On average, Ford Motor Co executives and independent directors trade stock every 26 days with the average trade being worth of $1,405,464. [2] He is also executive chairman of Barrick Gold Corporation [3] [4] and non-executive chairman of PineBridge Investments. A foreclosure sale is planned July 3 on the steps of the Marion County courthouse for the undeveloped portion of Jasper Mountain. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. Leadership Award Winner, Roger Pickett Selected As M.C. His realty broker, Kenton Gangwer of Jackson Hole Realty, began talking up the ranch to high-net-worth clients who might be interested in buying pieces. The largest trade John's ever made was selling 653,177 units of SolarWinds Corp stock on 18 November 2009 worth over $11,698,400. .searchbrowse-wrap {width:100%; margin: 0 0 10%; padding: 0 0 5% 0; border-bottom: 1px #e5e5e5 solid;} "This has no impact on the first two phases of our development and sales are continuing to be strong," Thornton said Thursday. She has returned to UT Knoxvilles Clarence Brown Theater to star in Steel Magnolias (1990), Our Countrys Good (1994), The Rainmaker (2001), A Streetcar Named Desire (2009) and Sweeney Todd (2012). Mr. Thornton serves on the Board of SparkCognition, a leading industrial artificial intelligence company. https://volopedia.lib.utk.edu/entries/john-thornton/, - Hodges Library 253 - eXperience Point Lab, A Lens into Appalachia: A Conversation with Documentary Filmmakers, Event: Title IX Impact on UT and Beyond, Big Orange Give Celebrates Tenth Anniversary, UT Libraries Unveils Digital Membership Card for Donors, "Bearing the Torch": A Conversation with Bob Hutton and Jack Neely. The former jockey studied at the University of Tennessee at Chattanooga, where an elective class in theater decided, his future. Sasser began his collegiate career at the University of Tennessee, attending from 1954 to 1955 before he transferred to Vanderbilt University. We both wanted to eat, but he wanted me to do all the hunting.. In addition, he makes $340,441 as Independent Director at Ford Motor Co. John Thornton owns over 96,154 units of SolarWinds Corp stock worth over $11,589,518 and over the last 14 years John sold SWI stock worth over $14,034,425. But the foreclosure fight could threaten future development of the mountain, including a potential vegetable-growing business that was looking at locating in the area. He is also the non-executive chairman of PineBridge Investments and the executive chairman of Barrick Gold Corporation Thornton left Goldman Sachs as a co-president in 2003. Andy Holt was born in 1904 in West Tennessee and came from a family of educators. Net Worth in 2022: $1 Million - $5 Million . Best Lawyers is a paid advertising product. The fact of the matter is that these big companies are unable to see beyond their strangleholds. Thornton previously had won a judgment against the businesses, but sought a personal judgment against the Maryville developer, as well. He is a Professor, Director of the Global Leadership Program, and a Member of the Advisory Board of the Tsinghua University School of Economics and Management in Beijing. John C. Thornton's House (Google Maps). He has also served on boards at UT Chattanooga and is an active civic leader in Chattanooga. PHOTO COURTESY KNOXVILLE NEWS SENTINEL Developers John Thunder Thornton (left) and Mike Ross. In a lawsuit filed Thursday in Marion County Chancery Court, Thornton claims that Chattanooga Agricultural Credit Association "acted in bad faith and with unclean hands" by initiating foreclosure action against Thornton's business just after he got approval to build a road up to Jasper Mountain. airtight logic of a madman living inside of a Terry Gilliam film. He knew there was no way he could win a bidding contest against a zillionaire. Structural Info Known for movies The Giant of Thunder Mountain 1991 as Boy #2 (Boys Club) Source IMDB Wikipedia He was indicted in 2012 on federal charges of mail fraud, wire fraud and money laundering, but those charges were later dismissed. Get up-to-the-minute news sent straight to your device. But the most serious came from a man named Farhad Ebrahimi, cofounder of Denver software-publishing giant Quark, Inc. As soon as I saw him, I knew he was trouble, says Thornton. Thornton paid