Craig Zimmerman to resign from the Towbes Group
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Santa Barbara Inn project teaches lessons
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Ernst & Young gives entrepreneur awards to Direct Relief, TrackR
Ernst & Young honored two members of the Santa Barbara business community at its annual Entrepreneur of the Year awards for the Greater Los Angeles Region on June 15. Thomas Tighe, president and CEO of Direct Relief, received the Social Entrepreneurship recognition. Also among the eight winners was tracking device company TrackR, co-founded by Chris Read More →
Governor pays tribute to Towbes at memorial service
Gov. Jerry Brown made a rare appearance in Santa Barbara on May 23, paying a brief but personal tribute to tri-county businessman Michael Towbes. Towbes died April 11 after a battle with pancreatic cancer. He was 87. Speaking at a memorial service that filled the Granada Theatre, Brown described Towbes as “a helluva guy.” Towbes, Read More →
Banker, developer Towbes prioritized philanthropy
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Philanthropist, banker and developer Michael Towbes dies at 87
Updated at 10 a.m. April 14: Michael Towbes, the tri-county region’s most prominent philanthropist, banker and real estate developer, whose influence spanned nearly six decades, died April 13. He was 87. “He passed away early this morning, surrounded by family, in peace,” said Towbes Group President Craig Zimmerman, in an email to the Business Read More →
Munger on a mission: Housing for 21st century scholars
Munger made headlines nationwide when he gave $65 million to UC Santa Barbara to fund a planned scholars residence for the Kavli Institute of Theoretical Physics, enlisting South Coast developer-financier-philanthropist Mike Towbes, whose Towbes Group will build the three-story project.
