tom pohlad mn

Use of this website is subject to its Terms of Use | Privacy Policy | Your California Privacy Rights/Privacy Policy | Do Not Sell My Info/Cookie Policy. Chase has built considerable industry knowledge during his nearly three decades of experience in automotive sales, service, marketing, product planning and pricing roles, including Group General Manager of Motor Werks Auto Group and U.S. and international assignments with General Motors, in addition to his three years at CMG. regulatory actions against them, customer complaints or instances of arbitration or termination of employment. We have been fortunate.". The foundation, currently valued at $173 million, made contributions of $19.6 million in 2009 for job creation, small-business assistance and funding for nonprofit organizations already strapped by a tough economy. "You need to avoid the pitfalls -- money and power," Jim Pohlad said. Dorothy Bridges, Ryan Burnet, John Crosby, Caren Dewar, Tom Paul, Tom Pohlad and Liz Wielinski begin terms this month, as Sue Bennett and Sarah Harris are elected to key leadership positions. "Except for the Twins, every one of the businesses has suffered through this economic downturn. Six-car garage including detached heated/ air conditioned garage. Given his career in Hollywood, Bill Pohlad would seem to be the most likely to be seduced by the temptations of wealth, but he remains rooted in Minneapolis, choosing to live here instead of California. In 1984 Pohlad bought the Minnesota Twins for about $36 million; part of the family's holdings, the team Three brothers - Bill, Bob and Jim Pohlad - own and manage a group of more than 30 diverse Minneapolis-based businesses. Tom invested in both public equity and fixed income securities, as well as managed investments in privately held businesses in industries ranging from consumer products to financial services. American professional sports owners have contributed nearly $47 million in federal elections since 2015, according to research by ESPN in partnership with FiveThirtyEight, including $10 million. Sign up for your daily digest of Minnesota News. Tom lives in Shorewood with his wife and has three adult daughters. Aaron lives in Prior Lake with his wife and two children. Previously, Thomas was a General Manager at Porsche. Sherman Associates is taking its first step into the booming Rochester market wi[], Aluminum recycler Spectro Alloys Corp. is seeking state assistance for a propose[], While justices may favor the 94-year-old Minnesota widow, some defend states [], Minneapolis-based Swervo Development has acquired the land it needs to build a n[], Minnesota has been reducing carbon emissions much faster than other Midwestern s[], Build it and they will come? Tom Pohlad Dave St. Peter President Minnesota Twins Matt Van Slooten Chief Executive Officer United Properties Jeffrey Weidell President & Chief Executive Officer Erryn Williams Chief Talent & Diversity Officer Pohlad Companies, LLC Back to top And you have to help each other be successful.". He is a son of Rebecca C. Pohlad and Robert C. Pohlad of Edina, Minn. His father is the chairman and chief executive of Pepsi Americas, in Minneapolis. Tom joined the Pohlad family business after graduating from Boston College in 2002, holding roles in Pohlad Companies ranging from Commercial Real Estate to Major League Baseball to Pepsi Bottling. While the Twins often dominate the headlines about the family's businesses, the team is but a portion of a larger Pohlad organization. . Contact the advisor for individual fee structure details. It must become acceptable that their stories will be fragmented, that their affect may be inappropriate because they are shielding themselves from being re-traumatized. Bob supervises the organization's other companies. Financial Aid Is Changing. The brothers consider themselves equals in the overall Pohlad organization, although Jim oversees the Twins and Bill is CEO of his movie production company, River Road. The home boasts 2,000-square-feet of deck overlooking Lake of the Woods and Canada. Pohlad home fetches year-high $10.37M The sale of the 8,374-square-foot home at 2209 Huntington Point Road E. in Wayzata closed on Monday. Bob, fresh from running one of the largest Pepsi bottling companies in the country, is the operations guy. 6385 Old Shady Oak Road, Suite 200, Eden Prairie, MNWebsite. It last sold in 2017 for $7.25 million, Hennepin County records show. Before joining Murphy Pohlad Asset Management LLC in 2002, Tom spent 16 years as a principal of his family office. Many felt the Pohlad family should cover the costs; Carl Pohlad wanted public money for the half-billion-dollar project. 