through the nose for the last chunk: an upfront fee of $3 million, and 20% interest. #searchbrowse-right {width:45%; float:left; margin: 0 2%; background: transparent;} Some names remain so tied to the University of Tennessee that the natural assumption is that they are alumni. ul.searchbrowse li a:hover {color:#676767; border-bottom: 1px dotted #676767}. Ross previously has said it was his companys intention that as long as there was cash flow and lot sales there would be enough funds to build the amenities, but he also has acknowledged that during the initial phase of development, some money from Rarity Club sales probably was reinvested in other projects. feels that squeezing out resources is best done for a profit and with no regard towards the betterment of humanity. Jordan played newspaper editor Mr. Blackly in the 2011 movie The Help and most recently appeared in American Horror Story: Roanoke after having previously appeared in American Horror Story: Coven. He says 13 is his lucky number and bids $52 million, 13 cents. The largest trade he's ever made was buying 10,200 units of Ford Motor Co stock on 23 May 2019 worth over $100,062. John Thunder Thornton, a significant University of Tennessee donor, had sued Ross and a pair of business entities related to Ross over Rarity Club, a waterfront project in Marion County, TN. On average, John trades about 296 units every 57 days since 2003. Born in Providence, Rhode Island, McCarthy moved with his family to Knoxville when he was 4. Over the last 14 years, insiders at SolarWinds Corp have traded over $2,104,005,579 worth of SolarWinds Corp stock and bought 60,000 units worth $1,498,550 He and his wife, Eileen, have a proposal before the Planning Commission. John Thornton owns over 96,154 units of SolarWinds Corp stock worth over $12,087,147 and over the last 14 years John sold SWI stock worth over $14,034,425. Bloomberg Markets European Close. He graduated from Knoxville Catholic High School in 1951 and completed one year at UT Knoxville before he joined the U.S. Air Force. Thornton has launched himself into developing part of the Crescent H, built in the late 1920s by Heinz Ketchup money. It's like owning diamond mines in South Africa. Chattanooga businessman and developer John "Thunder" Thornton is proposing to subdivide his 10-acre Riverview estate. He earned a bachelors degree at Emory University in Atlanta and a doctoral degree at Columbia University in New York in 1937. Kos Media, LLC. John's mailing address filed with the SEC is ONE AMERICAN ROAD, , DEARBORN, MI, 48126. PASCAGOULA, Mississippi -- John "Thunder" Thornton, a virtual legend in Pascagoula for both his football exploits and ownership of an iconic business, has died at the age of 68. On average, John trades about 105,577 units every 222 days since 2009. Most recently John bought 96,154 units of SWI stock worth $1,153,848 on 12 November 2014. Browse and discover the Volunteer tradition. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. John has made over 4 trades of the SolarWinds Corp stock since 2009, according to the Form 4 filled with the SEC. Thunder Enterprises, a Chattanooga-based investment and real estate development firm, builds homes and communities in Tennessee, Wyoming, Montana, North Carolina and Hawaii. I might have gone as high as $80 million in an open auction where we could have kept bidding, Ebrahimi says. He lives in a 22,908-square-foot residence, according to the Hamilton County. Because he was personally responsible for that projects failure, and no one else.. His novels Child of God and Suttree continued his exploration of East Tennessee and Appalachian themes. John Thornton owns over 243,663 units of Mitek Systems Inc stock worth over $435,958 and over the last 17 years John sold MITK stock worth over $26,355,212. Under Holt, enrollment tripled; faculty and staff doubled; eight new buildings were added to the Knoxville campus; funding increased 400 percent; the Martin campus added graduate programs; the Space Institute was established in Tullahoma; the formerly private University of Chattanooga became part of the new UT System; and a distinguished science program was initiated in cooperation with Oak Ridge National Laboratory. [5] ourtennessee@tennessee.edu, A History of Generous Giving Means a More Prosperous