Karen Buchwald Wright is the president and CEO of the. My search brought up about 12,000,000 hits. The two companies, which buy up mortgages and package them as securities, were placed under close government supervision during the financial crisis a decade ago. KENT LASSMANWe asked you here to talk about the role of : capitalists and capitalism. Wexner and his wife, Abigail, pictured above, since 2017 have given more than $3.2 million to political causes. A few months later, Sen. James Inhofe, R-Oklahoma, introduced the Light-Duty Natural Gas Vehicle Parity Act to require the U.S. EPA to regulate natural-gas vehicles the same as electric vehicles. ", Of course, it took more than encouragement to prepare Karen for the role of CEO. Farmer is the former longtime CEO of Cintas Corporation, the Cincinnati-based commercial uniform and janitorial company. He and his wife gave another $41,300 in federal contributions to Republicans, including the Cuyahoga County Republican Party, Mandel and Team JOSH, a committee supporting Mandels since-abandoned U.S. Senate bid. Lindell, the TV pitchman and inventor famous forselling foam pillowson television, is also a big Trumpsupporter. Copyright 2003-2023 Real Pro Systems LLC. I really believe that monied interests look at making contributions as a way to invest in their future the same way they would invest in stocks and bonds, said Turcer, the executive director of Common Cause Ohio, a left-leaning good-government group. Visitors will be able to enjoy lakes, woods, trails, picnic areas, a bike path, an events center, a restored railroad depot, historic ruins, terraced landscaping and more. A total of 659 chamber members and guests attended, resulting once again in what Chamber Executive Director Carol Grubaugh calls the organization's "signature event.". 2023 www.cincinnati.com. "That's all it took for me to stop and say, 'You know, that's right! Jack Nicklaus III and Trump donorsKaren Buchwald Wright, president and chief executive officer of Ariel Corp., and her husband, Thomas Rastin, a company executive vice president, were on hand for the April 30, 2018, private event. Some major donors have a more general commitment to a political party or a broad ideological cause. Snyder, thecontroversial ownerof the Washington Redskins, is one of several NFL team owners who havedonatedto Trump. To do so, we examined state and federal campaign-finance records. A Houston billionaire and former diplomat, Hushang Ansary was formerly Irans ambassador to the U.S. A Republican donor andbackerof Jeb Bushs presidential campaign, Hushang Ansary was formerly chairman of oil and gas equipment firm Stewart & Stevenson LLC, which hesold for $710 millionin 2017. He expected that eventually his son would take over running the business after his daughter and son-in-law divorced. "I still say that there's a niche market for a company where you can still get someone on the phone," she says. Jim Buchwald and Karen Buchwald Wright Inducted Into the Ohio Oil and Gas Association's 2022 Hall of Fame Ariel Corporation's founder, Jim Buchwald, and his daughter, former CEO, Karen Buchwald Wright, have been inducted into the 2022 Ohio Oil and Gas Association (OOGA) Hall of Fame. She's also CEO of the Ariel Corporation, a natural gas compression. Karen considers raising four boys while working part-time to be a significant component of her preparation for leadership. Ricketts, founder of investment firm TD Ameritrade, and his wife Marlene, spentmillionsto oppose Trump in the primary, backing a PAC running adsattackinghis candidacy. The president said the older Nicklaus made one of the best speeches Ive ever heard (at) the congressional whatever it is, the freedom medal. Nicklaus received the Congressional Gold Medal in 2015 for his golf achievements and public service. Wright has demonstrated incredible leadership and generosity through her desire to leave an impact on the world and her community. The bill supported by Ariel could boost sales of light-duty trucks powered by natural gas and, potentially, Ariel compressors. As a family business owner, you are pleased when you walk by a marketing team meeting and see your son suggesting ideas for the new website. Someone whod rather go without than let the people around her fail. Since Trumps election, Stephens has been somewhat critical of Trump but has beensupportiveof cutting taxes on investment gains and dialing back the Affordable Care Act. First, daughters may need to be encouraged to lead, perhaps more than sons; giving them opportunities to work in the business and offering both critical feedback and praise can boost their confidence. In 2014, Public Citizenallegedthat Energy Capital Partners manipulated electricity prices by