Leo Hindery: Difference between revisions

Leo Hindery Jr.
Leo Hindery Jr.
Born	October 31, 1947 (age 76); Tacoma, Washington, U.S.
Occupation(s)	InterMedia Partners, Trine Acquisition Corp.
Known for	American businessman, Author, Political Activist and Philanthropist
Spouse(s)	Patti Wheeler, Wife
Children	Robin Hindery, Daughter, Journalist
Relatives	Deborah Bailey of Menlo Park, CA, mother of daughter Robin.

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Leo J. Hindery Jr. is a serial entrepreneur, fund manager, former public-company chairman and CEO, author, political activist and philanthropist.

Mr. Hindery served as chairman and CEO of Trine Acquisition Corp., a NYSE-listed SPAC which went public in March 2019 and went effective with its merger with Desktop Metal, Inc. (NYSE: DM) in early 2021,^[1] and of a follow-on NYSE-listed SPAC under the Trine name that went public in the third quarter of 2021 and returned funds to its public investors in the second quarter of 2023.

In 1988, Hindery founded and ran as managing partner InterMedia Partners, a series of media industry investment funds. In November 1999, Hindery was named chairman and CEO of GlobalCenter Inc., a major Internet services company which fourteen months later merged into Exodus Communications, Inc.^[2]

Following this merger, until October 2004, he was the founding chairman and CEO of The YES Network the regional television home of the New York Yankees, after which he reconstituted and ran InterMedia Partners until the founding of Trine.

In February 1997 he was named president and CEO of Tele-Communications, Inc. (TCI), then the world's largest cable television system operator. In March 1999, TCI merged into AT&T Corporation and Hindery became president and CEO of AT&T Broadband.

He is a member of the Council on Foreign Relations, and from 2003 through December 2007 was Senate-appointed vice chair of the HELP Commission formed by an Act of Congress to improve U.S. foreign assistance. He is a member of the Hall of Fame of the Minority Media & Telecommunications Council, co-chair of the Task Force on Jobs Creation and was the founder of Jobs First 2012.^[3] He is a director of Hemisphere Media Group, Inc.^[4]

Hindery is a member of the Cable Industry Hall of Fame, was formerly chairman of the National Cable Television Association and of C-SPAN, and has been recognized as one of the cable industry's "25 Most Influential Executives Over the Past 25 Years".^[5]

He was co-founder along with Russian Federation Council Chairman Sergey Mironov of Transatlantic Partners Against AIDS (TPAA) and recipient of the Asia Society's Founders Award for his efforts in the international fight against AIDS, tuberculosis, and malaria. From 2005 through 2007, Hindery was Democrat-appointed vice chair of the Presidential & Congressional HELP Commission which made recommendations to Congress for the reform of U.S. foreign assistance.^{[citation needed]}

Hindery has written two books: It Takes a CEO: It’s Time to Lead with Integrity^[6] and The Biggest Game of All.^[7]

Hindery now lives in Cornelius, North Carolina. He has an MBA from the Stanford Graduate School of Business, and a BA from Seattle University.^{[citation needed]}

Politics[edit]

In 2004, his name was floated as a possible successor to Terry McAuliffe as head of the Democratic National Committee.
Hindery served as Senior Economic Policy Advisor for presidential candidate John Edwards from December 2006 until February 2008. In 2008 Hindery was an economic and trade advisor to then-presidential candidate Barack Obama, and in 2012 served as an economic policy surrogate for President Obama. On the withdrawal of Bill Richardson as nominee for Secretary of Commerce on January 4, 2009, it was suggested that he might be a suitable replacement.^[8]
Hindery endorsed Democratic candidate Hillary Clinton in the 2016 U.S. presidential election.^[9]

Motorsport[edit]

Hindery was the chairman of Port Imperial Racing Associates, the organizer of the proposed Grand Prix of America Formula 1 race to be held at the Port Imperial Street Circuit in New Jersey, United States. The race was included in the Formula 1 calendar for 2013, 2014 and 2015 but was ultimately cancelled due to a lack of funding.^[10]

A now-retired race car driver, Hindery's racing résumé includes a Class win at the 24 Hours of Le Mans (24 Heures du Mans) in 2005 and a Class second-place finish in 2003. He is a member of the NASCAR Winston West Hall of Fame.

