2008 Power100
April 2008
BusinessTN's fifth annual list of the 100 most powerful people in Tennessee is a study in contrast.
First, how unchanging the power structure is in Tennessee, as nearly half of the names on the list have appeared all five years. Next, how quickly the power structure in Tennessee can shift in the state's seemingly ever-accelerating business and political theater. About 20% of the people on last year's list don't return this year.
That erosion occurs for a number of reasons. Departures are largely due to retirement (Jackson Regional Medical Center CEO Jim Moss; CareMark CEO Mac Crawford), relocation (ORNL director Jeff Wadsworth; Memphis schools director Carol Johnson; Vanderbilt University Chancellor Gordon Gee), resignation (Metro Nashville schools director Pedro Garcia), death (Memphis-based COGIC leader G.E. Patterson), or, in the political arena, being termed out (Nashville mayor Bill Purcell). Luckily, there's always someone waiting in the wings to take a slot on the list.
In addition to relying on its own unique statewide knowledge and perspective in making these selections, BusinessTN's editorial team talks to dozens of top insiders across the state, considering hundreds of names from all spheres of life in Tennessee in selecting this annual list. The result is a one-of-a-kind snapshot of the power structure in Tennessee in 2008 from a statewide perspective. The recipients are the 100 Tennesseans currently doing the best job of influencing important state policy, running Tennessee's important institutions or just flat out getting things done for the Volunteer State.
Need a quick primer in how Tennessee runs? Look to the light from the torchbearers in the following pages.
100
Greg Morton
President
AT&T Tennessee
Recently installed head of Tennessee operations for the AT&T/Bellsouth behemoth and now at the forefront of the telecommunications giant's push to gain a statewide video franchise in Tennessee, a move the company says will bring greater competition and consumer choice but which opponents, including the Tennessee Municipal League, say amounts to special treatment that would allow AT&T to cherry-pick where it provided service and at what level. Morton comes from South Carolina where he got similar legislation passed, albeit in a far less acrimonious atmosphere. Recently added to personal CEO leverage in state when AT&T announced jointly with the state of Tennessee a one-of-a-kind initiative to bring statewide health information exchange throughout Tennessee to improve quality of care. AT&T's plan will, among other things, allow the state to have electronic prescribing, clinical messaging, high-density image sharing, portable health records and telemedicine applications.
99
Judge Ellen Hobbs Lyle
Chancellor
Davidson County Chancery Court
Presiding over two key recent legal cases in Nashville. First, blocking Fisk University's attempt to sell or share donated artworks to help operationally salvage the historically black school. Next, to determine that Genesco executives did not commit fraud when negotiating a $1.5 billion buyout by Indiana-based The Finish Line and calling on the rival shoe retailer to complete the deal. In that ruling, Lyle wrote that Finish Line and its investment bank, UBS AG, with its "teams of lawyers, advisors and handlers being paid enormous sums to orchestrate the procedure for obtaining information" were more than capable of knowing what kind of deal they were getting into.
98
James Weaver
Attorney
Waller, Lansden, Dortch & Davis
Instrumental in many corporate relocations to Tennessee. His involvement in nearly every major project in Middle Tennessee dating back several years (Titans and Nissan, for example) is without equal in the state. Well-connected former government relations chair with Nashville chamber is general counsel to the Tennessee Road Builders Association and the Tennessee Chamber of Commerce and Industry.
96
Kevin Clayton
CEO
Clayton Homes
Another generational power shift taking shape. Son of Jim Clayton, founder of the nation's manufactured housing leader, Blount County-based Clayton Homes, who took over the company in 1999. Four years later, Clayton Homes sold to Berkshire Hathaway, joining mega-mogul Warren Buffett's smorgasbord of investments, for $1.7 billion. With financial backing from Buffett, boosted Clayton Homes' revenue to $3.5 billion in 2006. The company continues to acquire well-known industry brands such as Fleetwood, LUV, Oakwood and Karsten, pushing Clayton's reach into 49 states (14,000 employees). Buffett routinely singles Kevin out, calling him the driving force behind the company's success. Could be among Buffet's unnamed, would-be CEO candidates who could one day run Berkshire, or a leg of it.
