Stacy H. Schusterman

Stacy H. Schusterman (born c. 1963) is an American heiress, businesswoman and philanthropist.

Stacy Helen Schusterman
Bornc. 1963
Alma materYale University
McCombs School of Business
OccupationBusinesswoman, philanthropist
Spouse(s)Steven H. Dow
Children3
Parent(s)Charles Schusterman
Lynn Schusterman

Schusterman served as the chief executive officer of her family business, Samson Resources, a Tulsa, Oklahoma-based oil and gas company, from 2000 until its $7.2 billion buyout by Kohlberg Kravis Roberts in 2011. She serves as the chair and chief executive officer of Samson Energy, a deepwater drilling company in the Gulf Coast of the United States.

Schusterman is the founder of Granite Properties, a Plano, Texas-based real estate investment company, and Black Coral Capital, a Boston, Massachusetts-based clean technology investment firm.

Schusterman supports Jewish causes in the United States and Israel.

Early life

Stacy H. Schusterman was born circa 1963.[1] Her father, Charles Schusterman, was an oilman and philanthropist.[2] Her mother, Lynn Schusterman, is a billionaire philanthropist. She has two brothers, Jay and Hal, who live in Israel.[3]

Schusterman studied in Israel in 1983. She returned to the United States and eventually graduated from Yale University in 1985.[1][4] She received a master in business administration from the McCombs School of Business at the University of Texas at Austin.[1]

Business career

Schusterman started her career at her father's oil and gas company, Samson Resources. She served as its chief executive officer from 2000 to 2011, when she sold it to Kohlberg Kravis Roberts for $7.2 billion.[1] During her tenure as CEO, Schusterman switched the company investments from clean gas to oil, shale gas and tight gas.[1]

After the buyout, Schusterman founded Samson Energy, a deepwater drilling company whose main assets are on the Gulf Coast of the United States.[5][6] She serves as its chair and chief executive officer.[5] During 2019-2020, Samson Energy contributed $2.5 million to liberal groups.[7]

In 1991, with Michael W. Dardick, Schusterman co-founded Granite Properties, a Plano, Texas-based real estate investment company.[1][8][9] The company owns buildings in Los Angeles, California, Atlanta, Georgia, Dallas, Texas, Houston, Texas, and Denver, Colorado.[10] By 2015, it had an annual revenue of $182.7 million and 150 employees.[8]

Schusterman is also the founder of Black Coral Capital, a Boston-based clean technology investment firm.[1]

Philanthropy

Schusterman co-chairs the Charles and Lynn Schusterman Family Foundation, "the largest Jewish family foundation in America", with her mother.[5] She also serves as the president of Bezalel Foundation, a non-profit organization which endows Jewish causes.[1] Additionally, she serves on the board of trustees of the American Israel Public Affairs Committee (AIPAC) and BBYO.[1][11] She also serves on the international board of governors of Hillel: The Foundation for Jewish Campus Life.[12] She also endowed the Stacy Schusterman '85 Scholarship at her alma mater, Yale University, in 2010–2011.[4]

With her husband, she supports the Winter Relief Program of the American Jewish Joint Distribution Committee in Eastern Europe, including Ukraine and Moldova.[13]

Personal life

Schusterman is married to Steven H. Dow;[14] they have three children[1] and reside in Tulsa, Oklahoma.[1]

References
  1. Resnick-Ault, Jessica (November 23, 2011). "Schusterman Caps Israel-to-Tulsa Oil Career With KKR Sale". Bloomberg Business. Retrieved February 14, 2016.
  2. Ovide, Shira (October 11, 2011). "Rich Family You've Never Heard Of Could Sell Their Company for $10 Billion". The Wall Street Journal. Retrieved February 15, 2016.
  3. Sherman, Bill (July 26, 2014). "Tulsans in Israel see 'Iron Dome' in action". Tulsa World. Retrieved February 15, 2016.
  4. "Nathan Hale Associates Scholarships". Leaders in Giving: A Newsletter for the Nathan Hale Associates. Yale University. Archived from the original on February 20, 2016. Retrieved February 15, 2016.
  5. Nemes, Hody; Nathan-Kazis, Josh (September 29, 2014). "Schustermans' Deep Roots in Oil Make Foundation Divestment Unlikely". Forward. Retrieved February 15, 2016.
  6. "History". Samson Energy Company. Retrieved February 15, 2016.
  7. "Oil & Gas". www.opensecrets.org. OpenSecrets. Archived from the original on November 1, 2020. Retrieved November 3, 2020.
  8. "100 Best Workplaces for Women: 4 Granite Properties". Fortune. Retrieved February 15, 2016.
  9. "History". Granite Properties. Archived from the original on December 31, 2015. Retrieved February 15, 2016.
  10. "Properties". Granite Properties. Retrieved February 15, 2016.
  11. "BBYO's International Board of Directors". BBYO. Retrieved February 15, 2016.
  12. "Leadership". Hillel. Retrieved February 15, 2016.
  13. "Protecting the Most Vulnerable in the FSU". American Jewish Joint Distribution Committee. November 5, 2013. Archived from the original on February 4, 2017. Retrieved February 15, 2016.
  14. Kelly, Nellie (September 2011). "A shared vision". Tulsa People. Retrieved February 15, 2016.
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