24 Hours of Le Mans results[edit]

Year	Team	Co-Drivers	Car	Class	Laps	Pos.	Class Pos.
2002	Orbit Racing	Peter Baron Anthony Kester	Porsche 911 GT3-RS	GT	165	DNF	DNF
2003	Orbit Racing	Peter Baron Marc Lieb	Porsche 911 GT3-RS	GT	314	17th	2nd
2004	Orbit Racing BAM!	Marc Lieb Mike Rockenfeller	Porsche 911 GT3-RS	GT	223	DNF	DNF
2005	Alex Job Racing BAM! Motorsport	Marc Lieb Mike Rockenfeller	Porsche 911 GT3-RSR	GT2	332	10th	1st
Sources:^[11]^[12]

Awards[edit]

He was inducted in the West Coast Stock Car Hall of Fame in 2021.

Books[edit]

It Takes a CEO ISBN 0-7432-6985-3
The Biggest Game of All ISBN 0-7432-2900-2.

References[edit]

^ "A Cable Legend Seeks a Big Acquisition: Should You Invest?". January 29, 2020.
^ Nikhil Deogun and Deborah Solomon, Staff Reporters of The Wall Street Journal (September 28, 2000). "Exodus Agrees to Acquire Unit Of Global Crossing for $6.5 Billion". The Wall Street Journal. Retrieved April 23, 2019.
^ "Mayor de Blasio Announces 'Jobs for New Yorkers'". The official website of the City of New York. May 20, 2014. Retrieved July 2, 2018.
^ www.grovenetworks.com, Grove Networks Inc. "Hemisphere TV". www.hemispheretv.com. Retrieved July 2, 2018.
^ "U.S. - China Economic Security Review Commission" (PDF).
^ It Takes a CEO. Simon and Schuster. July 2010. ISBN 9780743269865. Retrieved December 18, 2014.
^ The Biggest Game of All. Simon and Schuster. July 2007. ISBN 9780743229012. Retrieved December 18, 2014.
^ Steve Clemons. "Bill Richardson withdraws commerce bid -- time to call Leo Hindery". The Washington Note. Retrieved January 4, 2009.
^ Mandelbaum, R., More Business Leaders Sign On With Clinton, Forbes, September 23, 2016.
^ "New Jersey Grand Prix organizers in breach of contract says Ecclestone".
^ "Leo Hindery Jr". Motorsport Stats. Retrieved August 8, 2023.
^ "Leo Hindery". Automobile Club de l'Ouest. Retrieved August 8, 2023.

External links[edit]

Appearances on C-SPAN

[1] "A Cable Legend Seeks a Big Acquisition: Should You Invest?". January 29, 2020.

[Exodus_Agrees_to_Acquire_Unit_Of_Global_Crossing_for_$6.5_Billion-2] Nikhil Deogun and Deborah Solomon, Staff Reporters of The Wall Street Journal (September 28, 2000). "Exodus Agrees to Acquire Unit Of Global Crossing for $6.5 Billion". The Wall Street Journal. Retrieved April 23, 2019.

[3] "Mayor de Blasio Announces 'Jobs for New Yorkers'". The official website of the City of New York. May 20, 2014. Retrieved July 2, 2018.

[4] www.grovenetworks.com, Grove Networks Inc. "Hemisphere TV". www.hemispheretv.com. Retrieved July 2, 2018.

[5] "U.S. - China Economic Security Review Commission" (PDF).

[6] It Takes a CEO. Simon and Schuster. July 2010. ISBN 9780743269865. Retrieved December 18, 2014.