purchasing a major coal-fired power plant in Massachusetts and announcing its closure shortly before an electricity market auction, pushing up the market rate charged by its other plants in the region. Karen Wright, who also grew up in Mount Vernon, is the chairman, president and CEO of Ariel Corporation, a leading manufacturer of compressors used in the natural gas industry and Knox County's largest employer. His family also founded 1-888-Ohio Comp, a managed care company of workers compensation plans. Ariel has been a major player in the gas compression market for decades. Gilliam, who unsuccessfully tried to become Trumps Interior Secretary, metwith Trumpin March 2017. Men often have less trouble with personal validation, but women tend to look for external validation. "I'm running a business, and everyone here needs to work as a team. Karen, Kristy and Tacy are successful executives, leading enterprises that evolved from the creative ideas of their entrepreneurial fathers. The founder of McKinley Capital Management, Gillam was a college classmate of Trump. Tim Timken, Jane Timkens husband, serves as chairman and CEO of TimkenSteel, which was spun off as a separate company in 2014. Childs is considered one of thepioneersin leveraged buyouts corporate takeovers fueled by high levels of debt. Former White House chief strategist Steve Bannon vowed to declare war on Singer after news broke that theFree Beaconhad paid for anti-Trump research. The Campaign Legal Center filed acomplaintagainst Ashbritt, alleging that it violated a ban on active federal contractors making political contributions. Tacy knows she has not changed, but she realizes that her transition to CEO will require some readjustment in her relationships with her employees. From 1983 to 1997, she worked at the family business part time while raising her four sons, and then went on to become the President of Ariel in 2001. Stephen A. Schwarzman:$344,400 to Trump Victory. Karen Buchwald Wright, a Republican donor in the state, narrowly claimed the top spot by the time the election was over. he sold the Iams dog food company to Procter & Gamble in 1999. Cleveland.com performed an analysis to identify top political donors in Ohio since January 1, 2017. He suggested that she was perfectly capable of running the company and didn't need to hire someone else. They profitedmassivelyfrom the 2016 sale of their stake in Ultimate Fighting Championship, which promotes mixed martial arts fights. Sherry Xue Li and Li Lianbo Wang:$600,000 to Trump Victory. It was an 'Aha' moment for me. Out of the kindness of her heart, she gives. Copyright 2020 Public Citizen. Underneath Mount Vernons rich history, and picturesque geography, there was one name that stood out to me: Karen Buchwald Wright. Palmer is known in Los Angeles forbuildinggarish luxury buildings with skywalks that allow residents to avoid encountering homeless people on the citys streets. We are certainly going to keep up with the They gave another $34,500 to federal Democrats including Rep. Tim Ryan and Zach Scott, the former Franklin County sheriff who lost the Democratic primary earlier this year for a Central Ohio congressional seat. Kimmelman peronallydonated$50,000 to Florida Gov. Officials in California have been concerned about thehigh costsof a $1.3 billion fire cleanup involving AshBritt, in which one worker was killed. Brian Colleran is the founder of Foundations Health Solutions, a North Olmsted-based nursing-home company. He gave another $59,100 to Democrats, including Cordray, Dettelbach, Clyde, State Sen. Sandra Williams and State Rep. John Barnes. Her generosity to Mount Vernon Nazarene University is reflective of her support for many other worthy causes in Knox County and beyond. Eight years later, in 2009, Wright started the Ariel Foundation with the aim of improving the quality of life for residents of her hometown, Mount Vernon, Ohio. Wright and Rastin, an Ohio couple, are major Republicandonors. Ragan gave more than $627,000 to GOP causes in Ohio, all of which went to Republican candidates for the state legislature, or the Ohio House Republican Organizational Committee, often referred to as OHROC. 