Monumental Sports & Entertainment owns and operates three professional sports teams: the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics. Monumental, which merged Lincoln Holdings and Washington Sports and Entertainment on June 10, 2010, also owns and operates Verizon Center, the premier sports and entertainment venue in Washington, D.C. Additionally, the group controls the local Ticketmaster franchise and operates Kettler Capitals Iceplex, the Capitals’ state-of-the-art training facility in Arlington, Va., and George Mason University’s Patriot Center, located in Fairfax, Va.
Monumental Sports & Entertainment operates in the nation’s fifth-biggest media market and is one of the largest integrated sports and entertainment companies in the country with one of the most diverse partnership groups in all of sports.
Ted Leonsis - Majority Owner, Chairman and Chief Executive Officer
Ted Leonsis is the founder, chairman and majority owner of Monumental Sports & Entertainment, which comprises three professional sports teams – the Washington Capitals (NHL), the Washington Wizards (NBA) and the Washington Mystics (WNBA) – as well as Verizon Center and the Baltimore-Washington Ticketmaster franchise. The company also operates Kettler Capitals Iceplex (the Capitals training facility and front office) and George Mason University’s Patriot Center.
Leonsis retired from active management of AOL in 2006, where during the previous 13 years he held a number of senior positions, including vice chairman and president. Since his retirement from active management at AOL, Leonsis retains the position of vice chairman emeritus. At a May 2010 ceremony celebrating AOL’s 25th anniversary, one of the buildings on AOL’s Virginia campus was renamed the Leonsis Creative Center in his honor.
Dick Patrick - Vice Chairman and Chief Operating Officer, President Washington Capitals
Dick Patrick, along with Ted Leonsis, is one of the original partners in the group that became Monumental Sports & Entertainment. As the vice chairman and chief operating officer, Patrick assists Leonsis in all facets of owning three professional sports franchises – Washington Capitals, Washington Wizards and the Washington Mystics – and the management and operation of Verizon Center. Patrick has assumed responsibility for upgrading and improving the arena, which has seen changes designed to enhance the overall fan experience.
A mainstay for the Washington Capitals’ franchise for more than two decades, the owner, president and alternate governor continues to lead the club with his tireless effort and intense desire to continue a family tradition – engraving the Patrick name onto the Stanley Cup.
Patrick, who joined the Capitals prior to the 1982-83 season, guides the team on a daily basis. The former chairman of the NHL Finance Committee, Patrick has been instrumental in the Capitals’ long-term success as a franchise both on and off the ice. Patrick was a leader in the conception and development of the Kettler Capitals Iceplex, the team’s state-of-the-art training center and office building that opened in 2006 in Arlington, Va.
Raul Fernandez - Vice Chairman
Raul Fernandez is the chairman of ObjectVideo, a private technology company that develops video analytics software for automated security surveillance. He is also a special advisor to General Atlantic Partners, a growth equity firm with over $17 billion under management. Fernandez founded Proxicom, an internet services company he started in 1991 with $40,000 in savings. After taking Proxicom public in 1999 and growing his business to more than $200 million in revenue, he sold it to Dimension Data in 2001. Fernandez also serves on the board of Liz Claiborne; TROW, a Toronto-based engineering and consulting firm; ValueOptions, the nation’s largest independent behavioral healthcare company and Network Solutions, the leader in web-based domain name and related services.
Fernandez, a native Washingtonian, is an active philanthropist in D.C. regional non-profits, focusing his energy primarily on educational reform. In 2000, he co-founded Venture Philanthropy Partners, a philanthropic investment organization based in Washington, D.C. Fernandez sits on various non-profit boards, including America’s Promise, the D.C. College Access Program (DCCAP), the D.C. Public Education Fund and the Fernandez Foundation. He holds a bachelor’s degree in economics from the University of Maryland.
Sheila C. Johnson - Vice Chairman, President and Managing Partner, Washington Mystics
Sheila C. Johnson, a successful entrepreneur and impassioned philanthropist, is CEO of Salamander Hospitality, LLC, overseeing a growing portfolio of luxury properties including The Woodlands Resort & Inn in Summerville, S.C., Innisbrook Resort & Golf Club in Innisbrook, Fla., and Salamander Resort & Spa in the foothills of the Blue Ridge Mountains in Middleburg, Va., which is poised to become one of the most unique retreats in the world when it opens in early 2011. Johnson is president and managing partner of the WNBA’s Washington Mystics. She has long been a powerful influence in the entertainment industry as a founding partner of Black Entertainment Television (BET) and most recently as a film producer. Her film A Powerful Noise premiered at the 2008 Tribeca Film Festival in New York. On March 5, 2009 A Powerful Noise premiered in more than 450 theatres throughout the country to celebrate International Women’s Day.