2 Fee Structures for Murphy Pohlad Asset Management LLC, 1 Service offered by Murphy Pohlad Asset Management LLC. Tom Pohlad is currently CEO of PaR Systems, which is under the Pohlad Companies umbrella. Her father works in New York as the Northeast regional president of Arthur J. Gallagher and Company, an insurance brokerage firm in Itasca, Ill. Mr. Pohlad, 26, works in Chicago as a financial analyst at NorthMarq Capital, a family-owned mortgage banking firm in Minneapolis. The Pohlad family and the Pohlad Companies have a deep commitment to the communities where they live and work, demonstrated through the Pohlad Family Foundation, along with the giving and engagement initiatives of its operating businesses and employees. in Economics from the University of Minnesota and is a CFP professional. But because of them, the Jordan area is a better place to live, he said. The Pohlad organization successfully sold its world-leading Pepsi bottling and distribution business for $2.12 billion, and contributed millions in charitable donations to fund jobs and improve living standards for the state's needy. The Minnesota Department of Revenue (DOR) shows RSLT Holdings LLC purchased the home from Tom and Linda Pohlad this summer for $10.375 million. In Charlottes largest labor demonstration in two decades, about 450 American Airlines pilots protested the slow pace of contract talks near an entrance to Charlotte Douglas International Airport on Monday. "Dad had always been such a strong presence," he said. 1:27. Tom Pohlad is currently CEO of PaR Systems, which is under the Pohlad Companies umbrella. Rep. Alexandria Ocasio-Cortez and Chrissy Teigen are among the Twitter rivals most high-profile users. Spacious Owner's suite featuring a luxurious closet with large center island, and spa-like bath with oversized steam shower and waterside private deck. The Minnesota Department of Revenue (DOR) shows RSLT Holdings LLC purchased the home from Tom and Linda Pohlad this summer for $10.375 million. "Our dad stressed the importance of sticking together -- no matter what," Bob Pohlad said. We also use third-party cookies that help us analyze and understand how you use this website. When financial advisors have events The team just completed its inaugural season in the new Target Field ballpark, a project once loathed by many in the community that is now being embraced as a success. Despite near-term financial sector pressure, value-minded investors should consider these funds for the long haul. Zach has a B.A. E. in Wayzata. 2/14/2023 11:01 PM. It is mandatory to procure user consent prior to running these cookies on your website. ", You won't find any titles at the top of the Pohlad organization. By Chris returned to the Twin Cities two years ago after working in the NorthMarq Capital office in Seattle. https://www.nytimes.com/2006/06/18/fashion/weddings/18BROW.html. The franchise just completed its first season in the newly built Target Field, a facility that deeply divided the metro area over how much the public should pay toward it but was wildly successful in its inauguration. The brothers operate from a suite of offices in the RBC Plaza tower on the corner of 6th Street and the Nicollet Mall in downtown Minneapolis, three blocks from the new ballpark. Earlier this month, reports circulated that a Pohlad-owned company was negotiating to develop part of a high-profile block on the Nicollet Mall. Tap into regular income via these leading dividend stock funds. It last sold in 2017 for $7.25 million, Hennepin County records show. Large guest suite, three junior bedrooms with shared deck, bonus room, hobby room & laundry room complete the upper level. Not so with Diamond Sports Group, which is facing pushback from the Phoenix Suns and Mercury. (In 2008, Forbes magazine estimated Carl Pohlad's net worth at $3.6 billion.) Thomas Pohlad is a financial advisor in Eden Prairie, MN. Jim, long at his dad's side, is considered the visionary. Beyond the Skyline is a podcast and video interview about economic development, real estate and construction in Minnesota. He graduated from Boston College. The seller, Tom Pohlad, bought it for $7.25 million. "The transition [when Carl died] went well. © 2023 PAR Systems. No Certifications 20 Years. You also have the option to opt-out of these cookies. He has been in practice for 20 years, the last 21 years at Murphy Pohlad Asset Management LLC. We are excited by these leadership changes which will capitalize on the energy and creativity among the smart, talented and passionate teams at both operating companies, said Colianni. A Lake Minnetonka island property is for sale. Advisors with this background can help you choose good investments and recommend whether you should take an aggressive or conservative investment approach. The Pohlad interests range from car dealerships, real estate ventures and an