Early Life
Denise Prenosil was born in 1960. Little is publicly known about her early life. In 1984, she married Ed Stack, who later became the CEO of Dick's Sporting Goods. At that time, Ed Stack and his siblings purchased the company from his father.
Rise to Success
Prenosil's financial success is directly tied to her divorce from Ed Stack in 2006. As part of the settlement, she received a substantial ownership stake (approximately 5%) in Dick's Sporting Goods. This stake, combined with stock options she also received, became the foundation of her wealth. While she exercised and sold some of the stock options over the following decade, Prenosil retained a significant portion of her initial equity.
Key Business Strategies
Denise Prenosil's wealth strategy has been centered on holding a long-term equity position in a successful company. Unlike some high-profile billionaires who actively manage and operate businesses, Prenosil's approach has been more passive, allowing her wealth to grow as Dick's Sporting Goods expanded and thrived under Ed Stack's leadership. The company’s revenue in fiscal year 2024 was $13.4 billion, demonstrating the value of her investment.
Philanthropy
Specific details about Denise Prenosil's philanthropic activities are not readily available in public sources. However, her association with the success of Dick's Sporting Goods suggests she may support various causes through the company's established charitable programs.
