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Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. [2] A billionaire, Forstmann was a Republican and a philanthropist.
Forstmann and the late John Walton met as donors to the Washington Scholarship Fund (WSF), founded in 1993 to provide scholarships for low-income families in Washington D.C. When more than 8,000 applications applied to WSF for the 1998-99 school year the two men realized there was substantial demand among poorer families for alternatives to the ...
Padma Parvati Lakshmi was born in Madras (now Chennai), India. [3] Her mother Vijaya is a retired oncology nurse. Her parents divorced when she was two years old. Lakshmi emigrated to the United States at age four and was raised in New York City before moving to La Puente, California with her mother and stepfather. [4]
On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker ...
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In 2004, Forstmann Little, led by Theodore J. Forstmann, acquired the company; Forstmann served as chairman and CEO until his death in late 2011. On June 1, 2006, IMG Media acquired Tiger Aspect Productions , the producer of the British television series Mr. Bean and the company, along with Darlow Smithson Productions (also acquired in 2006 ...
Padma Lakshmi is sending her well wishes to ex-husband Salman Rushdie after he suffered life-threatening injuries over the weekend. Celebrity Injuries Through the Years Read article “Relieved ...
New Mountain was founded in 1999 by Steven Klinsky who was a former partner at Forstmann Little & Company as well as the co-founder of Goldman Sachs' leveraged buyout unit. [2] Klinsky had a minor role during the buyout of RJR Nabisco as the top lieutenant to Theodore J. Forstmann.