Tennessee Future. The newly acquired site is. They would kick in $8 million more, giving Thornton total firepower of $54 million. His first novel, The Orchard Keeper, published in 1965, won the William Faulkner Award. In an interview Tuesday, Ross said he couldn't afford an attorney, and said the jury deadlocked. He wore the same wrinkled suit, day after day. In 1992, Thornton founded and began serving as chairman of Thunder Air, a developer of high-end homes and master-planned communities. Once Im sure the auction is concluded, Thornton continues, I stand up, and look hard at Ebrahimi. One man in Tennessee isn't waiting for his corrupted officialshe built his own broadband network. The 13-page lawsuit filed by Thornton's attorney, Bill Horton, acknowledges that "due to the severe economic downturn" the loan "has been in technical default." Its been 32 years since Knoxville-born Diana Dale Dickey was a UT Knoxville student. Sasser was trapped inside the besieged embassy for four days. Thunder Enterprises, a Chattanooga-based investment and real estate development firm, builds homes and communities in Tennessee, Wyoming, Montana, North Carolina and Hawaii. Here are a few of UTs favorite adopted sons and daughters. Time to use some poker smarts. Mr. Thornton owns over 8,620 units of Ford Motor Co stock worth over $2,982,171 and over the last 19 years he sold F stock worth over $0. $1 Million - $5 Million. John's mailing address filed with the SEC is 300 W. 6TH STREET, SUITE 2300, , AUSTIN, TX, 78701. The property owner would like to downsize and keep the property intact with large, estate lots.". Thornton sold his interests in 2006 to Ross and Rarity Investment Co. LLC, but kept a second mortgage on the property that was to be paid off as lots were sold. For some, the university provided a brief stop during their educational journeys. Sasser won his U.S. Senate race in 1976, defeating incumbent Bill Brock, who had previously defeated Gore. Unfortunately, Comcast isnt the only telecom with monopoly greeds needs and soAT&T launched their corporate hyena squadand threw around some big moneyat and into Chattanooga. Ross has been fighting courtroom battles for years, since his sprawling portfolio of upscale residential communities collapsed during the Great Recession of 2007-2009. Hes grinning ear to ear. He is also Vice Chairman of the Morehouse College Board of Trustees.. As the Independent Director of Ford Motor Co, the total compensation of John Thornton at Ford Motor Co is $340,441. PHOTO COURTESY CHATTANOOGA TIMES FREE PRESS The estimated Net Worth of John L Thornton is at least $3.32 Million dollars as of 23 February 2021. At 4 feet 11 inches, Leslie Jordan stands tall for comedy. PHOTO COURTESY KNOXVILLE NEWS SENTINEL Its products give organizations worldwide-regardless of type, size, or complexity-the power to monitor and manage their IT services, infrastructures, and applications; whether on-premises, in the cloud, or via hybrid models. His death was announced Wednesday on the Facebook page of Thunder's Tavern, the Pascagoula night spot and live music venue he had owned since 1977. Stay persistent.. During that historic time, China continued opening to the West, though it wasnt without trouble. John Thornton's income source is mostly from being a successful . Thornton started calling around. JOHN THORNTON, 44, of Chattanooga, is rich, but not Forbes Four Hundred rich. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. McNiff turned him down. ChatGPT Sounds Exactly Like Us. My heart sank.. Officials said, "The owner plans to put covenants in place to protect thenatural features and views from this property that overlook the Tennessee River and downtown.". The estimated Net Worth of John M Thornton is at least $26.8 Million dollars as of 17 February 2016. John C. Thornton has been chief executive officer of Thunder Enterprises since he founded the company in 1991the first of many successful business ventures he established. Mr. Thornton also previously served as Chairman of Goldman Sachs Asia and as Co-Chief Executive of Goldman Sachs International, overseeing the firm's business in Europe, the Middle East, and Africa. For his part, Ebrahimi wonders why Thornton was ever given the right to match the high bid. You could see the blood drain from his