DEADLINE FOR WALTON COLLEGE ARKANSAS BUSINESS HALL OF FAME NOMINATIONS

FAYETTEVILLE, Ark. - The deadline for nominations for the Arkansas Business Hall of Fame is August 1, 2002.

The Sam M. Walton College of Business at the University of Arkansas established the Arkansas Business Hall of Fame in 1999, recognizing Arkansans - by birth or by choice - who have been successful business leaders. The Arkansas Business Hall of Fame honors, preserves and perpetuates the names and outstanding accomplishments of business leaders who have brought lasting fame to Arkansas.

1999 Inductees

William T. Dillard, Sr., Dillard's Stores

Charles R. Murphy, Jr., Murphy Oil

Jackson T. Stephens, Stephens Inc.

the late Sam M. Walton, Wal-Mart Inc.

2000 Inductees

Joe T. Ford, ALLTEL Corporation

the late Harvey Jones, Jones Truck Lines

the late Donald W. Reynolds, Donrey Media

Don Tyson, Tyson Foods, Inc.

2001 Inductees

the late Col. Thomas H. Barton, Lion Oil Company

the late William E. Darby, National Old Line Insurance Company

J. B. and Johnelle Hunt, J.B. Hunt Transport Services, Inc.

John H. Johnson, Johnson Publishing Company, Inc.

2002 Inductees

Roland S. Boreham, Jr., Baldor Electric Company

F. Sheridan Garrison, American Freightways Inc. (FedEx Freight)

Gene George, George's Inc.

Walter V. Smiley, Smiley Investment Company.

A selection committee of business and civic leaders from around the state and the nation will review the nominations and select the honorees. The criteria for selection are:

• No more than four individuals will be inducted annually.
• Nominations will remain on file for five years.
• It is not necessary to fill out the nomination application in its entirety. The selection committee is most concerned with "why this person should be honored as a member of the Arkansas Business Hall of Fame." If necessary, the Selection Committee will refer any questions to the nominator.
• Nominees can be living or posthumous.
• Nominations are not limited to University of Arkansas graduates.
• The Selection Committee will consider the following when making their selection of honorees:
• Business: the nominee has made a significant impact as a business leader;
• Community: the nominee has had concern for improving his/her community as a business leader; and
• Ethics: the nominee has displayed the highest level of ethics in their business dealings.

Beyond the criteria noted here, the Selection Committee has the responsibility and discretionary power to make their determinations from the pool of nominations submitted.

The 2003 Hall of Fame Celebration will be Friday, February 7, 2003 at the Statehouse Convention Center in Little Rock. The reception will begin at 6:00 p.m. and dinner will be served at 6:45 p.m. The Arkansas Business Hall of Fame is permanently housed in the atrium of the Donald W. Reynolds Center for Enterprise Development on the UA campus.

For a nomination form and more information, please contact the Office of External Relations at the Sam M. Walton College of Business, Business Building 343, University of Arkansas, Fayetteville, AR 72701-1201, (479) 575-6146, by e-mail abhf@walton.uark.edu or on the web at: http://waltoncollege.uark.edu/externalrelations/halloffame.asp

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Dixie Kline, director of communications, Sam M. Walton College of Business, (479) 575-2539, dkline@walton.uark.edu