Richard Nanula

Richard D. Nanula was chief financial officer of Amgen Inc. and The Walt Disney Company, chief operating officer of Starwood, and chief executive officer of Broadband Sports. While a principal at Colony Capital, he resigned amid a sex scandal. He is currently the chief executive officer of Lucy Scientific Discovery Inc..

Early life

Nanula was born to an African American mother and an Italian father.^[1] He grew up in Pasadena, California and attended the University of California, Santa Barbara, where he received a bachelor's degree in economics in 1982.^[2] He graduated from Harvard Business School in 1986, where he received his M.B.A.^[3] He later became a certified public accountant.^[3]

Career

Nanula held a variety of executive positions at the Walt Disney Company from 1986 until 1998, including senior executive vice president, chief financial officer (1991-1995, 1996–1997)^[4] and president of Disney Stores Worldwide (1995-1996).^[5] He served as president and chief operating officer for Starwood in New York from 1998 until 1999, then chairman and chief executive officer at Broadband Sports from 1999 until 2001.

Nanula served as executive vice president of Amgen Inc. in May 2001 and was appointed chief financial officer in August 2001.^[6] On April 10, 2007, Amgen announced that he would be resigning from his position "to pursue other opportunities." On May 4, 2007, it was announced that Nanula resigned from the Boeing Company's board of directors, where he had served since January 2005.

Announced in January 2008, Nanula joined Colony Capital, LLC, and was responsible for the firm's global operations, with a special focus on operating company transactions. Nanula resigned from Colony in July 2013 amid allegations of a sex scandal that involved porn stars Trinity St. Clair and Samantha Saint.^[7]^[8]

As of at least February 2021, he is the CEO of PureForm Global, a manufacturer of cannabinoids.^[9]

In July of 2023, Lucy Scientific Discovery Inc. announced that Nanula had been appointed its CEO and that he would "retain his Chairman role".^[10]

Personal life

Nanula married Tracey Hart, whom he met at Disney, in 1995. They have three children together. In 2005, Hart filed for divorce.^[3]

References

^ "The sex scandal that derailed one of America's most promising executives - Postcards". Archived from the original on 2013-08-31. Retrieved 2013-08-31.
^ "Richard D. Nanula Joins Colony Capital as Principal". Archived from the original on 2012-02-24. Retrieved 2013-09-03.
^ ^a ^b ^c "The spectacular rise and surprising exit of a Hollywood executive". Los Angeles Times. ISSN 0458-3035. Retrieved 2021-03-11.
^ Fink, Ronald (1997-11-01). "Managing Mickey's Money". Corporate Finance News. Retrieved 19 December 2018. In fact, a few months before Bollenbach joined Disney from Marriott in April 1995, Nanula doffed the CFO hat, which he had worn since August 1991, and replaced it with that of president of The Disney Store Worldwide.
^ Fink, Ronald (1997-11-01). "Managing Mickey's Money". Corporate Finance News. Retrieved 19 December 2018. When Bollenbach left in early 1996 to take over the reins of Hilton Hotels Corp., Eisner immediately turned the CFO duties back to Nanula.
^ "Amgen CFO resigns amid SEC inquiry". Los Angeles Times. 2007-04-11. Retrieved 2021-03-11.
^ Daniel Miller (2013-08-23). "The spectacular rise and surprising exit of a Hollywood executive". LA Times. Retrieved 14 February 2014.
^ Warren, Peter. "The Nanula Scandal: Samantha Saint Talks". Adult Video News. Retrieved 25 February 2014.
^ "Enveric Biosciences Launches Development Collaboration and Supply Agreement with PureForm Global to Support Cannabinoid Clinical Programs" (Press release). PR Newswire. 2021-02-25. Retrieved 2021-11-02. ...added Richard Nanula, CEO, PureForm.
^ Parra, Daniella (2023-07-13). "Lucy Scientific Scores Richard Nanula as CEO After Senior Roles at Disney, Amgen, Starwood". Yahoo! Finance. Retrieved 2024-05-30.

Sources

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[1] "The sex scandal that derailed one of America's most promising executives - Postcards". Archived from the original on 2013-08-31. Retrieved 2013-08-31.

[2] "Richard D. Nanula Joins Colony Capital as Principal". Archived from the original on 2012-02-24. Retrieved 2013-09-03.

[LA_Times-3] "The spectacular rise and surprising exit of a Hollywood executive". Los Angeles Times. ISSN 0458-3035. Retrieved 2021-03-11.

[4] Fink, Ronald (1997-11-01). "Managing Mickey's Money". Corporate Finance News. Retrieved 19 December 2018. In fact, a few months before Bollenbach joined Disney from Marriott in April 1995, Nanula doffed the CFO hat, which he had worn since August 1991, and replaced it with that of president of The Disney Store Worldwide.

[5] Fink, Ronald (1997-11-01). "Managing Mickey's Money". Corporate Finance News. Retrieved 19 December 2018. When Bollenbach left in early 1996 to take over the reins of Hilton Hotels Corp., Eisner immediately turned the CFO duties back to Nanula.

[6] "Amgen CFO resigns amid SEC inquiry". Los Angeles Times. 2007-04-11. Retrieved 2021-03-11.

[latimes-7] Daniel Miller (2013-08-23). "The spectacular rise and surprising exit of a Hollywood executive". LA Times. Retrieved 14 February 2014.

[NanulaAVN-8] Warren, Peter. "The Nanula Scandal: Samantha Saint Talks". Adult Video News. Retrieved 25 February 2014.

[enveric_pr-9] "Enveric Biosciences Launches Development Collaboration and Supply Agreement with PureForm Global to Support Cannabinoid Clinical Programs" (Press release). PR Newswire. 2021-02-25. Retrieved 2021-11-02. ...added Richard Nanula, CEO, PureForm.

[lucy_ceo-10] Parra, Daniella (2023-07-13). "Lucy Scientific Scores Richard Nanula as CEO After Senior Roles at Disney, Amgen, Starwood". Yahoo! Finance. Retrieved 2024-05-30.

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