Stephen M. Case

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Stephen M. Case, or Steve Case as he is popularly known, the co-Founder of America Online, was born on August 21, 1958 in Honolulu, Hawaii. His father was an attorney, his mother an elementary school teacher. He is the third of four children.

America Online, made its national debut in 1989. In 1995, Case assumed leadership of AOL. Under Case's leadership, America Online led the industry in such areas as consumer privacy, integrating technology into schools and ensuring the safety of children on the Internet.

In 2001 Stephen Case orchestrated a merger by acquiring Time Warner for $106 billion. Case served as Chairman of the combined enterprise, AOL Time Warner, for two years. In 2003, Stephen Case stepped down as Chairman of AOL Time Warner.

In an article in the January 2005 Hawai'i Business, entitled, Best Case Scenario, Jacy Youn reports:

...since stepping down as chairman of AOL Time Warner Inc. in 2003, he has increased his presence in the Islands - physically and financially. He has often been spotted island hopping, tending to and learning about his local investments (Case owns 42.9 percent of Maui Land & Pineapple Co. Inc. (MLP:AMEX) shares, making him the majority owner, and 100 percent of Grove Farm Co. Inc. on Kauai. Each of these companies has a half-million dollar stake in the Hawaii Superferry.) With each trip, he's also on the lookout for opportunities with the potential for both financial and social gains. [1]

But, more than investing monetarily, the article goes on to give examples of the Case belief in investing socially:

Case, for one, is a big believer in what he calls the concept of "doing well and doing good," and he's applying this practice of solving large-scale social problems with entrepreneurial tactics to all of his current and future Hawaii investments. [2]


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