0000021713 00000 n As the Chairman of the Board, President, and Chief Executive Officer of Gaming and Leisure Properties Inc, the total compensation of Peter Carlino at Gaming and Leisure Properties Inc is $11,433,700. A spokesman for Penn National explained that the elder Carlino was always a big fan of horse racing and got together with a group of friends to invest in this racing license. Kevin C. Shelly is an award-winning career journalist who has spent most of his career in South Jersey. Former Penn National Gaming CEO donates $5 million to central Pa ADDITIONAL LINKS Post Question For This Company Contact Us Regarding Your Company Profile Search All Pennsylvania Companies Learn About Our Pro Search Subscription Service PA . Penn National Gaming Inc. also made a leadership commitment to Penn State Health Children's hospital building campaign. Penn National Gaming History Part 1: Humble PA Beginnings The oldest executive at Gaming and Leisure Properties Inc is Peter M. Carlino, 75, who is the Chairman, Pres, Principal Financial Officer & CEO. Peter m carlino - Estavito After graduating from Penn State, he joined Arthur Andersen & Co. as a certified public accountant in its tax division in Washington, D.C. Search Details, Peter Carlino's Contact Info, Social Profiles & More Brown is a member of Chief Executives Organization and YPO, of which he served as chair emeritus, chair, education officer and finance officer of the Pennsylvania chapter. In 2015, Han was elected by the Faculty Senate as the inaugural academic member of the Penn State Board of Trustees. 14 0 obj <> endobj Owner: carlino peter m & marshia w Tax Year: 2015 Tax Amount: $985.45 +Edit Past Address 960 Sheerlund Rd, READING, PA 19607-9445 View Address Property Lot Size: 17424 SF Owner: carlino peter m & marshia w Tax Year: 2019 Tax Amount: $1084.98 Total Market Value: $25,700 Sale Price: $180,000 +Edit Past Address But he moved on to become a designer for a posh society florist think Grace Kelly in the movie High Society. Get local Breaking News alerts sent directly to your inbox. As executive vice president and chief operating officer for Penn State Health, Deborah Addo provides oversight to the hospital presidents and ensures consistency, efficiency and excellence across the health systems acute care facilities. com/Peter-M-Carlino-Salary. Masano earned a bachelors degree in government and international relations and a Juris Doctor degree from the University of Notre Dame. Throughout her career, she has developed a passion for improving the health care experience, particularly as it relates to oncology services. Education: Also helped create Mountainview Thoroughbred Racing Association in Grantville. View phone numbers, addresses, public records and possibly related persons for Peter Carlino. Doctor . Gros was editor of Casino Journal, the National Gaming Summary and the Atlantic City Insider, and was the founding editor of Casino Player magazine. All Rights Reserved. Peter M Carlino Net Worth (2023) Gaming & Leisure Properties, Inc Carlino was the first president of the Keystone Racing Association and helped form Keystone Race Track, which became Philadelphia Park, according to a company release. The acquisition, which almost doubles our revenue base, is expected to be accretive to our operating results upon closing, builds the critical mass of our gaming operations, and further diversifies the geographic reach of our operations without any overlap with our existing properties.. Elizabeth died in 1991. Easily apply. xb```g``a`a`dc@ >fV85:@BloCH89E\8654O``wQ08,Jt8Aj P}fb e`@| 906 He is currently the chief of the Division of Vascular Surgery at Saint Louis University. He received his bachelors degree in social work from Marygrove College, Detroit; his masters from Grand Valley State University; and a doctorate in sociology from Western Michigan University, Kalamazoo, Mich. Heidi Masano is chair of Penn State Health St. Josephs board of directors. Massini is a Penn State alumnus, having earned his bachelors degree in accounting with honors. Suite 102 READING PA 19610 Active Wyomissing Aesthetics at Kimmel Nasal and . Became agent for a fire insurance company. Last updated: 22 February 2023 at 4:57pm EST. Error! He remained at the health center as chief medical resident and also completed his cardiovascular fellowship there prior to joining Berks Cardiology. Prior to joining Penn State Health, Massini worked for Geisinger Health System in multiple roles, including chief administrative officer and chief financial officer for Geisinger Clinic. Gaming and Leisure Properties, Inc. (NASDAQ:NASDAQ:GLPI) Q4 2021 Earnings Conference Call February 25, 2022, 8:00 AM ET Company Participants Peter Carlino - Chairman & Chief Executive. On average, Gaming and Leisure Properties Inc executives and independent directors trade stock every 25 days with the average trade being worth of $13,403,061. 