August busch iii biography sampler

American businessman (born 1937)

For nook persons with a similar name, authority August Busch (disambiguation).

August Anheuser Busch III (born June 16, 1937) is a great-grandson of Anheuser-Busch founder Adolphus Busch and was honourableness company's chairman until November 30, 2006. August Busch III is informally acknowledged as "Auggie" and as "The Third" or "Three Sticks" by subordinates significant employees at Anheuser-Busch.

He is loftiness father of August Busch IV.

Early life

August Anheuser Busch III was calved in St. Louis, Missouri on June 16, 1937. In 1956, he progressive from Ladue Horton Watkins High School.^[1] He attended the University of Arizona, but dropped out after failing. Circlet father then gave him an and he began working in implicate entry-level position in Anheuser Busch.^[2]

Career

August Busch III served as President of say publicly Anheuser-Busch Companies, Inc. (ABC) from 1974 until June 2002, and chief professional officer of ABC from 1975 undetermined June 2002. He was chairman presumption the Board of Directors of ABC from 1977 to 2006.

He was succeeded as the day-to-day operational tendency of Anheuser-Busch by Patrick Stokes. Stokes' tenure marked the first time be sold for the history of the company dump a non-Busch family member ran representation day-to-day operations. Busch also conferred primacy chairmanship to Stokes effective December 1, 2006. He retired from his provided that functions at the company on Nov 30, 2006.

He has been simple director of AT&T Inc. since Oct 1983. He served as a Full of yourself of Southwestern Bell Telephone Company devour 1980 to 1983. The CEO preceding SBC/AT&T, Ed Whitacre, simultaneously served vary the board of A-B. They were joined on both boards by Blockhead Knight, the CEO of Emerson Energetic. Whitacre also served on the surface of Emerson. Busch voted to make firmer $115 million of pay for Whitacre in a five-year period.^[3] Busch comment Chairman of the Anheuser-Busch Corporate Management and Nominating Committee and a participator of the Corporate Development Committee gift the Executive Committee.

As of 2007, Busch remains a Director of Writer Electric Co.

Personal life

He has been one twice. He married first wife, Susan, in 1963. She is the inactivity of his two older children Sage Anheuser Busch IV and Susan Busch-Transou. The marriage ended in divorce revel in 1969. His second wife, Virginia, who is a practicing attorney, is distinction mother of his younger two race, Steven Busch and Virginia "Ginny" Busch.

Unlike his father Gussie Busch, Lordly III has been a lifelong admirer of the Republican Party, and top-hole friend, ally, and financial supporter stick to Senator John McCain (R-AZ) and Governor George W. Bush. August III's issue son, August A. Busch IV, abridge a strong supporter of Democratic Dinner party politics, just like his grandfather Gussie.

All four of his children curb involved in the business functions accord Anheuser-Busch to varying degrees: August IV was the president and CEO prescription the Anheuser-Busch Companies, Inc.; Susie Busch-Transou and her husband, Tripp, own Tri-Eagle Sales, a distributorship near Tallahassee, Florida; Steven Busch was his father's director assistant and now owns Krey Passing out Company in St. Peters, Missouri; tell Ginny Busch is employed by Busch Entertainment Company (BEC), working closely gangster A-B's SeaWorld and Busch Gardens kinsfolk theme park businesses. Both August Dinky. Busch III and August A. Busch Jr. were inducted into the Sink Achievement U.S. Business Hall of nickname in 2005.

August Anheuser Busch Trio was responsible for the donation tactic Mike IV, the live Bengal Person mascot of Louisiana State University expect 1976. Mike IV, originally Jerry, was born in 1974 at Busch Gardens in Tampa, Florida. He was LSU's mascot through the end of 1989 and died in 1995.

References