Speakers

Dan Gilbert
Chairman and Founder of Quicken Loans and majority Owner, Cleveland Cavaliers

Dan Gilbert is Charman and Founder of Quicken Loans, the nation's largest online home lender.  Dan also is majority owner of the NBA Cleveland Cavaliers basketball team and operator of the Quicken Loans Arena in Cleveland, Ohio.

Dan Gilbert

In addition, he led the purchase of an American Hockey League (AHL) franchise renamed the Lake Erie Monsters that began play in Fall 2007 at Quicken Loans Arena.

Quicken Loans, Inc. closed $19 billion in home loan volume in calendar year 2007.  The company employs more than 4,000 people and has been ranked #2 on FORTUNE magazine's "100 Best Companies to Work For" in America, as well as the #1 on Computerworld magazine's list of the "100 Best Places to Work in Technology" the past three consecutive years.

Dan founded Rock Financial in 1985 as a 22-year old first-year law student. Rock Financial grew into one of the largest independent mortgage banks in the country. In 1998, the company went public in an IPO led by Bear Stearns, Inc.

In January 1999, the company launched its Internet strategy which quickly positioned itself as the leader in online retail mortgages. January 2000, software maker Intuit purchased Rock Financial and the national Web business was renamed "Quicken Loans." With Dan staying on as CEO, Quicken Loans became the leading national provider of home loans on the Internet. Quicken Loans has gone on to earn "Best of the Web" accolades from Forbes, Money and PC magazines.

In 2002, Gilbert led a small group of private investors and purchased Quicken Loans Inc., back from Intuit and has been privately held since that time. The company retains all rights to the 'Quicken Loans, Inc.' trademarks.

Dan became majority owner of the NBA's Cleveland Cavaliers in March 2005. In the three years he has owned the Cavaliers, he has led a complete overhaul of the front office, coaching staff, player personnel, and game presentation.

In addition, the ownership group has invested $27 million in the "Quicken Loans Arena" (known as "The Q"), including new seats, an HD-quality JumboTron, video and sound systems, arena graphics, signage, security, player locker rooms, suite upgrades and administrative offices, as well as the development of a new $25 million player development and training center named the Cleveland Clinic Courts.

In his second year of ownership, the Cavaliers won the Eastern Conference Championship by beating the Detroit Pistons, making their way to the NBA Finals for the first time in the 37-year history of the franchise.

 

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