[7] The Biggest Game of All. Simon and Schuster. July 2007. ISBN 9780743229012. Retrieved December 18, 2014.

[Time_to_Call_Leo_Hindery-8] Steve Clemons. "Bill Richardson withdraws commerce bid -- time to call Leo Hindery". The Washington Note. Retrieved January 4, 2009.

[9] Mandelbaum, R., More Business Leaders Sign On With Clinton, Forbes, September 23, 2016.

[10] "New Jersey Grand Prix organizers in breach of contract says Ecclestone".

[11] "Leo Hindery Jr". Motorsport Stats. Retrieved August 8, 2023.

[12] "Leo Hindery". Automobile Club de l'Ouest. Retrieved August 8, 2023.

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@@ Line 1: / Line 1: @@
 {{Use mdy dates|date=October 2013}}
+{{short description|American businessman}}
 {{Infobox person
 | image              = Leo_Hindery_Jr_BW_Photo.jpg
-| name               = Leo Hindery, Jr.
+| name               = Leo Hindery Jr.
-| birthname          = Leo J. Hindery Jr.
+| birthname          =
 | birth_date         = {{birth date and age|1947|10|31}}
-| birth_place        = Tacoma, Washington
+| birth_place        = [[Tacoma, Washington]], U.S.
-| age                =
 | death_date         =
 | death_place        =
 | known_for          = American businessman, Author, Political Activist and Philanthropist
 | occupation         = [[InterMedia Partners]], Trine Acquisition Corp.
-| alias              =
-| status             =
-| title              =
 | family             =
 | spouse             = [[Patti Wheeler]], Wife
 | children           = Robin Hindery, Daughter, Journalist
 | relatives          = Deborah Bailey of Menlo Park, CA,  mother of daughter Robin.
-| ethnic             =
-| religion           =
-| salary             =
-| networth           =
-| credits            =
-| agent              =
-| URL                =
 }}
-'''Leo Hindery, Jr.''' is an American businessman, author, political activist and [[philanthropist]].
+'''Leo J. Hindery Jr.''' is a serial entrepreneur, fund manager, former public-company chairman and CEO, author, political activist and [[philanthropist]].
-Hindery is Managing Partner of [[InterMedia Partners]], a New York-based media industry [[private equity fund]], and, since March 2019, Chairman and Chief Executive Officer of Trine Acquisition Corp, a newly created media industry SPAC. <ref>https://www.fool.com/investing/2020/01/29/cable-legend-leo-hindery-to-make-acquisition.aspx</ref> Until 2004, he was chairman and chief executive officer of [[The YES Network]], the nation’s largest regional sports network which he founded in 2001 as the television home of the [[New York Yankees]].
+Mr. Hindery served as chairman and CEO of Trine Acquisition Corp., a NYSE-listed SPAC which went public in March 2019 and went effective with its merger with Desktop Metal, Inc. (NYSE: DM) in early 2021,<ref>{{Cite web|url=https://www.fool.com/investing/2020/01/29/cable-legend-leo-hindery-to-make-acquisition.aspx|title = A Cable Legend Seeks a Big Acquisition: Should You Invest?|date = January 29, 2020}}</ref> and of a follow-on NYSE-listed SPAC under the Trine name that went public in the third quarter of 2021 and returned funds to its public investors in the second quarter of 2023.
-He headed [[Tele-Communications, Inc.]] (TCI) before it was merged into [[AT&T Corporation]] in 1999, when he became CEO of [[AT&T Broadband]]. Later, he was CEO of GlobalCenter, a data center company first purchased by [[Global Crossing]] and later sold to Exodus Communications.  <ref name="Exodus Agrees to Acquire Unit Of Global Crossing for $6.5 Billion">{{cite web
