Condoleezza Rice added to new Broncos ownership group
Former U.S. Secretary of State Condoleezza Rice has been added to the brand new Broncos possession group.
Rob Walton introduced the inclusion of Rice in a press release issued Monday on behalf of the Walton-Penner household possession group. The group agreed to purchase the franchise from the Pat Bowlen Belief final month for a reported $4.65 billion. It is pending approval by the NFL.
“A extremely revered public servant, completed educational and company chief, Secretary Rice is effectively often known as a passionate and educated soccer fan who has labored to make the game stronger and higher,” Walton stated in a press release. “Her distinctive expertise and extraordinary judgment might be a fantastic profit to our group and the Broncos group.”
Rice has sturdy ties to the Denver neighborhood. She obtained her undergraduate diploma and Ph.D. from the College of Denver.
The previous provost at Stanford College, Rice served as Secretary of State below President George W. Bush from 2005-09. She’s additionally been on the Faculty Soccer Playoff choice committee and chaired a fee on school basketball.
The brand new possession group is led by Walton and contains his daughter, Carrie Walton Penner, and her husband, Greg Penner.
Walton, 77, was chairman of Walmart, the world’s largest retailer, from 1992-2015, when he retired. He’s the eldest son of founder Sam Walton and Helen Walton and has an estimated internet price of practically $60 billion US.