iconic jewelry store in Minneapolis to finance, radio, motion pictures, and, of course, the Minnesota Twins baseball team. The Pohlad businesses have felt the effects of the Great Recession, which was particularly tough on the financial services sector, a prominent Pohlad niche, and commercial real estate. Subscribe for access to the latest digital and special editions. John holds a J.D. "That's good," said Tom Hubler, head of Hubler for Business Families. It seemed endless. Zach joined Murphy Pohlad Asset Management LLC in 2020. That "was probably the low point for the Pohlad name," said Dave Mona, a public relations executive and WCCO Radio personality. Maurizio Cattelans art piece, Comedian, was munched by a hungry visitor, the second time the pricey banana has been eaten. Showcase your expertise and keep your information up to date by connecting with potential clients. However, it should be noted that he isn't too involved with the team side of things but instead leaves that to the people who have been entrusted with said responsibilities. They frequently have lunch together, often walking across the street to Mission or down the block to Zelo, two popular business eateries. Thomas Pohlad in Minnesota. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Best Parent Student Loans: Parent PLUS and Private, Investment Adviser Public Disclosure database. Heres What To Know About Ex-Twitter CEO's New Invite-Only Social Network--As These Celebrities Sign Up, Monday, May 1. Architect: Leo A Daly and TEN x TEN. That may be true for Allianz Field, home of the Min[]. Gonzaga University University of Minnesota CARL POHLAD OBITUARY Pohlad, Carl R. An Extraordinary Husband, Father And Business Entrepreneur Passed away peacefully at home in Edina on January. Thomas Pohlad. Here's what the rest of the real estate listing says about the property: "This thoughtfully designed home offers formal and informal spaces, French doors opening to the gorgeous backyard & walls of windows overlooking the lakeshore at every turn. Thomas Pohlad is 42 years old and was born on 01/24/1980.Thomas Pohlad lives in Excelsior, MN; previous cities include Wayzata MN and Minneapolis MN.In the past, Thomas has also been known as Thomas O Pohland, Thomas O Pohlad and Thomas L Pohlad. We are confident that, under Toms direction, PaR will build on its strong market position, continuing to advance its breakthrough work in automation, robotics and specialty material handling, and equally certain that Carousel Motor Group will continue to thrive and maintain its superior brand stewardship and exceptional customer experience under Chases leadership.. Pohlad is the one responsible for running the Minnesota Twins. It was not a good time.". Also, such filings may not represent all regulatory or legal actions against a firm or Compensation types are listed for Murphy Pohlad Asset Management LLC. Email. That spirit has continued. Vice President of Asset Management (Chris), EVP of Brand Strategy and Growth, Minnesota Twins (Joe), and CEO, PaR Systems (Tom). Prior to joining Carousel Motor Group in 2010, Tom held roles in Pohlad Companies ranging from Commercial Real Estate to Major League Baseball to Pepsi Bottling. December 29, 2010 - 6:05 AM. Investors looking to participate in the growth of the metaverse can use these six ETFs for exposure. 2417 Woodwinds Lane, Minnetonka Beach, MN 55391 This home, with 1,600 feet of shoreline at the tip of a secluded peninsula, was bought by Bill Pohlad in April 2011 for $5,200,000 from businessman Thomas L. Meehan (it had been originally listed for $6,500,000). years, the last 21 years at Murphy Pohlad Asset Management LLC. MSP Communications, 953 Westgate Drive, Suite 107, St. Paul, MN, 55114 2023 Key Enterprises LLC All rights reserved. "We made a decision early on to take a public position in terms of trying to convince folks to build a new stadium," said Bob Pohlad, now 56. While most casual observers point to Target Field as the Pohlads' biggest contribution to the community, Minneapolis Mayor R.T. Rybak looks elsewhere. "The boys really stick together," Stofer said. Jeffrey Dewing of Coldwell Banker Realty represented the seller. But Jim Pohlad, 57, still carries one -- "big brother. Name: Thomas Pohlad, Phone number: (612) 338-8714, State: MN, City: Excelsior, Zip Code: 55331 and more information A Lake Minnetonka home purchased by Tom Pohlad in 2017 has sold for $10.37 million, the biggest haul for a single-family home in the Twin Cities so far this year. His grandfather Carl R. Pohlad is the owner of the Minnesota Twins. He is also a Chartered Financial Analyst. in 2010. The property,described in the listing as an "unprecedented Lake Minnetonka estate," is located at 2209 Huntington Point Rd. Brother Bob was chairman