The team from 1988 until 2018 was owned by Microsoft co-founder Paul Allen; ownership of the Trail Blazers is currently via a series of holding companies which Allen owned. Vulcan Inc. is a private corporation in which currently Allen's sister Jody Allen as head of the Paul Allen's estate is the chairman and sole shareholder. A subsidiary of Vulcan, Vulcan Sports and Entertainment (VSE), manages Allen's sports-related properties, including the Trail Blazers, the Seattle Seahawks NFL team, the Seattle Sounders MLS team, and the Moda Center. In the fall of 2012, Peter McLoughlin was named CEO of Vulcan Sports and Entertainment.