John W. Stanton Explained

John W. Stanton
Spouse:Theresa Gillespie
Alma Mater:Whitman College (B.A.)
Harvard Business School (M.B.A.)

John W. Stanton is an American businessman. He is the chairman of the board of Trilogy International Partners, as well as the majority owner of the Seattle Mariners of Major League Baseball (MLB).[1] [2]

Early life and education

Stanton was born in 1955.[3] A lifelong resident of the Seattle area, John Stanton went to Newport High School in Bellevue, Washington. He earned his undergraduate degree in Whitman College in Walla Walla, Washington. He earned an MBA from Harvard Business School.

Career

Founding wireless companies

Stanton was the founder and former CEO of Western Wireless Corporation, former chairman and CEO of VoiceStream Wireless, and former chairman of the CTIA.[4] [5]

He became the first employee of McCaw Cellular Communications in the early 1980s.[6] He was COO and vice chairman of McCaw Cellular in the 1980s.

After he left McCaw he founded the company that became Western Wireless Corp in 1992.[6] From 1992 to 2005, he was at Western Wireless Corp. as CEO and chairman. He was the founder of Voicestream Wireless Corp.[6] Between 1995 and 2003, VoiceStream Wireless had him as chairman and CEO as well, with that company renamed T-Mobile USA after an acquisition.In 2004, Stanton was inducted into the Wireless Hall of Fame for his devotion to the industry.[7] From 2008 until 2013 he was director and then chairman of Clearwire Corp.

Trilogy International

In 2005, he, Strive Masiyiwa, Bradley Horwitz, and others formed Trilogy International Partners.[8] [9] [10] At the start, Stanton had a $295 million equity stake in Trilogy.[9] In 2006, his net worth was $1 billion.[11] Stanton was listed as #840 in the Forbes 2007 "Richest People" study. His net worth was estimated at US$1.1 billion.[5]

By 2014, he had held executive roles at McCaw Cellular, Western Wireless and VoiceStream Wireless. He had also previously been chairman of Clearwire.

Stanton joined Microsoft's board of directors in July 2014.[12] [13] [14] He joined the Compensation Committee of the board.[12] He was also a director at Columbia Sportswear.[12]

Around 2016, he joined the board of Costco.[6] As of August 2016, Stanton was reported to own approximately US$45 million of stock holdings in Columbia Sportswear, General Communication Inc. and other companies.[15]

He is a past chairman of the board of trustees of Whitman College.[5] [16] In 2018, Whitman College elected to name a newly constructed residence hall after Stanton, who had graduated in 1977.[17]

He is still a member of Trilogy International Partners with Theresa Gillespie and Brad Horwitz. It trades on the Toronto Stock Exchange.[1] He is also chairman of Trilogy Equity and co-founder of Trilogy Search Partners.[18]

Seattle Mariners

As one of 17 minority owners in the team, in April 2016, Stanton was appointed as the new CEO of the Seattle Mariners organization after Nintendo sold its majority stake for $661 million.[19] [20] Major League Baseball formally approved the sale of the Mariners to Stanton in August of that year.[21] Stanton took over as control person from retiring chairman Howard Lincoln.[21] Stanton became responsible for the Seattle Mariners day-to-day operations.[22] In 2019, the team had few wins, with Stanton arguing the metric to look at was player success within a long term plan.[23]

Boards

In 2014, he had chaired or co-chaired the Business Partnership for Early Learning, the United Way of King County campaign, the Washington Roundtable, and the Regional Transportation Commission.[12]

Personal life

He resides in Bellevue, Washington[16] with his wife Theresa Gillespie. They have two sons.[12]

Notes and References

  1. http://www.trilogy-international.com/founders-and-senior-management-team/
  2. News: Profile . Yahoo . September 22, 2014 .
  3. News: Soper . Taylor . July 20, 2020. Mariners owner and wireless industry vet John Stanton on T-Mobile/Sprint, future of retail, more . Geekwire .
  4. Web site: Western Wireless Corporate Officers. https://web.archive.org/web/20050306001935/http://www.wwireless.com/Default.asp?pid=12&xdir=AB. March 6, 2005.
  5. News: The World's Billionaires — John Stanton. Forbes. March 8, 2007. 2012-02-27.
  6. News: Stewart . Ashley . April 27, 2016. New Mariners CEO John Stanton is a 'shrewd and tough negotiator' who loves Seattle . .
  7. News: Wireless History Foundation . John W. Stanton. March 19, 2024. WHF Hall of Fame. 2010.
  8. News: Strive Masiyiwa Zimbabwe Businessman. April 23, 2017. Zimbabwe Today. September 17, 2018.
  9. News: Telecom company Trilogy coming to Canada in Alignvest deal. November 1, 2016. The Globe and Mail. Willis. Andrew. September 17, 2018.
  10. Web site: Bradley Jay Horwitz. Bloomberg. September 17, 2018.
  11. News: #746 John Stanton . .
  12. News: Cook . John . July 30, 2014. Wireless pioneer John Stanton named to Microsoft board in latest bid by software giant to gain ground in mobile . Geekwire . December 5, 2020 .
  13. https://www.bloomberg.com/news/2014-07-30/microsoft-names-former-wireless-executive-john-stanton-to-board.html Profile
  14. http://articles.economictimes.indiatimes.com/2014-07-31/news/52285002_1_microsoft-ceo-satya-nadella-handset-business-mason-morfit Profile
  15. Web site: JOHN W STANTON Insider Trading Overview. www.insidermole.com. 2016-08-11.
  16. Web site: Trustees. 2015-09-21. Whitman College.
  17. News: May 9, 2018. New Whitman College residence hall named for Seattle Mariners' Chair John Stanton '77 . Whitman College . December 6, 2020 .
  18. News: John Stanton . Trilogy Equity .
  19. News: Johns. Greg. Nintendo selling Mariners to minority owners. Seattle Mariners. April 27, 2016. June 16, 2016. April 23, 2017. https://web.archive.org/web/20170423104652/http://m.mariners.mlb.com/news/article/174893796/nintendo-selling-mariners-to-minority-owners/. dead.
  20. News: Baker. Geoff. CEO Howard Lincoln leaving Mariners with 'a few regrets'. The Seattle Times. April 27, 2016. June 16, 2016.
  21. News: August 18, 2016. MLB approves sale of Seattle Mariners, Stanton to take over . . December 5, 2020 .
  22. News: Soper . Taylor . April 27, 2016. Meet John Stanton: What you need to know about the new Mariners CEO . Geekwire . December 5, 2020.
  23. News: Divish . Ryan . June 25, 2019. Mariners owner John Stanton's view on the team's 'step-back' plan: Optimistic yet frustrated . . December 6, 2020 .