The Business Hall of Fame is Junior Achievement of West Kentucky’s annual, signature fundraising event marketed to the business community to honor Laureates who have demonstrated a lifetime of outstanding business achievements, civic involvement and serve as a role model for the youth of our community.
Junior Achievement of West Kentucky will honor the 2018-19 Laureates, Malcolm Bryant and Terry Woodward, at the Owensboro Business Hall of Fame celebration Thursday.
Malcolm Bryant is co-founder of The Malcolm Bryant Corporation, a commercial real estate development and property management company headquartered in Owensboro. Joining his wife Sally in partnership, the company owns and manages over 1 million sq. ft. of commercial real estate.
He has recently served on the Federal Reserve Board (Louisville Branch), the Kentucky Bar Association Board of Governors and as Vice-President of the Kentucky Chamber of Commerce. In addition to a successful professional career, he is a community philanthropist with the YMCA, Boy Scouts, Community Diversity and Economic Development Corporation.
His company has been named Company of the Year and Entrepreneur of the Year by the Greater Owensboro Chamber of Commerce and received the Mayor’s Award for Business Excellence. He was named the Outstanding Young Leader of Owensboro in 1986, and he and his wife were named Owensboro’s Outstanding Citizens in 1997.
Terry Woodward began working part-time as a teenager in his father’s business, Wax Works in 1952. It was Owensboro’s only record shop, and he stocked and sold merchandise.
He graduated from the University of Kentucky in 1964 with a degree in industrial administration. Over the next four years, he spent time at Texas Instruments, the Owensboro-Daviess County Hospital, and Modern Welding Company.
In 1968, he returned full-time to Wax Works which was a record store as well as a “one-stop” distributor of recorded product to other retail outlets.
In the 1980s, Wax Works began opening a chain of music retail stores called Disc Jockey. They also became a video distributor in the new emerging video industry. In the 1990s, Wax Works continued the expansion of its retail stores, growing to 240 stores located in 37 different states, making it the 5th largest music chain in the nation. Wax Works also expanded rapidly as a video distributor, opening warehouses in Louisville, Memphis, Tenn., and Columbus, Ohio to service its 5,000 plus customer base.
The Business Hall of Fame Laureates from previous years are listed below:
William M. Elmer
Charles E. Field
Lawrence W. Hager Sr.
Morton J. Holbrook Jr.
William H. Thompson
Berkley Davis Sr.
Carol Martin “Bill” Gatton
The sold-out induction ceremony will take place this Thursday at the Bluegrass Music Hall of Fame and Museum at 11:30 a.m. with an awards luncheon sponsored by O’Charley’s.
Net proceeds will benefit JA of West Kentucky, and every table purchased allows JA to serve 38 additional students and future leaders with financial literacy, work readiness and entrepreneurship programs.