In 2006 Johnson was named global ambassador for CARE, a leading humanitarian organization fighting global poverty by empowering women because they have the unique power to help entire communities escape poverty. “Sheila’s I Am Powerful Challenge” was instrumental in helping raise funds for CARE’s important work. Johnson is also a member of the Council on Foreign Relations. An avid supporter of the arts and an accomplished violinist, Johnson dedicates her time to organizations that create opportunities for children to express and explore their creativity. She serves as chair of the Board of Governors of Parsons The New School for Design in New York and sits on the boards of VH1’s Save the Music Foundation, Americans for the Arts, the Jackie Robinson Foundation, and the University of Illinois Foundation.
Monumental Sports & Entertainment Partners
Scott Brickman is CEO of The Brickman Group, the largest commercial landscape maintenance firm in the U.S. The company, which has more than 10,000 employees and more than 170 company-owned and operated branches serving 30 states, provides quality commercial landscape services to thousands of office parks, hotels, cemeteries, healthcare facilities, retail centers, homeowners associations and schools around the country. Joining the company in 1986, Brickman progressively advanced to oversee operations in their Northeast, Mid-Atlantic and Southeast division before being named CEO in 1998 at the age of 35.
Outside the company, Brickman has served as a board member and in an advisory capacity to many organizations, including KellerMeyer Building Services, ICON, Sequel Health Services and Kratos Global Strategies. He and his company have been the recipient of numerous awards, including Ernst and Young’s Entrepreneur of the Year Award. The Brickman Group was recognized with the Society of Financial Professionals’ National Capital Business Ethics Award. Brickman and his wife, Patrice, are involved in many philanthropic causes, including Neediest Kids and Visible Men, where Brickman sits on the Board, the National Center for Women and Children, Stepping Stones Shelter, the Barbara Bush Foundation Celebration of Reading and the Cystic Fibrosis Foundation.
Albert H. Cohen
Albert H. Cohen is a renowned local businessman, builder and investor. He is the former president of Frederick Construction Co. Inc., which built many local industrial and commercial facilities, schools in Prince George’s, Montgomery and Frederick counties, the first wing to Frederick Memorial Hospital and Coblentz Memorial Hall at Hood College in Frederick, Md. Cohen served admirably as a captain in the U.S. Army’s 90th Infantry Corps of Engineers in World War II and was presented with a Purple Heart, a Silver Star and a Bronze Star. After serving his country, he earned a bachelor of science degree in architectural engineering from Virginia Polytechnic Institute and State University in 1946.
Cohen, a native of Frederick, Md., served on the Hood College Board of Trustees from 1983-1995 and was named trustee emeritus upon his retirement. He was recognized with an honorary doctorate of humane letters in 2006. In 2009 Cohen and his late wife, Etta, were inducted into the Hood College Hall of Fame for their dedicated commitment to Hood College athletics.
Neil D. Cohen
Neil D. Cohen is the president and chief executive officer of District Photo Inc., which is the largest direct-to-consumer digital print, variable data printer and gift fulfillment service in the world. Cohen started with the company in 1976 and has been president and CEO since 1989. The company, which has facilities in Beltsville, Md., Chambersburg, Pa., Phoenix and Newton Abbott in the United Kingdom, provides services to most major on-line providers, major retailers and to its company-owned brands. Prior to the digital revolution, District Photo was the largest independent mail order and wholesale photo film processor in the United States and the United Kingdom.
Cohen, a native of Washington, D.C., is the past president of the Photo Marketing Association International. He is also involved in numerous business groups including the World Presidents’ Organization. He is involved in a wide range of philanthropic organizations serving children’s needs, education, faith-based organizations and health-related causes, frequently holding committee or chair responsibilities in these groups as well.
Jack Davies was the founder and president of AOL International and now serves on the board of directors of Scholastic, the global children’s publishing and media company. Prior to joining AOL in 1993, Davies was managing director of Citicorp's London-based consumer mortgage business after serving as vice president, Europe, for RCA Records. He began his career at General Electric where he held numerous senior consumer marketing positions. Davies earned an MBA in Marketing (1973) and a BA in Political Science (1972) from the University of Rochester.
Active in philanthropy in the D.C. area, Davies serves on a number of boards including the Board and Executive Committee of Venture Philanthropy Partners. In addition he is on the board of See Forever Foundation, CharityWorks and The Washington Scholarship Fund.