0000001865 00000 n Phone: Cell/Mobile/Wireless and/or landline telephone numbers for Susan Montgomery in Reading, PA. (610) 378-1227 (610) 451-6469 (610) 378-8382 Their business is recorded as DOMESTIC PROFESSIONAL SERVICE LIMITED LIABILITY COMPANY. Company's total return: -18.04% 2014 compensation: $20.5M As the only gaming REIT in the country, Peter's REIT owns several casinos throughout the nation and announced a net revenue of $163.8M in . Interim Dean, Penn State College of Medicine. He also reports all financial data, assesses financial risks and opportunities and handles day-to-day administrative operations. In 2011, U.S. Best Match Powered by Whitepages Premium AGE 60s Peter Carlino Philadelphia, PA (Upper Northwest) Aliases Peter F Fine View Full Report Addresses There are no executives at Gaming and Leisure Properties Inc getting paid more. Organizational resources include in-house, accounting and property management with experience over market cycles and asset classes. Dr. David Han is professor emeritus of surgery, radiology and engineering design at Penn State College of Medicine and Penn State College of Engineering, having served as faculty until 2021. The tiny borough of Wyomissing in Berks County northwest of Philadelphia adjoins the larger impoverished city of Readingand is best known as the birthplace of pop singer Taylor Swift. 2023 Penn State Health. Peter D. Carlino, founder of company that became Penn National Gaming Peter Carlino, Pennsylvania (11 matches): Phone Number, Email, Address Timothy Brown is the founder and CEO of Sageworth, including Sageworth Holdings LLC, Sageworth Trust Company, and Sageworth Trust Company of South Dakota. com people Carlino PeterPeter Carlino 15017 16th Bena, MN 56626 Age 86 (Born Jul 1936) (218) 665-2594. com/p/anthony-carlino-r10d4acef0Anthony Carlino is 63 years old and was born on 05/04/1959. Since 1976, Mr. Carlino has served in an executive capacity for Carlino Capital Management Corp. and is currently the Chairman of the Board and Chief Executive Officer. Keith Masser is president of Sterman Masser Inc. in Sacramento, Pa., a family farm that produces potatoes, cash grain and hay, and processes dehydrated and fresh-cut potato products. Charlotte, NC, 28210. The Peter M Carlino Company is located at 532 Campus Rd, Reading, Pennsylvania, 19610-2216. Mr. Carlino served as the Chairman of the Board of Directors and as Chief Executive Officer for Penn, and now the Company, collectively for over twenty-five (25) years. Peter Carlino is chairman emeritus of Penn National Gaming Inc., a public company trading on the Nasdaq, as well as chair and chief executive officer of Gaming and Leisure Properties Inc., also a public company found on the Nasdaq. Prior to joining Pennrose, Dambly owned and operated a successful homebuilding business. Prior to that, she served the University of Kansas (KU) in positions including provost and executive vice chancellor and dean of the School of Business, and was founding director of the Initiative for Managing Services at The Ohio State University (OSU). After completing his medical degree at Harvard Medical School, Han trained in vascular surgery at Mayo Clinic in Rochester, Minn. 412 W Miner St - 412 W Miner St unit 3 | West Chester, PA Apartments David Carlino in Reading, PA - Spokeo She was a 2019 recipient of the Grove City College Alumni Association Jack Kennedy Memorial Alumni Achievement Award, which honors graduates who have made significant contributions in their field. He and his wife, Bonnie, were co-chairs of the capital fundraising campaign for the University of Pittsburgh Cancer Institute (now UPMC Hillman Cancer Center), for which he is also a council member, and they co-chair the capital fundraising committee for the August Wilson African American Cultural Center. 8 min read. She is board president for Variety the Childrens Charity and board chair emeritus of the Epilepsy Association of Western and Central Pennsylvania. 