95
David Ogle
Founder
Five Oaks Development
Family name is synonymous with Sevier County real estate and development. Helped develop the tiny town of Pigeon Forge on the outskirts of Gatlinburg into one of the most popular shopping and tourist attractions in the Southeast. The Ogle family, one of the oldest in Sevier County, originally owned much of the county's land. The sixth generation Ogle is a well-connected former county commissioner and chairman of the state Real Estate Commission, and is involved in numerous local efforts, ranging from recent startup community bank SmartBank to civic engagements like the board of Carson-Newman College, where he is spearheading the search for a new president.
94
Arnold Perl
Chairman
Memphis-Shelby County Airport Authority
Memphis civic leader and nationally recognized labor attorney with Ford & Harrison. Point person overseeing one of Tennessee's most important business assets, the Memphis International Airport, a budding "aerotropolis." As home to FedEx, MIA is the busiest cargo airport in the world. A 2005 report by U of M revealed a $22 billion annual economic impact. (One in four Memphis jobs is linked to the airport.) Perl, also a major player in the local bar, is heralded for his oversight as chairman of the public building authority of the FedExForum project, which went off without a hitch in downtown Memphis.
93
Mike Hamilton
Athletics Director
UT-Knoxville
The sports executive who is more powerful than UT-K football coach Phil Fulmer, just not as high profile. Hamilton is the man who decides if Fulmer stays or goes each season, and/or what additional compensation Fulmer gets. Forbes magazine ranked the Volunteers the 6th most valuable college football team nationwide, with profits in excess of $17 million. (Forbes lists the team's value in excess of $74 million. Athletic revenues, according to the U.S. Department of Education, were $95.4 million.) University athletic program currently working on the third largest capital campaign nationally (attempting to raise $210 million)—the largest in the South. Hamilton is a star for hiring men's basketball coach Bruce Pearl, arguably the most popular man in Big Orange nation right now, who has taken the men's basketball program to historic heights and created a new economic ripple across campus and city alike.
92
David Freeman
Owner
Nashville Predators
Founder of Nashville's Commodore Medical Services, which he sold to a medical waste company, Freeman emerged from out of nowhere last year to become the face of the local ownership group that bought Music City's pro hockey squad. The purchase gives the city a window of opportunity to hold on to the franchise long term. Freeman, who grew up in Knoxville, leads the local consortium that cobbled together the $193 million and the revised city arena lease agreement needed to make the deal work. Also partnering on the purchase of the minor league baseball team in Jackson.
91
Tom Cigarran
Chairman
Healthways Inc.
Co-founder, former CEO and current chairman of the nation's largest provider of comprehensive health and care support programs and services. Publicly traded Nashville company now boasts $615.6 million in sales (though stock did recently reach three-year low on slower-than-projected enrollment and the loss of contracts). Also chairs AmSurg Corp. and sits on the board of the Vanderbilt University Medical Center. Recently was among small local investor group that bought the Nashville Predators professional hockey team, allowing the team to remain in Tennessee. A major player with the Nashville chamber who, behind the scenes, strongly supports educational reform and needed workforce development.
90
Bishop William H. Graves
Senior Bishop
Christian Methodist Episcopal (CME) Church
First Memphian, African American and clergyman selected (and congressionally confirmed) to sit on Tennessee Valley Authority (TVA) board, the nation's largest public power company, which provides electricity to 158 distributors serving 8.6 million consumers in Tennessee, Kentucky, Alabama, Mississippi, Georgia, North Carolina and Virginia. At present, though, a quasi-member of TVA board due to Congressional failure to re-appoint him when his term expired. President Bush has re-nominated him but as of press time, Congress had not voted on TVA appointees. Chairman, Lane College in Jackson.
89
Susan Richardson Williams
Public Relations Executive
SRW & Associates
Like Graves, quasi-member of TVA board due to Congressional failure to re-appoint her when term expired. As such, despite President Bush's re-nomination, Williams is not at current voting on TVA matters. Steered changes to the TVA land management policy halting land sales and swaps of TVA's remaining 293,000 acres of protected shoreline with residential developers. Recently finished 12-year run on UT system's board. Former state commissioner and state GOP party chairman. Managed Knoxville office of The Ingram Group, a statewide public relations firm, for eight years prior to launching her own practice in 2004.