and CEO of family's PepsiAmericas Inc. until the bottler was acquired by PepsiCo. Tom joined the Pohlad family business after graduating from Boston College in 2002. Engineer: Meyer Borgman Johnson (structural) International Institute of Minnesota. With the "crypto winter" talk dying down and digital assets heating up, here are the top cryptocurrencies to buy now. "You need to put energy into the success of the company outside the business relationship. from the Loyola University of Chicago School of Law and a bachelors degree in accounting from the University of Illinois. Consumer staples stocks are the workhorses of any investment portfolio. Necessary cookies are absolutely essential for the website to function properly. "He wouldn't ever throw his weight around, so to speak. For additional information on Thomas Pohlad's client base, please contact the advisor. The existence of such filings may not result in censure or penalty for an advisor and customer complaints against Once again, a South Korean artist has come close to topping the Billboard 200 chart in America, only to miss out by one frustrating space. He has lived or worked in countries on five continents. in addition of any unique situations you may have. Over the years, the business expanded into commercial real estate, automotive sales, sports, entertainment and investments. In 2020, Tom, the oldest grandson of Carl, will focus on growing PaR Systems, a Shoreview-based company the Pohlads acquired in 2017. Jim adapted Carl's opportunistic manner.". In the end, their unity may prove to be as much the family's legacy as their business success. John Divine and Coryanne HicksJune 24, 2021. "The minute you sense there might be an issue, you've got to work on that. Los Angeles Chargers Trigger The Club Option On Justin Herberts Deal, But Pass On Doing So With Kenneth Murray, Diamond Sports Bankruptcy Setback : Phoenix Suns And Mercury Bailing From RSN, What Is Bluesky? Befitting his movie producer image, Bill wears his hair considerably longer than his brothers. "The last couple of years have been the most challenging," said Jann Ozzello Wilcox, chief investment officer for the Pohlad organization. those events to regulators. Twin Cities Apartment Development Tracker, Your California Privacy Rights/Privacy Policy. Tom Pohlad Tom is an Investment Adviser and a Principal of the Firm, interacting with individual clients and families to provide investment and financial advice. The property, described in the listing as an "unprecedented Lake Minnetonka estate," is located at 2209 Huntington Point Rd. Pohlad takes over for Mark Wrightsman, who served as the CEO of PaR Systems since 1999.Wrightsman will serve as an adviser to the company, and will remain on the company's board. Over the years, the business expanded into commercial real estate, automotive sales, sports, entertainment and investments. (File photo: Bill Klotz). Pulling out a cell phone could get you kicked out of some stand-up events including Dave Chappelles arena tour. Built in 2010, the 8,580-square-foot home sits on a 1.35-acre lot that features more than 160 feet or shoreline. The sale of the 8,374-square-foot home at 2209 Huntington Point Road E. in Wayzata closed on Monday. Individuals and small-business owners can consult an advisor with this specialty for assistance making the most money from their investment portfolios. "We can take what we've been given and build from that. 2023 BridgeTower Media. Data obtained from U.S. Securities and Exchange Commission updated as of 12/14/2022. Schedule a conversation with a PAR consultant and discover how PAR Systems can maximize efficiency. "It was a good year," said Jim Pohlad, who runs the Twins as CEO. We are the only independent daily newspaper dedicated to business reporting. 1 impediment is the dollar," Browne said. How Will It Affect Your Family? A five-bedroom, seven-bathroom Lake Minnetonka home owned by members of the Pohlad family has sold for more than $10 million. Thomas Pohlad is a financial advisor in Eden Prairie, MN. Here's what the rest of the real estate listing says about the property: "This thoughtfully designed home offers formal and informal spaces, French doors opening to the gorgeous backyard & walls of windows overlooking the lakeshore at every turn. Chase received his Bachelor of Commerce degree from the University of Natal, Durban in his native South Africa. Storage outbuilding for boat + pool accessories.". This Foreign Limited Liability company is located at 707 COUNTY RD E WEST, SHOREVIEW, MN, 55126 and has been running for three years. MINNEAPOLIS, Minn., January 30, 2019 The Pohlad Companies, a privately held portfolio of businesses and investments spanning a variety of industries, today announced that effective February 4, 