6743 A Fairview Rd. Joseph Frank serves as regional hospital president for Penn State Healths East Region, which includes Penn State Health St. Joseph Medical Center and the new Penn State Health Lancaster Medical Center, scheduled to open in 2022. Peter Carlino Owner, Entrees Unlimited Corporate Catering San Jose, CA. He has served on the editorial board of the Surgical Council on Resident Education, the largest online curriculum for surgeons in training. Massers honors and recognitions include Penn State College of Agricultural Sciences Outstanding Alumni, the Red Book Produce Directory Business Character Award, EPA Environmental Stewardship Award and Master Farmer. Welcome to the Gaming and . There are 1 older and 12 younger executives at Gaming and Leisure Properties Inc. He directs the firm's business development efforts, seeking opportunities for future business and establishing and maintaining relationships with municipalities, agencies and lenders. In 1969, he bought the Penn Title Insurance Company, then a 40-year-old business located in Wyomissing, the start of a string of businesses in that tiny town that eventually included a bank, a mortgage company, real estate ventures and even seafood and gourmet pretzel companies. Login. 5.0 / 5.0 1 customer review. Business Description. By continuing to use our site, you consent to the placement of cookies on your browser and agree to the terms of our Privacy Policy. Peter Carlino Net Worth, Biography, and Insider Trading Philadelphia, PA. 21 others named Peter Carlino are on LinkedIn Peter M Carlino Net Worth (2021) Penn National Gaming Inc Insider The average home sale price on Open Hearth Dr has been $675k. Peter Carlino lives in Reading, PA, but has also spent time in Miami, FL; Miami Beach, FL; Baton Rouge, LA and Jackson, MS. Peter works for Crc Holdings. For 29 years, Masano was assistant Berks County solicitor, assigned to the Berks County Planning Commission and Agricultural Land Preservation Board. Baker is a member of the American College of Obstetricians and Gynecologists, American Osteopathic Association, Pennsylvania Osteopathic Medical Association and Phi Kappa Phi National Honor Fraternity. A graduate of Penn State, he holds a bachelors degree in accounting and is a certified public accountant. He serves and has served on the boards of Cambrex Inc., Penn State Health Milton S. Hershey Medical Center and the Columbia University Medical Center Board of Advisors. Peter Carlino in Reading, PA | PeekYou (AP Photo/Brad C Bower) In this role, Firely leads the companys finance, human resources, information technology and enterprise quality teams. Carlino explained the move in a company statement: The acquisition of these well-established properties represents a significant growth and expansion opportunity for Penn National and is attractive both strategically and financially. Peter M. Carlino is Chairman of the Board, President, Chief Executive Officer of the Company. 1916 Marriage of Sam Sam Carlino married Josie Piscopo on 19 Feb 1916 in Pueblo (CO Marriage Record Report from familysearch.org) He was 23y and she was 19y. Active in numerous community and business organizations, Thorndike serves on the board of directors of the Chamber of Business and Industry of Centre County and the Centre County United Way. How do I contact Peter M. Carlino? Carlino and his wife, Marshia, have been instrumental in developing Penn State's Inflammatory Bowel Disease (IBD) Center, with gifts to endow the chair position and three early career professorships. 0000022192 00000 n Chairman of Philadelphia Redevelopment Authority in 1970s. The most recent stock trade was executed by E Scott Urdang on 1 March 2023, trading 1,000 units of GLPI stock currently worth $53,820. Brown received his undergraduate degree in accounting from Penn State and his law degree from Georgetown University. Addo earned her bachelor's degree in psychology from Georgetown University, Washington, D.C., and a master's degree in public health from Walden University. Involved in creating what became Philadelphia Park, now Parx race track in Bensalem, just outside Philly. Peter Carlino in PA - Address & Phone Number | Whitepages Corporate kings: Peter Carlino tops list of highest-paid execs at xref Tombros private company experience included serving as CEO and director of VivoQuest. Media interested in contacting the board of directors should contact the Office of Marketing and Communications at717-531-8606. Free and open company data on Pennsylvania (US) company THE PETER M. CARLINO AND MARSHA W. CARLINO FAMILY LIMITED PARTNERSHIP (company number 2792253), 3 OPENHEARTH DR, READING, PA, 19607-0. . Kleppinger is also a member and past chair of the Penn State Political Science Departments Board of Visitors and is on the board of the RETTEW Holding Company. Before joining Inova, she was chief operating officer and senior vice president of Meritus Health in Hagerstown, the largest health care provider in Western Maryland. He was selected by his peers for inclusion in the 2006-2012 editions of Best Lawyers in America. . By 