Stephen Adams (business)
| Stephen Adams | |
|---|---|
| Born | 1937 (age 79–80) Minnesota |
| Nationality | United States |
| Education |
Yale University Stanford Business School |
| Occupation | Businessman, private equity investor, philanthropist |
| Employer | Good Sam Enterprises, Adams Outdoor Advertising |
Stephen Adams (born 1937) is an American businessman, private equity investor, and philanthropist. His current holdings include Good Sam Enterprises, a national publishing, retail stores, and member-based direct marketing organization directed toward owners of recreational vehicles and Adams Outdoor Advertising, an operator of outdoor advertising structures in the Midwest, Southeast, and Mid-Atlantic regions of the United States. His previous holdings have included operators of television and radio stations, print publishers, cola bottlers and community banks.
Adams was born in 1937 and was raised in Minnesota. Adams received a bachelor's degree in 1959 from Yale University, where he was a member of Skull and Bones. He received his MBA from the Stanford Graduate School of Business in 1962. Adams is the son of long-time newspaper journalist and CBS radio and television broadcaster Cedric Adams.
As of the end of 2007, Adams served as chairman of the board of Affinity Group Inc., FreedomRoads and Affinity Bank (now known as Camping World/Goodsam, Inc.) and is also chairman and the controlling shareholder of Adams Outdoor Advertising. He has been chairman of Affinity Group Inc., since its acquisition in December 1988 and chairman of Adams Outdoor Advertising since its founding in 1983. He also serves as chairman of Adams Radio Group, based in Lakeville, Minnesota, and Adams Publishing Group, based in St. Louis Park, Minnesota.
Adams began his career in banking and soft drink bottling. Since the 1970s, Adams has served as chairman of privately owned banking, bottling, publishing, outdoor advertising, television and radio companies in which he holds a controlling ownership interest. Adams currently owns Chateau Fonplagade in Bordeaux as well as other left bank wineries, and Adamus, Michel-Schlumberger, Roblar, and Adler Fels wineries in Northern California.
In 1982, he won a protracted fight to gain control of the Bank of Montana System. In 1984, Adams failed in a bid to take control of publicly traded Union Planters. Bank of Montana System was sold to Norwest Corporation in 1993.
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