2019, Tom Pohlad, president and COO of Carousel Motor Group (CMG), will become CEO of PaR Systems LLC, a leading provider of automation, robotics and Before joining Murphy Pohlad Asset Management LLC in 2002, Tom spent 16 years as a principal of his family office. Pohlad works at Murphy Pohlad Asset Management LLC. The home's wall of windows affords views of McFarland Lake and the wilderness. Client types are by firm, and represent a percentage of assets under management. River Road also produced "A Prairie Home Companion'' in 2006 and the Sean Penn-directed "Into the Wild'' in 2007. During her last year at the University, she completed our Intern Program. , Star Tribune Enjoy the meticulously landscaped grounds with expansive stone patio and two sets of stairs down to the shore, pool and outdoor family room with fireplace- the perfect blend of indoor & outdoor living. By clicking Accept, you consent to the use of ALL the cookies. more of the story, Cereal-maker Post settles trademark dispute with band OK Go, Yellen says US could default as soon as June 1, Target CEO Brian Cornell saw his compensation drop 41% last fiscal year, Minnesota fines CVS Caremark $500,000 alleging improper pharmacy benefit handling, HMO profits from Minnesota state programs jump to $675.8M with enrollment surge. Bond funds have some distinct advantages over holding individual bonds. "It was a bad decision. Large guest suite, three junior bedrooms with shared deck, bonus room, hobby room & laundry room complete the upper level. She is a daughter of Susan T. Brown and Douglas B. advisor. This category only includes cookies that ensures basic functionalities and security features of the website. Operating Companies includes ownership and management of firms in diverse industries such as commercial real estate mortgage banking (NorthMarq Capital), automobiles (Carousel Motor Group) and automation (PaR Systems); Real Estate includes commercial real estate development and investment activities, principally through United Properties LLC. Pohlad is registered to serve investors in Minnesota. This website uses cookies to improve your experience while you navigate through the website. Tom Pohlad and his wife, Lindsay, have sold their 8,374-square-foot Wayzata home on Lake Minnetonka for $10.37 million, according to a certificate of real estate value made public last week. Mark will remain on the board of PaR Systems and serve as an advisor to Tom and the company. Special Needs Financial Planning: Smart Advice For Families Coping With Disabilities, Family Matters: The Best California Wines Come From Family-Owned Vineyards, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. It last sold in 2017 for $7.25 million, Hennepin County records show. Then a financial analyst in the Chicago office of Minneapolis-based NorthMarq Capital, a mortgage banking firm focused on the commercial real estate industry, Tom Pohlad is now CEO of. Indeed, as his younger brother described, Jim Pohlad is reluctant to talk much about himself and grants few interviews, but he remains well-known around the Twin Cities for one reason: the Twins. All rights reserved. 0:00. Tom (son of Twins co-owner Robert Pohlad) and Linda Pohlad had owned the home. Brown of Ridgefield. in their practice that could influence their ability to advise clients, theyre required to disclose Realtor.com did not identify the buyer. With Toms departure from Carousel Motor Group, Chase Hawkins, vice president Porsche brand, will become president and COO, broadening his strategic, financial and functional responsibilities for the business, while maintaining his role at Porsche. All Rights Reserved. 75 (two-way tie): The Pohlad family's 20 members are said to be worth $3.8 billion for their varied business ventures, which includes Minneapolis-based Pohlad Cos., the Minnesota Twins,. James is related to Thomas Orourke Pohlad and Sara Kacey Wood as well as 3 additional people. Beginning in 2008, the foundation provided $2 million in forgivable loans so residents could purchase homes, many of which were in foreclosure, and another $250,000 in additional forgivable loans for residents to repair and rehab existing homes. Age 78 of Edina Preceded in death by husband of 44 years, Harold "Chug" Pohlad. Investors look to the precious metal amid market uncertainty. Spacious Owner's suite featuring a luxurious closet with large center island, and spa-like bath with oversized steam shower and waterside private deck. The seller, Tom Pohlad, bought it for $7.25 million in 2017. 