'An exceptional individual and community leader': Local, state I was intrigued. Thomas Rastin and Karen Buchwald Wright (Republican) This husband-and-wife duo have given more than $3.3 million to candidates and political groups since 2017, state and federal records show. Community Rules apply to all content you upload or otherwise submit to this site. However, federal electricity regulatorsunanimouslyrejected this proposal. Along with several casino magnates, the Fertittas, whoknow Trumpfrom his Atlantic City casino days, when Trumphostedmixed martial arts fights at his casinos. Her 10 percent stake in the company is worth more than $170.5 million, according to U.S. SEC documents. He gave another $69,900 to federal Republican candidates and committees, including now-former Rep. Pat Tiberi, Joyce, Gonzalez, the National Republican Senatorial Committee and the Republican National Committee. Wright established the full-tuition James P. Buchwald '54 . A billionairebankerand distressed asset investor, Beal is a longtime Trump friend and business partner wholoaned nearly $500 millionto Trumps failed casino business. As Tacy tells it, she "drank the Kool-Aid" that DDI offered, and it has served her well. Little isknownabout the pair, who have becomemajor Republican donorssinceTrumps election. Wright and Rastin in February also made a pair of $200,000-plus donations to the Republican National Congressional Committee, the campaign arm for congressional Republicans. Our analysis of Federal Election Commission data found that since the start of 2017, the six pro-Trump groups had raised $54.4 million from 136 megacontributors who donated at least $100,000 each, with an average contribution of nearly $400,000. Quality is number one throughout the company, in every aspect of the business, starting with design, through materials, manufacturing and assembly. When Kristy Knichel took over her dad's company, Knichel Logistics, based in Gibsonia, Pa., she had the full support of her family and her employees, but she definitely had worked hard to earn it. The conservativeWashington Free Beacon,a news organization funded by Singer,paid forthe opposition research firm Fusion GPS to dig up damaging information on Trump, a project that wastaken overby a law firm tied to the Democratic Party and Clinton campaign, leading to the production of a dossier that firstoutlinedallegations of Trumps connections to Russia. So while Im super eager to speak the praises of OUR quaint little town, I figured that starting with Mount Vernon is probably the easiest segway. An incredible 250 acre Park built on the former Pittsburgh Plate Glass manufacturing plant. The company . As Karen's experience shows, parenting skills can transfer to the workplace quite well. Wrights leadership in the Mount Vernon community deserves the recognition afforded by the Doctor of Humane Letters degree, says MVNU President Dr. Henry Spaulding. Mark A. Corbro on how VFDs complicate a torsional analysis, Donna Andrews appointed head of new division within Lawsons Global Recruitment, Location to serve customers in Canadian Montney, Duvernay, Expected to produce up to 3 million tons of LNG per year, Norwegian Sea site consists of two subsea templates tied back to the Njord A platform, Targa Resources, Kodiak Gas Services provide safe place to fail for operators and technicians to learn, We use cookies to give you the best viewing experience. Wright, Karen Buchwald | detrumpify.org Ariel is currently led by Alex Wright, who succeeded his mother, Karen Buchwald Wright, as Chief Executive Officer in July 2021. I clicked on her link and I found more than just a name. Park is the CEO and chairman of Park Corp, a Cleveland manufacturer. For reprint information, contact bwenger@familybusinessmagazine.com. Founded in 1966 by Karen's father, Ariel manufactures natural gas compressors for the global oil and gas industry. Jen Odenweller was raised in Mount Vernon and graduated from Mount Vernon High School. He has told her, "I am so impressed. It is an exciting time for women in family businesses. Executive Outlook 2019 - Karen Buchwald Wright - CompressorTECH This story first appeared in the October 2019 issue of COMPRESSORTECH2. Yet once they took the helm, those daughters discovered that they have the right skills, experience and values to guide their companies through the transition to the next generation and beyond. When you do a little digging on Mount Vernon, Ohio--so as to be more knowledgeable about our neighboring city. Jason Lucarelli is the CEO of Minute Men Staffing, a Cleveland temp agency. Just east of Mount Vernon., Oh, gotcha! Rob Portman and Columbus-area Rep. Steve Stivers. Your email address will not be published. (Mrs. Wexner gave $2.5 million to the group, while Mr. Wexner gave $300,000.). Schwab, the founder of the stock brokerage firm that bears his name, and his wife Helen have been big supporters of Trump, donating $1 million to Trumpsinauguralcommittee andhis legal defense fund. The Trump super PAC America First Action said itwould not returna $500,000 donation from Wynn after the sexual abuse scandal broke. The busts were commissioned to depict the them as they looked in 1785. Gillam was a fierceopponentof a copper and gold mine proposed for Alaskas Bristol Bay, where Gillam