McLane became president and CEO. He joined MBNA America in 1997 and worked there until 1999. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. The talk is frequently about games lost or trades not made. Innovative solutions, along with the McLane familys enduring standards and unwavering commitment to customer service, allowed the company to achieve a high level of customer satisfaction and profitability. The Houston Astros didn't break 90. During those years, McLane served as president of the Texas Wholesale Grocers Association (19701971) and chairman of the National American Wholesale Grocers Association (19861988).[3]. John graduated from BowlingGreen State University with aBachelor of Science, Business Administration (BSBA). But be prepared, McLane is ready to look to this season and his new team. 329m goal: Felix the only men's contender for Chelsea's Goal of the Month, UFC 285's Shevchenko by the numbers: It all adds up to domination, A battle for No. Greenberg said the Rangers sale will have little bearing on the price tag for the Astros. |, McLane Ford Dealership of Fredericksburg LLC. I talked to Jeff.". Eighteen distribution centers were built around the United States. He worked in professional sports for the Nashville Predators and the Houston Astros. Shortly after the Walmart merger, Drayton Jr. founded McLane Group, a holding company for his various business ventures. Mr. McLane hopes to use his official website to help in promoting some of the nonprofit efforts he and his family are involved in. Contact. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. 32 NFL players who could change teams this offseason. Faith Driven Movements is not responsible for the opinions, advice, statements, materials, presentations, data, images, videos, documentation and other information (collectively, the Materials) expressed or otherwise shared by guest contributors (including without limitation podcast guests, conference speakers, guest writers, participating companies and investment professionals). But Greenberg said he's already fielded inquiries. Drayton McLane III serves on the board of the McLane Group and is chairman of McLane Classic Foods and Sports in Action. In 1991, McLane and shareholders sold the company to Sam Walton for 10.4 million shares of Walmart stock and $50 million in cash. Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros. The St. Louis Cardinals were the only team in Major League Baseball during the 2005 season to win 100 games. Houston ranked 16th in home attendance in 2010, averaging 28,783 fans. Are PSG better off without Neymar in big games? "It's time to change and move forward," McLane said. By the spring of 2009, the McLane family had brought "new life" to Michigan State University's baseball facility through a $4 million commitment to enhance one of the most pristine environments in all of intercollegiate athletics. Mr. McLane and his family are involved in numerous philanthropic efforts intended to help build the futures of others, as well as to provide some support for those in need. But Houston has finished with a losing record in three of the past four seasons, and attendance has dwindled as the team has moved forward after the departure of its most recognizable stars. Read more McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. She has 25 years of experience in the accounting field. McLane devotes his time to McLane Group,[30] the family holding company for these corporations: McLane and his wife, Elizabeth, have two adult sons, Drayton III and Denton. Los Angeles Chargers Have Shown Keenan Allen The Money But They Wont Show Him The Door, The Mandalorian Season 3, Episode 1 Recap And Review: The Apostate Sets The Stage For Whats To Come, Corner Threes Are Secret Sauce For Milwaukee Bucks Offensive Success, Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says. As a result of donations to both of his alma maters, Michigan State University and Baylor University have stadiums named after him. Dallas/Fort Worth Area. "Do you deserve any of the blame," I asked. During his years with the company, McLane assisted his father in building an effective grocery distribution network that served convenience stores, supermarkets, and the fast-food industry nationwide. You can ask him yourself? McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. Each resident has his own closet space. Mr. McLane is the Chairman of the McLane Group, overseeing a number of companies, and he also serves upon the boards of a number of other organizations. He then worked at Lone Star Plastics until 2006. With all the heartache and hard times that come with owning the Houston Astros, Drayton McLane also gets the best seat in the house. The visit started with the usual tour of the local Walmart, but then the unexpected happened. This year he is certain some of the talk will be about steroids, an issue McLane considers history. On July 24, 1992, it was announced that McLane had come to an agreement with John McMullen to purchase the team, which also included the lease on the Astrodome for a total of $117 million; approval by the league owners followed in the fall. He is perhaps best known as the former owner of the Houston Astros, and for his company's long involvement with Walmart. "I talk to the fans and ask them what would you do if you owned the team? He is responsible for creating and implementing company strategy and overseeing the executive management team. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. Drayton McLane Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. He joined McLane Group as President and Chief Operating Officer in December 2022 and leads our diverse group of companies in manufacturing, distribution, and logistics. A disappointing .500 record at the All-Star break, combined with jeers of manager Jimy Williams when announced as a coach of the 2004 All-Star Game held in Houston, led to him being fired one day later for Phil Garner. Yes, a bulldozer. All rights reserved. "In 16 years, I never saw anything and I was in the locker room before every home game. He also serves on several boards, including Baylor Scott & White Healthcare, the George H. W. Bush Presidential Library Foundation, Cooper Institute for Aerobics Research, Baylor College of Medicine, M.D. Founded by Drayton McLane Jr. in 1992, McLane Group is a holding company comprised of a variety of diverse enterprises that demonstrate a tradition of excellence and innovation established more than a century ago. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. Oscar winner Robert De Niro is heading to Netflix in his first TV series as the star and executive producer of the conspiracy thriller Zero Day. He invested much of the profits in professional baseball's Houston Astros. Following the McLane Companys merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with the McLane Company. He thinks it is something to move past, not dwell on. They are active members of First Baptist Church of Belton, where he is a deacon. Today the heritage continues through McLanes sons Drayton III and Denton, while the family tradition of excellence remains within the collection of McLane companies. Houston Astros owner Drayton McLane is putting his franchise up for sale. Greenberg said the normal timeline for such a deal runs about six to 12 months. The team went 8478 and won the National League Central division title, their first title since 1986. ChatGPT Swears It Can Optimize Your Inventory. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. At age nine, Drayton went to work for his father's business. In addition, hes a true cheerleader and [], 4001 Central Pointe Parkway This worked to both success and detriment that saw a variety of free agent pushes with moderate payroll that saw players such as Darryl Kile, Randy Johnson, Beltran, and Mike Hampton leave for more money while paying for veterans such as Roger Clemens, Andy Pettitte, and Carlos Lee and Woody Williams. He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. [29] In nineteen seasons as owner, the team won 1,556 games while losing 1,456. Links: en.wikipedia.org "We're just firing the pistol today," he said. [22][23] McLane countersued, accusing the Astros of deliberately tanking in 2012 and 2013 (where they lost 218 combined games) to sink the network. Denton lives in Birmingham, Alabama and holds a BBA degree in Economics from Baylor University and a Masters degree in Economics from the University of Alabama. When Roberts son, Drayton Sr., graduated from college in 1922, he joined the growing family business where he worked for over 60 years. Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations. One of two male residence halls on campus, this two-story facility houses 190 students. It wasnt surprising the two acclaimed businessmen became personal friends through the years. The 2005 NLCS. McLane puts aside a large amount of time to serve on civic and charitable committees. Browse 111 drayton mclane stock photos and images available, or start a new search to explore more stock photos and images. During his tenure, he moved the company from Cameron to Temple, Texas to take advantage of the central location for distribution. All rights reserved. Team icons Jeff Bagwell and Craig Biggio were both gone by the 2008 season, and Houston traded pitching ace Roy Oswalt and five-time All-Star Lance Berkman in 2010. The facility received a $4.3 million renovation in 2009. Our site uses Javascript. This year 50% of the Astros roster is brand new. Drayton McLane's house Maps / Drayton McLane's house Info Nearby (86) Like Tweet Google Maps Google Maps Bing Maps Birds Eye By neotrix @ 2008-09-12 01:02:16 @ 31.108589, -97.377207 Temple, Texas (TX), US The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. He sponsors the McLane Lectures at UMHB, bringing to campus such notables as former President George H. W. Bush, Honorable Sean O'Keefe (former NASA administrator and current chancellor of Louisiana State University), and Barbara Bush, former first lady of the US. McLane said his decision to finally fully commit to selling the team was based mostly on family considerations. 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