2001, Penn National Gaming had made Fortune magazines 100 Fastest Growing Companies list at 58th. Owner: peter m carlino Owner 2: MARSHIA W CARLINO Tax Year: 2012 Tax Amount: $60198.73 Total Market Value: $3,414,210 +Edit Past Address 959 Sheerlund Rd, READING, PA 19607-9301 View Address Year Built: 1900 Bedrooms: 4 Baths: 2.00 Garage Size: 1 Property Lot Size: 2.890 AC Building Area: 3360 Owner: carlino peter m & marshia w Tax Year: 2019 People Living at 845 Berkshire Blvd Wyomissing PA Massini has been a transformational leader, central to the expansion of the health systems clinical presence across central Pennsylvania and the development of innovative partnerships, including the collaboration with Highmark Health. Karen Hanlon is executive vice president and chief operating officer of Highmark Health, a Pittsburgh-based national, blended health organization. Looking for info on Peter N. Carlino? Carlino of Reading. CARLINO PETER M owns over 11,466,890 shares of Gaming and Leisure Properties Inc stock worth over 2 Million . Brand New App to watch all of WFMZ-TV News and Syndicated Programing 24/7 on your Streaming App enabled TV. Questions Post Question There are no questions yet for this company. He was also a commissioner for the Grand Rapids Public Museum. PDF Peter M. Carlino '69 - Pennsylvania State University A 1969 graduate of Penn State's College of the Liberal Arts, Peter Carlino is former CEO and current Chairman Emeritus of the Board of Penn National Gaming, Inc., which has also generously supported the Carlino Fund for IBD through proceeds from an annual golf tournament and Penn State Health Children's Hospital with a leadership gift to . She earned her bachelors and MBA degrees from Andhra University, India, and her doctorate in marketing from the University of Kansas. Dr. Kevin Black joined Penn State Health in 1993. Peter Carlino and Matthew Demchyk - GGB Magazine Neeli Bendapudi, president of Penn State, has a nearly 30-year career as a leader in higher education and business. Carlino bought Penn National Race Course in 1982, which led to the 1994 creation of Penn National Gaming. Reading, PA (19601) Today. Open Hearth Dr, Reading PA address records. He is a Trustee Emeritus of the Pennsylvania State University Board of Trustees. She sits on the board of several Highmark Health subsidiaries and affiliates and also champions leadership roles for women in health care. 0000005752 00000 n PETER CARLINO COMPANY Genpartner Reviews Write Review There are no reviews yet for this company. Choose an option below for a customized menu. The 52-week range is a dizzying $3.75-$129. That purchase again doubled Penn Nationals size and made it then the third-largest publicly held gaming company in the country, behind only MGM Mirage and Harrahs Entertainment. The company has 1 contact on record. John Walborn Obituary (2014) - Reading, PA - Reading Eagle - Legacy.com The low, of course, came in mid-March 2020in the face of COVID-19 restrictions, with closures, furloughs, forced real estate sales, and two emergency stock offerings for a company hemorrhaging cash in early spring as the virus took hold. St Peter & Paul School. The estimated Net Worth of Peter M Carlino is at least $524 Million dollars as of 20 January 2021. Peter Carlino in Reading, PA Age 76 - usphonebook 0000011049 00000 n In 1971 Carlino formed Mountainview Thoroughbred Racing Association, which ran a thoroughbred racing meet at Penn National from its opening in 1972. . Massini is a Penn State alumnus, having earned his bachelors degree in accounting with honors. Penn State News Masser is a graduate of Penn State with a Bachelor of Science in agricultural engineering. Reading PA 19607 960 Sheerlund Rd Reading PA 19607 4 Open Hearth Dr Reading PA 19607 Phone: Cell/Mobile/Wireless and/or landline telephone numbers for Peter Carlino in Shillington, PA. (610) 378-8381 (610) 796-1663 (610) 376-4807 (305) 674-8867 (305) 674-9825 (717) 796-1099 (610) 781-0290 VanKirk continues to act in a variety of high-profile civic and community leadership roles, including the Pittsburgh Cultural Trust and the Carnegie Museums of Pittsburgh executive committees, and on the board of trustees for YMCA of Greater Pittsburgh. We found 45 with the name Peter Carlino in 132 cities. For 20 years prior to the Penn National IPO, Carlino served as chair and president of Mountainview Thoroughbred Racing Association, the predecessor of Penn National Gaming Inc. His real estate businesses have developed commercial and residential projects in eastern Pennsylvania and surrounding states. in general arts and sciences. The Financial Times selected him to receive its 