Trustees From the Rest of the State
J. Thomas May
Home town: El Dorado
Resides: Pine Bluff
Appointed by: Then-Gov. Jim Guy Tucker
Term expires: March 1, 2003
Education: University of Arkansas, bachelor’s degree, 1971; MBA, 1972. Also graduated from National Commercial Lending School and Stonier Graduate School of Banking
Business: President and CEO, Simmons First National Bank
Connections: Father, brother and niece all earned degrees from UA School of Law; both sons graduated from the UA
Board positions: Arkansas Blue Cross and Blue Shield, Arkansas Bankers Association, various civic boards in Pine Bluff
Ned Ray Purtle
Home town: Hope
Resides: Hope
Appointed by: Gov. Mike Huckabee (to fill the unexpired term of Carl Willock)
Term expires: March 1, 2001
Education: Oklahoma State University, bachelor’s of science degree, 1956.
Business: Cattle rancher. former chairman of Arkansas State Bank in Clarksville and Automated Solutions Inc. in Knoxville
Connections: Wife, Carolyn, graduated from the University of Arkansas
Board positions: Citizens Bank; chairman of Arkansas State Fair; National Cattlemen’s Beef Board
Stanley E. Reed
Home town: Marianna
Resides: Marianna
Appointed by: Gov. Mike Huckabee
Term expires: March 1, 2008
Education: University of Arkansas, bachelor’s degree in agricultural engineering, 1973; law degree, 1976
Business interests: Farms 3,300 acres of mostly cotton land, 2,800 acres that he owns
Connections: Two children currently enrolled at the University of Arkansas
Board positions: Farm Bureau Federation; Cotton Inc.
Frank W. Oldham Jr.
Home town: Black Rock
Resides: Jonesboro
Appointed by: Then-Gov. Bill Clinton
Term expires: Feb. 29, 2000
Education: Williams Baptist College in Walnut Ridge, associate degree in general business, 1965; Arkansas State University, bachelor of science in general business, 1967; Central Missouri State University, master’s in marketing, 1968; University of Arkansas, doctorate in business administration, 1974; Harvard Graduate School of Business, advanced management program, 1987
Business: Founder, chairman and CEO, ASB Corp, a holding company for American State Bank
Connections: Son Chad received bachelor’s degree in finance at UA and is a second-year student at the UA Law School; various other family members are UA graduates
Board positions: St. Bernard’s Hospital Foundation, First Western Bancshares, various other bank boards