Jack Coors
Jack Coors
Jack Coors currently works for North Side Bank And Trust Co. as president and chairman, having held this role since 1962.
Beimesche stated that he came close to selling the bank years ago, but ultimately chose not to because of his compassion towards its employees.
While many elite American families outsource business management services, CoorsTek remains family owned and managed.
Early Life and Education
Coors attended Phillips Exeter Academy, an elite boarding school in New Hampshire. Additionally, he studied chemical engineering at the University of Colorado where he received both his undergraduate degree in 1938 as well as master’s in 1940.
He returned to Golden and took on management positions within the family business. In 1962 he was named chairman and president of Adolph Coors Company as well as chairman of North Side Bank & Trust Co’s board of directors.
Coors was known for his contributions to conservative political causes during the 1970s, such as helping fund Heritage Foundation. Additionally, he served on Ronald Reagan’s “kitchen cabinet”, offering advice on political appointments and government policy decisions. However, Coors was often subjected to attacks from both liberals and conservatives alike.
Professional Career
He refined his company’s cold-filtered beer production system and initiated America’s first large-scale recycling program by offering one-cent returns for aluminum cans. Furthermore, he battled environmental restrictions to allow cross-state transport of toxic waste.
He holds both a B.Sc. in chemical engineering from Mines and an M.Sc. from CSM in materials science; today he serves as Chief Scientist and Member of the Board at CoorsTek Membrane Sciences AS in Oslo, Norway.
Coors began working for North Side Bank (pronounced as two words although its location in Cincinnati’s Northside neighborhood is also called Northside) in 1950 and eventually rose through its ranks to become its president some four decades later, according to Don Beimesche, senior vice president at North Side. Beimesche noted that Coors nearly sold off North Side but decided against it due to fears for workers if it would result in their jobs being lost.
Achievement and Honors
His invention of the aluminum can revolutionized the entire beverage industry. Although faced with resistance from companies who didn’t want change, he persevered until his vision came true. Not content to stop at work alone, he also became an advocate for employee wellness – founding one of America’s first corporate wellness centers.
He was an active member of St. William Catholic Church where he served as lector, usher and choir member. Additionally, he held Third Degree Knights of Columbus membership. Additionally, he enjoyed outdoor recreation and wildlife conservation efforts.
His civic responsibilities included serving on the boards of directors for Denver Art Museum Foundation and Western Stock Show Association, in addition to being a founding trustee and lifetime member of Colorado Outward Bound School.
Personal Life
Jack Coors has served as President and CEO of North Side Bank And Trust Co. for six months.
He possesses an amusing and socially engaging demeanor and enjoys making new acquaintances in Golden, Denver and elsewhere.
He enjoys hiking, skiing and spending time with his family; he owns several pets including dogs and horses. An avid reader and writer himself, he has contributed books and articles for various publications such as The New York Times, Wired magazine and Playboy magazine; in addition to serving as staff writer for The New Yorker magazine.
Net Worth
The Coors family is one of the wealthiest families in America and best-known for its brewery business which generates much of its income. However, the Coors family also boasts real estate investments and operates an investment company.
Family success has not come without controversy, however. Their ultraconservative views and anti-union stances have drawn the ire of organized labor and civil rights groups; these issues even led to boycotts against their beer that continued well into the mid 1980s.
Even so, the family remains committed to keeping its businesses within the fold; Adolph’s sons Pete and John Coors continue running both brewery and ceramics companies with no outside help from professional managers or other sources.