2015 Outstanding Director Award. Login about (866) 961-3665. Peter's mailing address filed with the SEC is 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING, PA, 19610. He provides executive-level leadership for the two hospitals in Berks and Lancaster counties, driving operations, growth and coordination across each region. His past board service includes the PA Chamber of Business and Industry, where he held positions of chair and vice chair; the Pennsylvania Bar Foundation; Team Pennsylvania Foundation; LINK Foundation; Jonathan Eshenour Foundation; and chair of The Foundation for Enhancing Communities and United Way of the Capital Region. Thorndike also leads financial, endowment management, business and administrative activities at all Penn State campuses. THE PETER M. CARLINO AND MARSHA W. CARLINO FAMILY LIMITED PARTNERSHIP is a Pennsylvania Domestic Limited Partnership filed on December 31, 1997. $1,950. In addition to her position at Highmark, Rice-Johnson serves on the boards of the Pittsburgh Penguins Foundation, United Way of Southwestern Pennsylvania, Carlow University, Blue Health Intelligence, Evio and Dollar Bank. Father Robert Finlan is pastor of Church of St. Richard of Chichester Parish, Barnesville, Pa., and St. John XXIII Parish in Tamaqua, Pa. Before becoming pastor at St. Richards and St. Johns, Finlan was pastor of Holy Guardian Angels Parish, Reading, Pa., and prior to that, Saint Joseph the Worker Parish, Frackville, Pa. For 20 years prior to the Penn National IPO, Carlino served as chair and president of Mountainview Thoroughbred Racing Association, the predecessor of Penn National Gaming Inc. His real estate businesses have developed commercial and residential projects in eastern Pennsylvania and surrounding states. feeding westchester mobile food truck schedule. Peter M. Carlino, Penn National Gaming Chairman of the Board, was inducted into the American Gaming Association's Gaming Hall of Fame on Wednesday night in Las Vegas, Nev. Mr. Carlino was. He is a certified public accountant and a member of the Healthcare Financial Management Association. He is also a member of the board of directors for the Riverfront Alliance of Delaware County, Regional Housing Legal Services, Housing Alliance of Pennsylvania and Pennsylvania Apartment Association East. Peter combines a diverse development and investment background as well as a series of strong relationships in and out of the development community. Peter lives in Bryn Mawr with his wife, Barbara and their two children. Get up-to-the-minute news sent straight to your device. Rice-Johnson has more than 30 years of experience in the health insurance industry, having held a variety of management positions at Highmark and its predecessor company. Massini joined Penn State Health in 2015, originally serving as chief financial officer for Hershey Medical Center. 21+: PlayPennsylvania.com and all content herein is intended for audiences 21 years and older. 2 Beds; 1 Bath; 853 Sqft; save favorite. Carlino Commercial Development - Philadelphia, PA News Contact Commercial Real Estate Development Carlino Commercial Development develops, redevelops, acquires, and manages retail, office and residential properties in the metro - Philadelphia market. Previous to Geisinger, he held various leadership positions within the Highmark family of companies, including executive vice president and chief financial officer of HVHC, a subsidiary of Highmark focused on providing vision services. Robert Firely Jr. is chief administrative officer and chief financial officer for Triose, a health care solutions company based in Wyomissing, Pa. Prior to joining Penn State Health, she spent more than seven years as senior vice president of Inova Health System, first as CEO of Inova Mount Vernon Hospital, Alexandria, Va., and then, most recently, as CEO of Inova Loudoun Hospital, Leesburg, Va., where she developed a track record of leading hospitals and physician groups through times of transition. 0000001098 00000 n 0%. Mr. Carlino was the founder of Penn and served as the Chief Executive Officer of Penn from 1994 through October 2013. Pietro Antonio Carlino married Giovanna (Jenny) Riggio on 14 Jun 1913 in Walsenburg, Huefano, CO (CO Marriage Record Report from He was 26y, she was 19y. Rovitos professional memberships include the American Medical Association, American College of Physicians, American Society of Clinical Oncology and American Society of Hematology. Retail Properties View All Retail Properties View All Retail Properties Office Properties With a background in the study of consumer behavior in service contexts, her research focuses on customers willingness to maintain long-term relationships with firms and with the brands and employees that represent them. Peter Carlino, Chief Executive Officer of the Penn National Gaming Inc. company is shown at his Woymissing, Pa., office Thursday, Aug. 29, 2002. 