88
Brad Martin
Chairman
RBM Venture Co.
Corporate board warrior. Former state legislator (at the time the youngest ever elected) who acquired and grew Proffitt's Department Stores from $70 million to $7 billion, eventually acquiring elite retailer Saks Fifth Avenue. Retired as chairman and CEO of that company in 2007. Investor in numerous companies, as well as a board member past or present on some of Tennessee's most important corporate entities (First Horizon Financial in Memphis, Gaylord Entertainment in Nashville and Pilot Travel Centers in Knoxville). Also serves on the board of Harrah's Entertainment.
87
John Moses
CEO
ALSAC (American Lebanese Syrian Associated Charities)
One-time prominent Pennsylvania attorney now running the mega-fundraising arm of St. Jude Children's Research Hospital, one of the largest health care charities in the world. A more active and visible leader at St. Jude in the eyes of the local Memphis community than CEO Bill Evans (#61), as the latter focuses on the science of fighting disease and the business operations at the world-renowned children's hospital. Just the fifth ALSAC CEO, Moses served previously as chairman of the ALSAC board and of the St. Jude Board of Governors. Member of Memphis Tomorrow.
86
Dave Cooley
Principal
Cooley Public Strategies
Political strategy whiz whose status as a power broker has waned since departing friend and ally Gov. Phil Bredesen's cabinet over a year ago. Once the most powerful non-elected official in the state as Deputy Governor, Cooley was affected by some of the scandals (THP's "Ticket-Gate") that plagued him in his final years as a Cabinet member. Remains on list due to close connection with Bredesen and placement outside the administration yet unsurpassed access to it. That said, the further Bredesen goes into his second term and the more people turn their attention and allegiance to front-running 2010 gubernatorial candidates, the further people like Cooley will see their own power wane.
85
Henry Luken
Chairman
Covista Communications
Business titan of interests vast and varied. Chairman and major holder of Covista Communications. Co-owner of several TV and radio stations, including Jewelry Television in Knoxville. Real estate portfolio includes impressive chunk of prime Scenic City properties he bought from now Sen. Bob Corker. Part-owner of Christensen Yachts, he brought a luxury yacht shipyard to Loudon County (set to open this spring). Makes list more for power of wealth and business chops than as a significant Chattanooga community force—which he is not.
84
Tom Watjen
Chairman & CEO
Unum
Runs publicly traded Chattanooga-based insurer, the fifth largest company in Tennessee, with total employment of 10,000 (2,300 in Chattanooga) and over $10 billion in revenues. Company serves some 100,000 businesses and paid out over $6 billion in claims last year. Unum has become much more visible over the last year (including an advertising campaign on sports channel ESPN). Promoted from CFO five years ago at a dire time in the company's history, Watjen is quietly turning a company with a once suspect reputation into one that is respected by insurance regulators (and whose equity value has risen from $2.5 billion to $7.3 billion).
83
Zan Guerry
CEO and Chairman
Chattem
Runs one of Chattanooga's most successful companies, and largest employers, the makers and marketers of household items including Gold Bond, Icy Hot and Selsun Blue. The 128-year-old Scenic City company recently ended its best year ever (41% growth in revenues to $423 million). Recently acquired five consumer product brands from its much larger competitor, Johnson & Johnson. Both through Chattem and the Guerry's family foundation, Hamico, the former top professional tennis player Guerry has been very generous in money and time. Currently chairs the Baylor School, has headed up United Way, and has been very involved at UT-Chattanooga.
82
Tom Griscom
Publisher/Executive Editor
The Chattanooga Times Free Press
Runs one of Tennessee's most respected and storied daily newspapers. Former TFP political reporter turned press secretary for then U.S. Senator Howard Baker, then executive director of the National Republican Senatorial Committee (who also spent a year at the Reagan White House). A well-respected (and feared) Chattanoogan who serves on various local boards, including the Tennessee Aquarium. Local boy who brought stability to the TFP following its merger.
