Who is David Glass?
David Dayne Glass is an American businessman who is known as a former president and chief executive officer of Wal-Mart Stores, Inc. after replacing its founder, Sam Walton. Glass is an owner and chief executive officer of the Kansas City Royals, a professional baseball team based in Kansas City, Missouri.
Detailed David Glass Biography?
Glass is a former executive of the Wal-Mart Stores, Inc. He joined the company in 1976 and was the Executive Vice President of Finance. During his tenure as the Vice President of Finance, Glass administered the overall financial and accounting responsibilities of Wal-Mart Stores. He was later appointed to the position of vice chairman and chief financial officer. He served in that role until 1984 when he was appointed to the position of president and Walmart’s chief operating officer.
He managed the development of Walmart’s proprietary trend-forecasting software which is known as the Retail Link program, in 1985, alongside Rob Walton, the eldest son of the founder of Walmart, Inc. Sam Walton. In 1988, Walton stepped down as the company’s CEO and Glass was named as his replacement. He served in that position until 2000 when he stepped down and H. Lee Scott took over the role.
Glass is credited for having been active in the company’s growth in 1976 from 123 stores to more than 4,000 nationally and internationally in 2005. His other honors at the company include being named Retailer of the Year by members of the retail industry in 1986 and 1991. In August 2000, he was inducted into the Retail Hall of Fame. He is still a member of the board of Wal-Mart Stores, Inc. since 1977.
David Glass The Kansas City Royals
Dan Glass (born 1959) is the president of the team. His father brought him in soon after acquiring the team and installed Dan to succeed Mike E. Herman who had been president since 1992. He began working with the Royals in 1993 in their Baseball Operations Department as a baseball operations assistant and in 1996 he became an assistant director of player personnel.
The Kansas City Royals is an American professional baseball team. Mr. Glass acquired the baseball team in 2000 prior to which he had been named the interim CEO and chairman on September 23, 1993, following the death of the founding owner, Ewing Kauffman. The board slashed the payroll from $41 million to $19 million under the leadership of Glass. He opposed any settlement with the players’ union without a salary cap during the Major League Baseball strike of 1994–1995, as he supported the use of strike-breaking “replacement” players. This was against a court ruling that the use of replacement players violated federal labor law.
He purchased the team from the Kauffman estate for $96 million on 18th April, 2000, making him its sole owner. Glass’ bid was lower than that of $120 million by Miles Prentice but the board approved it as Prentice did not have enough net worth to withstand substantial losses. The decision was also supported by the fact that none of the area’s wealthy families were willing to even consider making a bid for the Royals or any other existing or prospective professional team in Kansas City. Glass’ bid would keep the team in town.
As the owner, Glass brought in a cost-cutting management style similar to what he used at Walmart. He has been sharply criticized for his management of the Royals. The Royals garnered large profits, while they were barely competitive for most of the early part of the new millennium. It was named as one of the worst teams in Major League Baseball during the 1990s and early 2000s.
On June 9, 2006, Glass was involved in a controversy when he revoked the press credentials of two reporters who had earlier on asked pointed questions to the Royals management. His move to avoid criticism infuriated many within the press and led to a backlash of articles that extended far beyond the Kansas City sports community.
Under the leadership of Glass, The Royals have also had several winning seasons: 2003, 2013, 2014 and 2015. They reached the 2014 Major League Baseball Playoffs for the first time in 29 years and advanced to the World Series for the first time since 1985.
What is David Glass Age?
He was born on September 2, 1935, in Oregon County, Missouri.
Who’re David Glass Family Members?
Glass was born on a farm in Oregon County, to parents Marvin Glass and Myrtle Van Winkle. There is no record of any siblings. He was raised in Mountain View, Missouri. His alma mater is Missouri State University in Springfield.
Who’re David Glass Children?
He is a father of three children who are also board members of the Royals. They are Dan Glass, Don Glass, and Dayna Glass. David and his wife live in Bentonville, AR.
Who’s David Glass Wife?
Glass is married to Ruth Glass who is a board member of the Kansas City Royals baseball team. She is known for making inspirational speeches at Christian women’s groups, churches, and businesses and is from New Mexico.
What is David Glass Net Worth 2020?
According to the celebrity net worth website, David D. Glass has a net worth of $800 million.
David Glass Social Media Accounts