face. At that moment Ebrahimi realized Thornton had bluffed him. He often returns to his hometown of Chattanooga and recently served as master of ceremonies for Chattanooga Cares, which raises money for HIV education, prevention and support. Chattanooga businessman and developer John "Thunder" Thornton is proposing to subdivide his 10-acre Riverview estate. As senator, Sasser served as chairman of the Senate Budget Committee from1989 until he relinquished his seat to Frist. He traveled with Chinese president Jiang Semin on his historic visit to the United States. He earned the bachelors degree in business management from Tennessee Wesleyan College in 1975. 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Most recently he bought 8,620 units of F stock worth $100,164 on 23 February 2021. His floors were made of fossils and other crazy shit. This called for some old-fashioned bluffing. Hes got a smile on his face as wide as a wave in a slop bucket, says Thornton. A high-profile Chattanooga developer has won a multi-million-dollar judgment against Rarity Communities developer Mike Ross, but whether he collects it is another question. There are 15 executives at Ford Motor Co getting paid more, with WilliamFord having the highest compensation of $16,757,200. He also serves as the executive chairman of Barrick Gold Corporation and the non-executive chairman of PineBridge Investments. He began his business career selling knockoffs of oriental carpets. John Thornton SWI stock SEC Form 4 insiders trading This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap. This was big money, Silicon Valley-type IPO money. Thornton then settled down for some serious fly-fishing, buying a second home in the Teton Pines development in trendy Jackson Hole, Wyo. I didn't want to agree to any punitive damages, because I didn't do anything wrong. Knoxville, TN 37996 SolarWinds is a leading provider of powerful and affordable IT management software. Thornton was still in the picture, but barely. 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He won a 2006 Emmy for best guest actor in a comedy series with his portrayal of Beverley Leslie on Will and Grace. Thornton continued his development business from Thunder Enterprises headquarters in Chattanooga. Its focus on the user and commitment to excellence in end-to-end hybrid IT management has established SolarWinds as a worldwide leader in solutions for network and IT service management, application performance, and managed services. After selling his business, he bought a second home in the Teton Pines development in Jackson Hole, Wyoming. Using the fiber optic system that the North Alabama Electric Coop created to help set up a Google data site at the shuttered Widows Creek coal plant, Thornton announced Thursday his Jasper Highlands near Kimball, Tenn., is now able to offer high-speed, gigabit-per-second Internet service for all home sites in his 3,000-acre complex. John C. Thornton has been chief executive officer of Thunder Enterprises since he founded the company in 1991the first of many successful business ventures he established. Last year, the governor came in at No. Other TV shows in which he has appeared include Ugly Betty, Hearts Afire, Nash Bridges, Boston Legal, Reba, Sordid Lives and Star Trek: Voyager. The oldest executive at Ford Motor Co. is EdselFord, 71, who is the Director. He will build only 23 exclusive homes on 700 acres along the Snake River. #searchlist h2 a {color:#222; text-decoration:none; } Senator. 1015 Volunteer Boulevard Thornton closed the deal 12 days later, on June 25. Thornton's Thunder Enterprises has acquired 7,400 acres in Marion County not far from its Jasper Highlands community, which is set to sell out sooner than expected. Instead, he completed 10 novels, many to critical acclaim. They do not actually innovate anymore because they spend their resources maintaining a monopoly and not creating a better product. Thornton previously had won a judgment against the businesses, but sought a personal judgment against the Maryville developer, as well. In an interview Tuesday, Ross said he couldnt afford an attorney, and said the jury deadlocked. Tenacity is a big thing youve got to have out there, no matter what it is you are going after. He put a big Must Sell sign up in front of his Teton Pines