81
Jack Fishman
President, CEO & Publisher
Lakeway Publishers
Newspaper icon and influential Morristown businessman with considerable statewide and national reach as publisher of more than a dozen community papers, magazines and Web sites across East and Middle Tennessee. Member, State Board of Regents. Director, SunTrust Bank, Morristown, Knoxville. Also one of just 22 board members of the Associated Press, the largest and oldest news organization in the world with 243 bureaus in 97 countries.
80
Gary Wade
Tennessee Supreme Court Justice
The most successful Democrat to come out of Sevier County, possesses skills that make his power extend far beyond daily duties on the Tennessee Supreme Court panel. Former two-term Sevierville mayor's nod is sought on most charitable and business projects in the community. Founder and former chief of Friends of the Great Smoky Mountains National Park. President Bush's recent Omnibus Bill contained the largest single-year operational increase in the park's history, a $1.5 million boost to the park's $17.2 million annual budget. Prolific opinion writer is the court's go-to expert on criminal matters.
79
Phil Valentine
Radio talk show host
WWTN-FM
Nashville-based show is heard nationally on Westwood One, alongside Bill O'Reilly, Jay Severin and Jim Cramer. Afternoon show competes mightily with Rush Limbaugh, Sean Hannity, G. Gordon Liddy and Dave Ramsey, among others. Long a powerful conservative voice in Middle Tennessee, Valentine is credited in part with public agitation that led to the Capitol Hill horn-honking protests surrounding (and ending) the 2002 state income tax debate.
78
Matt Kisber
Commissioner
Tennessee Dept. of Economic & Community Development
One of the most visible cabinet members on the Bredesen team, the former state legislator from Jackson is called upon to shepherd corporate relocation and economic development deals to fruition. Gov. Bredesen's eyes and ears across the state, nation and globe, Kisber has control of the state's corporate incentives program. Former House finance chairman still has pull in the General Assembly.
77
Thom Mason
Director
Oak Ridge National Lab
Former head of the Spallation Neutron Source who brought that $1.3 billion federal project in on time and budget, recently tabbed to replace departing ORNL head Jeff Wadsworth. Now leads arguably America's most well-run, well-regarded national lab, the go-to lab for top federal projects ranging from neutron scattering to supercomputing. If science and technology is key to Tennessee's future economic hopes (and its business identity), then this 40-ish, earring-wearing wunderkind is a face of that push.
76
Allan Jones
Founder, Chairman & CEO
Jones Management
Success in a controversial industry has resulted in numerous philanthropic endeavors. Took over his father's credit reporting business and sold it to Equifax in 1988. Set up Check Into Cash in 1993 in his native Cleveland, Tenn., which benefits mightily from the company's growth (1,250 pay-day-advance stores nationwide at recent count). Known for historic preservation and environmental stewardship with his real estate ventures, he also gave $1 million to Cleveland High School for the construction of a wrestling center and $4 million to UT-Knoxville for the new aquatic facility.
75
Brenda Mackenzie Lawson
Philanthropist
Cleveland-based co-founder of the payday loan business that operates nationally under the trade names of National Cash Advance and United Cash Advance. In her professional career, Lawson has managed the financial and organizational growth of companies expanding into 17 states with more than 1,500 employees. Past president and co-owner of McMahan Winstead Government Relations in Nashville, a lobbying powerhouse in the state. Very generous to many causes. Pledged $10 million to the University of Tennessee's $1 billion fundraising campaign in 2006, including $1.5 million allocated for enhancements at UT-Chattanooga.
74
William C. Rhodes
President & CEO
AutoZone
Disciplined approach in running one of the Bluff City's most conspicuous public companies, the $6 billion revenue Fortune 500 retailer of auto parts and accessories with over 3,800 stores (124 and counting in Mexico), around 55,000 employees, and with earnings that have soared thanks to improved underlying demand, renewed commercial momentum and continued shareholder-friendly capital allocation trends. Vice chairman of Memphis Tomorrow.
73
Tommy Bragg
Mayor of Murfreesboro
Popular leader of the state's sixth largest and fast-growing city (population reached 92,559 in 2006, a 35% increase since 2000). Murfreesboro native understands business as former owner of Courier Printing of Smyrna. Chosen 2005 Mayor of the Year by the Tennessee Municipal League, over which he presided last year. Successfully aided TML's fight against AT&T's effort to gain a statewide video franchise last year. (The session ended in a stalemate.) Respected on the Hill as the son of former state Rep. John Bragg.
