Tom Gaglardi
Encyclopedia
R. Thomas Gaglardi
, is a Canadian Business Executive, and owner of the Dallas Stars
, of the National Hockey League
.
He also serves as Chairman of the Board and Chief Executive Officer of Sandman Hotels
, Inns & Suites and Moxie's Restaurants, LP. He has been a Director of Leading Brands, Inc. since October 1998 and Secretary since June 1999.
hockey team on November 18, 2011. He first expressed an interest in buying the Stars in 2009 and spent more than a year going through the process of completing the deal for the team, which went through a bankruptcy proceeding. As the new owner, Gaglardi's first move was bringing back former Stars president Jim Lites
to once again take the reins as team President & CEO.
A bankruptcy court judge approved the bid for an enterprise value of $240 million. First lien creditors got about 75 cents on the dollar. The Stars lost $38 million during their the last fiscal year and $92 million over the last three seasons.
He also is part of the ownership group of the Kamloops Blazers
of the Western Hockey League
.
His father Philip Gaglardi
was a politician in British Columbia
, Canada
.
His mother is a native of Longview
, Texas
and he said he has “serious University of Texas relatives” who live west of Fort Worth, Texas
.
, is a Canadian Business Executive, and owner of the Dallas Stars
Dallas Stars
The Dallas Stars are a professional ice hockey team based in Dallas, Texas. They are members of the Pacific Division of the Western Conference of the National Hockey League . The team was founded during the 1967 NHL expansion as the Minnesota North Stars, based in Bloomington, Minnesota. The...
, of the National Hockey League
National Hockey League
The National Hockey League is an unincorporated not-for-profit association which operates a major professional ice hockey league of 30 franchised member clubs, of which 7 are currently located in Canada and 23 in the United States...
.
Career
Gaglardi is president of Northland Properties Corporation, which he and his family own. The company operates hotels and restaurants in Canada and employs more than 10,000 people.He also serves as Chairman of the Board and Chief Executive Officer of Sandman Hotels
Sandman Hotels
thumb|250px|Sandman Signature Hotel in Toronto.Sandman Hotel Group is a network of Canadian hotels and restaurant companies owned by the Northland Properties Corporation. Based in Vancouver, the company currently has 35 properties in six provinces under the brands Sandman Hotels, Inns & Suites and...
, Inns & Suites and Moxie's Restaurants, LP. He has been a Director of Leading Brands, Inc. since October 1998 and Secretary since June 1999.
Hockey Owner
Gaglardi was formally introduced as the new owner of the Dallas StarsDallas Stars
The Dallas Stars are a professional ice hockey team based in Dallas, Texas. They are members of the Pacific Division of the Western Conference of the National Hockey League . The team was founded during the 1967 NHL expansion as the Minnesota North Stars, based in Bloomington, Minnesota. The...
hockey team on November 18, 2011. He first expressed an interest in buying the Stars in 2009 and spent more than a year going through the process of completing the deal for the team, which went through a bankruptcy proceeding. As the new owner, Gaglardi's first move was bringing back former Stars president Jim Lites
Jim Lites
James R. "Jim" Lites is an American sports executive who currently serves as President of the Dallas Stars of the NHL. He was formerly the president of Hicks Sports Marketing Group, and president of the Texas Rangers of Major League Baseball, all of which are holdings of Tom Hicks...
to once again take the reins as team President & CEO.
A bankruptcy court judge approved the bid for an enterprise value of $240 million. First lien creditors got about 75 cents on the dollar. The Stars lost $38 million during their the last fiscal year and $92 million over the last three seasons.
He also is part of the ownership group of the Kamloops Blazers
Kamloops Blazers
The Kamloops Blazers are a junior ice hockey team in the Western Hockey League based out of Kamloops, British Columbia. They play their home games at Interior Savings Centre.-History:...
of the Western Hockey League
Western Hockey League
The Western Hockey League is a major junior ice hockey league based in Western Canada and the Northwestern United States. The WHL is one of three leagues that constitute the Canadian Hockey League as the highest level of junior hockey in Canada...
.
Personal
Gaglardi, a life-long hockey fan who said he still plays the game a couple times a week.His father Philip Gaglardi
Philip Gaglardi
Philip Arthur Gaglardi , sometimes known as Flying Phil or even Sorry Phil, was a politician in the Canadian province of British Columbia...
was a politician in British Columbia
British Columbia
British Columbia is the westernmost of Canada's provinces and is known for its natural beauty, as reflected in its Latin motto, Splendor sine occasu . Its name was chosen by Queen Victoria in 1858...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.
His mother is a native of Longview
Longview
Longview may mean:Places in Canada*Longview, Alberta, Canada*Longview, British Columbia, Canadain England*Longview, a council estate in Huyton, Merseyside, EnglandPlaces in the United States*Longview, Illinois...
, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
and he said he has “serious University of Texas relatives” who live west of Fort Worth, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
.