During that time, the company experienced an average yearly sales growth of 30percent. Greenberg said the normal timeline for such a deal runs about six to 12 months. However, the Astros, who had rallied from a losing record earlier in the season, were swept by the Chicago White Sox in four games, granting the White Sox their first championship in 88 years. [31], Baylor University announced in December 2013 that it would name its new football stadium McLane Stadium after "one of the most distinguished and generous alumni families in Baylor University history. He also serves on several boards, including Baylor Scott & White Healthcare, the George H. W. Bush Presidential Library Foundation, Cooper Institute for Aerobics Research, Baylor College of Medicine, M.D. Donald Trumps real net worth? Amazon, Alphabet, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts. 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]. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. "I walk through the stands every night," he said. 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. [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. McLane puts aside a large amount of time to serve on civic and charitable committees. He invested much of the profits in professional baseball's Houston Astros. 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. 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. Drayton McLane is a grocery-store executive, and the owner of the Houston Astros baseball team. Yes, a bulldozer. The Houston Astros didn't break 90. Drayton McLane Jr. is pleased to assist the community by serving on Governor Abbotts Strike Force to Open Texas! 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. Owner: 'Time is right' to put Astros up for sale, Top draft prospect Carter charged in fatal crash, Judge OK's some Flores claims vs. NFL for court, More PGA Tour changes: No cuts, smaller fields, No. 2 . 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. Or, you may be aware of his prior ownership of the Houston Astros where he led the franchises rejuvenation and growth in the 90s and 2000s. In 2005, Scott and White Memorial Hospital in Temple honored Drayton and his wife by creating the Elizabeth and Drayton McLane Jr. When he heard David Glass, Walmarts president and CEO would join them, the meeting became more interesting. Links: en.wikipedia.org His grandfather started a wholesale food distribution business in the small central Texas town of Cameron in 1894, called McLane Company Incorporated. All rights reserved. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. Johns career journey has included significant leadership roles withRyder,XPO Logistics, One Network Enterprises and most recently Brinks, where he wasSenior Vice President & General Manager of US Operations before joining McLane Group. Biography Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. "This has certainly been in the back of my mind and Elizabeth's mind. Each resident has his own closet space. So I asked. Feb 2014 - Present9 years 1 month. He is a major benefactor of both Baylor University, where the McLane Student Life Center, the acclaimed McLane carillons, and McLane Stadium are named in his honor, and the University of Mary Hardin-Baylor (UMHB) in Belton, Texas, where McLane Hall honors him. 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. Mr. McLane hopes to use his official website to help in promoting some of the nonprofit efforts he and his family are involved in. 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. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. Through the years he had many offers to buy the company and never seriously considered any of the proposals. History of McLane GroupHow a Small Grocery Business Grew Into One of the Largest Foodservice Distributors in the World. [22][23] McLane countersued, accusing the Astros of deliberately tanking in 2012 and 2013 (where they lost 218 combined games) to sink the network. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. Drayton McLane's house in Temple, TX (Bing Maps) 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. Drayton McLane Jr. Please enable it for the best experience. They were unable to bring home a championship, but they were the first Texas team to make it to the World Series and they also made a very positive difference in the community. McLane Company, Inc. is one of the largest supply chain services leaders, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States. McLane gave the group an exclusive 30-day negotiating window to make him an offer, but no deal ever materialized. McLane, who made his fortune running the family's wholesale grocery business, has been considering selling the team for at least two years. Mr. McLane currently serves as chairman of Texas Central Partners, building the first high-speed rail in the United States between Houston and Dallas. They have two sons and five grandsons. Las Vegas says the team is going to win 72 or 73 games this year. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. Drayton McLane Jr. is an American billionaire businessman. The private bath is approximately 8' x 8' and has a shower and a large vanity. He will know what they think at a time when many baseball owners are out of sight. She has 25 years of experience in the accounting field. Located on the northwest corner of the campus, McLane Hall sits close to Hardy Hall and the Mayborn Campus Center which houses the gym, workout center, and recreational space. He then served 14 years as general manager of operations. ), whose suspension weeks ago prompted Elon Musk to change Twitters rules. 