+In 1988, Hindery founded and ran as managing partner [[InterMedia Partners]], a series of media industry investment funds. In November 1999, Hindery was named chairman and CEO of GlobalCenter Inc., a major Internet services company which fourteen months later merged into Exodus Communications, Inc.<ref name="Exodus Agrees to Acquire Unit Of Global Crossing for $6.5 Billion">{{cite web
 |accessdate=April 23, 2019
 |date=September 28, 2000
@@ Line 40: / Line 29: @@
 |publisher=[[The Wall Street Journal]]}}</ref>
+Following this merger, until October 2004, he was the founding chairman and CEO of [[The YES Network]] the regional television home of the [[New York Yankees]], after which he reconstituted and ran InterMedia Partners until the founding of Trine.
-He is a member of the [[Council on Foreign Relations]], and from 2003 through December 2007 was Senate-appointed Vice Chair of the HELP Commission formed by an [[Act of Congress]] to improve U.S. foreign assistance.  He is a member of the Hall of Fame of the Minority Media & Telecommunications Council,  co-chair of the Task Force on Jobs Creation and was the founder of Jobs First 2012. <ref>{{Cite news|url=https://www1.nyc.gov/office-of-the-mayor/news/233-14/mayor-de-blasio-jobs-new-yorkers-#/0|title=Mayor de Blasio Announces 'Jobs for New Yorkers'|date=May 20, 2014|work=The official website of the City of New York|access-date=2018-07-02}}</ref> He is a Trustee of Emerson College and a Director of Common Cause New York and Hemisphere Media Group, Inc.<ref>{{Cite web|url=http://www.hemispheretv.com/|title=Hemisphere TV|last=www.grovenetworks.com|first=Grove Networks Inc.|website=www.hemispheretv.com|language=en-US|access-date=2018-07-02}}</ref>
+In February 1997 he was named president and CEO of [[Tele-Communications, Inc.]] (TCI), then the world's largest cable television system operator. In March 1999, TCI merged into [[AT&T Corporation]] and Hindery became president and CEO of [[AT&T Broadband]].
-Hindery has written two books: ''It Takes a CEO: It’s Time to Lead with Integrity'' <ref>{{cite web |url=http://books.simonandschuster.com/It-Takes-a-CEO/Leo-Hindery/9780743269865|title=It Takes a CEO |author=<!--Staff writer(s); no by-line.--> |date= July 2010 |website=Simon and Schuster |accessdate= 18 December 2014}}</ref> and ''The Biggest Game of All.''<ref>{{cite web |url=http://books.simonandschuster.ca/The-Biggest-Game-of-All/Leo-Hindery/9780743229012|title=The Biggest Game of All |author=<!--Staff writer(s); no by-line.--> |date= July 2007 |website=Simon and Schuster |accessdate= 18 December 2014}}</ref>
+He is a member of the [[Council on Foreign Relations]], and from 2003 through December 2007 was Senate-appointed vice chair of the HELP Commission formed by an [[Act of Congress]] to improve U.S. foreign assistance. He is a member of the Hall of Fame of the Minority Media & Telecommunications Council, co-chair of the Task Force on Jobs Creation and was the founder of Jobs First 2012.<ref>{{Cite news|url=https://www1.nyc.gov/office-of-the-mayor/news/233-14/mayor-de-blasio-jobs-new-yorkers-#/0|title=Mayor de Blasio Announces 'Jobs for New Yorkers'|date=May 20, 2014|work=The official website of the City of New York|access-date=2018-07-02}}</ref> He is a director of Hemisphere Media Group, Inc.<ref>{{Cite web|url=http://www.hemispheretv.com/|title=Hemisphere TV|last=www.grovenetworks.com|first=Grove Networks Inc.|website=www.hemispheretv.com|language=en-US|access-date=2018-07-02}}</ref>
