John Sherman is an entrepreneur, civic leader, and philanthropist who is extensively involved in the business, civic, and philanthropic communities in the Kansas City region.
His first startup, LPG Services, grew rapidly and merged with Dynegy (NYSE:DYN) in 1996.
Mr. Sherman is the founder and past Chairman and CEO of Inergy, L.P. and Inergy Midstream, L.P. Inergy was founded by Mr. Sherman in 1996 and became a public company in 2001. Mr. Sherman led the company through a period of tremendous growth, creating total enterprise value of nearly $5 billion prior to merging with Crestwood Holdings in 2013. The merger with Crestwood created a diverse North American energy infrastructure company. Mr. Sherman currently serves on the board of the merged company – Crestwood Equity Partners (NYSE:CEQP).
In 2016, Mr. Sherman became an owner of the Cleveland Indians Baseball Club and serves as their Vice Chairman. He is involved and active in the management of the Cleveland Indians. Mr. Sherman is also active in the business of Major League Baseball and serves on the Audit Committee of MLB.
Mr. Sherman is immediate past chair of the Civic Council of Greater Kansas City and the Truman Presidential Library Institute. He is also on the Board of Directors of Teach for America Kansas City. He is a trustee of the Kauffman Foundation and the National World War I Museum and Memorial. John and his wife, Marny, are founders of the Sherman Family Foundation which focuses on supporting education in the Kansas City region.
Mr. Sherman serves on the board of Evergy (NYSE:EVRG) where he chairs the Compensation Committee and is a member of the Finance Committee. Evergy owns the electric utilities serving the region. He also serves on the Technology Acceleration Partners, LLC (TechAccel) Board of Directors.
Mr. Sherman has been recognized with numerous honors for his business, civic, and philanthropic leadership in Kansas City. In 2002, he was a recipient of Ernst & Young’s
Entrepreneur of the Year award. In 2009, he was named Entrepreneur of the Year by UMKC’s Bloch School of Business and the Council for Entrepreneurship and Innovation. In 2012, he received the Hope Award from the National MS Society for his philanthropic work in the Kansas City community. In 2013, Mr. Sherman was awarded an honorary doctorate by the UMKC School of Education for his work in urban education. In 2014, he was inducted into the inaugural class of the Bloch School of Business Entrepreneurs Hall of Fame with a group that included Ewing Kauffman, the original owner of the Kansas City Royals who brought major league baseball back to Kansas City, and Lamar Hunt, founder of the American Football League (AFL) and owner of the Kansas City Chiefs. In 2017, Mr. Sherman was the recipient of the Henry W. Bloch Human Relations Award from the Jewish Community Relations Bureau/American Jewish Committee.