Leo J. Hindery Jr. is a serial entrepreneur, fund manager, former public-company chairman and CEO, author, political activist and philanthropist.
Leo Hindery Jr. | |
|---|---|
 | |
| Born | October 31, 1947 Tacoma, Washington, U.S. |
| Occupation(s) | InterMedia Partners, Trine Acquisition Corp. |
| Known for | American businessman, Author, Political Activist and Philanthropist |
| Spouse(s) | Patti Wheeler, Wife |
| Children | Robin Hindery, Daughter, Journalist |
| Relatives | Deborah Bailey of Menlo Park, CA, mother of daughter Robin. |
Mr. Hindery served as chairman and CEO of Trine Acquisition Corp., a NYSE-listed SPAC which went public in March 2019 and went effective with its merger with Desktop Metal, Inc. (NYSE: DM) in early 2021,[1] and of a follow-on NYSE-listed SPAC under the Trine name that went public in the third quarter of 2021 and returned funds to its public investors in the second quarter of 2023.
In 1988, Hindery founded and ran as managing partner InterMedia Partners, a series of media industry investment funds. In November 1999, Hindery was named chairman and CEO of GlobalCenter Inc., a major Internet services company which fourteen months later merged into Exodus Communications, Inc.[2]
Following this merger, until October 2004, he was the founding chairman and CEO of The YES Network the regional television home of the New York Yankees, after which he reconstituted and ran InterMedia Partners until the founding of Trine.
In February 1997 he was named president and CEO of Tele-Communications, Inc. (TCI), then the world's largest cable television system operator. In March 1999, TCI merged into AT&T Corporation and Hindery became president and CEO of AT&T Broadband.
He is a member of the Council on Foreign Relations, and from 2003 through December 2007 was Senate-appointed vice chair of the HELP Commission formed by an Act of Congress to improve U.S. foreign assistance. He is a member of the Hall of Fame of the Minority Media & Telecommunications Council, co-chair of the Task Force on Jobs Creation and was the founder of Jobs First 2012.[3] He is a director of Hemisphere Media Group, Inc.[4]
Hindery is a member of the Cable Industry Hall of Fame, was formerly chairman of the National Cable Television Association and of C-SPAN, and has been recognized as one of the cable industry's "25 Most Influential Executives Over the Past 25 Years".[5]
He was co-founder along with Russian Federation Council Chairman Sergey Mironov of Transatlantic Partners Against AIDS (TPAA) and recipient of the Asia Society's Founders Award for his efforts in the international fight against AIDS, tuberculosis, and malaria. From 2005 through 2007, Hindery was Democrat-appointed vice chair of the Presidential & Congressional HELP Commission which made recommendations to Congress for the reform of U.S. foreign assistance.[citation needed]
Hindery has written two books: It Takes a CEO: It’s Time to Lead with Integrity[6] and The Biggest Game of All.[7]
Hindery now lives in Cornelius, North Carolina. He has an MBA from the Stanford Graduate School of Business, and a BA from Seattle University.[citation needed]
Politics
edit- In 2004, his name was floated as a possible successor to Terry McAuliffe as head of the Democratic National Committee.
- Hindery served as Senior Economic Policy Advisor for presidential candidate John Edwards from December 2006 until February 2008. In 2008 Hindery was an economic and trade advisor to then-presidential candidate Barack Obama, and in 2012 served as an economic policy surrogate for President Obama. On the withdrawal of Bill Richardson as nominee for Secretary of Commerce on January 4, 2009, it was suggested that he might be a suitable replacement.[8]
- Hindery endorsed Democratic candidate Hillary Clinton in the 2016 U.S. presidential election.[9]
Motorsport
editHindery was the chairman of Port Imperial Racing Associates, the organizer of the proposed Grand Prix of America Formula 1 race to be held at the Port Imperial Street Circuit in New Jersey, United States. The race was included in the Formula 1 calendar for 2013, 2014 and 2015 but was ultimately cancelled due to a lack of funding.[10]
A now-retired race car driver, Hindery's racing résumé includes a Class win at the 24 Hours of Le Mans (24 Heures du Mans) in 2005 and a Class second-place finish in 2003. He is a member of the NASCAR Winston West Hall of Fame.
24 Hours of Le Mans results
edit| Year | Team | Co-Drivers | Car | Class | Laps | Pos. | Class Pos. |
|---|---|---|---|---|---|---|---|
| 2002 | Orbit Racing | Peter Baron Anthony Kester |
Porsche 911 GT3-RS | GT | 165 | DNF | DNF |
| 2003 | Orbit Racing | Peter Baron Marc Lieb |
Porsche 911 GT3-RS | GT | 314 | 17th | 2nd |
| 2004 | Orbit Racing BAM! |
Marc Lieb Mike Rockenfeller |
Porsche 911 GT3-RS | GT | 223 | DNF | DNF |
| 2005 | Alex Job Racing BAM! Motorsport |
Marc Lieb Mike Rockenfeller |
Porsche 911 GT3-RSR | GT2 | 332 | 10th | 1st |
Awards
edit- He was inducted in the West Coast Stock Car Hall of Fame in 2021.
Books
edit- It Takes a CEO ISBN 0-7432-6985-3
- The Biggest Game of All ISBN 0-7432-2900-2.
References
edit- ^ "A Cable Legend Seeks a Big Acquisition: Should You Invest?". January 29, 2020.
- ^ Nikhil Deogun and Deborah Solomon, Staff Reporters of The Wall Street Journal (September 28, 2000). "Exodus Agrees to Acquire Unit Of Global Crossing for $6.5 Billion". The Wall Street Journal. Retrieved April 23, 2019.
- ^ "Mayor de Blasio Announces 'Jobs for New Yorkers'". The official website of the City of New York. May 20, 2014. Retrieved July 2, 2018.
- ^ www.grovenetworks.com, Grove Networks Inc. "Hemisphere TV". www.hemispheretv.com. Retrieved July 2, 2018.
- ^ "U.S. - China Economic Security Review Commission" (PDF).
- ^ It Takes a CEO. Simon and Schuster. July 2010. ISBN 9780743269865. Retrieved December 18, 2014.
- ^ The Biggest Game of All. Simon and Schuster. July 2007. ISBN 9780743229012. Retrieved December 18, 2014.
- ^ Steve Clemons. "Bill Richardson withdraws commerce bid -- time to call Leo Hindery". The Washington Note. Retrieved January 4, 2009.
- ^ Mandelbaum, R., More Business Leaders Sign On With Clinton, Forbes, September 23, 2016.
- ^ "New Jersey Grand Prix organizers in breach of contract says Ecclestone".
- ^ "Leo Hindery Jr". Motorsport Stats. Retrieved August 8, 2023.
- ^ "Leo Hindery". Automobile Club de l'Ouest. Retrieved August 8, 2023.