72
O. Mason Hawkins
Chairman & CEO
Southeastern Asset Management
The Warren Buffett of Tennessee founded Southeastern in 1975 and now manages close to $40 billion in institutional and individual assets, along with G. Staley Cates (#62). On the heels of last year's economic downturn, the renowned value investors temporarily re-opened their Longleaf Partners Fund to new investors in January, having found some $1.5 billion in discounted investment opportunities.
71
Nicholas S. Zeppos
chancellor
Vanderbilt University
Two-decade campus presence and the university's eighth chancellor. Helms the 11,000+-student private research university that is one of Tennessee's largest employers with more than 20,000 employees and which has been consistently ranked as one of the nation's top universities. Takes over seven months after Gordon Gee left for Ohio State. Under Gee, Zeppos became Vanderbilt's chief academic officer in 2002. He also has led the university's fundraising campaign, which exceeded its $1.25 billion goal two years ahead of schedule and set a new target of $1.75 billion by 2010. Vanderbilt's $3.5 billion endowment is the 23rd-largest in the country. Had been serving since last summer as interim chancellor.
70
Gordon Bonnyman Jr.
Founder & Executive Director
Tennessee Justice Center
With TennCare less and less of a pressing issue, the advocate for the state's poor who played a key role in the system's overhaul has—in the absence of the next big cause—been temporarily quieted. Remains, though, a powerful voice for the least among us in the state, someone who at any time could become a point person in a power struggle at the highest levels of government and the courts in Tennessee over fair treatment and adequate legal representation. Governors and lawmakers have come and gone, but Bonnyman has remained the voice for the voiceless in Tennessee.
69
Richard Salluzzo
CEO
Wellmont Health System
Has dramatically grown and financially restored the Kingsport-based health system. A star on the national health care stage as a result of his leadership on the issue of patient safety in hospitals. Salluzzo is working to forge a template for patient safety for hospitals nationwide via his Safest Hospitals Alliance. Tabbed by industry trade publication Modern Healthcare as the nation's sixth most powerful physician executive.
68
Debra London
President & CEO
Mercy Health Partners
A rising force in Knox County following the recent merger of St. Mary's and Baptist hospitals, which she now leads. Combined system will generate $600 million in net revenue, employ over 6,000, and boast approximately 800 physicians. Pre-merger, London's St. Mary's system was booming, including a $100 million renovation of one facility and construction of another. Parent group Catholic Healthcare Partners no doubt has big plans for London, who also serves on the Federal Reserve board.
67
Pat Miller
Senior Advisor
Bredesen Administration
Key former Tennessee Regulatory Authority director (setting utility rates, service standards) and outspoken member of state-sponsored Tennessee Broadband Task Force (that boldly called for enhanced high-speed Internet access across state) now helping Gov. Bredesen develop his legislative agenda and serving as Bredesen's chief lobbyist and liaison to the General Assembly. (He's also past chief of staff, former Lt. Gov. John Wilder.)
66
Autry O.V. "Pete" DeBusk
Chairman & CEO
DeRoyal Industries
Powell-based businessman, entrepreneur, philanthropist and innovator who founded huge medical equipment and surgical supplies company that manufactures more than 6,000 products and employs more than 2,000 people. Harrogate-based Lincoln Memorial University graduate turned board chairman and primary thrust behind the school's mission and success, including a new $24 million College of Osteopathic Medicine, the first such school accredited by the American Osteopathic Association in Tennessee and one of just 20 nationwide. Now planning LMU law school at Knoxville campus. (See cover story, pg. 44.)
65
Gary Shorb
President & CEO
Methodist Le Bonheur Healthcare
Runs a tight ship that brings in more than $1 billion in net revenue as America's third-largest health care system (and the second-largest employer in the city). The hospital is expanding its Mississippi presence with recent acquisition of Carvel Imaging centers in Olive Branch, where it recently opened a medical center for adults, an urgent care center for children and a sleep disorder facility. Current chairman, Memphis Tomorrow. Former Memphis chamber chairman.
64
Lincoln Davis
4th District Congressman
Perfectly fits the small-town politician profile that won gubernatorial elections for Lamar Alexander, Don Sundquist and Ned McWherter—and has a good chance of winning the Democratic Party nomination the next go-around. With deep understanding of small business, the construction entrepreneur now serves on the Financial Services and Agriculture committees in Congress. Has a lot of political capital built up from persistent activity in other people's campaigns, as he was in senatorial candidate Harold Ford's last year, a fact that could be key to keeping Ford clear of Davis' gubernatorial track in 2010.
63
Michael D. Rose
Chairman
First Horizon National Corp.
Following retirement of chairman and CEO Ken Glass last year, Rose assumed chairmanship of state's largest bank (over $21 billion in deposits, 2007 FDIC), which employs over 12,000 in over 40 states. Rose and recently installed FHN president Jerry Baker recently closed a wave of mortgage offices around the country, trimmed the real estate lending unit, shrinking the balance sheet and redeploying capital in-state and in the Southeast, a simplification strategy much like Rose oversaw at Holiday Inn in the 1980s. Rose is also chairman, executive committee, Nashville's Gaylord Entertainment Co. board of directors (former Gaylord chairman, 2001-2005, a period of great change), and serves on the corporate boards of Darden Restaurants (Red Lobster, Olive Garden), General Mills and Stein Mart.
62
G. Staley Cates
President
Southeastern Asset Management
Along with Pitt Hyde, is heavily invested in the NBA's Memphis Grizzlies, which he helped bring to the city by forming a relationship with NBA commissioner David Stern, ending the 30-year-long effort by the city to attain a pro sports franchise when the club relocated from Vancouver. The son of George Cates, founder of what became Mid-America Apartment Communities, a publicly owned REIT with total real estate assets of close to $3 billion across the Southeast, Staley has been rumored as the local minority owner that could one day buy the Grizzlies outright. Southeastern president since 1986, he is one of the leading investors in the country. Under his leadership, the Longleaf Funds have delivered fabulous returns. Intensely private but active in numerous philanthropic and civic causes.
61
William E. Evans
Director & CEO
St. Jude Children's Research Hospital
Award-winning scientist at the helm of internationally renowned institution that treats about 5,000 children a year for cancer, AIDS and other catastrophic diseases. (Families do not pay beyond what insurance covers, and those without insurance are never asked to pay.) Leads a team of more than 3,000 people, representing a payroll of about $200 million, at a facility with operating costs of more than $1 million a day. Under challenging circumstances, recruits the best and the brightest doctors and scientists to join an organization that, under his vision, is striving to increase the overall cure rate of childhood cancers in the United States from 70% to 90%.
60
Gary Odom
House Majority Leader
Tennessee House of Representatives
House majority leader tabbed by Democratic colleagues in large part to ensure House Speaker Jimmy Naifeh (#10) didn't steamroll his legislative body. Odom has the Dems roughly split with Naifeh, each being the ringleader of about half of them. That said, if Odom can befriend more Republicans, he could be the speaker next year. Less is getting done in the House this year as Odom and Naifeh kill each other's bills.
59
Ron Littlefield
Mayor of Chattanooga
Third year on the list—and into his term as mayor—the urban planner and long-time city councilman is focused on improving Chattanooga's neighborhoods and jobs outlook, having shifted focus from downtown redevelopment favored by his predecessor, Bob Corker. Last year's water shortages in neighboring Georgia may kick his efforts to buy Tennessee-American Water Co. into higher gear. Given the Georgia government's ever more aggressive approach to gaining access to Tennessee water, Littlefield could become more of a point man for the state on border squabbles.
58
Claude Ramsey
Mayor of Hamilton County
Former property assessor is one of the most influential Republican leaders in the region. Excels at advancing urban renewal issues—a craft he honed when Bob Corker was Chattanooga mayor. Was in charge of transferring 1,200-acre Enterprise South Industrial Park property from U.S. Army to foster business growth in the area. In his fourth and likely last term as county mayor, his legacy could well be secured when a major manufacturer finally locates at Enterprise South. (Thus far, Toyota and Hyundai have passed.)