-Hindery now lives in New York City. He has an MBA from the Stanford Graduate School of Business, and a BA from [[Seattle University]].
-Hindery is a member of the Cable Industry Hall of Fame, was formerly Chairman of the National Cable Television Association and of C-SPAN, and has been recognized as one of the cable industry's "25 Most Influential Executives Over the Past 25 Years" <ref>{{Cite web|url=https://www.uscc.gov/sites/default/files/Hindery_BIO022510.pdf|title=U.S. - China Economic Security Review Commission}}</ref>and one of the "30 Individuals with the Most Significant Impact on Cable's Early History."
+Hindery is a member of the Cable Industry Hall of Fame, was formerly chairman of the [[NCTA (association)|National Cable Television Association]] and of [[C-SPAN]], and has been recognized as one of the cable industry's "25 Most Influential Executives Over the Past 25 Years".<ref>{{Cite web|url=https://www.uscc.gov/sites/default/files/Hindery_BIO022510.pdf|title=U.S. - China Economic Security Review Commission}}</ref>
+He was co-founder along with Russian Federation Council Chairman Sergey Mironov of Transatlantic Partners Against AIDS (TPAA) and recipient of the Asia Society's Founders Award for his efforts in the international fight against AIDS, tuberculosis, and malaria. From 2005 through 2007, Hindery was Democrat-appointed vice chair of the Presidential & Congressional HELP Commission which made recommendations to Congress for the reform of U.S. foreign assistance.{{cn|date=August 2023}}
+Hindery has written two books: ''It Takes a CEO: It’s Time to Lead with Integrity''<ref>{{cite book |url=http://books.simonandschuster.com/It-Takes-a-CEO/Leo-Hindery/9780743269865|title=It Takes a CEO |author=<!--Staff writer(s); no by-line.--> |date= July 2010 |publisher=Simon and Schuster |isbn=9780743269865 |accessdate= 18 December 2014}}</ref> and ''The Biggest Game of All.''<ref>{{cite book |url=http://books.simonandschuster.ca/The-Biggest-Game-of-All/Leo-Hindery/9780743229012|title=The Biggest Game of All |author=<!--Staff writer(s); no by-line.--> |date= July 2007 |publisher=Simon and Schuster |isbn=9780743229012 |accessdate= 18 December 2014}}</ref>
+Hindery now lives in Cornelius, North Carolina. He has an MBA from the [[Stanford Graduate School of Business]], and a BA from [[Seattle University]].{{cn|date=August 2023}}
 ==Politics==
 * In 2004, his name was floated as a possible successor to [[Terry McAuliffe]] as head of the [[Democratic National Committee]].
-* Hindery served as Senior Economic Policy Advisor for presidential candidate [[John Edwards]] from December 2006 until February 2008. In 2008 Hindery was an economic and trade advisor to then-Presidential candidate  [[Barack Obama]], and in 2012 served as an economic policy surrogate for President Obama.  On the withdrawal of Bill Richardson as nominee for [[Secretary of Commerce]] on January 4, 2009 it was suggested that he might be a suitable replacement.<ref name="Time to Call Leo Hindery">{{cite web
+* Hindery served as Senior Economic Policy Advisor for presidential candidate [[John Edwards]] from December 2006 until February 2008. In 2008 Hindery was an economic and trade advisor to then-presidential candidate [[Barack Obama]], and in 2012 served as an economic policy surrogate for President Obama. On the withdrawal of Bill Richardson as nominee for [[Secretary of Commerce]] on January 4, 2009, it was suggested that he might be a suitable replacement.<ref name="Time to Call Leo Hindery">{{cite web
