OC 50: INDUSTRY & SERVICES
Orange County Business Journal, Apr 28-May 4, 2008
SCOTT DEAN BORAS
Owner, president
Scott Boras Corp.
Born in Sacramento, Nov. 2, 1952
Lives in Newport Coast
Baseball's super agent, considered one of most powerful in U.S. sports.
Offseason headlines included New York Yankee Alex Rodriguez remaining with team after flirting with free agency. Negotiated details for $275 million, 10-year contract after Rodriguez met privately with owners. Boras' original $252 million deal with A-Rod set record at the time.
Represented Colorado Rockies' Matt Holliday in re-signing for $23 million, two-year deal. Landed Boston Red Sox outfielder Jake Ellsbury as client. Won arbitration for New York Met Oliver Ferez worth almost $2 million.
In 20-plus years, has negotiated more than $3 billion in contracts.
Represents 85 major leaguers. Current roster includes Johnny Damon, Carlos Beltran, Manny Ramirez, Magglio Ordonez, former Angels pitcher Jarrod Washburn. Angels clients include pitchers Chris Bootcheck, Jared Weaver, minor leaguers Nick Adenhart, Terry Evans.
For Los Angeles Dodgers, represents pitcher Derek Lowe, minor leaguers Tony Abreu, ChinHui Tsao.
His Newport Beach company also runs Impact Marketing, Impact Consulting, Boras Sports Fitness Institute. About 40 people in local office work on player data; has 20 scouts, operations in Japan, Dominican Republic, Venezuela, Puerto Rico, Taiwan, Mexico.
Company has donated baseball fields, field improvements, equipment to area schools, money for baseball programs to UC Irvine, University of Pacific. Through family charitable trust, he, wife Jeanette working on efforts to attract more top-level people to teaching.
Grew up on 800-acre farm in Elk Grove near Sacramento. Earned baseball scholarship to University of Pacific in Stockton. Signed with St. Louis Cardinals organization. Played in minors for Cardinals 1974 to 1977, Chicago Cubs 1977 to 1978. Left after knee surgeries to complete law degree at McGeorge Schooi of Law at University of Pacific.
Practiced medical litigation at Chicago law firm until old friend from Elk Grove asked him if he'd represent former teammate Bill Caudill in 1984. That first contract-with Toronto Blue Jays-was worth $7.5 million.
Married, daughter, 19, two sons, 18,15. Sons play high school baseball. Wife active in charitable causes for Catholic church, Sage Hill High School. He, wife are arts patrons, support other OC charities, community programs.
Says Angels' bid for upcoming 2010 All-Star game would boost national attention, visitors if chosen. Angels last hosted game in 1989.
-Sandi Cain
KIM PATRICK BURDICK
President
Bank of America Orange County
Southwestern premier banking and investments division executive
Bank of America Corp.
Born in Montebello, Feb. 25, 1957
Lives in Justin
Top local banker for BofA, pushing for more investment business with everyday rich.
Runs Charlotte, N.C.-based bank's premier banking, investments for Southwest region, Southern California to Texas. Some 1,500 employees. One of BofA's four regional divisions for customers with $100,000 to $5 million to invest.
Oversees 150,000 clients, $75 billion in assets. Manages 650-member team.
Wealth management operation expanded in 2006 when BofA bought US Trust from Charles Schwab for $3.3 billion.
Few years ago, set up Newport Beach hub for private banking arm that serves Los Angeles, San Diego, Inland Empire. Number of local workers has more than doubled in past four years, set to continue growing.
Hires, trains, rather than recruits money managers with clients.
Works on local retail banking with Lloyd Parker, consumer executive for branches. Last year focused on adding customers. This year looking to extend relationships beyond checking, savings accounts to investments.
Bank considers OC among top 10 markets Plans to open four local branches, add workers this year.
OC deposits down 1% to $13 billion for 12 months ended June 30. Number of branches, workers flat at about 5,000. Looking to lure business customers from rivals, faces challenge from Wachovia, Wells Fargo.
Opened bank's West Coast credit card service center in Brea after 2005 buy of MBNA.
BofA's reduced mortgage business, quit making home loans through brokers. Other areas absorbed mortgage jobs.
Going after county's Hispanics. In 2006, opened branch on Santa Ana's Fourth Street, city's Hispanic center.
Joined as management trainee at 23. Took over OC market for second time in 2003.
Named consumer region executive in 1987 for Los Angeles County, later OC. In 1995, headed up grocery store branch rollout. In 1998, took over premier banking. Two years later, promoted to consumer planning, integration executive. Moved to bank's North Carolina headquarters for a time.
Close ties to BofA small business, consumer banking chief Liam McGee.
Big on philanthropy. Brings senior OC executives together to award nearly $1.5 million annually to local up-and-coming nonprofits. Neighborhood Excellence, Think Together, Mind Research Institute among them. Expects every executive to have community participation.
Challenger Classic, partnership between Los Angeles Angels of Anaheim, BofA helps disabled children, brings them to Angel Stadium of Anaheim to play baseball.
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