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Mark Attanasio

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Mark Attanasio
Attanasio in April 2012
Born (1957-09-29) September 29, 1957 (age 67)
New York City, U.S.
OccupationBusinessman
SpouseDeborah Kaplan
Children2
RelativesPaul Attanasio (brother)
Annabelle Attanasio (niece)

Mark L. Attanasio (born September 29, 1957) is an American businessman who is currently the principal owner of the Milwaukee Brewers baseball team and the majority shareholder of English football club Norwich City FC. As of 2023, he is worth an estimated $700 million.[1]

Early life

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Mark L. Attanasio was born in the Bronx borough of New York City on September 29, 1957, the son of real estate broker Connie and commercial consultant Joseph Attanasio.[2] His great-grandparents were Italian immigrants from Positano.[2] His younger brother, Paul Attanasio, is a screenwriter and producer; Paul's daughter, Annabelle Attanasio, is an actress and filmmaker.[3] Attanasio grew up in Tenafly, New Jersey, where he attended high school.[4] He graduated from Brown University with a BA in 1979 and received his JD from Columbia Law School in 1982.[5]

Career

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Finance

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Attanasio co-founded and served as a senior executive at the Los Angeles alternative investment firm Crescent Capital Group in 1991, which was later bought by Trust Company of the West in 1995.[6][7] In 2001, he joined the board of directors at the telecommunications firm Global Crossing, which filed for bankruptcy in January 2002.[8] He resigned his position on the board shortly thereafter.[9]

Milwaukee Brewers

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Attanasio presenting a 2011 Silver Slugger Award to Ryan Braun

In September 2004, Attanasio reached a deal on behalf of an investment group to purchase the Milwaukee Brewers from MLB commissioner Bud Selig's family for an estimated $223 million.[10] The deal was approved by MLB in 2005.[11][12]

In 2023, the Brewers reached an agreement with Wisconsin lawmakers for taxpayers to subsidize renovations of the Brewers' stadium American Family Field for around $500 million.[13] In the lead-up to the agreement, Brewers officials threatened to leave Milwaukee unless the team received taxpayer money.[14]

Norwich City

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In August 2022, it was announced that Attanasio would become a director of English football team Norwich City, which he called his proudest achievement.[15][16] It was later reported that he would be purchasing an 18% stake in the club from Michael Foulger under the business group Norfolk Holdings.[17] In April 2024, Attanasio’s stake in the club was increased to 40.4% following EFL ratification, making him one of the joint majority shareholders alongside Delia Smith and Michael Wynn-Jones.[15]

On 23 October 2024, Attanasio & Norfolk Holdings became the sole majority shareholders of the club, after the clubs other shareholders approved a deal that saw their stake in the club increase to 85% and decrease Smith & Wynn-Jones stake to 10%. As part of the deal, Attanasio appointed businessman Richard Ressler to the board as a club director, while Smith & Wynn-Jones agreed to step down from their roles as club directors to become honorary life presidents.[18]

Other work

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Along with Brewers assistant general manager Gord Ash and former Brewers pitcher Ben Sheets, Attanasio is also a part-owner of the American Hockey League's Milwaukee Admirals.[19]

He was a major sponsor of the widely acclaimed Andy Warhol exhibition at the Milwaukee Art Museum.[20]

He is also on the board of directors for LA28.

Personal life

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Attanasio is married to Deborah Kaplan, with whom he has two sons named Dan and Mike.[21]

See also

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References

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  1. ^ "Wisconsin state Senate approves downsized Milwaukee Brewers stadium repair bill". AP News. November 14, 2023.
  2. ^ a b Baldassaro, Lawrence (March 1, 2011). Beyond DiMaggio: Italian Americans in Baseball. U of Nebraska Press. ISBN 978-0-8032-1705-8.
  3. ^ Tyler Kepner, "Owner Goes All In on the Brewers", The New York Times, September 30, 2011, retrieved September 4, 2013.
  4. ^ Walker, Don. "Brewers' owner Attanasio ready for his rookie season: Long love of game, business experience have prepared him for new role" Archived July 1, 2011, at the Wayback Machine, Milwaukee Journal Sentinel, April 4, 2005. Accessed September 4, 2008. "Born in the Bronx, Attanasio and his family moved when he was young to a split-level suburban home in Tenafly, N.J., where Attanasio graduated from high school."
  5. ^ "5 things to know about new Brewers GM Stearns". Press Gazette Media. Retrieved April 4, 2016.
  6. ^ Petruno, Tom (July 28, 2010). "TCW agrees to split off Crescent Capital Group". Los Angeles Times. ISSN 0458-3035. Retrieved April 4, 2016.
  7. ^ "History". www.crescentcap.com. Retrieved April 4, 2016.
  8. ^ Romero, Simon; Fabrikant, Geraldine (February 23, 2002). "Another Twist at Global as Chairman Quits a Board". The New York Times. ISSN 0362-4331. Retrieved April 4, 2016.
  9. ^ Service, George A. Chidi Jr., IDG News. "Bankrupt Global Crossing issues Q4 warning". Computerworld. Retrieved April 4, 2016.{{cite web}}: CS1 maint: multiple names: authors list (link)
  10. ^ "Brewers have doubled in value since Attanasio bought them". www.jsonline.com. Retrieved April 4, 2016.
  11. ^ "Owners approve sale of Brewers for $223M". ESPN.com. Retrieved April 4, 2016.
  12. ^ Vrana, Debora (October 4, 2004). "Owning His Dream Team". Los Angeles Times. ISSN 0458-3035. Retrieved April 4, 2016.
  13. ^ "Wisconsin state Senate approves downsized Milwaukee Brewers stadium repair bill". AP News. November 14, 2023.
  14. ^ "Will Milwaukee Brewers look to relocate if state stadium financing package fails?". Milwaukee Journal Sentinel.
  15. ^ a b "Mark Attanasio's Norfolk FB Holdings become joint majority shareholders at Norwich City". BBC Sport. April 24, 2024.
  16. ^ "Club issue notice of general meeting to shareholders". Norwich City. Retrieved March 24, 2023.
  17. ^ "Norwich City set to appoint Milwaukee Brewers owner Mark Attanasio to club board". The Athletic. Retrieved August 19, 2022.
  18. ^ "Club Statement - October 23, 2024". Norwich City F.C. October 23, 2024.
  19. ^ "Milwaukee Admirals to be sold to new ownership group – Milwaukee – Milwaukee Business Journal". Milwaukee Business Journal. Retrieved April 4, 2016.
  20. ^ "Milwaukee Art Museum: Warhol". Milwaukee Art Museum. Retrieved April 4, 2016.
  21. ^ VALLEJOS, TAMARA. "Attanasio's son steps up to plate". www.jsonline.com. Archived from the original on May 18, 2013. Retrieved April 4, 2016.
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Business positions
Preceded by Owner of the Milwaukee Brewers franchise
2004–present 		Incumbent
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