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From Wikipedia, the free encyclopedia

Peter Seidler (born 1960) is an American businessman. He is the chairman for the San Diego Padres of Major League Baseball.

Seidler is the grandson of Walter O'Malley and nephew of Peter O'Malley.[1] He earned a bachelor's degree in finance from the University of Virginia and a Master of Business Administration from the University of California, Los Angeles.[2] Seidler founded a private equity firm, Seidler Equity Partners in Marina del Rey, California, and is the managing partner.[1] The firm's net worth has been estimated to be $3 billion.[3]

In 2012, Seidler, his uncle Peter, and Ron Fowler formed the O'Malley Group, which purchased the Padres from John Moores.[4] On November 18, 2020, Major League Baseball approved the transfer of the role of chairman from Fowler to Seidler, who purchased part of Fowler's stake in the team to become the largest stakeholder.[1]

References

  1. ^ a b c "Padres chairman Ron Fowler steps down; Peter Seidler to take over". San Diego Union-Tribune. November 18, 2020.
  2. ^ Showley, Roger. "San Diego's pitchmen for pro soccer". dailypress.com.
  3. ^ "The Padres' much more silent partner". November 22, 2019.
  4. ^ "Padres sold to group headed by O'Malley heirs". San Diego Union-Tribune. August 7, 2012.
This page was last edited on 4 December 2020, at 06:15
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