Red Claws launch young professionals group

Portland’s new minor league basketball team is leveraging its high-profile owners to launch a young professional group.

The Maine Red Claws Young Leaders Program grew out of many people dealing with the team expressing interest in meeting one or more of the team’s owners, which includes such heavyweights as Bill Ryan, chairman of TD Bank, and Michael Dubyak, CEO of Wright Express, says Jana Spaulding, the team’s director of public and community relations. “It’s kind of a who’s who of businessmen in the state of Maine,” Spaulding says. “These are people that people want to know.”

The program — a partnership with the Portland Press Herald and Propel, the young professionals group affiliated with the Portland chamber — is open to 150 individuals willing to pay $300. Membership brings one season ticket, access to pre-game talks with coaching staff, plus invites to 10 special events, each of which includes one of the team owners or other business person as a guest speaker. Spaulding says the events will offer an “intimate setting” and allow “complete off-the-record exchanges between these individuals and these speakers.”

So far, Spaulding says about 80 people have signed up for the program. Most are young professionals “eager to expand their own horizons,” Spaulding says. “[The program] was designed for up-and-coming business leaders rather than well-established people in the community. They can get out of it as much as they put into it.”

The program is being marketed as an opportunity for young professionals to rub elbows with some well-known businessmen, but the team’s motives are not completely selfless. “These are our future season ticket holders and business partners,” Spaulding says. “It gives us an opportunity to grow those relationships from an early stage over the next several years.”

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Also, Spaulding says the team’s owners see the program as an opportunity to scout for young talent. “It’s definitely a give and take,” she says.

Faces behind the Red Claws

The Red Claws ownership group is a who’s who of area business leaders. Bill Ryan Jr., owner of Oxford Plains Speedway, says having a stake allows him to contribute to family-friendly entertainment that adds to the city’s vitality. “We’re all in it to make money,” he says, “but nobody’s depending on it to pay their light bill.” Here’s a list of the 15-member group:

William Ryan Chairman of the board, TD Banknorth, Portland

William J. Ryan Jr. Owner, Oxford Plains Speedway, Oxford

Jon Jennings Red Claws general manager; former assistant coach and scout, Boston Celtics

Michael Dubyak Chair, president and CEO, Wright Express Corp., South Portland

Rowland Moriarty Vice chair, Wright Express Corp., South Portland; chair, CRA International, Boston

Stephen Goodrich Founder and CEO, PowerPay, Portland

John Leonard President and CEO, MEMIC, Portland

Joseph DiLorenzo CFO, Plymouth Rock Studios, Plymouth, Mass.; former CFO, Boston Celtics

Drew Gilman Owner, NEPW Logistics Inc., South Paris

Stephen Griswold Real estate developer and owner, Portland

Barry Hobbins Attorney and state senator for District 5, Saco

Jed Troubh Partner, First New York Securities, New York, N.Y.; Falmouth resident

Ken Troubh Founder and president, NR&C Co., Portland

Ted Tye Managing partner, National Development, Newton, Mass.

Theodore West President, Atlantic National Trust, Portland

– Digital Partners -