He has also served as a member of the Walt Disney board of directors and the executive committee of the Disney board. Prior to this, he was the chief operating officer and a director of Penn Central Transportation Corporation, a multi-industry company that had approximately 40,000 employees. He led a leveraged buy-out of Arvida Corporation from Penn Central[4] with the Bass family in Texas and subsequently merged Arvida with Walt Disney. Earlier, he was an investment manager with Dodge & Cox and the chief executive officer of subsidiaries at Kaiser Aluminum.
In his 40 years as the CEO of Arvida Corporation, Disney Development, Kaiser Community Development, and Cobb Partners, Cobb has had the responsibility for the development of more than 30 new towns and master-planned communities.
Education involvement
Cobb was educated at Stanford University where he received his BA and MBA. He is the past chairman of the Board of Trustees of the University of Miami,[7] having been the chairman, vice chairman or past chairman of the trustees for over 35 years. He is a former trustee of the Stanford Business School Trust Fund, a member of the Advisory Council for the Stanford Business School, and the past president of two Stanford alumni organizations. He was the chairman of the Board of the Florida Business/Higher Education Partnership, the co-founder and trustee of the Barry University Charter School, a director of the South Florida Annenberg Challenge, a director of the Council for Educational Change and a former member of the Florida Governor’s Commission on Education.
Cobb has been married since 1959 to Sue M. Cobb, former U.S. Ambassador to Jamaica and Secretary of State of Florida. She is a lawyer, sportswoman, and author who chronicled her 1988 attempt to be the first American woman to reach the summit of Mount Everest with a book entitled The Edge of Everest. They have two sons, Christian (architect and Harvard MBA) and Tobin (investment banker and NYU MBA), and seven grandchildren.
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