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George L. Argyros Hellenic 2001 Recipient George
Argyros was born in Detroit, Michigan and raised in Pasadena, California.
He attended Michigan State University and graduated from Chapman
University in 1959 with a major in Business and Economics. He
and his wife, Judie, reside in Newport Beach, California and have three
grown children; George Jr., Lisa and Stephanie. George
Argyros began his professional real estate career in September, 1962 in
Orange County, California. By
1963, Mr. Argyros had opened his own real estate brokerage office,
specializing in investment property.
He developed his first subdivision and began building a small
shopping center in 1963. In
1968, he founded Arnel Development Company, and currently serves as
Chairman and Chief Executive Officer. Arnel
Development Company has been involved in the development, construction and
management of well over 6,000 apartment units, in addition to several
million square feet of commercial and industrial property. He
is a General Partner and the principal financial partner in Westar
Capital, a private investment company that provides capital for the
acquisition of established growth companies.
Westars objective is to collaborate with management to grow
promising middle market companies into industry leaders. Arnel
& Affiliates, which includes Arnel Development Company and the Westar
Capital companies, employs approximately 3,000 people. In
1981, Mr. Argyros acquired the Seattle Mariners Baseball Club of the
American League. He rapidly
became one of the most active owners in Major League Baseball.
An aggressive and innovative owner, he served as a member of
baseballs Revenue Sharing Committee, Restructuring Committee and
Commissioner Selection Committee. He
served on the prestigious Executive Council of Major League Baseball, as
well as the Board of Directors of the American League, the Audit and
Budget Subcommittee and the Television Committee.
In October of 1989, he sold the Seattle Mariners. Additionally,
in 1981, Mr. Argyros, together with a partner, acquired AirCal, a leading
West Coast regional airline. Mr.
Argyros served, not only as a co-owner, but also as Chairman of the
Executive Committee. He and
his partner successfully restructured the airline and in 1983, AirCal
became a public company. In
1987, AirCal was merged successfully with American Airlines.
At the time of the merger, AirCal had become the leading regional
airline of the West Coast, with a fleet of 39 aircraft and 3,700
employees. Board of
Director Memberships He
is also Director of Doskocil Manufacturing Company, Harper Leather Goods
and Verteq, Inc. All contents of pages and images Copyright © 2003, Hosted and maintained by Inter Media Post |