On November 19, 2015, we took an important step in the ongoing review of our internal standards, practices, and controls by forming a new independent advisory board. The board brings together respected leaders from government, law, compliance and sports. Together, this distinguished group will advise on evolving governance and regulatory issues to FanDuel’s board of directors for this growing and increasingly popular industry. The members of the Advisory Board include:
Tom Ridge is Chairman of Ridge Global. He provides clients with solutions to cyber security, international security and risk management issues. Following the tragic events of September 11th, 2001, Tom Ridge became the first Assistant to the President for Homeland Security and, on January 24, 2003, became the first Secretary of the U.S. Department of Homeland Security. The creation of the country's 15th Cabinet Department marked the largest reorganization of government since the Truman administration and another call to service for the former soldier, congressman and governor of Pennsylvania. During his DHS tenure, Secretary Ridge worked with more than 180,000 employees from a combined 22 agencies to create an agency that facilitated the flow of people and goods, instituted layered security at air, land and seaports, developed a unified national response and recovery plan, protected critical infrastructure, integrated new technology and improved information sharing worldwide. Tom Ridge served as Secretary of this historic and critical endeavor until February 1, 2005. Before the events of September 11th, Tom Ridge was twice elected Governor of Pennsylvania. He served as the state's 43rd governor from 1995 to 2001. Governor Ridge's aggressive technology strategy helped fuel the state's advances in economic development, education, health care and the environment. He serves on the boards of the Institute for Defense Analyses, the Center for the Study of the Presidency and Congress and other private and public entities. He is currently chairman of the U.S. Chamber of Commerce's National Security Task Force. He graduated from Harvard with honors. After his first year at Penn State University's Dickinson School of Law, he was drafted into the U.S. Army, where he served as an infantry staff sergeant in Vietnam, earning the Bronze Star for Valor, the Combat Infantry Badge and the Vietnamese Cross of Gallantry. After returning to Pennsylvania and to Dickinson, he earned his law degree and, later, became one of the first Vietnam combat veterans elected to the U.S. House of Representatives, where he served six terms.
Mr. Terdema L. Ussery, II has served as the President of Global Sports Categories at Under Armour, Inc. since September 14, 2015. Mr. Ussery was responsible for spearheading category management across all key brand and business units around the world to drive authenticity and connectivity with consumers. Mr. Ussery had previously served as the President and Chief Executive Officer of the Dallas Mavericks from April 1997 until July 16, 2015. Mr. Ussery also served as the Chief Executive Officer of AXS TV LLC (HDNet LLC) from September 2001 to June 2012. Prior to joining the Dallas Mavericks, he served as the President of Nike Sports Management from 1993 to 1996. At Nike, he was included on The Sporting News’ annual list of the 100 most powerful people in sports. Mr. Ussery served as a Commissioner of the Continental Basketball Association (“CBA”) from 1991 to 1993, and previously served as a Deputy Commissioner and General Counsel of the CBA from 1990 to 1991. Prior to joining the CBA, he was an attorney at Morrison & Foerster, LLP from 1987 to 1990, where he practiced business and entertainment law. He is a highly respected leader with an extraordinary reputation and track record of success. He has been a Director of Fantex, Inc. since June 2013, and has been a Director of Treehouse Foods Inc. since June 6, 2005 and served as its Lead Independent Director. He serves on the Advisory Board of Wingate Partners, LLP. He also served as a Director of Entrust, Inc. from December 2006 to November 2009, and as a Director of Timberland LLC (Timberland Co.) from May 19, 2005 to September 13, 2011. He serves as a Trustee of Communities Foundation of Texas, as well as the Andre Agassi Charitable Foundation Board, and as Chairman of the Board of Commissioners of the Dallas Housing Authority. He also serves as a Director of the Dallas Symphony Orchestra, the Salvation Army, and the Texas Higher Education Coordinating Board, and is a Trustee of Princeton University. He is also a Member of the Council on Foreign Relations. Mr. Ussery has taught as an Adjunct Professor at several graduate institutions, including the University of Denver’s Graduate School of Business Administration, where he taught business ethics and corporate governance. He received a J.D. from the University of California at Berkeley in 1987, where he served as an Executive Editor of the California Law Review, an M.P.A. from John F. Kennedy School of Government at Harvard University, and a B.A. from Princeton’s Woodrow Wilson School of Public and International Affairs in 1981.
