106. The Larry H. Miller Company – Giving Back and Enriching Lives
Oct 11, 2022
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Chief Strategy Officer David Smith from The Larry H. Miller Company discusses the company's commitment to giving back and enriching lives. Topics include the company's diversified business holdings, community building, and future growth strategies. David also reveals how his past roles in mergers and acquisitions prepared him for his current position at the company.
The Larry H. Miller Company's diversified portfolio includes real estate, healthcare, finance, and entertainment, focusing on enriching lives through culture and community building.
Community building and philanthropy are vital aspects of the Miller family culture, exemplified by Gail Miller, with a strong emphasis on giving back and serving others.
Deep dives
Larry H. Miller Company's Diversification and Core Values
The Larry H. Miller Company has diversified its portfolio into various sectors, including real estate, healthcare, finance, and entertainment. Their primary focus is enriching lives through culture and community building. The company emphasizes its core values of hard work, integrity, stewardship, and service, ensuring that all activities align with enriching lives and serving the community.
Community Impact and Philanthropy by Gail Miller
Gail Miller, the owner of the Larry H. Miller Company, exemplifies community building and philanthropy. The company's strong culture reflects the personal values of the Miller family, emphasizing giving back and serving others. Their commitment to enriching lives is evident through various initiatives, scholarships, foundation work, and community support, making a positive impact in Utah and beyond.
Future Outlook and Expansion of the Larry H. Miller Company
The Larry H. Miller Company envisions continued growth and diversification in the next five to ten years. They aim to acquire durable businesses, especially family-owned ones, and expand their philanthropic initiatives. By focusing on areas like home services, real estate, healthcare, finance, and sports, the company plans to maintain its mission of enriching lives and being a leader in the Utah business community.
This episode features a conversation with David Smith, chief strategy officer for The Larry H. Miller Company, and podcast host Pete Codella, Go Utah’s communications director. The Larry H. Miller Company is well-known for its business portfolio, including the 1979 opening of Toyota of Murray, which expanded to dozens of automotive dealerships in several states, the Utah Jazz, Salt Lake Bees, Megaplex Theatres, and other enterprises. This Utah company firmly believes in doing good and giving back. David explains how previous roles at various companies managing mergers and acquisitions prepared him for his current position at the company and how knowing the day-to-day operations and being on the frontlines continues to help him put people first. He expands on the company’s diversified business holdings, its core mission of enriching lives, and how its board of directors works closely with the executive team to preserve its culture. David also explains why community building and giving back are vital to the Miller family culture, what's in store for the company's future, and much more
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