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PETER BICHE
President, Business Operations/Chief Financial Officer
With 11 years of experience at Washington Sports & Entertainment,
Peter Biché oversees the business operations and financial
functions for the organization, including the Washington Wizards
and Verizon Center. Biché first started with the company
in 1996 as its Chief Financial Officer and was promoted to President
of Business Operations in 2007, adding these duties to his position
as Chief Financial Officer.
In his role as President of Business Operations Peter Biché
oversees all sales and marketing activities at the company, including
ticket sales, corporate marketing, executive seating, customer service
and game operations. As Chief Financial Officer, he is responsible
for all financial functions including corporate financing, accounting,
budgeting, insurance, and tax matters In addition to these duties,
Biché is responsible for managing relationships with Washington
Sports’ general and limited partners on financial, tax and
other matters, as well as with numerous professional advisors including
investment banking, legal, accounting, tax and insurance. He oversees
a staff of more than 80 people.
Significant undertakings since Biché joined Washington Sports
include the refinancing of the Washington Sports & Entertainment
enterprise; redevelopment efforts for the former Capital Centre
site into a 500,000 square foot retail/entertainment complex and
subsequent sale of the complex; oversight of the financial aspects
of the planning/development/construction of Verizon Center; and
the sale of the Washington Capitals, Washington Mystics and a minority
interest in Washington Sports to an investment group.
Prior to joining Washington Sports & Entertainment in 1996,
Biché spent 15 years as an investment banker in New York,
Chicago, and Philadelphia. As an investment banker, he advised on
mergers and acquisitions, public and private financings, and other
corporate finance activities. He was particularly active with corporations
in the media, communications, entertainment, and sports industries.
Biché received a bachelor’s degree from Georgetown
University and an MBA from the Wharton School at the University
of Pennsylvania. He is on the Board of Trustees/Directors for The
Key School, The Children’s Theater of Annapolis, The National
Sports Education Foundation, Washington Sports & Entertainment
Charities and several private companies. Peter Biché resides
in Annapolis, MD with his wife Ginger and his sons, William and
Hayes.
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