The Citadel inducts four into Business Hall of Fame
The 2005 inductees into The Citadel School of Business Administration Hall of Fame – Senator Ernest F. Hollings, business executives William R. Sansom and Martha Rivers Ingram and Santee Cooper CEO Lonnie N. Carter -- were honored at a banquet last night.
The 2005 Hall of Fame inductees each received Leaders of Principle awards for their success and significant contributions to their communities.
In addition, the school awarded Santee Cooper CEO Lonnie N. Carter the first Alvah H. Chapman, Jr. Distinguished Leadership Award.
Senator Hollings, a member of The Citadel Class of 1942, served South Carolina for more than five decades in public office. He was the youngest person to be elected South Carolina’s governor when he took office in 1958 at age 36. He later served in the United States Senate for 38 years, retiring in 2004. During his tenure in public service, Hollings developed a reputation for fiscal responsibility and common sense in government.
In commenting on his award, Hollings said the secret of leadership is to build trust and communicate. He spoke of the values he took from a Citadel education and said he was proud of the fact that he had “52 years of public service without ever a charge of conflict of interest.”
Sansom, a 1964 Citadel graduate, is the chairman and CEO of The Hackney Company in Knoxville, Tennessee. The company employees 3,000 and serves as a distributor of groceries to stores in 19 states. Sansom is a former Tennessee commissioner of transportation and has served as vice chairman of the board of trustees of the University of Tennessee.
Sansom said that in business, as in any other profession, the notoriety of unethical leaders cast a cloud over the majority who try to do the right thing. He observed that the current business environment, with its incessant demands for earnings and pressure to perform, creates a true test for one’s values.
Martha Rivers Ingram is chairman of the board of Ingram Industries, a Nashville-based conglomerate that handles insurance, marine transportation, books and digital fulfillment services.
Noted as an entrepreneur and philanthropist, Ingram has been active in support of the arts as well as economic development. Ingram is the chair of the Vanderbilt University Board of Trust and is on the board of directors for the Spoletto Festival USA. Ingram has been inducted into the South Carolina Business Hall of Fame.
She was unable to
attend the induction ceremony.
Alvah H. Chapman Leadership Award
Hall of Fame inductee Lonnie Carter was first recipient of the Alvah H. Chapman, Jr. Distinguished Leadership Award. A member of the Class of 1982, he was named president and CEO of the state-owned utility in 2004. He serves on numerous professional and charitable boards.
In commenting on his award, Carter said, “If I have had any success it is because of the idea my parents instilled in me that you must always do your best , and because of good people around me who have propped me up and supported me.”
Several top business administration majors were inducted into Beta Gamma Sigma at the banquet. The inductees include: