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Arkansas Business Hall of Fame Names 4 Inductees

2 min read

The Sam M. Walton College of Business at the University of Arkansas this week announced four new inductees to its Arkansas Business Hall of Fame.

The honorees are:

  • Charles E. Scharlau, retired chairman, president and CEO of Southwestern Energy Co.
  • Thomas B. Schueck, chairman of Lexicon Inc.
  • Sherman E. Tate, president and CEO of Tate & Associates Management.
  • Gus M. Vratsinas, chairman of Bailey Construction and Consulting LLC.

The inductees will join the 74 other members of the hall during an induction ceremony on Feb. 10 at at the Statehouse Convention Center in Little Rock.

“I am proud and humbled to have the opportunity to celebrate the careers of these four outstanding business leaders,” Walton College Dean Matthew A. Waller said in a news release. “They and those who have preceded them as members of the Arkansas Business Hall of Fame represent the best in business in our state. Their lives and epic achievements in business and in their communities have helped keep Arkansas moving forward.”

The Arkansas Business Hall of Fame is housed in the atrium of the Donald W. Reynolds Center for Enterprise Development at the Walton College on the UA campus in Fayetteville.

Ann Bordelon, Walton College alumna and CFO and chief administrative officer of NOWDiagnostics Inc., chaired the selection committee of nine business and community leaders who reviewed nominations from throughout the state and chose the inductees. 

Criteria for selection included: the significance of the impact made as a business leader, the concern demonstrated for improving the community and the display of ethics in all business dealings. In addition, living inductees must be over the age of 60.

Tickets to the Arkansas Business Hall of Fame induction ceremony are $150 per person and available here.

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