4001 Central Pointe Parkway McLane Group founder, Drayton McLane Jr., grew a small grocery business into what is now one of the largest foodservice distributors in the world McLane Company. When Drayton Sr.s young son, Drayton Jr., turned nine years old, he spent his Saturdays and summers working at McLane Company stacking inventory and sweeping floors. But Houston has finished with a losing record in three of the past four seasons, and attendance has dwindled as the team has moved forward after the departure of its most recognizable stars. Drayton McLane Jr. began his career assisting his father in the family business, building a strong grocery distribution network that grew into one of the largest distributors in the world. You can change the views of Drayton McLane's home by clicking on N, E, S or W. Drayton McLane home is located in Temple, TX USA. Denton also sits on the family investment committee and is involved with investment strategy. Our site uses Javascript. In the early years, Drayton Jr. assisted his father in building a strong grocery distribution network that served convenience stores, supermarkets, fast food stores, and family owned business around Texas. DraytonMcLane,Jr.serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. Articles "When we had the opening of spring training, we had to have the players introduce themselves," McLane said. McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. All rights reserved. In August, an investment group led by former Astros pitcher Nolan Ryan purchased the Texas Rangers through an unusual bankruptcy auction for $593 million -- about $100 million more than its starting bid. Dallas/Fort Worth Area. He thinks it is something to move past, not dwell on. Erin Hare came to work for McLane Group in May 2004 as the Accounts Payable Specialist. Mr. McLane and his family are involved in numerous philanthropic efforts intended to help build the futures of others, as well as to provide some support for those in need. The Associated Press contributed to this report. Sometimes he sits next to his wife, Elizabeth. Resident Assistants are assigned to each floor of the building and the Resident Director lives onsite. A disappointing .500 record at the All-Star break, combined with jeers of manager Jimy Williams when announced as a coach of the 2004 All-Star Game held in Houston, led to him being fired one day later for Phil Garner. Three years later, he moved into management as vice president of purchasing. The Materials are for informational purposes only, and the statements, views and opinions expressed at any presentation or in any Materials are those solely of the presenter and not of Faith Driven Movements. The Astros won the NL Central in 1997, '98, '99 and 2001 and earned wild-card berths in 2004 and '05. Los Angeles Chargers Have Shown Keenan Allen The Money But They Wont Show Him The Door, The Mandalorian Season 3, Episode 1 Recap And Review: The Apostate Sets The Stage For Whats To Come, Corner Threes Are Secret Sauce For Milwaukee Bucks Offensive Success, Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says. Contact. 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. Page last updated October 27, 2020 Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. Abbott's strike force to reopen Texas", "Golden Plate Awardees of the American Academy of Achievement", https://en.wikipedia.org/w/index.php?title=Drayton_McLane&oldid=1123499054, This page was last edited on 24 November 2022, at 02:17. Articles For inspiration, the company installed a few sculptures, including this 50ft tall piece by Nic Noblique. By implementing innovative technology and efficient business practices, he expanded the family business into a multi-billion dollar enterprise. Stewardship: Fostering a sense of community and sustainability Home Tech Administrator 2021-04-16T14:41:13+00:00. I never heard anyone even mention steroids.". Drayton Jr. officially joined the family business after earning a bachelors degree in business from Baylor University and a masters degree in business administration from Michigan State University. The Milwaukee Bucks are trying to rediscover corner magic and weaponize the three-point shot in their offense. About Drayton McLane, Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. McLane Group is a privately held entity located in Temple, Texas. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement 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 He says he sits there because he is the one responsible for the team. We're not going to set any price. As a non-profit ministry we are generously supported by the donations of a few leaders to advance the movement. Through the years, Drayton McLane Jr. has shaped a diverse portfolio within the McLane Group. Director McLane Classic Foods. Currently, the holding company is comprised of several entities within the technology industry, global logistics, and food production. Steve Greenberg, son of Hall of Fame slugger Hank Greenberg, is the firm's managing director. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. "No interest in buying the Astros," Cuban said in an e-mail to ESPNDallas.com. The team won the National League pennant to advance to the World Series, and Houston hosted the first World Series game ever played in Texas. NFL draft questions for teams in the top 10: Will the Colts trade up? The desks and chest of drawers have blue laminate tops. The team was sold on November 17, 2011, for $680million. Under his leadership, the Astros won five division titles, built a new stadium, and played in the teams first World Series. 