Age, Biography and Wiki
Les Otten was born on 1949 in Teaneck, New Jersey, U.S., is a Former. Discover Les Otten's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 74 years old?
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Business executive |
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1949, 1949 |
Birthday |
1949 |
Birthplace |
Teaneck, New Jersey, U.S. |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 1949.
He is a member of famous Former with the age years old group.
Les Otten Height, Weight & Measurements
At years old, Les Otten height not available right now. We will update Les Otten's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Les Otten Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Les Otten worth at the age of years old? Les Otten’s income source is mostly from being a successful Former. He is from United States. We have estimated
Les Otten's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
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Not Available |
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Source of Income |
Former |
Les Otten Social Network
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Timeline
He confirmed in 2020 that he would vote for Joe Biden, even though he is a Republican.
On February 28, 2016, The Boston Globe reported that Otten had purchased part of the now-closed Balsams Resort in Dixville Notch, New Hampshire. According to the article, Otten plans to spend over $100 million to renovate and rebuild the resort with the goal of turning it into a four seasons destination. If finished, the skiing area would be the largest in New England, with 2,200 acres of skiiable terrain.
Otten founded Maine Handicapped Skiing with Omar D. "Chip" Crothers, M.D. to ensure access to and participation in the recreational sports that are integral to a well-rounded life for every person. Maine Handicapped Skiing is the largest year-round adaptive recreation program east of the Mississippi for adults and children with physical disabilities. From Veterans No Boundaries to children with cerebral palsy, Maine Handicapped Skiing helps a wide spectrum of Mainers. In 2013 Maine Handicapped Skiing changed its name to Maine Adaptive Sports and Recreation.
Otten is a former candidate for Governor of Maine in the 2010 election.
William J. Ryan, Chairman, President and CEO of TD Banknorth Group, Inc. served as Treasurer of the Exploratory Committee for Otten's potential bid for Governor of Maine in 2010. After the official announcement of the formal campaign, Bruce Chalmers, President of Chalmers Insurance Group in Bridgton, Maine took over as Campaign Treasurer.
In 2009, Otten was inducted into the Maine Ski Hall of Fame.
In January 2009, Maine Energy Systems was recognized by Senator Olympia Snowe (R – ME) as a small business that is using technology and innovative thinking to help solve our nation's energy crisis and keep Mainers warm during the lengthy winter. Senator Snowe commented that Maine Energy Systems is at the vanguard of the "green" product revolution, creating a product that is beneficial to the environment, saves consumers money, and produces profits and jobs.
Otten was honored as the Cromwell Center Person of the Year for 2009.
On October 19, 2009, Otten formally announced his candidacy for the Republican gubernatorial primary in the 2010 election. In his announcement speech, Otten emphasized the need for Maine to create jobs, lower taxes, prepare its students for the global economy and take control of its energy future.
On June 22, 2009, after months of speculation, word broke that Otten will announce the formation of an exploratory committee for a potential bid for Governor of Maine on June 29. Otten is running as a Republican. The campaign was criticized by the Maine Democratic Party for allegedly copying President Barack Obama's famous "O" insignia and website layout from the 2008 presidential election cycle. A statement from Otten's website claims that it was actually the Obama campaign who first "copied" the logo from the new Pepsi logo. This claim was too refuted, as the Obama "O" was first used months before Pepsi revamped their logo.
In 2008, Otten and two other partners started Maine Energy Systems, whose stated goal is to support a transition to the use of renewable energy for homes and businesses. The company originated from a series of informal seminars organized by Otten in 2007, where he assembled experts in various fields of energy to biweekly meetings. The meetings were broadly focused to allow for highly speculative thinking about Maine's economy and energy usage.
In 2008, Otten was asked by Maine Governor John Baldacci to chair the Governor's Wood-to-Energy Task Force which was charged with finding ways to reduce the state's reliance on foreign oil and stimulate Maine's economy by developing renewable sources of energy made in Maine, by Maine businesses, for Maine people. The initiative sought to capitalize on opportunities to convert public buildings to wood biomass heat; encourage homeowners to switch from oil heat to heat from renewable energy sources; and, promote Maine-grown alternative energy industries.