In August 2014, after a nationwide search, Tim Brosnan was chosen to be one of three finalists to stand for election as the tenth Commissioner of Major League Baseball. Brosnan began his career at Major League Baseball in 1991 as Vice President, Business Affairs in Major League Baseball International before being named as its President and CEO two years later. In February 2000, Tim was named Executive Vice President, Business overseeing all worldwide business functions of Major League Baseball, including Broadcasting and Media Rights, Licensing, Corporate Sales, Marketing, Special Events, MLB Charities, and MLB Productions. In 2002 he was given additional responsibility as President/CEO of Major League Baseball Enterprises.
Among his more prominent roles at Baseball, Tim spearheaded negotiations for all national media rights at MLB. Under Tim’s leadership in 2012 MLB struck agreements totaling more than $12.4 billion, more than doubling the fees that Brosnan previously negotiated. Brosnan completed other landmark media deals, among them the 2004 XM Satellite Radio agreement for $650 million, the largest non-television media deal in sports history.
Brosnan was also tabbed by MLB ownership to develop and launch the MLB Network, a planned 24/7 baseball-only cable channel. In 2007, MLB announced it had reached agreements for the MLB Network to air in nearly 50 million households, at its launch the most successful of any in cable television history. The MLB Network remains the fastest growing, adding nearly 20 million homes since its launch.
In all, the businesses Tim managed exceeded $1.4 billion in revenues in 2014 with retail sales exceeding $4 billion worldwide. Tim was the key force behind many of the game’s innovative business initiatives in recent years, including the World Baseball Classic, the one game Wild Card “play in,” the All Star Game being played for home field advantage and MLB’s All-Star week of events celebrating Baseball, including the introduction of the first “Red Carpet” for sports at the 2005 All Star Game.
During Brosnan’s tenure sales of licensed goods more than tripled and annual investments by national sponsors grew from tens of millions to half a billion dollars per year. International revenues grew more than ten-fold and broadcast distribution grew to over 200 countries around the world.
Brosnan serves on a number of boards focused on education and youth development. He currently is a member of the Board of Directors of the Cal Ripken Sr. Foundation and the Partnership for Drug Free Kids. Brosnan also serves on the Board of Regents at Georgetown University, where he chairs the Athletic Committee. He also served on the Board of Directors of the Baseball Tomorrow Fund and was appointed by Mayor Michael R. Bloomberg to serve as a member of the Sports Development Corporation for the City of New York. He is a former member of the Mental Health Association, the New York City Bar Association Sports Law Committee and of the Board of Trustees of Fordham Preparatory School. Brosnan is a founder and Board Member Emeritus of both the George Jackson Academy and De La Salle Academy, each a private non-profit school for underprivileged, gifted children.
For nine years through 2014, The Sports Business Journal named Brosnan among the “50 Most Influential People in Sports” and The Sporting News named him for eleven years as among the “100 Most Powerful People in Sports.” From 2006 through 2011, Irish America Magazine named him to its annual Business 100, a compilation of the top one hundred Irish Americans in business.
Prior to his long career at MLB, in 1987 Governor Mario Cuomo appointed Brosnan to the NYS Commission on Government Integrity, where in 1989 he rose to become Counsel to the Chairman.
Tim earned a BA from Georgetown University where he was a four-year letter winner and captain of the baseball team, and a JD from Fordham University School of Law, where he was President of the Student Bar Association. He and his wife, Claire O’Brien, have three children and reside in Westchester County, New York.