Stacy H. Schusterman

Stacy Helen Schusterman
Born c. 1963
Residence Tulsa, Oklahoma, U.S.
Alma mater Yale University
McCombs School of Business
Occupation Businesswoman, philanthropist
Religion Judaism
Spouse(s) Steven H. Dow
Children 3
Parent(s) Charles Schusterman
Lynn Schusterman

Stacy H. Schusterman (born c. 1963) is an American heiress, businesswoman and philanthropist.

Schusterman served as the chief executive officer of her family business, Samson Resources, a Tulsa, Oklahoma-based oil and gas company, from 2000 to its US$7.2 billion buyout by Kohlberg Kravis Roberts in 2011. She serves as the chairman and chief executive officer of Samson Energy, a deepwater drilling company in the Gulf Coast of the United States.

Schusterman is the founder of Granite Properties, a Plano, Texas-based real estate investment company, and Black Coral Capital, a Boston, Massachusetts-based clean technology investment firm.

Schusterman supports Jewish causes in the United States and Eastern Europe.

Early life

Stacy H. Schusterman was born circa 1963.[1] Her father, Charles Schusterman, was an oilman and philanthropist.[2] Her mother, Lynn Schusterman, is a billionaire philanthropist. She has two brothers, Jay and Hal, who lives in Israel.[3]

Schusterman studied in Israel in 1983, when she returned to the United States and eventually graduated from Yale University in 1985.[1][4] She received a master in business administration from the McCombs School of Business at the University of Texas at Austin.[1]

Business career

Schusterman started her career at her father's oil and gas company, Samson Resources. She served as its chief executive officer from 2000 to 2011, when she sold it to Kohlberg Kravis Roberts for US$7.2 billion.[1] During her tenure as CEO, Schusterman switched the company investments from clean gas to oil, shale gas and tight gas.[1]

After the buyout, Schusterman founded Samson Energy, which deepwater drilling company whose main assets are on the Gulf Coast of the United States.[5][6] She serves as its chairman and chief executive officer.[5]

With Michael W. Dardick, Schusterman co-founded Granite Properties, a Plano, Texas-based real estate investment company based in 1991.[1][7][8] The company owns three buildings in Los Angeles, California, five in Atlanta, Georgia, twelve in Dallas, Texas, five in Houston, Texas, and four in Denver, Colorado.[9] By 2015, it had an annual revenue of US$182.7 million and 150 employees.[7]

Schusterman is also the founder of Black Coral Capital, a Boston-based clean technology investment firm.[1]

Philanthropy

Schusterman co-chairs the Charles and Lynn Schusterman Family Foundation, "the largest Jewish family foundation in America", with her mother.[5] She also serves as the president of Bezalel Foundation, a non-profit organization which endows Jewish causes.[1] Additionally, she serves on the board of trustees of the American Israel Public Affairs Committee (AIPAC) and BBYO.[1][10] She also serves on the international board of governors of Hillel: The Foundation for Jewish Campus Life.[11] She also endowed the Stacy Schusterman ’85 Scholarship at her alma mater, Yale University, in 2010-2011.[4]

With her husband, she supports the Winter Relief Program of the American Jewish Joint Distribution Committee in Eastern Europe, including Ukraine and Moldova.[12]

Personal life

Schusterman is married to Steven H. Dow,[13] and she has three children.[1] They reside in Tulsa, Oklahoma.[1]

References

  1. 1 2 3 4 5 6 7 8 9 10 11 Resnick-Ault, Jessica (November 23, 2011). "Schusterman Caps Israel-to-Tulsa Oil Career With KKR Sale". Bloomberg Business. Retrieved February 14, 2016.
  2. Ovide, Shira (October 11, 2011). "Rich Family You've Never Heard Of Could Sell Their Company for $10 Billion". The Wall Street Journal. Retrieved February 15, 2016.
  3. Sherman, Bill (July 26, 2014). "Tulsans in Israel see 'Iron Dome' in action". Tulsa World. Retrieved February 15, 2016.
  4. 1 2 "Nathan Hale Associates Scholarships". Leaders in Giving: A Newsletter for the Nathan Hale Associates. Yale University. Retrieved February 15, 2016.
  5. 1 2 3 Nemes, Hody; Nathan-Kazis, Josh (September 29, 2014). "Schustermans' Deep Roots in Oil Make Foundation Divestment Unlikely". Forward. Retrieved February 15, 2016.
  6. "History". Samson Energy Company. Retrieved February 15, 2016.
  7. 1 2 "100 Best Workplaces for Women: 4 Granite Properties". Fortune. Retrieved February 15, 2016.
  8. "History". Granite Properties. Retrieved February 15, 2016.
  9. "Properties". Granite Properties. Retrieved February 15, 2016.
  10. "BBYO's International Board of Directors". BBYO. Retrieved February 15, 2016.
  11. "Leadership". Hillel. Retrieved February 15, 2016.
  12. "Protecting the Most Vulnerable in the FSU". American Jewish Joint Distribution Committee. November 5, 2013. Retrieved February 15, 2016.
  13. Kelly, Nellie (September 2011). "A shared vision". Tulsa People. Retrieved February 15, 2016.
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