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LARRY TANE<strong>NBA</strong>UM<br />
Chairman Of The Board, Maple Leaf Sports & Entertainment<br />
<strong>NBA</strong> Governor, Toronto Raptors<br />
Larry Tanenbaum was appointed Chairman of Maple Leaf Sports & Entertainment in July 2003. He also<br />
serves as a Governor of the <strong>NBA</strong> for the Toronto Raptors, of the NHL for the Toronto Maple Leafs and of<br />
Major League Soccer for Toronto FC. Toronto FC is the latest addition to the MLSE sports family, and began<br />
play in spring 2007 at the new 20,000 seat BMO Field located on the Exhibition grounds.<br />
Mr. Tanenbaum has shown a long-standing interest in the sports and entertainment industry and was the primary force in bringing an<br />
<strong>NBA</strong> franchise to Toronto. In the early 1990’s, Tanenbaum attempted to move established <strong>NBA</strong> clubs to Toronto and then, as head of the<br />
Palestra Group, he initiated the expansion process that opened the eyes of the <strong>NBA</strong> to Canada. Although he was unsuccessful in being<br />
awarded the initial expansion franchise, Tanenbaum established himself in <strong>NBA</strong> circles and the city as a legitimate <strong>NBA</strong> home.<br />
In 1996, Mr. Tanenbaum acquired an interest in the Toronto Maple Leafs of the National Hockey League and Maple Leaf Gardens,<br />
Limited (now Maple Leaf Sports & Entertainment). With MLG’s purchase of the Raptors and Air Canada Centre in February 1998,<br />
Tanenbaum fulfilled his goal of <strong>NBA</strong> and NHL ownership in Toronto under the same group.<br />
In 2000, Mr. Tanenbaum was appointed to the Planning Committee of the <strong>NBA</strong> Board of Governors, a group that charts the course of<br />
future direction for the league. In addition to that prestigious posting, he also serves on an <strong>NBA</strong> task force <strong>com</strong>prised of players and<br />
Board members to further the league’s <strong>com</strong>munity outreach efforts. Mr. Tanenbaum has recently been appointed to the Advisory/<br />
Finance Committee - the senior most <strong>com</strong>mittee of the <strong>NBA</strong> Board of Governors which considers and makes re<strong>com</strong>mendations to<br />
the Board concerning a wide range of financial and league business matters.<br />
Mr. Tanenbaum is currently Chairman and Chief Executive Officer of Kilmer Van Nostrand Co. Limited (KVN), having served as President<br />
& CEO from 1968 to 2000. Under his direction, Kilmer developed into a multi-faceted construction operation with operating divisions<br />
and subsidiaries covering road building and paving, ready-mix concrete, aggregates, heavy construction, trucking and pipe manufacturing.<br />
Through December 2000, Kilmer’s road building, paving and aggregates operations were conducted through Kilmer’s wholly owned<br />
subsidiary, The Warren Paving & Materials Group Limited. Mr. Tanenbaum served as Chairman of Warren, which was Canada’s largest<br />
asphalt paving <strong>com</strong>pany. Warren’s activities also included major <strong>com</strong>mercial aggregates operations, liquid asphalt trading and distribution<br />
and road maintenance. In December 2000, Warren was merged into Lafarge Corporation, North America’s largest diversified supplier<br />
of construction materials. As a result of this merger, Kilmer became a significant shareholder in Lafarge NA, and Mr. Tanenbaum served<br />
on the Board and chaired its Finance Committee until the 2006 buyout by Lafarge SA. Kilmer today manages infrastructure investments<br />
through Kilmer Brownfield Equity Fund LP, Quickload CEF Inc. and Host Kilmer Service Centres Inc.<br />
Kilmer also has significant investment in various sports-related entities, including Insight Sports Ltd, which is a leading sports <strong>media</strong><br />
<strong>com</strong>pany involved in the creation, production and broadcasting, on all platforms, of sports and related lifestyle content. Insight Sports<br />
holds equity positions in several Canadian specialty television services including The NHL Network and Score Media and owns and/or<br />
operates the World Fishing Network (WFN) and Game TV. In 2003, through Plaza Gaming and Entertainment, Kilmer invested in the<br />
charitable gaming industry in Canada. Through its operations in Ontario and BC, Plaza’s facilities raise over $20 million per year for<br />
local municipal charities.<br />
In addition, Mr. Tanenbaum serves as Chairman of Kilmer Capital Partners, a private equity investment fund, which provides equity<br />
capital to small to mid-market <strong>com</strong>panies, and is dedicated to building leading <strong>com</strong>panies in partnership with management. Kilmer<br />
Capital’s portfolio includes Unisync Group Ltd., Hydropool Industries Inc., McGregor Industries Inc., Algorithme Pharma Inc., Coalision<br />
and Tribal Sportswear.<br />
Mr. Tanenbaum served as National Revenue Chair of the Liberal Party of Canada during Prime Minister Paul Martin’s term of office. He<br />
currently serves as a member of the Ontario Investment and Trade Advisory Council, and recently served on the Independent Fiscal<br />
Review Panel of the City of Toronto and the Mayor’s Economic Competitiveness Advisory Committee of the City of Toronto.<br />
Mr. Tanenbaum’s involvement in Community Associations includes the following: Vice-Chairman, Board of Directors, Mount Sinai<br />
Hospital – a tertiary care teaching hospital associated with the University of Toronto; Co-Chairman of the Research Committee for the<br />
Samuel Lunenfeld Research Institute; Member, Board of Directors, NeuroScience Canada; Member, University Council, Cornell<br />
University; Member, Advisory Board, Baycrest Centre for Geriatric Care; Member, Dean’s Advisory Council, Schulich School of Business,<br />
York University; Member, National Board of The Canadian Council of Christians & Jews; Member, Board of Directors, Miller Thomson<br />
Foundation; Founding Member, Canadian Council for Israel and Jewish Advocacy (CIJA), and Co-Chair, Tomorrow Campaign for UJA<br />
Federation.<br />
In recognition of his contributions in the areas of business, philanthropy, and volunteerism, Mr. Tanenbaum was appointed an Officer of<br />
the Order of Canada on October 25, 2007. The Order of Canada is the centrepiece of Canada’s honors system and represents its<br />
highest civilian award.<br />
Mr. Tanenbaum has a Bachelor of Science degree in Economics from Cornell University (1968).<br />
TORONTO RAPTORS 2009-10 PRESEASON