Richard D. Fairbank
Richard D. Fairbank is founder, chairman and chief executive officer of Capital One Financial Corporation, a broadly diversified financial services company ranked 130th on the Fortune 500. Mr. Fairbank founded Capital One in 1988 based on his belief that the power of information, technology and testing could be harnessed to bring highly customized financial products directly to consumers. Headquartered in McLean, Va., Capital One is the seventh-largest bank in the United States, offering a broad spectrum of financial products and services to consumers, small businesses and commercial clients. With the company’s newly acquired subsidiary, Chevy Chase Bank, F.S.B., Capital One has approximately 1,000 branch locations in New York, New Jersey, Louisiana, Texas, Maryland, Virginia, and the District of Columbia. Additionally, Capital One has international businesses in the United Kingdom and Canada.
Capital One has been widely recognized for its entrepreneurial culture, progressive work place, and community engagement. Recently, Capital One has been named to: Fortune’s “100 Best Companies to Work For,” Fortune’s “20 Great Employers for New Grads,” BusinnessWeek’s “Best Places to Launch a Career,” Working Mother’s “100 Best Companies” and DiversityInc’s “Top 50 Companies for Diversity.” Capital One also was named to Fortune Magazine’s list of "Top Companies for Leaders," ranking second in North America and fifth globally. Under Fairbank's leadership, Capital One has demonstrated a strong commitment to philanthropy and volunteerism, supporting a number of area programs focused on community redevelopment and youth education, including DC Cares, the DC College Access Program and Junior Achievement. Fairbank has been recognized for his community and industry leadership, including his 2008 appointment to the President’s Council on Service and Civic Participation. He also was honored as a 2008 Washington Business Hall of Fame Laureate and was named “2006 Banker of the Year” by the American Banker. Fairbank holds an MBA from the Stanford Graduate School of Business and a bachelor’s degree in economics from Stanford University.
Michelle DiFebo Freeman
Michelle DiFebo Freeman is the owner and an active board member of the Carl M. Freeman Companies, with offices in Olney, Md., and Fenwick Island, Del. The Freeman Companies has over 60 years in a variety of real estate ventures, currently with special expertise in land acquisition, land planning, development and redevelopment for award-winning, amenity-rich residential communities and neighborhood shopping centers. Notable real estate developments and redevelopments by the Freeman Companies include Sea Colony, the Village at Bear Trap, Bayside (including a Jack Nicklaus Signature Golf Course) at the Delmarva Shore, The Tidewater Inn in Easton, Md., and Olney Village Center and Cabin John Center and Mall in Montgomery County, Md.
Michelle is also the founding president and chairman of the board of the Joshua M. Freeman Foundation. The Joshua M. Freeman Foundation was created in 2007 to conceptualize, construct and operate sustainable facilities that support the arts, the environment and athletic achievement. Michelle has also served as the president and chairman of the board of the Carl M. Freeman Foundation since 2007. The Carl M. Freeman Foundation has been proudly giving grants and guidance since 1960 to hundreds of nonprofit organizations in Maryland, Virginia, Washington, D.C., Delaware and West Virginia. Michelle is a founding member of Venture Philanthropy Partners and is currently serving on the boards of The Washington National Opera, CharityWorks and YouthAIDS. She has three children ranging in ages from 6 to 19.
Richard Kay is currently chairman of SENTRILLION Inc., a “TS” (Top Secret) border security, cyber-security, information assurance and healthcare managed services company. He is the former founder, chairman and CEO of OTG Software, a data storage software company that he founded in 1992. OTG became the leader in online data storage solutions. OTG was acquired by Legato Systems in 2002 and Kay remained on the board of directors until the acquisition of Legato Systems by EMC in 2003.
Kay currently serves on the board of directors of the University of Maryland School of Engineering. He is a special partner with ABS Capital, a multibillion dollar equity investment firm focused on healthcare, IT and media companies. Kay is also an honorary member of the board of directors of Venture Philanthropy Partners. He and his family work closely with various charities.
Jeong H. Kim
Jeong H. Kim is the 11th president of Bell Labs, the communication industry's most heralded research organization. His background ranges from being a CEO of a high technology start-up to senior executive of a Fortune 500 corporation. Kim’s early career encompassed computer design, satellite systems design and data communications and included seven years as a nuclear submarine officer in the U.S. Navy.
