August 08, 2008

Richard Heckmann, Founder of Heckmann Corporation, Speaks at Entrepreneurship Bootcamp for Veterans with Disabilities Graduation

Heckmann is an entrepreneur, philanthropist and veteran


Richard HeckmannLOS ANGELES -- Richard Heckmann, founder of  Heckmann Corporation (NYSE:HEK), delivered the graduation address for the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) on Saturday, August 9, 2008 at UCLA Anderson School of Management. 

EBV is a free, three-part business management course for disabled veterans of the post-9/11 generation.  The program started last year at Syracuse University, and then expanded to Florida State University; Texas A&M University; and UCLA, where it's based at the UCLA Anderson School of Management.  Fifteen students entered the residency phase at UCLA Anderson in July with an online tutorial in business fundamentals.  A weeklong classroom session began on August 2nd with UCLA Anderson faculty.  After the program, graduating veterans will have a year of mentorship.

Says Heckmann, "I am deeply honored to be part of this outstanding program.  Our veterans deserve our gratitude, support, and much more."

"I am particularly delighted that Mr. Heckmann will join us at this ceremony," said Alfred E. Osborne, Jr., senior associate dean and faculty director for the EBV.  "Not only is Heckmann an outstanding business leader, but he himself has seen active duty as a member of the Air Force Rescue Team in Viet Nam.   He is an inspiration to entrepreneurs everywhere." 

Heckmann is an entrepreneur extraordinaire.  He is the founder of US Filter, the largest water company in the US.  Under his leadership, US Filter grew from $17 million in sales in 1991 to almost $6 billion by the time it was acquired by Vivendi in 1999 for $8.2 billion.

From 2002-2007, Heckmann was the Chairman and CEO of K2, Inc., the manufacturer of sporting goods equipment, where he grew the company from $582 million to over  $1.4 billion in revenue before it was sold to the Jarden Corporation in 2007.

HEK, a Special Purpose Acquisition Company (SPAC) recently raised $450 million in an IPO and has announced the acquisition of China Water and Drinks Inc., one of the largest bottled water companies in China.

Heckmann is a member of the investment group that acquired the Phoenix Suns in 2004 and the Phoenix Mercury in 2007, and he is the founding shareholder of Callaway Golf, owner of Smith Goggles, and other business interests.

Mr. Heckmann's philanthropy and public service is well known.  He has served as Associate Administrator of the Small Business Administration (SBA) in Washington DC in the Carter Administration.  He, along with the State of California, donated the funds to build a 20-acre campus in Palm Desert, California, establishing the Heckmann Center for International Entrepreneurial Management for UC Riverside.  He is a generous, avid supporter of entrepreneurship everywhere, and a founder of Entrepreneurs Hall at UCLA Anderson.  He has served as Chairman of the Board of Advisors for the Harold and Pauline Price Center for Entrepreneurial Studies.

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About the Harold and Pauline Price Center for Entrepreneurial Studies
The Harold and Pauline Price Center for Entrepreneurial Studies is a recognized leader in entrepreneurial education. Now celebrating its 20th year, the Price Center supports teaching, research, extracurricular activities and management development programs in the areas of entrepreneurship, venture capital and social enterprise at UCLA Anderson.  90% of UCLA Anderson's full time MBA students enroll in entrepreneurial electives while at Anderson, and more than half are active members of the student-run Entrepreneur Association.  The Center is known for its extensive outreach and the impact of its management development programs, which provide entrepreneurial education to such diverse groups as directors of Head Start agencies and community health organizations; leaders of NGOs in Africa that are working on the HIV/AIDS crisis; founders and executives of entrepreneurial companies (including minority-, women- and disabled veteran-owned enterprises); directors and officers of venture-backed and public companies; and K-12 teachers working to develop entrepreneurial curricula, among others.

About UCLA Anderson School of Management
UCLA Anderson School of Management, established in 1935, is regarded among the leading business schools in the world. UCLA Anderson faculty are advancing management thinking through innovative research and teaching.  Each year, UCLA Anderson provides management education to more than 1,700 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs. Combining highly selective admissions, varied and innovative learning programs and a world-wide network of 36,000 alumni, UCLA Anderson prepares students to become future global leaders.

Contact Information

Media Relations, (310) 206-7707, media.relations@anderson.ucla.edu

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