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Richard J Stephenson

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Richard J. Stephenson (born c. 1940)[1] is an American investment banker.[2] He is the founder and chairman of Cancer Treatment Centers of America (CTCA), a for-profit network of five hospitals.[3]

Early life and education

Stephenson is a graduate of Wabash College and Northwestern University School of Law.[4]

Career

Stephenson was chairman of American International Hospital in Zion, Illinois, and of Memorial Medical Center and Cancer Institute in Tulsa, Oklahoma.[5][6]

Stephenson founded CTCA in 1988[7] "following his mother’s death from bladder cancer, [and he] ... holds investments in a broad portfolio of other businesses, including finance and real estate companies", according to a 2012 profile in the Washington Post.[8]

Political involvement

Stephenson serves on the board of the conservative group FreedomWorks.[8][9] In the run-up to the 2012 US presidential election, Stephenson reportedly funneled $12 million to the FreedomWorks super PAC through various firms in a way that effectively hid the origins of the funds. In late 2012, Stephenson agreed to pay $400,000 per year for 20 years to FreedomWorks provided former House majority leader Dick Armey left his position as chairman of the conservative group.[8][10]

According to the profile in the Washington Post, Stephenson "has a passion for libertarian politics stretching back to the 1960s, when he attended seminars featuring Atlas Shrugged author Ayn Rand and economist Murray Rothbard [and later as] ... an early supporter of Citizens for a Sound Economy, the conservative lobbying group founded by oil billionaires Charles and David Koch in 1984". In 2004 CSE split in two, with the Koches keeping control of AFP while Stephenson and Armey stayed with FreedomWorks.[8]

Personal life

Stephenson is in a relationship with Stacie Macari, a chiropractor who is "chairman of functional medicine" for the Cancer Treatment Centers of America, who also goes by the name Stacie Jo Stephenson.[11][12]

Stephenson is divorced from Alicia Stephenson, a model, with whom he has one child.[13] He was married to Alicia Stephenson in 1991 and Alicia filed for divorce in 2009.[14] In 1991, Stephenson was 51 years old, had been divorced previously and was a father to four children. Alicia was 26 years old at the time.[15][16][17]

References

  1. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-centers-divorce-met-20160517-story.html
  2. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-center-founder-divorce-trial-met-20161017-story.html
  3. ^ http://www.sun-sentinel.com/business/careers/fl-cancer-treatment-ceo-resigns-20151019-story.html
  4. ^ http://articles.chicagotribune.com/1991-10-05/entertainment/9103310011_1_cancer-treatment-centers-graduate-wabash-college
  5. ^ http://articles.chicagotribune.com/1991-10-05/entertainment/9103310011_1_cancer-treatment-centers-graduate-wabash-college
  6. ^ http://www.reuters.com/article/us-usa-cancer-ctca-idUSBRE9250L820130306
  7. ^ http://www.reuters.com/article/us-usa-cancer-ctca-idUSBRE9250L820130306
  8. ^ a b c d Gardner, Amy (2012-12-26). "FreedomWorks tea party group nearly falls apart in fight between old and new guard". Washington Post. {{cite news}}: |access-date= requires |url= (help)
  9. ^ Board of Directors, Freedom Works
  10. ^ Feds urged to probe cancer clinic exec's role with super PAC, Paul Merrion, Crain's Chicago Business, January 3, 2013
  11. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-center-founder-divorce-trial-met-20161017-story.html
  12. ^ TL6031-Lewis & Kappes - Name Change (STACIE JO MACARI), 8/11/2014
  13. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-center-founder-divorce-trial-met-20161017-story.html
  14. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-centers-founder-divorce-trial-met-0414-20160413-story.html
  15. ^ http://www.chicagotribune.com/news/local/breaking/ct-cancer-treatment-center-founder-divorce-trial-met-20161017-story.html
  16. ^ http://www.chicagobusiness.com/article/20140515/NEWS03/140519901/cancer-treatment-centers-sues-founders-wife
  17. ^ http://articles.chicagotribune.com/1991-10-05/entertainment/9103310011_1_cancer-treatment-centers-graduate-wabash-college