UA's Business Hall of Fame to Induct Four

Donald G. Soderquist and Leland E. Tollett are among a group of four to be inducted into the University of Arkansas' Arkansas Business Hall of Fame in February.

They will be joined by L. Dickson Flake and Wallace W. Fowler also will be inducted, according to a news release issued by the University of Arkansas' Walton College of Business.

“We are excited to showcase the significant contributions of these business leaders—who are Arkansans either by birth or by choice,” Walton College dean Dan L. Worrell said in the release. “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.”

Soderquist is a retired senior vice chairman of Wal-Mart Stores Inc. and executive-in-residence at the Soderquist Center for Leadership and Ethics in Siloam Springs. Tollett is a past chairman and CEO of Tyson Foods Inc., and also served as interim president and CEO last year.

Flake is the co-founder, chairman and former managing partner of Colliers International. Fowler is CEO and chairman of Liberty Bank of Arkansas, and CEO and chairman of Fowler Foods Inc.

The selection process was chaired by Walton College alumnus Larry Wilson, chairman and CEO of First Arkansas Bank & Trust. A 12-person selection committee reviewed nominations and chose the inductees.

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

A list of the 50 previous inductees is available here.