Business Leaders

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Entry Category: Business Leaders

Scaife, Cecil Ross

Cecil Ross Scaife was an actor, record producer, music promoter, and businessman who worked with some of the biggest acts in country and rockabilly music. Originally from Arkansas, Scaife worked with Sam Phillips in Memphis, Tennessee, before moving to Nashville, where he started his own record labels. Though not a musician himself, Scaife was a success story for those working in the business side of the industry. Scaife was born on April 13, 1927, in Marvell (Phillips County) to Brooks Scaife and Elsie Lumpkin Scaife, both natives of Arkansas. The couple divorced in 1929, and Scaife’s father died suddenly a few months later in 1930. Scaife attended what is now the University of Arkansas at Monticello, where he was elected …

Selig, Helen Elizabeth Boyd

Helen Elizabeth Boyd Selig was active in the business world and in civic matters, serving as mayor of Hot Springs (Garland County) from 1994 to 2000. During her tenure as mayor, the Hot Springs Convention Center was constructed. She was the first woman to chair the board for the Greater Hot Springs Chamber of Commerce, was named Woman of the Year three times, and was an influential leader of the 1992 effort to select Hot Springs as the site of the Arkansas School for Mathematics, Sciences and the Arts (ASMSA). Helen Elizabeth Boyd was born in Siloam Springs (Benton County) on July 16, 1937, to Ryland Samuel Boyd and Catherine Elizabeth Bell Boyd. After her high school years in Siloam …

Sharp, Ephraim [of Fulton County]

Ephraim Sharp, nephew of the Ephraim Sharp after whom Sharp County was named, was an important early settler and mercantilist in neighboring Fulton County. He established a mill, and the community of Sharp’s Mill, now Saddle (Fulton County), grew up around it. His mercantile establishment helped to provide the goods that sustained the growth of the Mammoth Spring (Fulton County) area. Ephraim Sharp was born in Sandtown Township, Decatur County, Indiana, on June 23, 1833, to John Elston Sharp (called Jackson) and Susannah Armstrong Sharp. He was the fifth child and third son of this family of seven children. His mother died in 1841 when he was eight years old. His father married Sarah Armstrong, his mother’s sister. When Sarah …

Shaver, Dorothy

Dorothy Shaver was the first woman in the United States to head a multi-million dollar firm. She became president of the prestigious New York City Fifth Avenue firm of Lord & Taylor in 1945 and is credited with much of the company’s success. A trailblazer and a trend setter in her time, her legacy continues today. Dorothy Shaver was born on July 29, 1893, in Center Point (Howard County) to Sallie Borden and James Shaver. Her maternal grandfather was Benjamin Borden, editor of the Arkansas Gazette, and her paternal grandfather was Robert Glenn Shaver, a prominent Confederate officer who served with distinction during the Civil War. When Shaver was five years old, her family moved to Mena (Polk County), a …

Simmons, Marsden Hoag “Bill”

Marsden Hoag (M. H.) Simmons, who went by “Bill,” was a leader in the Arkansas poultry industry, starting the company in Arkansas now known as Simmons Foods. Bill Simmons was born in Edison, Nebraska, on June 11, 1911, to Leveret Bernard Simmons and Flora Lee Hoag Simmons, who were married in about 1905 and had known each other from childhood. The family had three children. After years of work as a manager with the Cudahy Packing Company in Nebraska, Simmons joined poultry industry entrepreneur Frank Pluss in 1949 in establishing Pluss Poultry in Decatur (Benton County). A key attraction in Decatur was a defunct chicken processing plant, which Pluss and Simmons purchased from Lloyd Peterson. Like Simmons, Peterson would become …

Snyder, Harold

aka: Ralph Harold Snyder
Ralph Harold Snyder is the man most often credited with bringing the poultry industry to the Arkansas River Valley. In 1960, the company he founded, Arkansas Valley Industries, Inc. (AVI), became the first wholly integrated poultry business to make its stock available to the public. Harold Snyder was born on April 3, 1915, in Winfield, Kansas, to Roy C. and Mildred (Poland) Snyder. As a young boy, he moved with his parents and five siblings to Green Forest (Carroll County), where he was raised on a small hill farm. Snyder was valedictorian of his high school class, and he was elected state president of the Arkansas Future Farmers of America. Based on this record, he received a scholarship to the …

Southerland, Jerome Kee (J. K.)

