Jeffrey Vanderbeek

Jeffrey Vanderbeek is the owner of the New Jersey Devils, a professional ice hockey team in the National Hockey League. Vanderbeek, a New Jersey native and Devils season ticket holder since the late 1980s, became a minority owner when Puck Holdings, an affiliate of YankeeNets, purchased the team in 2000. In 2004 he bought the team outright and resigned his position as an executive vice president of Lehman Brothers, [cite news|url=http://www.nytimes.com/2004/03/03/sports/hockey/03DEVI.html|title=Wall Street Executive to Buy Devils|publisher=The New York Times|date=2004-03-03|accessdate=2006-11-15] which he joined in 1984. [Lehman Brothers Holdings, [http://sec.edgar-online.com/2002/03/01/0000912057-02-008375/Section8.asp Form DEF 14A] . Filed 2002-03-01. Retrieved on 2006-11-15.] He was ranked the ninth highest paid executive of 2002 by "Business Week" with pay totaling over $29 million. [cite news|url=http://www.businessweek.com/bwdaily/dnflash/mar2003/nf20030321_1805_db035.htm|title=Exec Pay: More Pain for CEOs|last=Lavelle|first=Louis|publisher=Business Week|date=2003-03-21|accessdate=2006-11-15] Vanderbeek has been a strong proponent of the Prudential Center, which hosted its first New Jersey Devils hockey game on October 27, 2007. [cite news|title=Newark approves $200M for arena|publisher=The Record (Bergen County)|last=Brennan|first=John|date=2002-10-17] [cite news|url=http://www.post-gazette.com/pg/06212/709950-61.stm|title=$290M in funding tight, but doable, for arena|publisher=Pittsburgh Post-Gazette|last=Rotstein|first=Gary|date=2006-07-31|accessdate=2006-08-30] He currently resides in Warren Township, New Jersey.

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