Tag: Joe Moglia

Behind David Bennett’s Back

The firing of Coastal Carolina University football coach David Bennett on December 9, 2011 caused an uproar among many CCU football fans in the area.

Bennett, the only coach in the program’s history to that point, was respected not only for taking the CCU program from zero to four Big South Conference championships in 10 seasons, but also for his personal values and charitable work in the local community.

Now we find that Bennett’s firing and replacement had a darker side that, frankly, Bennett did not deserve either personally or professionally.

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Billionaire Named New CCU Football Coach

Coastal Carolina University announced today that Joe Moglia, 62, former CEO and current Chairman of Wall Street firm TD Ameritrade, will be its new head football coach.

To call the announcement shocking is an understatement. Moglia, whose net worth is reportedly $1.2 billion, according to Forbes Magazine, is certainly the first billionaire to head up a Division I-AA college football program. Mark that as a first for CCU.

The announcement ends a three year quest during which Moglia left the financial services industry and returned to coaching football after a 25 year career on Wall Street. However, it is the quest and the number of years out of coaching that raises eyebrows.

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