McLane's influences on team management, where at one point McLane was believed to be jealous of Hunsicker getting credit for the success of the team, and Hunsicker even interviewed for the New York Mets job in 2003. There were many similarities between the two companies and their respectiveowners both were founded in small town America on strong dedication to customers and employees; both were committed to honesty, integrity, and high ethical standards. He is perhaps best known as the former owner of the Houston Astros, and for his company's long involvement with Walmart. So we're continuing to run the team. McLane devotes his time to McLane Group,[30] the family holding company for these corporations: McLane and his wife, Elizabeth, have two adult sons, Drayton III and Denton. A swoon late in the 1996 season had McLane see enough of Collins as manager, replacing him with broadcaster Larry Dierker. Are PSG better off without Neymar in big games? They were one of the first to computerize the distribution system, a key move in McLane Companys success. Drayton McLane's house (Bing Maps). 4001 Central Pointe Parkway After playing key roles in each of these companies growth and productivity, he resigned in order to devote more time to the McLane Group, a parent company consisting of family owned companies operating throughout the world, which until November of 2011 included the Houston Astros where he served as Chairman and CEO. "It's been a wonderful experience and a great ride.". Please enable it for the best experience. McLane emphasized Friday that he's in no rush to sell the team. Following the McLane Companys merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with the McLane Company. Feb 2014 - Present9 years 1 month. The Astros opened their home season not exactly ready to challenge for the championship. Denton also sits on the family investment committee and is involved with investment strategy. "We had gone along for 18 years, and how our family needs to look at it, we just need to do stronger strategic financial planning for the future.". The private bath is approximately 8' x 8' and has a shower and a large vanity. McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. They decidedthe dealwas a great growth opportunityfor the company and the employees. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. He earned his undergraduate degree at Baylor University in 1958 and his master of business administration degree in marketing at Michigan State University in 1959. As a non-profit ministry we are generously supported by the donations of a few leaders to advance the movement. Over the years, their philosophy remained consistent - bring home a World Series championship to Houston and make a positive difference in the community. The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. But theres even more to Draytons complete story. McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. Drayton McLane Jr. is an American billionaire businessman. Biography Mr. McLane is the Chairman of the McLane Group, overseeing a number of companies, and he also serves upon the boards of a number of other organizations. Their next six games are against Western Conference teams they'll be battling with for a postseason spot. Greenberg said the normal timeline for such a deal runs about six to 12 months. I talked to Jeff.". This year 50% of the Astros roster is brand new. Dave Campbell's Texas Football Magazine and Website. By the spring of 2009, the McLane family had brought "new life" to Michigan State University's baseball facility through a $4 million commitment to enhance one of the most pristine environments in all of intercollegiate athletics. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. He was born on July 22, 1936 in Cameron, Texas. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. McLane is a fixture at Astros home games, sitting in the front row behind home plate. The 2003 offseason brought the arrival of Roger Clemens and Andy Pettitte, each of whom played for three seasons, while longtime reliever Billy Wagner was traded to the Philadelphia Phillies reportedly due to his harsh comments about McLane. 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Following the McLane Company's merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with . 1, a loaded LPGA field and more to watch in golf this week, How to watch PGA Tour's Arnold Palmer Invitational on ESPN+, Disputed loan at center of Commanders probe, Everything you need to know about F1's 2023 season, F1 season preview: Who's hot and who's not, Breaking down the latest in 2024 football recruiting, from top commits to March visits, Oral history: When Barcelona, Real Madrid played four Clasicos in 18 days back in 2011, LIVE Transfer Talk: Gvardiol, Bellingham named Real Madrid's top transfer targets. Governor Abbotts Strike Force to Open Texas. "Of course," he replied. 2023 Forbes Media LLC. They are active members of First Baptist Church of Belton, where he is a deacon. Here are the best shows hitting Netflix this month. Features of the building include a computer lab, a large lobby with a pool table, laundry room where laundry can be done free of charge, vending machines, a meeting room, and two separate TV lounge areas. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. Approximate room dimensions are 15' x 14' (210 sq. He serves on several boards: United Way of Central Texas, Baylor Scott & White Central Texas Board, University of Mary Hardin Baylor Board of Regents, Robbins College-Baylor University, and Baylor College of Medicine Board of Trustees. The 1997 team, built on a payroll of $33 million that ranked 19th in the majors, finally broke through. He began developing his tireless work ethic at age nine by working for his father at the familys wholesale grocery business, the McLane Company. 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