2011 Arkansas Business Hall of Fame inductees named

The Arkansas Business Hall of Fame announced four business leaders who will be inducted into the prestigious ring of honor in February 2011. The inductees are:

• L. Dickson Flake, co-founder, chairman and former managing partner, Colliers International of Little Rock.

• Wallace W. Fowler, CEO and chairman, Liberty Bank of Arkansas, and CEO and chairman, Fowler Foods Inc. of Jonesboro, Ark.

• Donald G. Soderquist, retired senior vice chairman, Walmart, and executive-in-residence, Soderquist Center for Leadership and Ethics of Rogers.

• Leland E. Tollett, former chairman and CEO, Tyson Foods Inc. of Springdale.

“We are excited to showcase the significant contributions of these business leaders—who are Arkansans either by birth or by choice,” said Dan L. Worrell, dean of the UA Walton College of Business, which sponsors the hall of fame. “The Arkansas economy has been blessed with a tremendous base of business talent. We believe it is vital to the state and its future business leaders to honor and perpetuate these inductees’ names and accomplishments.”

The Arkansas Business Hall of Fame induction ceremony will be held Friday, Feb. 11, 2011, at the Statehouse Convention Center in Little Rock. The Arkansas Business Hall of Fame is permanently housed in the atrium of the Donald W. Reynolds Center for Enterprise Development at the Walton College on the University of Arkansas campus in Fayetteville.

Past inductees from the Fort Smith area are Robert A. Young Jr., founder of Arkansas Best Corp. (2004 posthumous inductee), Roland S. “Bud” Boreham Jr., former chairman and CEO of Baldor Electric Co. (2002 inductee), and Donald W. Reynolds, founder of Donrey Media Group (2000 posthumous inductee).