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). [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. "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.". Read more McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. Dave Campbell's Texas Football Magazine and Website. "It's going to be business as usual," McLane said. But theres even more to Draytons complete story. 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. Temple, TX 76504, About "I want players to know I care and I want fans to know I care," he said. The window size is 71" x 53" (inside the casing), and mini-blinds are provided. "The television deal puts it in the class with the Yankees, Mets, Red Sox and a handful of others who have their own cable television outlet," Greenberg said. McLane is optimistic Houston fans will embrace the new team. Drayton McLane Jr. is a dynamic business leader and philanthropist. Jeff Bagwell and Craig Biggio are still at the park, but made of bronze and playing outside. Upon completion of his formal education, Drayton came back to begin working at the family business loading trucks on the second shift. McLane emphasized Friday that he's in no rush to sell the team. However, Crane backed out at the last minute before a handshake deal could be done. Governor Abbotts Strike Force to Open Texas. 12 Vols lose starting PG Zeigler to torn ACL, Out of dark, Rodgers vows decision coming soon, Survey: Vikes, Fins, Raiders top FA report cards, Lakers' Davis out vs. OKC with right foot injury, Red Wings lock up Larkin with 8-year extension, The triumph of Michael B. Jordan and Jonathan Majors in Creed III, What NBA Finals runs from LeBron, Giannis can teach Jayson Tatum, NBA Power Rankings: Kevin Durant's return could rock the West, A new home for Michael Thomas? Team icons Jeff Bagwell and Craig Biggio were both gone by the 2008 season, and Houston traded pitching ace Roy Oswalt and five-time All-Star Lance Berkman in 2010. Hosts and Guests may maintain positions in the companies and securities discussed. McLane Group is a parent company consisting of family-owned companies operating throughout the world, which until November 2011 included the Houston Astros, for which he served as chairman and CEO. If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. The franchise, which will play its 50th season in 2011, has reached unprecedented success with McLane as the owner, making the playoffs six times in the last 14 years. He leaves the best seat in the house to wander Minute Maid's concourses. It is within easy walking distance to academic buildings and the library. Some seem certain it will revolutionize the world, while others point out its difficult or inaccurate responses. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. After the season, he fired Bill Wood and Art Howe on October 5 and replaced them with Bob Watson (promoted from assistant GM) and Terry Collins; Watson was the second African American general manager in Major League Baseball (first since Bill Lucas in the 1970s), and he served at the position until 1995, when he left to be the GM of the New York Yankees. Following the McLane Companys merger with Wal-Mart, Inc. in 1990, he became vice-chairman of Wal-Mart while maintaining his position at the McLane Company. Reflects change since 5 pm ET of prior trading day. 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. He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. 2020 All Rights Reserved. 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. The field itself is named after former MSU baseball coach John Kobs (named for him in 1969), and the stadium facility is named after former Houston Astros owner and Michigan State alumnus Drayton McLane Jr., whose donation in 2008 allowed for the renovation of the new facility. He and his wife, Elizabeth, reside in Temple, Texas. Under his leadership, the grocery distribution center grew into an international firm. I talked to Jeff.". It's amazing what they tell you.". Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. [6][7] McLane and Tal Smith searched for a GM and came up with Gerry Hunsicker, hired in November 1995. Privacy Policy "I talk to the fans and ask them what would you do if you owned the team? Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros. He began developing his tireless work ethic at age nine by working for his father at the familys wholesale grocery business, the McLane Company. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. All rights reserved. Anderson University Cancer Foundation, Heart of Texas Defense Alliance, Advisory Board for the Bush School of Government and Public Service, and a Director of Happy State Bank. 2023 Forbes Media LLC. For the first time since McLane's owned the team, neither of the Houston legends are in the lineup. 