Early Life
Stephen J. Bisciotti was born on April 10, 1960, in Philadelphia, Pennsylvania. His family moved to Severna Park, Maryland, in 1961. His father died of leukemia when Bisciotti was 8 years old. He was raised by his mother, Patricia, who was a nurse. Bisciotti participated in sports such as football, baseball, and basketball in high school. He graduated from Salisbury State University in 1982 with a degree in liberal arts.
Rise to Success
In 1983, at the age of 23, Bisciotti co-founded Aerotek with his cousin, Jim Davis. The company focused on staffing for the technology and aerospace sectors, starting in a basement office in Maryland. Aerotek grew rapidly and transformed into Allegis Group, a global network of specialized staffing firms. Allegis Group is now the largest privately held staffing firm in the United States, with over 14 billion in annual revenue. Bisciotti became the majority owner of the Baltimore Ravens in 2004. Under his leadership, the Ravens have won two Super Bowl titles.
Key Business Strategies
Bisciotti's business strategy has been characterized by a focus on talent acquisition and strategic acquisitions. His ability to identify and recruit talented individuals was key to the success of Aerotek/Allegis Group. He expanded the company's services, forming new divisions in IT, automotive, and telecommunications. In sports, Bisciotti's recruiting skills have been evident in the Baltimore Ravens franchise, demonstrated by the signing of players such as Odell Beckham Jr..
Philanthropy
Bisciotti and his wife Renee are involved in philanthropy through The Stephen & Renee Bisciotti Foundation. The foundation supports education, human services, and Roman Catholic organizations. The foundation and the Ravens jointly donated $5 million to support programs supported by Catholic Charities.
