Arkansas Business' 25 Wealthiest Arkansans (25th Anniversary)

by Arkansas Business Staff  on Monday, Mar. 23, 2009 12:00 am  

Members of the Walton family.

13. Stephen LaFrance
Stephen L. LaFrance Sr. founded Stephen L. LaFrance Pharmacy Inc. of Pine Bluff in 1968. It does business as USA Drug. It operates about 150 drugstores in Arkansas, Mississippi, Missouri, Tennessee and Oklahoma.

Besides USA Drug, it also operates other drugstores - Ike's Discount, Super D Drugs, May's Drug Stores, Drug Warehouse and Med-X Drugs. The private company had revenue last year of about $560 million, according to the most recent estimate by Drug Store News.

The pharmacy chain also franchises locations and fills prescriptions and sells home health care products online at usadrug.com. It markets its own line of merchandise under the Select Brand name.

The company's wholesale distribution operation, SAJ Distributors, supplies health, beauty and general merchandise to discount, drug and grocery stores.

14. Ronald M. Cameron
Ronald Cameron is chairman and CEO of privately held Mountaire Inc. of North Little Rock, a poultry company that posted sales of $1.15 billion last year and is ranked the sixth-largest poultry company in the United States, according to Watt Poultry USA magazine.

Mountaire Farms, a vertically integrated poultry processor, has most of its breeder facilities, hatcheries, feedmills and processing plants in North Carolina, Maryland and Delaware.

Cameron has been named an honorary life member of the National Chicken Council board of directors.

He joined Mountaire in 1968, and became president, CEO and chairman after the death of his father, G. Ted Cameron, in 1978.

He is a former director of Doulos Ministries of Littleton, Colo.

15. Collier Wenderoth Family
Collier Wenderoth Jr. has been one of the pioneers in the Arkansas poultry industry for more than 60 years.

He took a small feed business and developed it into a fully integrated broiler company with worldwide sales. O.K. Foods Inc. posted sales of $928.3 million for its latest fiscal year. It ranks as the 10th-largest poultry firm in the nation, according to Watt Poultry USA and is the sixth-largest private company in Arkansas.

Wenderoth began his career selling feed for O.K. Feed Mills Inc. and, following his father's death in 1955, became president of the company. When his mother resigned as chairman of the board, Wenderoth assumed that title as well and restructured the company under the name O.K. Industries Inc.

 

 

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