Maguire's Next Act: The Los Angeles Business Journal catches... - NBC Southern California

Maguire's Next Act: The Los Angeles Business Journal catches...

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    14141139
    2
    Germany
    1410731
    3
    Canada
    1181029
    processing...

    NEWSLETTERS

    The Los Angeles Business Journal catches up with Robert Maguire, reporting that the executive--who was forced to step down from his own commercial development company earlier this year--is now throwing himself into that restoration work at Van Nuys Airport (Maguire is now the largest terminal operator at the airport, according to the paper). Additionally, the 73-year-old talks about the failed attempts to sell his company (he took it public in 2003) and the financial events that led to his resignation. "Maguire, who hasn’t talked much since stepping down, told the Business Journal that he could have worked through the Orange County problems if the company were private. 'I thought it was time to get it out of the public markets. I didn’t like the direction,” said Maguire. “I didn’t like that for two years. I thought, ‘This doesn’t feel good.’ Intuitively, it is time to get out of the public markets.'" Also: Maguire loves himself some vino: He is growing wine grapes on the property of his Bel-Air home. [LABJ]

    For more stories from Curbed LA, go to la.curbed.com.