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Tailwind Sports Waterloo Cycling How one group of men shaped Bill Stapleton Bart Knaggs NOTES Cycling from the nineties Laura Ritts Notes: Mark Higgins This plan is intended to show business links over the period 1990 to 2012. Directorships, or business involvements may CS&E Pro Cycling Armstrongs long time associate and Man- not be current but are intended to reflect past and ongoing relationships. Bill Stapleton ager. Boardmember Bart Knaggs at CS&E Laura Ritts Companies not detailed: San Francisco Cycling - Owned by Tailwind Sports and Capital Sports and Entertainment US Olympic Committee Threshold Sports (David Chauner and Jerry Casale) - Part Owner in Tailwind Cycling Bill Stapleton (Vice President) A public strategies company THOM WEISEL tasked with shaping Cofounder of Montgomery public opinion. Securities and Thom Weisel BILL STAPLETON Clients include Trek, JIM OCHOWICZ Partners. Sponsored Armstrong's Armstrong's agent since '95, BART KNAGGS Oakley,Livestrong, CHRIS CARMICHAEL Former employee, Weisel Partners, first trade team and was founding chief management officer of Capitol Sports & Entertainment President of Tailwind Corporation, Lance Armstrong & Radi- became President of USA Cycling Livestrong & former vice president on Livestrong board of directors. Armstrongs coach and founder sponsor of Tailwind Sports Bill Stapleton oshack. of Carmichael Training Systems and boss of Motorola. Also Director of around of U.S. Olympic Committee. Co Founder of CSE with Bill Owned by Austin Ventures Geert Duffeleer (Duffy) Bart Knaggs The Owners of Tailwind Sports was an advisor at Phonak 30 Companies. On the board of Tailwind Stapleton. On the board at PA To Bruyneel, director of Laura Ritts, Mark Higgins Carmichael Training Systems JB Sports Management, as well Weisel born in the Mayo Clinic 1941 as operations director for US 1 Thomas Weisel 16 Mark Gorski (Owner and Team Manager) Postal. Strangely was also team chef at Postal/Astana & now 2 John Bucksbaum (GGP) 7.7% 17 Dan Osipow (Owner and Team Manager) Radioshack 3 Terry Lee (Bell Sports Corp) 4% Sponsor Montgomery Securities 4 Harvey Schiller Johan Bruyneel Sports Management Bill Stapleton (chief management officer) 5 Lance Armstrong 10% (Approx) John Bucksbaum Investment bank co-founded Bart Knaggs (Director) Johan Bruyneel 6 Bill Stapleton (CS&E) Tailwind Director Investor by Thom Weisel. Weisel and Geert Duffeleer (Director of Operations) And Investor in Sponsor Lance Armstrong (Director) USAC many of the directors would Jeff Garvey (Founding Chairman) 7 Johan Bruyneel *There are conflicting reports on the number of owners. later form TW Partners 8 John Burke (Trek) Most set it at 15, some other sources say 20. * yellow italics denote known donators to the Floyd Fairness Fund Corporate Sponsor 9 Bart Knaggs (CS&E) Montgomery Subaru 10 Laura Hundley?? (CS&E) USA Cycling Development Foundation Cycling Team 11 David Williams (Williams Trading) Corporate Sponsor Tailwind Sports CorporateSponsor 12 Matthew Barger (Weisel Partners) Matthew Barger A non-profit organization founded by Weisel An investment brokerage firm Committee Member of 13 Richard Cashin, Jr. (J.P.Morgan Chase) Company set up to manage the Agent Armstrongs Weisel Partnership to deal with development of US Cycling run by Thomas Weisel On the Board of USAC USPS Cycling Team. Owners Corporate Sponsor 14 Ward W Woods (Bessemer Securities) and UsacDF included Montgomerey Securi- Board Members Included Thom Weisel (President) 15 Kenneth Barnett (Michigan marketing executive who was an ties (later Weisel Partners), Thom Weisel (President) Jim Ochowicz (Broker) CS&E, and Lance Armstrong. investor but claimed he had no voice in Tailwind operations) Steve Johnson Lance Armstrong (Director) Matthew Barger Board Member JOHAN BRUYNEEL CEO of USAC Steve Johnson (Director) Director at Tailwind, DS at Directors: Postal, Discovery etc. David Williams (Director) Thomas Weisel Tench Coxe (Also a Livestrong Ambassador) Terry Lee John Bucksbaum (Director) In 2000 USA Cycling Lance Armstrong Mark Bissell The Millionaires Club Williams’ relationship with was effectively bankrupt John Bucksbaum Armstrong soured. A long- Doug Ellis (Owner Slipstream Sports) Trek n Shares Owns A note on companies owned by time donator to Livestrong with a deficit of $1.4m Harvey Schiller(Assante Corp) Matthew Barger (Secretary/Treasurer) US Postal Armstrong who are sponsors of he wanted to use their logo Thom Weisel organised Bill Stapleton Livestrong. These companies actively in a brand of insoles, this Jeff Garvey Cycling Team profit from Livestrong selling their was refused and the rela- a buyout and in return Johan Bruyneel products at Livestrong Events tionship ended. placed his own directors When Floyd Landis was David Williams John Burke (Trek) considering making his alle- CEO of Williams Trading In- in charge of USA Cycling Laura Hundley (CS&E) Discovery Channel gations against Armstrong vestment Group - Invested in Williams was one of the Tailwind, Livestrong and Bart Knaggs Cycling Team people he contacted, and USACDF Williams advised him to Investor speak out, claiming he didnt give this advice because of his dispute with Armstrong. Energy Product Energy Product USA Cycling Sponsor Company part Company part owned by owned by Armstrong Armstrong Steve Johnson (CEO) Managed by Jim Ochowicz (President) CS&E Mike Plant Matthew Barger (Director) Corporate Sponsor On the board of USAC, as- Jeff Garvey sociate of Philip Anschutz Mike Plant and shareholder in Paul Pharmaceutical company most known for Sherwens Ugandan gold manufacturing the Epogen ® brand of mine EPO. Sponsor of Livestrong. Title Spon- CSE Realty Partners 7-Eleven Motorola sor of the Amgen Tour of California Real estate Investment Company Cycling Team Cycling Team LANCE ARMSTRONG Armstrong Performance Funded by: funded by Armstrong and Montgomery Securities CS&E BMC Team Phonak Smith Barney And Dean Witter Cycling Team “Advisor” Board Included Lewis Coleman Armstrong credited Epogen with saving his life during cancer treatment Kevin Sharer (CEO) MarketingAgreement The “Millionaires Club”, Long time donators to USA Cycling, many were owners of Tailwind Sports, Sponsors or Fundraisers for Livestrong, and most are on the board at USA Cycling. These are the men that controlled the sport in America. All enjoy the trappings of these associa- tions, rides with Lance, contact with the Pro’s as well as being members of the USA Development Foundation bringing through the young American Riders in the sport. Many such as Michael Patterson, Robson Walton and Bennett Dorrance also compete as Masters racers. Coach Coach of Armstrong and various Postal Notable members include John Doerr (Board member at Google), Walton (Chairman of Wal-Mart) and Dorrance, Heir to the Campbells Soup riders. Sponsor of Discovery and had a Sports Manage- Empire marketing agreement with USA Cycling. Sponsor/Coach ment Company Hein Verbruggen HoldingsCS&E originally behind Board Members include: Bart Knaggs Mellow Johnnys the 2015 World Sports management company Championship Aviation based in Austin. Involved in the bid, and the Tour organisationof Livestrong Chal- Owned the Plane Chartered of Ireland lenge races and affiliates of Pedal by Livestrong Darach McQuaid Hard Training Centre Laura Ritts (CFO) Tim Millar Bart Knaggs (Manager) David Kalman Dan Rubin “Bike Shop” Owned by Kirk Leidy SOURCES Armstrong. Managed and (Former USAC AEG Nycomed Salutar supported by CS&E President) Sources Include (Not all listed): Jeff Garvey Lance Armstrong Training centre Sports management company Bakers Bay Lot 49 based at Mellow http://www.livestrong.org/Who-We-Are/Our-Strength/Our-Leaders/Board-of-Directors Founding Chair of LS Jeff Garvey based in Atlanta. Involved in the Philip Anschutz Johnny’s. Owned http://www.livestrong.org/Who-We-Are/Our-Strength/Our-Donors/Team-LIVESTRONG-Sponsors Board at Mellow Johnnys Robbie Brennen organisation of Livestrong Chal- LLC With Armstrong and CS&E Listed as Directors. and run by Kevin Andrew Messick (Former President) Biotech company USAC, and UsacDF lenge races and affiliates of Pedal http://www.esoles.com/news/institutionalinvestor070327.pdf Craig Staley The company is registered as “Bakers Bay Lot 49 Livingston, former manufacturing Actovegin Founder of Austin Laura Ritts (CFO) Group L L C” whose registered address is the Four Hard Training Centre. Also in- http://tinyurl.com/d6angbv rider at Motorola, volved in Tours of Georgia, China, found in the rubbish of the US Postal Ventures. NXStep Capital Holdings Seasons Hotel in Austin where CS&E have a suite http://www.corporationwiki.com Cofidis and US Missouri, Utah, USPCC, Tour du team during the 2000 Tour de France. Non-Profit bidding for the 2015 Postal, Pont, and Amgen Tour of Califor- http://www.evanta.com/cfo/summit/los-angeles/2010/speakers World Championships Montgomery has financial holdings in nia. Medallist is also a technical http://www.examiner.com/article/lance-armstrong-s-new-sweet-deal-buys-part-ownership-of-honey-stinger-energy-product Philip Anschutz Key Personel: Lewis Coleman 5am Ventures whose CEO was former partner in Richmond 2015 inc. Tim Millar http://forbes.com Director at Montgomery, CEO of Nycomed. Actovegin was not Bakers Bay are property lots in the Bahamas of approx 1.5acres each http://www.gene.com/gene/about/corporate/management/board_of_directors.html Amgen, and banned by the UCI until 2001 valued at around $4m each. There is a certain amount of controversy from the local residents over David Kalman Dreamworks the
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