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Ted Leonsis

Founder of Proxy Foods

Washington DC-Baltimore Area

Overview

Work Experience

  • Founder, Chairman, Managing Partner, Chief Executive Officer

    2010 - Current

    Ted Leonsis is founder, chairman, managing partner, and chief executive officer of Monumental Sports & Entertainment (MSE). In that role, Mr. Leonsis is the principal owner of the NHL’s 2018 Stanley Cup Champion Washington Capitals, the NBA’s Washington Wizards, the 2019 WNBA Champion Washington Mystics, the 2021 & 2020 NBA 2K League Champion Wizards District Gaming, and the NBA G League’s Capital City Go-Go. In addition to the teams, Mr. Leonsis owns the 20,000-seat Capital One Arena and operates MedStar Capitals Iceplex, the Capitals’ training facility, MedStar Health Performance Center, the Wizards, Mystics and Capital City Go-Go training facility, George Mason University’s EagleBank Arena, and District E, a premier, nearly 14,000 square foot live-event theater focused on esports, adjacent to Capital One Arena at Gallery Place. Mr. Leonsis also owns Monumental Sports Network, a regional media platform distributed on linear television, digital, mobile, and over-the-top (OTT) platforms. Monumental Sports Network is the exclusive local broadcast and streaming network for the Washington Capitals, Wizards and Mystics; and operates the state-of-the-art Monumental Sports Network studios located next door to Capital One Arena. Mr. Leonsis serves on the Board of Governors for the NBA, NHL, and WNBA. He is on the Executive Committee of the NHL, the Audit and Finance Committee of the NHL, the Advisory/Finance Committee of the NBA and serves as Chairman of the NBA Media Committee and Chairman of the NHL Media Committee.

  • Co-Founder

    2011

    As co-founder and partner at Revolution Growth, a $1 billion set of investment funds, Mr. Leonsis and his partners make a select group of speed-up capital investments each year in businesses outside of Silicon Valley that are leveraging technology and new models to disrupt existing, multi-billion dollar industries. Investments includes companies such as, Tempus, CLEAR, Scopely, Carbon Robotics, Meati, Sportradar USA, DraftKings, Bedrock Manufacturing (parent company of Shinola and Filson), Optoro, CustomInk, Cava and sweetgreen.

  • Board of Governors

    2010

    Mr. Leonsis serves as chairman of the NBA Media Committee.

  • Board of Governors

    1999

    Mr. Leonsis serves on the NHL Executive Committee, NHL Audit and Finance Committee, and is Chairman of the NHL Media and Content Committee.

  • Board of Governors

    2005

    Mr. Leonsis serves as a member of the WNBA Board of Governors.

  • Co-Executive Chairman

    2016

    Mr. Leonsis serves as Co-Executive Chairman of aXiomatic, which includes a portfolio of dynamic company holdings in the esports and video gaming industry. The portfolio includes a controlling interest in one of the world’s premier esports brands, Team Liquid as well as Epic Games, Niantic, Dapper Labs and many more.

  • Board of Directors

    2010

    Mr. Leonsis serves on the Nominating, Governance and Public Responsibility Committee and the Compensation and Benefits Committee.

  • Board of Directors

    2009

    Mr. Leonsis serves as Chairman of the Board, Chairman of the Nominating and Corporate Governance Committee and as a member of the Audit Committee.

  • Founder and Chairman of the Board

    2008

    In 2008, Mr. Leonsis founded SnagFilms, which enabled online audiences to watch, share and support documentary films. SnagFilms grew out of his experience as a producer of award-winning documentary films, including "Nanking," which won Peabody and Emmy awards. Snagfilms, which is now called ViewLift, offers a complete end-to-end solution to content owners to distribute and monetize their content across multiple device platforms, including web, mobile, over-the-top, connected TV, smart TVs and gaming consoles.

  • Co-Founder and Lead Director

    2024

    Proxy Foods enables food & beverage companies to efficiently create new or optimize existing recipes and products through its AI recipe formulation platform. The solution leverages industry-changing AI and precision analytics in response to the urgent demand for sustainable food solutions and increasing consumer awareness around nutrition and animal welfare. The platform meets the needs of research and development teams, food scientists, product developers, and chefs from multinational F&B manufacturers, food service providers, alternative protein companies and novel pet food startups looking to streamline complex R&D processes by weaving together ingredient data with advanced machine learning algorithms. It simplifies analysis and interpretation in the food development process, empowering companies to create responsible products with tastes and textures discerning consumers love.

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