Word: pritzker
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...heaviest hitters were on the President's Economic Recovery Advisory Board, a committee of corporate leaders and economists whom Obama brought inside the White House to advise on everything from regulatory reform to global warming. Formed during the transition, it included top fundraisers such as Hyatt family scion Penny Pritzker, Obama's Silicon Valley ally Doerr and two ambassadors from Wall Street, UBS's Robert Wolf and private-equity investor Mark Gallogly. This foursome and their spouses had collectively given roughly $2.4 million to Democrats since 2000. Doerr's venture-capital firm, Kleiner Perkins Caufield & Byers, made more than...
...building was designed by Morphosis, the Santa Monica-based firm of the Pritzker Prize-winning architect Thom Mayne, and represents Mayne's first move into New York or for that matter the East Coast. He makes buildings like no one else's, with complex orchestrations of space and form and a tough luster that's unmistakably his. The folded and perforated metal skin of his project for Cooper Union stands out strongly in its neighborhood of mostly brick and masonry buildings, but it also speaks to the local heritage of loft industry - and of thinking outside...
...buildings tend toward the serene and Cartesian. Koolhaas is apt to arrive at the ruptured and irregular. Foster is given to sleek materials and finely honed finishes. Koolhaas isn't above slapping what looks like AstroTurf on an outdoor terrace at the Wyly. Both of them have scored the Pritzker Prize, architecture's highest honor, but, to put it mildly, not for the same reasons. (See the new Dallas Cowboys Stadium...
...Pritzker dynasty owns a variety of businesses, ranging from a cruise line to a credit-checking company, but Hyatt is seen as the crown jewel. Industry experts speculate that it's this family squabble that is forcing Hyatt...
Also, the company indicated in its IPO filing that the Pritzker family plans to retain control of the company through the issuance of two classes of shares, where family members will hold special Class B shares that entitle them to have 10 times the number of votes than those allowed by common shares. Indeed, the filing warns investors that "the concentrated control will limit your ability to influence corporate matters, and the interests of the Pritzker family business interests may not coincide with our interests or your interests...