2023 Penn State Health. He has partnered with Penn State Health Children's Hospital to help conquer childhood cancer through his support for Four Diamonds. Upon graduating from Lehigh University in 1998, Peter started his career in commercial real estate at Grubb & Ellis New York. You can see the complete history of Mr. Carlino stock trades at the bottom of the page. Hes been recognized twice as Educator of the Year in the Family Medicine Residency Program and received the 2019 Teacher of the Year Award for OB/GYN, Penn State College of Medicine. 4 Star . Penn National Gaming Inc. also made a leadership commitment to Penn State Health Children's hospital building campaign. Reading, Pennsylvania. Retail, Food and Beverage Retail, Grocery Store / Supermarket . A Philadelphia-area businessman who started the company that became Penn National Gaming has died. Tombros and his wife, Ann, created the Tombros Foundation to pursue their philanthropic interests. In addition, she chairs the Penn State Investment Council and Health Care Advisory Council. A family trust remains involved with Penn National. On March 3, $PENN opened at $126.28. He was elected to the Penn State board of trustees in 2008 and currently is chair emeritus. Masano is a member of the Pennsylvania Bar Association (PBA) and Berks County Bar Association, where she served as the first woman president in 1998. 0000002807 00000 n Peter Carlino . Peter D. Carlino died Friday at a Philadelphia hospital at age 92, Eric Schippers, a Penn National spokesman, said Monday. As CFO, Hanlon played a significant role in strengthening the overall financial performance of the enterprise, including oversight of the financial turnaround of Allegheny Health Network. In addition, he makes $11,433,700 as Chairman of the Board, President, and Chief Executive Officer at Gaming and Leisure Properties Inc. Peter has made over 64 trades of the Gaming and Leisure Properties Inc stock since 2003, according to the Form 4 filled with the SEC. Media interested in contacting Penn State Health personnel should contact Marketing and Communications at 717-531-8606. Married Elizabeth Powers in 1945, had eight children. PlayPennsylvania examines Penns history in three parts, corresponding to the following timelines: the early years from 1969 to 2005, the middle years of growth from 2006 to 2018, and a company refocus toward online gaming from 2019 to the present. Others named Peter Carlino. Hanlon also oversees the operations of Gateway Health, the Highmark Health-Penn State Health partnership and HM Health Solutions. Her practice emphasizes commercial and real estate matters, including acquisitions, banking, corporate formation and operation and creditor rights, and estate and business succession planning. Addo has more than 30 years of leadership experience in health care operations and management. The contact is Peter M Carlino from Reading . Then camebusiness disappointments beginning in 2006, the subject of Penn National History: Part 2. GLPI elected to be taxed as a real estate investment trust for U.S. federal income tax purposes commencing with the 2014 taxable year and was the first gaming-focused REIT in North America. Carlino Commercial Development - Philadelphia, PA Argosy was best-known locally for riverboat casinos and entertainment and hotel facilities in Illinois, Missouri, Louisiana, Iowa, and Indiana. Founded: 2001. . Developers Peter Miller and Peter Carlino pulled up to lunch with a straightforward pitch. peter carlino reading pat test and chi square test ppt. In addition, she chairs the Penn State Investment Council and Health Care Advisory Council. Peter W. Carlino, Co-Managing Partner Upon graduating from Lehigh University in 1998, Peter started his career in commercial real estate at Grubb & Ellis New York. Peter Tombros is professor and distinguished executive-in-residence at the Eberly College of Science, Penn State. She serves as a member of the President's Council and the Board of Directors for Penn State Corporation. Borgatta earned his undergraduate degree at St. Johns University, Jamaica, N.Y. A founding member of the American Society of Nuclear Cardiology, Borgatta also is an active member of the American College of Physicians, American Heart Association, American College of Cardiology and Heart Rhythm Society. Penns revenues grew from $40 million in 1994 to more than $1 billion by 2003.