Kevin M. Nagle
2016 Distinguished Alumnus
Kevin M. Nagle
Chairman and CEO, The Nagle Company Holdings
1976, Bachelor of Arts, Speech Communication, CSULB
1974, Associate of Arts, General Education, Long Beach City College
A community-minded CEO with a track record for business innovation and expansion, Kevin Nagle is perhaps best known as the largest local owner of the Sacramento Kings basketball team and for working successfully to keep the NBA team in Sacramento. But Nagle is also widely admired as the co-founder and former CEO of Envision Pharmaceutical Holdings, Inc., the pioneering prescription benefits management (PBM) company he lead for nearly 15 years and before it was sold to RiteAid in 2015 for $2.3 billion.
Under Nagle’s leadership, Envision created a new business model which won numerous industry awards and today, it is one of the world’s largest and most influential PBMs. Described as “a Renaissance man among investors,” Nagle is now president and sole owner of The Nagle Company, Inc, a holding company which includes shopping malls, real estate assets and sports franchises.
His investments include the Sacramento Republic FC, a minor-league soccer club, Trojan Horse Productions, a film-production company and Moneta Venture Capital and Leavitt Partners Private Equity with board seats on each.
Named the 2015 “Executive of the Year” by the Sacramento Business Journal, Nagle also supports a variety of philanthropic causes and sits on the boards of St. Hope Public Schools, Saint Mary’s College of California, and the UC Davis School of Medicine. He is even prouder of daughters Lindsay, a teacher, and Haley, a neonatal intensive care unit nurse.
From Alumni Awards 2016 program