Jeremy M. Jacobs Jr. is co-chief executive officer of Delaware North, one of the most admired and largest privately held companies in the world. Delaware North has revenues of $3 billion and more than 60,000 employees serving half a billion customers on four continents. As co-CEO of the company, Jacobs provides stewardship to the nearly 100-year-old Delaware North and its operating companies, which include industry leaders in food and retail operations at airports and sports venues, sports facility ownership and management, operations of parks and major tourist attractions, hotel ownership and management, and gaming operations both in North America and around the globe. In addition, the company recently acquired Patina Restaurant Group, a leader in the premium segment of the restaurant and catering industry and operates restaurants and manages catering and food service operations at high-profile venues in New York, California, Las Vegas and Orlando.
In his position, he is responsible for long-term strategic direction, determining mergers and acquisition candidates, positioning the company in emerging markets and working with financial institutions on overall business strategy.
Beginning in high school, Jacobs gained experience from virtually every area of the company. After he received his undergraduate degree, Jacobs returned in 1986 as director of development for the company’s airport business. He then attended The Wharton School of Business at the University of Pennsylvania, where he received his master’s degree in business administration. He again returned to Delaware North in 1989 as vice president of development. He was named executive vice president of Delaware North in 1991.
Jacobs took over the reins of Delaware North Sportservice in 1995 as chairman, representing the third generation of the Jacobs family to head the flagship subsidiary. Under his leadership, Delaware North Sportservice successfully grew its business to include contracts with some of the world's most high-profile sports clients and venues, including the Milwaukee Brewers’ new Miller Park, St. Louis Cardinals’ new Busch Stadium, the Los Angeles Dodgers, the New York Jets and Giants MetLife Stadium, the 1996 Centennial Olympic Games in Atlanta, London’s Wembley Stadium and the Singapore SportsHub. As chairman, Jacobs also successfully developed and launched name-brand initiatives in retail and fine dining.
In 2001, Jacobs was named one of the most influential in sports by Street & Smith’s SportsBusiness Journal’s Forty Under 40. In addition to his senior management post with Delaware North Companies, Mr. Jacobs serves as alternate governor for the Boston Bruins, Stanley Cup Champions in 2011.
Before joining the company, Jacobs was a financial analyst with the Money Market Group at Paine-Webber, Inc., in New York City. He received his bachelor of arts degree from Georgetown University in 1985 and remains an active alumnus interviewer. In addition, Jacobs served on the Georgetown College of Arts & Sciences advisory board from 1995 until 2000.
In addition to his professional endeavors, Jacobs is very active with a wide variety of civic and philanthropic organizations both in New York and on a global scale. Jacobs and his family give millions of dollars to charitable causes including cancer research, neurological research and treatment, education, green initiatives and other community causes. Recently, Jacobs donated $1 million to Say Yes to Education. His visionary leadership and philanthropy have been recognized by numerous organizations and associations. In 2012, Jacobs and his family were named Outstanding Philanthropists of the Year by two organizations.
Mr. Jacobs also participates in numerous industry organizations including the Global Sports Summit and the U.S. Travel CEO Roundtable. Due to his leadership in the travel and tourism industry, Mr. Jacobs was recently appointed by the Secretary of Commerce to the Department of Commerce Travel and Tourism Advisory Board. The Travel and Tourism Advisory Board advises the Secretary of Commerce on matters related to the travel and tourism industry in the United States, including travel and tourism policies, travel facilitation and infrastructure and the National Travel and Tourism Strategy and its continued efforts to attract 100 million international visitors to the United States by 2021.
Mr. Jacobs is a member of the Georgetown Board of Regents, the Nichols School Board of Trustees and the University at Buffalo Foundation Board. He dedicated more than a decade of volunteer service to United Way, including chairing the campaign in 1999 and serving as chairman of the United Way of Erie County Board of Directors from 2003 - 2006. He currently participates on the United Way Advisory Board. Mr. Jacobs, his wife Alice and his family reside in East Aurora, N.Y.