owned a fishing lodge. Preposterously, Trumpawardedthe Presidential Medal of Freedom to Miriam Adelson. People are always familiar with Mount Vernon. The following transcript has been edited for clarity. Pepper is a Cincinnati philanthropist. Ohio couple, Nicklaus grandson attended Trump dinner in secret recording Even if theyre not familiar with. "I continued to move purposely through the organization, and learned to not only stand up for myself, but to also step up and ask for what I wanted and deserved," says Tacy. Trump, however, did not sever ties with the casino mogul and former CEO of Wynn Resorts. The Oklahoma oil billionaire Harold Hamm, CEO of the shale oil drilling company Continental Resources Inc. is a key Trump ally on energy, who got atop seatat Trumps inauguration. If you ask us, her name should be first on the list of notable people. Wayne Boich Jr. is the CEO of Boich Industries, a Columbus-based coal-mining company. Karen Buchwald Wright and Thomas Rastin: $865,000, largely to America First Action and Trump Victory Wright and Rastin, an Ohio couple, are major Republican donors. Brian Colleran gave another $12,500 to one Democratic candidate; Dettelbach. Serial No. Click, Dedicated to Global Gas Compression Products and Applications. Since 2017, Pepper has given at least $602,438 to Democratic candidates and causes in Ohio. Gale International, a company operated by Stanley Gale, is a partner in the project and attended the dinner, according to the Times. Lindell hascalledTrump the best president this country has ever had. He faced aboycottafter declining to pull advertising from Fox News Laura Ingrahams show when she mocked a survivor of the Parkland High school shooting. Douglas Kimmelman:$100,000 to Trump Victory. Ariels entire workforce gets it that our compressors are built to last for many decades and that everything we do is toward that goal. He visited the US for the first time, all by himself, when he was 9 years old. Photograph by Carol Ross Joynt. The Fertittas are billionaire Las Vegas brothers, whose father was a casinodeveloper. It's important to understand that one person cannot know and do everything and that the leader is only as strong as the team she leads.". In fact, she rarely attaches her name to these donations or projects. Ariel Foundation is proud to support the people and projects whose missions are to improve the quality of life in the Mount Vernon, Ohio area. Jane Timken, a supporter of President Donald Trump, in January 2017 became chair of the Ohio Republican Party. that one vote of confidence," she says. Karen Wright: She's the founder and CEO of the Ariel Foundation, a private philanthropy group based in Mount Vernon, Ohio. Central Ohio?, No, I mean Apple Valley LAKE. How has Ariel maintained its position as a top compressor manufacturer? Email Address: k VVBP @gmail.com +5 emails. She took over the business from her father in 2001 and the company has taken off in the years since. Adelson pushed hard to relocate the U.S. embassy in Israel to Jerusalem and also for the U.S. to quit the 2015 Iran nuclear deal. During her tenure, Ariel produced nearly 45,000 compressors shipping to over 100 countries and delivering cost-efficient, clean energy worldwide. Such is the case of Karen Wright, the head of Ariel Corporation, a leading maker of natural gas compressors. The Super-Rich People Backing the Trump Agenda - CitizenVox In a 2015 interview with CNN, SchwarzmansaidIve known Donald for 40 years, and he is the P.T. The Boich family has given nearly $792,000 to Republican candidates and causes since 2017. And, like any other scholarly search, I started with Google. which was crafted to improve the quality of life for the residents of her hometown, Mt. Her most recent contribution to MVNU has been through the former Historic Curtis Inn, scheduled to open in the fall of 2015. She gave another $15,400 to the National Republican Congressional Committee and Stivers, who is the NRCCs chair. That experience helped her decide to enter her father's firm. A board memberof America First Policies, Hamm has aggressivelypromotedfossil fuel exploration onfederal landsand was asupporterof former Trump EPA Administrator Scott Pruitt, a fellow Oklahoman. He is also chairman of Parman Capital Group LLC. Richard Rosenthal and his wife, Katherine Strauss Rosenthal, gave $267,059 to state Democratic candidates and causes, including the Ohio Democratic Party, Steve Dettelbach, the Democratic nominee for Ohio Attorney General, and former U.S. Rep. Zack Space, who is running for auditor. Part 4, Lawsons recruitment expands renewables division. "As a mother, you're a manager, a psychologist, a disciplinarian, a motivator, a time manager and a leader," she says.