Kim holds a Ph.D. in Reliability Engineering from the University of Maryland, a Master's degree in Technical Management and Bachelor's degree in Electrical Engineering and Computer Science from Johns Hopkins University. Kim currently serves on the boards of the Johns Hopkins University, Stanford University’s Freeman Spogli Institute of International Studies, and Global Internet Ventures. He is a member of the National Academy of Engineering and the NASDAQ Listing and Hearing Review Council, and was named one of the 10 most influential Asian Americans in business for 2005 by the U.S. Pan Asian American Chamber.
Mark D. Lerner
Mark D. Lerner, representing members of the Lerner | Cohen | Tanenbaum family, is a principal owner of the Washington Nationals Baseball Club and a principal of Lerner Enterprises, a Rockville, Md., based real estate development, management and investment company founded in 1952 by his father, Ted Lerner. Lerner Enterprises development activity is mainly concentrated in the Washington, D.C., metropolitan area. Some of the company’s major projects include White Flint, White Flint North, Washington Square at 1050 Connecticut Avenue, NW, 20 M Street, SE, 2000 Tower Oaks Boulevard, The Corporate Office Centre at Tysons II, Dulles Town Center, Fallsgrove Village Center and the Greenbelt Marriott Hotel, among many others. Lerner also has developed and manages many residential communities in the Washington, D.C., area. In addition, Lerner Enterprises is a partner in Chelsea Piers, a 30-acre sports and entertainment complex located on the Hudson River in New York City.
Lerner and his family have been involved in many worthwhile causes including the Charles E. Smith Jewish Day School, Hebrew University of Jerusalem, The George Washington University, Georgetown Day School, The Scleroderma Foundation of Greater Washington, Jewish Community Centers of Greater Washington and the District of Columbia, JCC Maccabi Games, The United States Holocaust Memorial Museum, Imagination Stage, ADL In Concert against Hate, YouthAids, Juvenile Diabetes, Junior Achievement, Food and Friends and the Washington Nationals Dream Foundation, among many others. He currently serves as a trustee of the Jewish Community Center of Greater Washington, a member of the board of Hillel at The George Washington University and the advisory board of Israel Bonds.
George P. Stamas
George P. Stamas is a senior partner in the Washington and New York offices of the international law firm Kirkland & Ellis LLP. A graduate of the Wharton School of the University of Pennsylvania (1973) and the University of Maryland Law School (1976), Stamas began his career as a special counsel in the Enforcement Division of the Securities & Exchange Commission. He has been listed in Chambers USA: America’s Leading Lawyers and Best Lawyers in America for many years and was previously named by The American Lawyer as one of the leading 45 lawyers in America under the age of 45.
Stamas was the former vice chairman of the board of Deutsche Banc Alex Brown, Inc., a founding board member of FTI Consulting (NYSE), and also serves on the boards of NexCen Brands, Inc., Gridpoint Technologies, Medicity, Inc., and MidOcean Partners. He is also a venture partner of New Enterprise Associates and is active in numerous local and national civic affairs. In addition to being a member of the Council on Foreign Relations, he is on the board of the Shakespeare Theatre Company, Leadership 100, Caves Valley Golf Club, the Baltimore Orioles, and is an Archon of the International Order of St. Andrew.
SWaN Investors is comprised of principals Fredrick D. Schaufeld, Clifford A. White and Anthony P. Nader. SWaN has 20 widely diversified investments, including the Washington Nationals Baseball Club. Prior to starting SWaN, the group built NEW Corporation, a unit of NEW Asurion Corporation. NEW, founded in 1983, is the world's leading consumer product warranty administrator. Schaufeld is the founder and chairman; White was the former CFO; and Nader is the current CEO. Concurrent with his employment at NEW, Schaufeld was a founder of the Service Contract Industry Council (SCIC) trade association and with his wife, Karen Schaufeld, authored its first model law, a derivation of which was adopted by most states.
Prior to NEW, Schaufeld worked in the live talent industry; White, a CPA, worked in public accounting and Nader worked in banking and insurance. The three are involved in many charitable organizations including Venture Philanthropy Partners; Fight for Children; the Washington Nationals Youth Baseball Academy; Loudoun Country Day School, where Schaufeld is board chair; the Inova Health System Foundation, where Nader is the most recent board chair and a current member of the Inova Health System Board; and St. Dunstan's Episcopal Church, where White is treasurer. White is also on the board of the Community Foundation for Montgomery County, where he is a founder and co-chair of the Neighbors in Need Montgomery Fund. Schaufeld and Nader are members of the Young Presidents' Organization. Schaufeld and White are graduates of Lehigh University. Nader graduated John Carroll University and received an MBA from Case Western Reserve. All three are married with children in the Washington suburbs.