Jerome Kee (J. K.) Southerland was a regionally important leader in the poultry business as it emerged as an important industry in the state during the post–World War II years. At one time, his poultry enterprise was the second largest in the state. J. K. Southerland was born on September 22, 1903, in Banner (Cleburne County) to James Walter Southerland and Maleta Kee Southerland. His mother died when he was about twelve, leaving his father with four sons and a daughter. After completing school at Banner, he enrolled in school at Sulphur Rock (Independence County) to get a teaching certificate. He then returned to farming and raising cattle in Banner and nearby Floral (Independence County). On June 2, 1928, Southerland …

Spencer, George Lloyd

George Lloyd Spencer, a Democrat, served as U.S. senator of Arkansas from April 1, 1941, to January 3, 1943, filling the vacancy left by the resignation of Senator John E. Miller. Spencer was not elected to a full term in office but served the remainder of Senator Miller’s term. Spencer also served in the U.S. Navy during both World War I and World War II. George Spencer was born on March 27, 1893, at Sarcoxie, Missouri, to George Spencer and Louella Riley Spencer. He moved to Okolona (Clark County) in 1902, where he attended public school. He also attended Peddie Institute at Highstown, New Jersey, and Henderson-Brown College in Arkadelphia (Clark County). In 1918, Spencer served as a seaman, second …

Spicer, William Leach

William Leach Spicer was a businessman and Republican Party activist. In the early 1960s, he oversaw the beginning stages of the party’s emergence as a competitive force against the long-dominant Democratic Party. In 1964, however, he lost a power struggle with fellow Republican Winthrop Rockefeller and resigned as state chairman. While Spicer played a substantive role in developing the state’s Republican Party, Rockefeller’s vision was ultimately vindicated by his own election as governor in 1966. William L. Spicer was born on October 12, 1918, in Yell County. He was the only child of William Jacob Spicer, who was a Methodist minister, and his wife, Ora Leach Spicer. As his father preached at various churches, Spicer grew up first in Woodruff …

Stephens, Jackson Thomas

Jackson Thomas Stephens was one of the most successful, high-profile business figures in Arkansas during the twentieth century, joining his older brother Wilton R. “Witt” Stephens in building Stephens Inc. of Little Rock (Pulaski County) into one of the nation’s largest brokerage firms. Stephens also became a well-known philanthropist, supporting institutions ranging from the Arkansas Museum of Fine Arts to the University of Arkansas at Little Rock (UA Little Rock) and the University of Arkansas for Medical Sciences (UAMS). Jack Stephens was born on August 9, 1923, in Prattsville (Grant County), the youngest of the six children of A. J. Stephens and Ethel Pumphrey Stephens. A. J. Stephens was a farmer and a politician who served two terms in the state …

Stephens, Witt

aka: Wilton Robert Stephens
Wilton Robert Stephens founded Stephens Inc., which once was the largest brokerage firm off Wall Street. He was a prime mover in the development of the natural gas industry after World War II and exerted great influence on the political and economic fortunes of Arkansas during the second half of the twentieth century. Witt Stephens was born on September 14, 1907, in Prattsville (Grant County), the second of six children of A. J. “Jack” Stephens and Ethel Pumphrey Stephens. His father was a farmer and politician who served two terms in the Arkansas House of Representatives from Grant County, as would Witt thirty years later (being elected to two terms in the House starting in 1961). The elder Stephens directly …

Stout, William C.

The clergyman William Cummins Stout was the master of two large antebellum plantations at the foot of Petit Jean Mountain in Conway County and the “first Arkansas man ordained to the priesthood of the Episcopal Church in Arkansas,” according to church records. William Stout was born in Greene County, Tennessee, on February 18, 1824. His parents, John G. Stout and Mary Kirby Stout, moved with their children to Fayetteville (Washington County) in 1830, where they continued their farming occupation. While a young man working in a store near the Indian Territory line, Stout attended meetings conducted by Bishop Leonidas Polk and discerned a religious calling. With Polk’s encouragement, Stout received his education at Kemper College in Missouri, then Nashotah House …

Sturgis, Walter Roy

Walter Roy Sturgis was a self-made multi-millionaire from southern Arkansas whose fortune continues to benefit the state and beyond through philanthropic organizations dedicated to managing the wealth amassed by Sturgis and his wife, Christine. Roy Sturgis was born in Cleveland County, Arkansas, between Kingsland and Hebron on March 6, 1901, to William A. Sturgis, who was a farmer, and Nancy Virginia Bingham Sturgis, a homemaker. Sturgis had nine siblings. Scarce biographical information exists about Sturgis, and some of what has been written appears not to be entirely accurate. For example, Sturgis reportedly dropped out of school after the tenth grade and served in the U.S. Navy during World War I. While Sturgis’s education at the Good Hope School (also known …