57
Dennis Vonderfecht
President & CEO
Mountain States Health Alliance
In charge of the not-for-profit hospital system with 15 hospitals covering 28 counties in Tennessee, Virginia, Kentucky and North Carolina. When he became CEO in 1990, MSHA was a single community hospital. Beyond day-to-day duties at the Johnson City-based organization, is active in the community, supporting a range of initiatives from civic causes to the Tennessee Valley Corridor. Former chairman of the Tennessee Hospital Association and the Hospital Alliance of Tennessee. On the board of directors of Premier, a hospital performance improvement alliance with 1,700 participating not-for-profit hospitals and health systems.
56
Steve Reynolds
President & CEO
Baptist Memorial Healthcare Corp.
Runs the 15-hospital system comprised of some 13,000 employees and 2,700 affiliated physicians. Since taking charge in 1994, expanded the Mid-South hospital chain to one of the largest not-for-profit health care systems in the country. Past chairman of the National Committee for Quality Health Care. Founding board member, Memphis Bioworks Foundation. Also on the board of Healthcare Research and Development Institute. Member, Memphis Tomorrow.
55
Wayne Smith
Chairman, President & CEO
Community Health Systems
Runs in Franklin-based CHS the nation's largest publicly traded hospital operator (at press time, 125 hospitals in 28 states) following a purchase of Triad of Dallas last year (combined revenues of over $10 billion in 2006). Since taking over about a decade ago, CHS had grown from $742 million in net revenue to over $4 billion. A leader in Nashville health care circles (a global epicenter of the industry), including as chairman of the Nashville Health Care Council. More than 900 analysts, portfolio managers and other investment professionals from over 425 institutions recently voted Smith Institutional Investor magazine's #1 CEO in the health care facilities sector.
54
Gerald Boyd
Manager of Oak Ridge Operations
U.S. Department of Energy
The most influential federal official in Tennessee has been overseeing the multi-billion-dollar business comprised of the U.S. Department of Energy's facilities, assets and contractors in Oak Ridge since 2003—considered by some the best field job in the country within the department. Established himself as a regional leader with the cleanup effort at Oak Ridge National Laboratory.
53
Barbara Hyde
Philanthropist
Along with husband Pitt is part-owner of NBA's Grizzlies, which the pair helped recruit to the city. Runs the Hyde Family Foundation, which focuses on K-12 reform at the municipal and the state level as well as city revitalization. Other causes include Ballet Memphis, National Civil Rights Museum and Memphis Zoo.
52
Lois DeBerry
House Speaker Pro Tempore
Tennessee General Assembly
The first African-American and first female House Speaker pro tempore in state history is able to amass the black caucus vote in the lower chamber. Her support of Speaker Jimmy Naifeh has been key to his long reign. Her post as president emeritus of the National Black Caucus of State Legislators and numerous affiliations with other organizations make her one of the most powerful African-American politicians nationwide.
51
Phil Trenary
President & CEO
Pinnacle Airlines Corp.
Well-regarded by Memphis business leaders, Trenary has guided the airline through orderly growth in difficult times for the industry. Since buying Colgan Air of Virginia last year, Pinnacle flies for Northwest, Continental, United and US Airways. At press time, a potential Delta-Northwest merger and its effect on Memphis hub hung over this top Memphis executive. Board member, Memphis Tomorrow, The Leadership Academy and the Memphis Symphony.
50
Joe Galante
Chairman
Sony BMG Nashville
One can't watch any major music awards show (at least the ones dealing with country music) without hearing his name. Controls all Sony BMG country labels, which include RCA, BNA, Arista, Columbia and Epic. Award-winning artists/groups whose careers he oversees include Brooks & Dunn, Kenny Chesney and Carrie Underwood. Serves on the Country Music Association Board of Directors. Added to his résumé this year as one of the business titans involved in the creation and launch of Nashville's new Avenue Bank.
49
Charlie Anderson Jr.
Senior Executive
Anderson News Co.