house and camped at the local Super 8 Motel. "The foreclosure action isn't in the best interests of the bank or the community," said Dane Bradshaw, president of Thunder Enterprises who has worked on developing Jasper Highlands. UT Tower 1248C All rights reserved. The most active insiders traders include Jeff Horing, Benjamin Nye, and Venture Partners V L P Insi. Plus, of course, the remaining 700 acres, 250 of which he intends to give to the Jackson Hole Land Trust or the Nature Conservancy. A graduate of Tennessee Wesleyan, Mr. Thornton was president of American Rug Craftsmen, Inc., and he has been involved in numerous land development ventures in Wyoming and Tennessee. The estimated Net Worth of John L Thornton is at least $3.32 Million dollars as of 23 February 2021. Mr. Thornton owns over 8,620 units of Ford Motor Co stock worth over $2,979,631 and over the last 19 years he sold F stock worth over $0. And yet upon inspection, they do not have a diploma from the University of Tennessee. In 1984 he founded American Rug Craftsman, the nations largest producer of decorative floor mats. The land belonged to a bankrupt California developer, Donald Albrecht. He became a land developer with his 1997 purchase at auction of the 1,300-acre Crescent H Ranch with one-and-one-half miles of unspoiled Snake River waterfront for $52 million. John C. Thornton is Founder and CEO of real estate development company Thunder Enterprises. If fully developed, the property could include up to 3,200 homes and be bigger than Signal Mountain. Can you donate $3 right now to help Daily Kos keep fighting? You have permission to edit this article. His net worth has been growing significantly in 2021-2022. Developer Mike Ross to pay John Thornton $15 million January 16, 2015 at 1:00 a.m. | Updated January 21, 2015 at 10:24 a.m. by Dave Flessner Development has stalled at Rarity Club on Nickajack. I wanted nothing more than to pursue my dream of acting, which I learned here at the University of Tennessee, she told the December 2015 graduating class at commencement where she received an honorary masters degree in fine arts. Mr. Thornton is Co-Chair of the Asia Society, and is also a trustee, advisory board member or member of, the China Investment Corporation (CIC), Confucius Institute Headquarters, King Abdullah University of Science and Technology, McKinsey Advisory Council, Schwarzman Scholars, and the African Leadership Academy. He also fought to include African Americans in state delegations to NEA conventions and later persuaded UT trustees to integrate undergraduate education, admitting the first African American students in 1961. Riverton, a potential $300 millionresidential and commercial projectin North Chattanooga, won changes to suit a new master plan for the parcel that was bought last year by local developer John "Thunder" Thornton's Thunder Enterprises. He earned the bachelor's degree in business management from Tennessee Wesleyan College in 1975. AT&T launched their corporate hyena squad. The company continually posted $100 million in annual sales and was twice chosen from a supplier pool of eight thousand as Walmarts Vendor of the Year, as well as J. C. Penneys Supplier of the Year. NEW! The small guest houses would beallowed on lots 4, 5, and 6. John Thornton John "Thunder" Thornton was born and grew up in Maryville, Tennessee. The estimated Net Worth of John L Thornton is at least $3.32 Million dollars as of 23 February 2021. The next morning, Friday, June 13, in a Casper, Wyo. I often think of UT as standing for Utter Tenacity, Dickey told 2015 graduates. But by the twinkle in his eye and the grin on his face, you can tell Thornton is bluffing;again. Then he looks over at me. The finest fly-fishing water in the nation runs through his ranch. Their claims also used the airtight logic of a madman living inside of a Terry Gilliam film. A pair of large residential projects on Monday received rezoning approvals from a Chattanooga planning panel. His dissertation addressed the struggle for public support of education in Tennessee, where he subsequently became executive secretary for the Tennessee Education Association (TEA). Knoxville, TN 37902 Were as different as a grizzly bear and a buzzard, says Thornton of Ebrahimi. 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