 |accessdate=January 4, 2009
 |url=http://www.thewashingtonnote.com/archives/2009/01/bill_richardson_4
@@ Line 59: / Line 54: @@
 ==Motorsport==
+Hindery was the chairman of ''Port Imperial Racing Associates'', the organizer of the proposed [[Grand Prix of America]] [[Formula 1]] race to be held at the [[Port Imperial Street Circuit]] in New Jersey, United States. The race was included in the Formula 1 calendar for [[2013 Formula One World Championship|2013]], [[2014 Formula One World Championship|2014]] and [[2015 Formula One World Championship|2015]] but was ultimately cancelled due to a lack of funding.<ref>{{cite web|url=https://www.autoweek.com/racing/formula-1/a1947171/new-jersey-grand-prix-organizers-breach-contract-says-ecclestone/|title=New Jersey Grand Prix organizers in breach of contract says Ecclestone}}</ref>
-He was a keen amateur racing driver, taking part in the [[24 Hours of Le Mans]] 4 times and winning his class in a [[Porsche 911 GT3|Porsche 911 GT3-RSR]] in [[2005 24 Hours of Le Mans|2005]].
+A now-retired race car driver, Hindery's racing résumé includes a Class win at the [[24 Hours of Le Mans]] (24 Heures du Mans) in 2005 and a Class second-place finish in 2003. He is a member of the NASCAR Winston West Hall of Fame.
 ===24 Hours of Le Mans results===
@@ Line 73: / Line 70: @@
 ! {{Tooltip|Class<br>Pos.|Class Position}}
 |-
+! {{24hLM|2002}}
-! [[2002 24 Hours of Le Mans|2002]]
-|align="left"| {{flagicon|USA}}  Orbit Racing
+|align="left"| {{flagicon|USA}} Orbit Racing
 |align="left"| {{flagicon|USA}} Peter Baron<br>{{flagicon|USA}} Anthony Kester
 |align="left"| [[Porsche 911 GT3]]-RS
@@ Line 82: / Line 79: @@
 | DNF
 |-
+! {{24hLM|2003}}
-! [[2003 24 Hours of Le Mans|2003]]
 |align="left"| {{flagicon|USA}} Orbit Racing
 |align="left"| {{flagicon|USA}} Peter Baron<br>{{flagicon|DEU}} [[Marc Lieb]]
@@ Line 91: / Line 88: @@
 |style="background:#DFDFDF;"| '''2nd'''
 |-
+! {{24hLM|2004}}
-! [[2004 24 Hours of Le Mans|2004]]
 |align="left"| {{flagicon|USA}} Orbit Racing<br>{{flagicon|USA}} BAM!
 |align="left"| {{flagicon|DEU}} [[Marc Lieb]]<br>{{flagicon|DEU}} [[Mike Rockenfeller]]
@@ Line 100: / Line 97: @@
 | DNF
 |-
+! {{24hLM|2005}}
-! [[2005 24 Hours of Le Mans|2005]]
 |align="left"| {{flagicon|USA}} [[Alex Job Racing]]<br>{{flagicon|USA}} BAM! Motorsport
 |align="left"| {{flagicon|DEU}} [[Marc Lieb]]<br>{{flagicon|DEU}} [[Mike Rockenfeller]]
@@ Line 108: / Line 105: @@
 | 10th
 |style="background:#FFFFBF;"| '''1st'''
+|-
+!colspan="8"|{{center|{{small|Sources:<ref>{{cite web|title=Leo Hindery Jr.|url=https://www.motorsportstats.com/driver/leo-hindery-jr/results|publisher=Motorsport Stats|access-date=8 August 2023}}</ref><ref>{{cite web|title=Leo Hindery|url=https://www.24h-lemans.com/en/track-record/driver/leo-hindery-7054|publisher=[[Automobile Club de l'Ouest]]|access-date=8 August 2023}}</ref>}}}}
 |}
+==Awards==
+*He was inducted in the [[West Coast Stock Car Hall of Fame]] in 2021.
 ==Books==
@@ Line 114: / Line 116: @@
 * ''The Biggest Game of All'' {{ISBN|0-7432-2900-2}}.
-==Notes==
+==References==
 {{reflist}}
+==External links==
+*{{C-SPAN|41854}}
 {{private equity investors}}
@@ Line 121: / Line 127: @@
 {{DEFAULTSORT:Hindery, Leo}}
-[[Category:American communications businesspeople]]
+[[Category:American telecommunications industry businesspeople]]
 [[Category:American male writers]]
 [[Category:Living people]]

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