Born: 1933 in Washington, D.C.
Education: University of Maryland
First job: His father's grocery store
Recognition: 2005 Greater Philadelphia Chamber of Commerce William Penn Award; Hockey Hall of Fame, 1988; serves on NHL Executive Committee; recipient of the Lester Patrick Award for outstanding service to hockey in the United States; elected to the Pennsylvania Sports Hall of Fame and Flyers Hall of Fame; Temple University's first Annual Sports Leadership Award; Philly's Greatest Mover and Shaker of the Millennium by the readers of Philadelphia Daily News
Whom do you admire most in business and why?
My father. He was in the grocery store business and we worked side by side for years. His philosophies and the way he ran his business rubbed off on me. He was a man I looked up to tremendously.
What is the most important business lesson you have learned?
You have to hire top people. You can't run a business by yourself.
What has been your toughest business challenge?
Bringing the Flyers to Philadelphia. Everyone said I was going to fail. I couldn't get anyone to invest in the team, I couldn't get banks to loan money.
It was a struggle because no one thought it would work. That was incentive for me.
Describe your leadership style.
Hire the best people and delegate.