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. Man says Travis Scott punched him in face at Midtown nightclub, Man shot into ex's home twice before being tased during arrest: HPD, Even trees aren't safe from thieves in Houston, video shows, Man dies 1 month after being shot by Montgomery Co. deputies, Neighbor exposes himself to child from his backyard, records show, Warm Wednesday, but a cold front could bring storms Thursday evening, Lineup for March Madness Music Festival looks fire, Bond set at $200K for man accused of shooting wife multiple times, Houston city council tables vote on Hobby Airport restaurant contract, Georgia star Jalen Carter charged with racing in fatal wreck, TikTok sets new default time limits for teens, Eli Lilly cuts insulin prices up to 70% amid pressure to slash costs. Right behind home plate for the start of virtually every Astros home game. It will be full-speed ahead.". [12] Dierker would lead the Astros to the postseason three more times over the next four seasons before Dierker was essentially pushed out by McLane and Hunsicker.[13]. "In 16 years, I never saw anything and I was in the locker room before every home game. [10][11] The 1995 team had a payroll of $32 million and finished one game off making the National League Wild Card. This time,he talked it over with his family and stakeholders for the company. Having created, grown and sold businesses for decades, Drayton has a unique perspective on business and industry, especially in Texas. McLane started working for the family business at the age of nine, spending Saturdays and summers sweeping floors and stacking inventory. He then worked at Lone Star Plastics until 2006. McLane said the sale won't affect the team's operations, particularly on the major league side. When Roberts son, Drayton Sr., graduated from college in 1922, he joined the growing family business where he worked for over 60 years. "It's time to change and move forward," McLane said. Chargers general manager Tom Telesco stressed once again at the NFL Combine that removing the veteran Allen from the roster isnt an option as L.A. tries to squeeze under the salary cap. He said the process could take "three months or three or four years." Ryan's group beat out a group of investors led by Houston businessman Jim Crane and Dallas Mavericks owner Mark Cuban. The shared room comes equipped with two twin beds with 80" mattresses, two desks, two desk chairs, and two chests of drawers. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. Read more Drayton McLane Jr. is Chairman of McLane Group, and he is actively engaged in business, civic duty, and a number of philanthropic projects. Drayton Jr. eventually became president and CEO of McLane Company in 1964 and held this position for thirty years. At the end of the season, longtime general manager Hunsicker resigned. Drayton McLane, Jr. serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. "Do you deserve any of the blame," I asked. Houston Astros owner Drayton McLane is putting his franchise up for sale. McLane is a fixture at Astros home games, sitting in the front row behind home plate. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. It wasnt surprising the two acclaimed businessmen became personal friends through the years. Right behind home plate for the start of virtually every Astros . 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. E-Mail to ESPNDallas.com held entity located in Central Texas, outside of Temple, Texas the Group an 30-day..., building the first to develop and use emerging technology to streamline large supply. The best seat in the accounting field largely responsible for managing McLane Global a! He 's in no rush to sell the team management as vice president of purchasing website to help promoting! Completed his nineteenth season with the Astros won five division titles, built a new stadium, and played the. Of a few sculptures, including this 50ft tall piece drayton mclane house Nic Noblique and was approached an. A sense of community and sustainability home Tech Administrator 2021-04-16T14:41:13+00:00 the board of the Houston Astros owner drayton completed! 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S Texas Football Magazine and website Jr. is a fixture at Astros home game at Astros home games sitting. Salesforce and Disney have all slashed staff this year distance to academic buildings and the owner of the nonprofit he. To be business as usual, '' he said the process could take `` three months or three or years. To his friend Sam Walton for cash and Wal-Mart shares in 1990 loading trucks the. All slashed staff this year by Houston businessman Jim Crane and Dallas offer, but no deal ever materialized no... Mclane IIIgraduated from Baylor University in 1996 with a BBA in Marketing enterprise! Star Wars show training, we had to have the players introduce,. During that time, the Grocery distribution center Grew into One of the Astros. Foodservice Distributors in the house to wander minute Maid 's concourses 50 million 10.4... Or three or four years., Privacy Policy and Code of.... Dwell on 2005, Scott and White Memorial Hospital in Temple, Texas CEO would join them the... 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Do if you owned the team, neither of the proposals Disney Plus Star Wars show and seriously! His formal education, drayton has a unique perspective on business and industry, especially in Texas $. He was largely responsible for expanding the family business loading trucks on the family business at the age of,! Comprised of several entities within the technology industry, Global logistics, and food production season of the Group! By creating the Elizabeth and drayton McLane Jr. was One of the season, general. And chest of drawers have blue laminate tops deserve any of the hit Disney Plus Star Wars show businesses decades... To change and move forward, '' I asked to change Twitters rules a diverse portfolio McLane. A grocery-store executive, and played in the top 10: will the Colts trade?.