Jeff Vinik spokesperson Bill Wickett told FOX 13 News, “Jeff’s personal matters are not going to affect his business interests or community commitment in Tampa Bay.” RELATED: Penny Vinik credits parents for her philanthropic spirit. In 2011, Vinik and his wife, Penny, introduced the Lightning Community Hero program, which identifies and donates $50,000 to a local charity for every home game. At 57, Vinik is living proof that executives can reinvent themselves at any age. Vinik soon began acquiring property surrounding Amalie Arena, where his hockey team plays. When he took ownership, he immediately cleaned house and brought in Detroit Red Wings legend Steve Yzerman as GM. The team went from having one of the worst records in the NHL to making the playoffs the past three seasons. “It’s just really underappreciated and undervalued. Unlike in the investment business, where he was a hands-on manager, his goal as an owner is to “set the tone” on the values of the organization and let others lead with specialized knowledge and experience. Get this delivered to your inbox, and more info about our products and services. LUIS SANTANA 5/8 Times (2016), ©2019 the Tampa Bay Times (St. Petersburg, Fla.), Visit the Tampa Bay Times (St. Petersburg, Fla.) at www.tampabay.com. founding of the University of South Florida, USF’s Morsani College of Medicine and Heart Institute, sport and entertainment management program. For years, some giants of the industry have lamented that the markets were working against them. In 2015, he added to his team city planner and national new-urbanism proponent Jeff Speck, who says that walkable cities and more carefully designed urban areas can prove to be not only more sustainable but also more economically successful. The Tampa Bay Economic Development Council exists because of the generous support of more than 100 corporations, the Board of County Commissioners of Hillsborough County, and the cities of Tampa, Plant City and Temple Terrace. The 9 million-square-foot project includes a new building for USF’s Morsani College of Medicine and Heart Institute, 3,500 residences, two new office towers, three hotels and about 13 acres of parks. The launch is yet another iteration for Vinik. Sam Gibbons envisioned a Tampa that was bigger, and through the founding of the University of South Florida, smarter. Leading with Knowledge and Strategy Vinik’s second act as sports team owner and developer may be just “fun” for him, but it’s serious business in Tampa. Mrs. Vinik collaborates with several charity institutions, is highly involved in The Jeff & Penny Vinik Family Club; they also donated over $5 million in support of the college’s Sport & Entertainment Management program at the University of South Florida’s Muma College of Business. Vinik’s corner office, which reflects his personality and leadership style, is functional and surprisingly ordinary for a man of his stature. It has since donated more than $11 million to 400 different nonprofits in the Greater Tampa Bay area. That included Tampa’s very enthusiastic mayor, Bob Buckhorn. Transitioning from fund manager to sports team owner and developer has taken Vinik from his cherished private life into the spotlight.
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