Thalheimer, Richard

Entrepreneur Richard Thalheimer is the founder and former CEO of the Sharper Image Corporation. The company, which Thalheimer launched in 1979, became iconic for its unique high-tech consumer items that were often called “toys for adults.” At the height of the company’s success, Thalheimer employed 4,000 people and led Sharper Image to annual revenues of $750 million through mail-order catalogs, online sales, and almost 200 retail stores nationwide. Richard Jay Thalheimer was born on July 19, 1948, in Little Rock (Pulaski County) to Alan Thalheimer and Gladys Miriam Thalheimer. His family had founded Little Rock’s Blass Department Store, which traced its roots to 1871 under Gus Blass and, at one point, became the largest such store in Arkansas. As a …

Thompson, David Aiken

David Aiken Thompson came to Arkansas as the Arkansas Territory was beginning to show rapid growth, attracting settlers from eastern states and offering opportunities for business and land speculation. Thompson became one of the largest land speculators in Arkansas. At the height of his operations, he reportedly either owned outright or had an interest in 150,000 acres of land in sixteen Arkansas counties. David Thompson was born on April 4, 1796, at New Castle, Delaware, to Dr. David Thompson and his second wife, Frances Aiken Thompson. His father died two months before he was born. His mother soon moved to Jonesboro, Tennessee. There, she met John McAlister, and they married on December 25, 1800. Thompson grew up in Jonesboro and …

Thompson, Green Walter

Green Walter Thompson was a major African-American political leader and businessman in Little Rock (Pulaski County) from the end of the Civil War until his death. Green Thompson was born Green Elliott, a slave on the Robert Elliottt farm in Ouachita County. Nothing is known of his early life, though his tombstone lists a birth date of August 15, 1847. A birth year of 1848 is estimated from documents accumulated later in his life. The 1880 census records him as a “mulatto,” so it is likely a white man fathered him. His mother eventually married a slave named Thompson, and Green Elliott took his stepfather’s name. While a teenager, he married a slave named Dora Hildreth; they soon had a …

Trulock, Amanda Beardsley

Amanda Beardsley Trulock was an antebellum woman from Connecticut who married a Georgia cotton planter, migrated to Arkansas, and eventually became a plantation proprietor and sole owner of sixty-two slaves near Pine Bluff (Jefferson County). She was one among the small number of American women from abolitionist New England who married into a slave-owning family before embracing the institution of slavery herself. However, largely due to her “Yankee” heritage and continued association with her New England family, Trulock was an atypical example of an antebellum slaveholder in the Delta. Her personal papers (primarily correspondence to her Connecticut family) represent an important documentation of plantation life, the Civil War, and emancipation in Arkansas history. Born on April 22, 1811, to Nicholas …

Tucker, Francis William (Frank)

Francis William (Frank) Tucker came to Arkansas from Massachusetts, first settling in Lawrence County, where he managed (and later co-owned) the Clover Bend plantation. He later moved to Little Rock (Pulaski County), where he became chair of the state Republican Party and served as U.S. Collector of Revenues. Frank W. Tucker was born on December 3, 1843, at Canton, Massachusetts, to Francis William Tucker and Prudence Hoyt Tucker. As an adult, he went by the name Frank and also appears in documents as Captain or Colonel F. W. Tucker. In August 1862, he enlisted in the Fiftieth Massachusetts Infantry. His daughter Ruth wrote in her unpublished biography of family friend Alice French (an author who wrote under the name Octave …

Tyson, Don

Donald John Tyson was president and CEO of Tyson Foods. By the close of the twentieth century, along with Walmart Inc. founder Sam Walton, Don Tyson was considered one of the pioneers of modern Arkansas economic history, as well as a giant in the global poultry business. At the time of his death in 2011, he was among the richest people in the world, with a personal net worth of $1 billion. Don Tyson was born on April 21, 1930, in Olathe, Kansas, to John Tyson, founder of Tyson Foods, Inc., and Mildred Ernst Tyson. His family resettled in northwest Arkansas in 1931, and Tyson grew up in Springdale (Washington and Benton counties). He studied at Kemper Military School in …

Umsted, Sidney Albert

aka: Sid Umsted
Sidney (Sid) Albert Umsted, known as the “Father of the Smackover Oil Field,” drilled the first well in the Smackover (Union County) area, introducing Arkansas’s largest oil discovery. In 1925, the Smackover field produced over 77 million barrels of oil and was the largest oil field in the nation at that time. Sid Umsted was born on November 22, 1876, in Houston County, Texas, to Caroline Pearson and Albert “Newt” Umsted, who had moved there from Chidester (Ouachita County). Umsted’s father abandoned the family while Sid was a child, and his mother moved back to Chidester to be near family members. When Umsted was eight, his mother married Harrison Bratton, and the family settled on a farm near Bernice, Louisiana. …

Van Winkle, Aaron “Rock”