This Wood-to-Energy Task Force reported that Maine is the most heating oil dependent state in the country with 440,000 households consuming an average of 900 gallons of heating oil a year. At a July 2008 price of $4.64 a gallon that amounts to $4,100 per Maine household. The Task Force concluded that wood-to-energy can lower the cost of home heating approximately 25 to 50% of the cost of No. 2 heating oil.
Under Otten, American Skiing Company invested heavily in marketing and infrastructure. While these investments are credited with major turnaround and growth, they overleveraged the company. A later bailout by an investment firm ultimately caused him to leave day-to-day operations while remaining on the Board of Directors. Otten resigned this position on February 26, 2007, effective immediately, to pursue other options. The Boston Globe reported, "I leave the board with mixed feelings," Otten said. "It's been a pleasure to serve and help guide the Company and I wish everyone well. I truly enjoyed my tenure with the board, but now it's time to look at other options."
Counting among his campaign staff is Christian Potholm, a Maine political consultant that helped Democratic Governor John Baldacci defeat Republican candidate Chandler Woodcock in 2006. Potholm is Professor of Government at Bowdoin College who has authored several books on Maine politics including, Maine: The Dynamics of Political Change, This Splendid Game: Maine Campaigns and Elections, 1940–2002 and An Insider's Guide to Maine Politics:1946–1996.
From 2002 through 2007, Otten was vice chairman and minority partner of the Boston Red Sox American Major League Baseball franchise. In 2004, the Red Sox won their first World Series Championship since 1918 while Otten was part of the ownership group.
In 1995 he formed American Skiing Company by acquiring S-K-I, and this expanded his resorts to include Killington, Mount Snow, Haystack, Waterville Valley, and Sugarloaf/USA. He was forced to divest his interests in Waterville Valley and Cranmore but went on to buy Pico Peak in Vermont.
In 1990, Otten co-founded and served as the first chairman of the Economic Environmental Council of Maine, which merged with the Maine Chamber to become the Maine Chamber Alliance, where Otten also served as the first chair of that organization. The goal of these organizations was to create an environment where the needs of the paper industry could find middle ground with the environmental concerns of Maine citizens.
In 1988 Otten started Project Opportunity in Bethel by donating the initial grant and creating its goal of helping late bloomers. Project Opportunity is a unique Grant and Scholarship Program benefitting Telstar Regional High School students. From the generous donations Project Opportunity has received, students have been able to attend colleges throughout the United States as well experience educational trips throughout the World.
In 1987, Otten was part of a group of civic-minded individuals from across western Maine who came together to form the Western Mountains Alliance in order to seek a sustainable development strategy for western Maine, a region struggling with long-term economic decline. Otten acted as first chairman of the Western Mountains Alliance.
Otten started his career at Killington Ski Resort in Vermont in 1971. In 1973, at the age of 23, Otten was named ski operation manager of Sunday River in Newry, Maine. In 1980 Otten purchased Sunday River. In 1989, Otten was named Inc. Magazine Entrepreneur of the Year, Turnaround Category.
Otten was born in Teaneck, New Jersey, where he received his early education. He graduated high school from the Hun School of Princeton in Princeton, New Jersey, in 1967 and was named an Alumnus of the Year in 1999. Otten received a B.S. in Business Administration from Ithaca College in 1971, after which he worked for Killington and Sunday River ski resorts. In 1980 he purchased Sunday River, and his company, LBO Resort Enterprises, grew by acquiring Sugarbush, Attitash Bear Peak, and Cranmore in the Vermont-New Hampshire skiing areas.
Leslie B. "Les" Otten (born 1949) is the former CEO of the American Skiing Company. Since resigning as its chief executive officer in 2001, Otten has been involved in numerous other businesses and industries, including the Major League Baseball's Boston Red Sox.