23 of America's richest billionaire families donated to Minnesota Democrats (DFL) in the past three years. -- . Chris is involved in the design and operations of the Four Seasons hotel, which will be part of this United Properties development. "I don't go to parties and try and meet every possible director or writer. The Pohlad Companies acquired PaR Systems in October 2017 from MML Capital Partners. Owner: Minnesota Historical Society. Up to 60 cars were involved in a pile-up on I-55 south of Springfield, Illinois, amid near-zero visibility. It will be used as a single-family home, the DOR records say. Most Chapter 11 Bankruptcy cases are fairly straight forward, with creditors agreeing to take pennies on the dollar or swap debt for equity. I want to be able to connect with an individual on a one-to-one basis.". The brothers say they knew the day would come when they would be running the family businesses without their father. It must become accepted that victims of domestic violence have suffered a trauma and/or are suffering from PTSD. If there are no advisors then the widget is hidden. Tom Schad. They inherited the Pohlad Companies from their father, self-made billionaire Carl Pohlad (d. 2009), who started out delivering laundry and sweeping floors in the Depression-era Midwest. View Tom Pohlad's record in Excelsior, MN including current phone number, address, relatives, background check report, and property record with Whitepages. Such disclosure event filings can include certain criminal and civil matters, You need to have lunch together.'' In the 1950s, he launched a banking and financial services firm. "Everything performed better than planned.". Disclaimer: Bring Me The News was previously owned by Pohlad Companies. It was there he learned the importance of each individual client, and now enjoys the ability to provide the personal advice clients deserve. But more financial planners are aiming to help. Find contact's direct phone number, email address, work history, and more. On the heels of the Twins 101 wins in the 2019 regular season, Joe will leverage that success with branding efforts for the 2020 season. Prior to joining the firm, Zach started his career at a national financial planning firm. Chris Pohlad-Thomas Customer Success Specialist at Cisco Richmond, VA. Cisco, +3 more . The brothers say they are open to all sorts of investments, which explains their diverse holdings. Three brothers - Bill, Bob and Jim Pohlad - own and manage a group of more than 30 diverse Minneapolis-based businesses. In Katherines free time, she enjoys doing outdoor sports with friends and spending time with her family. Minnesota. U.S. News' 10 best stocks to buy for 2023 list is up 13.1% through April 24, compared to a 7.7% gain for the S&P 500. Disclaimer: Bring Me The News was previously owned by Pohlad Companies. Robert Cassidy, a Roman Catholic priest, taking part. "I'm not a networking guy," Bill Pohlad said. University of MN, +1 more Tom Pohlad Associate at NorthMarq Minneapolis, MN . He is a son of Rebecca C.. Nearly every game was a sellout. But that doesn't mean the transition has been easy, said Bob Pohlad. "When that ended, we had emotional issues to go through, we had estate issues to go through, we had organizational things to go through. The inaugural TC Summer Fest is set for July 14-15. Long-term investors might prefer these low-cost Fidelity mutual funds as core portfolio holdings. Built in 2012, the five-bedroom, seven-bath house sits on a 1.35-acre site with endless water views, according to Realtor.com. Over the years, the business expanded into commercial real estate, automotive sales, sports, entertainment and investments. They speak of one another in respectful tones, well aware that interfamily fighting has been a cancer for other family businesses as they pass from one generation to the next. Tom and his wife Lindsay have three boys and live in Minnetonka Beach, MN. Son Jim took over as the team's chief executive after Pohlad died at age 93. Get our free e-alerts & breaking news notifications! KEY FACTS ABOUT PAR SYSTEMS GROUP, LLC. USA TODAY. "Right before my eyes, the neighborhood was literally transformed," Browne said. The listing describes it as an "unprecedented Lake Minnetonka estate.". The S&P 500 makes it easy to invest in some of the best stocks in America. The BCA is asking other potential victims to come forward. ", Send this article to anyone, no subscription is necessary to view it, Anyone can read, no subscription required, See ", Embracing such priorities is essential for a wealthy family-owned business, especially one that is trying to make a successful transition to the next generation, said Hubler, the family business consultant. Carl Pohlad reinforced his reputation as a tough negotiator, at one point threatening to allow Major League Baseball to dissolve the franchise back in 2001. The Rev. Prior to that, Tom worked as a commercial lender at a large Minnesota based bank.

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