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U of M's Fogelman College Will Celebrate Alumni Day Oct. 31
For release: Oct. 25, 2006
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The University of Memphis’ Fogelman College of Business and Economics will honor two individuals at its Alumni Day luncheon Tuesday, October 31. The event begins at 11:30 a.m. at the Holliday Inn at the U of M, 3700 Central.

William C. Rhodes III, president and CEO of AutoZone Inc., will receive the College’s Outstanding Alumnus Award. Larry Papasan, chairman of the board of BioMimetic Therapeutics Inc. and retired president of Smith & Nephew Orthopaedics, will be recognized as Outstanding Friend of the College.

The keynote speaker for the luncheon will be G. Douglas Edwards, CEO of Morgan Keegan & Co. Inc.  Shelby County Mayor A C Wharton will also make a presentation.

Rhodes was named president and CEO of AutoZone in 2005, following more than 10 years with the company where he served in a variety of executive roles. Most recently, he served as executive vice president overseeing store operations and commercial.

Prior to that, Rhodes served in various capacities within AutoZone, including senior vice president of supply chain and information technology, divisional vice president of stores, and senior vice president of finance. He began his career with Ernst & Young, serving in various capacities from 1988-94.

Rhodes earned a bachelor’s degree in accounting from the University of Tennessee at Martin and an MBA from the U of M in 1988.

Papasan joined Smith & Nephew in 1991 as president of the Ortho Division and retired in 2002.  During this period, the division grew in sales from $300 million to $650 million while growing profitability more than 15 percent each year. Papasan was responsible for research and development, manufacturing, marketing, sales, and all administrative functions of the company during his 11 ½-year tenure as president. He then worked for Smith & Nephew as a director and lobbyist until 2005.

Prior to joining Smith & Nephew, Papasan was president of Memphis Light, Gas & Water Division from 1984-91. He was employed by MLG&W for 28 years.  

Papasan received a bachelor of science degree in civil engineering from Mississippi State University in 1963. He is active in many community organizations, including the U of M Board of Visitors, the Le Bonheur Hospital Foundation, and Memphis Bioworks Foundation.

As part of Alumni Day, business leaders who are alumni of the Fogelman College will act as “guest professors,” teaching morning classes and sharing business experiences will students.

Proceeds from the luncheon will support scholarships at the Fogelman College.

For more information, call 901-678-2586.

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