John W. Henry
John W. Henry is an American businessman and the principal owner of Fenway Sports Group, a global sports and entertainment company he co-founded in 2001. He serves as the control person for the Boston Red Sox, Liverpool Football Club, and the Pittsburgh Penguins, and is a co-owner of RFK Racing. He purchased the Boston Red Sox in 2002 and is best known for ending the franchise's 86-year World Series championship drought, winning four titles under his ownership. He began his career as a commodities futures trader, founding John W. Henry & Company in 1981.
“Private equity bought a small stake five years ago — said to be around 11% — while actual control belongs to John Henry, a onetime hedge fund manager who bought the club in 2002. Minority investors don't make player personnel or payroll decisions.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.