African American frontiersman Aaron Anderson “Rock” Van Winkle was recognized throughout northwestern Arkansas as a skilled lumberman, builder, farmer, businessman, and principal agent of Peter Van Winkle, owner of the preeminent sawmill business of the region that supplied lumber throughout the Ozarks for over forty years in the latter half of the nineteenth century. His life spanned seventy-five years during times of turbulence and change in the nation and in Arkansas—from slavery, the Civil War, Reconstruction, and the unprecedented industrial and technological development that was the Gilded Age. Aaron Anderson was born enslaved in Alabama in 1829 and brought as a child to Arkansas by slave-holding farmer Hugh Anderson, on whose Benton County farm he came of age. After Hugh …

Van Winkle, Peter

Peter Van Winkle was a prominent lumberman and sawmill owner in northwestern Arkansas who came back from losing most of his property in the Civil War to establish a timber empire that helped rebuild much of the region after the war. Peter Marselis Van Winkle was born in New York State on February 25, 1814. (His middle name is sometimes rendered Manelis, likely an error.) His family moved to Illinois when he was young, and he grew up there before moving to northwestern Arkansas around 1837 and establishing a business breaking prairie land in the region. He married Frances Wilcox, who apparently died, and he then married Temperance Miller on May 3, 1840; they would have twelve children. The Van …

Walker, William “Sonny”

William “Sonny” Walker was an educator and civil rights activist who went on to serve in positions in local, state, and federal government, becoming the first person of color to serve in the cabinet of a southern governor. Sonny Walker was born on December 13, 1933, in Pine Bluff (Jefferson County). His parents were the Reverend James David Walker and Mary Coleman Walker; they later divorced, and his father married Nettie Harris. Early influences in his life included the Boy Scouts of America, gospel choir, drama and speech organizations, and community education through social and sports activities at Merrill High School; Arkansas Agricultural, Mechanical, and Normal College (now the University of Arkansas at Pine Bluff); and Kappa Alpha Psi Fraternity. …

Walls, Clement Sampson, Jr.

Clement Sampson Walls Jr. is an Arkansas businessman, entrepreneur, and financier who was the longtime chief executive officer (CEO) of Arkansas Capital Corporation (ACC) and led the nonprofit business finance firm through its greatest period of expansion since its founding in 1957. Clement Sampson Walls Jr. was born in Little Rock (Pulaski County) on July 8, 1947, to Clement Sampson Walls Sr. and Eva Jane Watson Walls. His father worked as a truck driver, and his mother was a licensed practical nurse (LPN). His maternal grandfather was John Reaves “Mule” Watson, a pitcher in the major leagues from 1918 to 1924 who played for the Boston Braves, the Philadelphia Athletics, the Pittsburgh Pirates, and the New York Giants. Walls’s parents …

Walton, Alice Louise

Alice Louise Walton is the heir to the Walton family fortune; in April 2019, she was estimated by Forbes magazine to have a net worth of almost $46 billion, making her one of the richest women in the world. She is also well known as a philanthropist, having established the Crystal Bridges Museum of American Art in Bentonville (Benton County), as well as the Alice L. Walton Foundation, Art Bridges Foundation, Heartland Whole Health Institute, and Alice L. Walton School of Medicine. Alice Louise Walton was born on October 7, 1949, in Newport (Jackson County), the youngest of four children and the only daughter of Sam and Helen Walton. Sam Walton opened Walton’s Five and Dime Store in Bentonville and …

Walton, Sam

aka: Sam Walton
Samuel Moore Walton was founder and chairman of Walmart Inc., the world’s largest retailer. At one time, he was the richest man in the United States. Sam Walton was born on March 29, 1918, in Kingfisher, Oklahoma, the first of two children to Thomas Gibson Walton, a banker, farmer, farm loan appraiser, and real estate and insurance agent, and Nancy Lee Lawrence Walton. Walton showed signs of an entrepreneurial gift early on, selling magazine subscriptions, starting at about age seven or eight. He worked his way through college with newspaper routes. After adding routes and hiring helpers, he was earning $4,000 to $5,000 a year. He attended the University of Missouri at Columbia, earning a business degree in 1940. His …

Webb, Kathy Lynette

Kathy Webb—the first openly gay member of the Arkansas General Assembly—has had a long career in private business (most notably as co-owner of Lilly’s Dim Sum Then Some restaurant), philanthropy, and local and state government. She has also been a leader in the women’s rights movement. Webb, who battled breast cancer, served as the founding president of the Chicago-area Susan G. Komen Cancer Foundation. Kathy Lynette Webb was born in Blytheville (Mississippi County) on October 21, 1949. The youngest of three children—with a brother twelve years older and a sister nine years older—of Maurice Webb and Atha Webb, she graduated from Hall High School in Little Rock (Pulaski County) before going on to Randolph-Macon Woman’s College (now Randolph College) in …