Grew Knoxville-based company from a small family-owned magazine distributor to a national multimedia entertainment company with more than 10,000 employees. Acquired Western Merchandisers, which was renamed Anderson Merchandisers, almost 15 years ago; today it is one of the nation's largest distributors of pre-recorded music. Appointed to UT System Board of Trustees in 2007. Board member (and past chairman) of Country Music Association.
48
Dennis C. Bottorff
Chairman & Partner
Council Ventures
Prime mover in starting a new Tennessee bank this year—CapStar, which raised $85 million. The former AmSouth chairman and First American CEO has staying power, able to make a big splash any time he likes. Chairman of the Tennessee Lottery Corp., vice chairman of Vanderbilt University's Board of Trust (spearheaded search for a new chancellor), who also sits on the boards of Ingram Industries and Dollar General.
47
Harry Jacobson
Vice Chancellor, Health Affairs
Vanderbilt University Medical Center
Steadily increasing VUMC's reputation as a leading health care institution. When he accepted the position in 1997, the medical center's annual budget was about $800 million. Now it's about $2 billion. Made vast capital improvements and increased research funding. The hospital is currently expanding by overtaking a local mall and also constructing a fifth medical research building. Recently named to Merck & Co. board of directors. Co-founded and chairs board of directors of Radiation Oncology Services of America, a national network of outpatient radiation oncology centers. Also co-founded publicly traded Renal Care Group, which sold for about $3.5 billion about two years ago.
46
Fred Decosimo
Principal
Joseph Decosimo & Co.
Well-connected Republican party insider who runs one of nation's largest and fastest-growing accounting firms (with great presence across Tennessee). Decosimo's investment banking affiliate closed some $17 billion in transactions over the past three decades. Learned the ropes from legendary father Joe Decosimo, who is senior chairman emeritus at the firm.
45
Jack B. Turner
President
Jack B. Turner & Associates
Clarksville's most decorated businessman and its most generous philanthropist has a substantial presence throughout the Middle Tennessee region. As civilian aide to the Secretary of the Army, actively lobbies for military base funding in Clarksville, the state's fifth largest city. Chair of fundraising for the $25 million dollar Wings of Liberty Museum at Fort Campbell. Chose his own course, and instead of joining father Ajax Turner's beer distribution business, became one of America's best insurance brokers (the youngest life insurance agent ever awarded Million Dollar Roundtable status).
44
John "Thunder" Thornton
Founder
Thunder Enterprises
TVA's ability to swap land with developers is limited now—due in part to Thornton's sweet 2005 deal that gave him prime land around Nickajack Lake. Also building high-end communities in Wyoming, Montana, North Carolina and Hawaii. The state's most skilled salesman solidified his brand by partnering with Greg Norman on the Tennessee National golfing and residential project in Loudon County. The former UT System board member recently bought another 8,800 acres in Marion County.
43
Steve Gill
Radio talk show host & television personality
WLAC 1510 AM/WKRN News Channel 2
Influential conservative commentator on a program that airs six days a week on nearly a dozen radio stations across the state. Also chief political analyst for WKRN News 2 (ABC) in Nashville, a regular contributor on Fox News Weekend and a weekly columnist for several Tennessee newspapers (and a few national blogs). Show guests often include high-powered Washington types, such as Vice President Dick Cheney, but his Tennessee strength is built on his reputation as a someone whose scrutiny state lawmakers wish to avoid.
42
Jim Cooper
5th District Congressman
Intellectual giant in a body of lesser brains in our nation's Capitol. Expert on health care, national security and budget matters—all three fields being top concerns heading into the presidential election. An early endorser of Barack Obama, may get a cabinet position if the Illinois senator wins the Democratic nomination and the general election. Key voice on Armed Services, Budget, as well Oversight and Government Reform committees.
41
Bob Cooper
Attorney General
State of Tennessee
In third year as state's consumer advocate, has garnered a reputation as a bright and able legal eagle, having thwarted Fisk's effort to sell or share valuable Georgia O'Keeffe art collection on multiple occasions. Wrote an opinion in support of child adoption by same-sex couples. Recently opined that finding a proxy for absent state Sen. Ophelia Ford would be unconstitutional, ending that consideration of the General Assembly. The son of a former Supreme Court Justice, Cooper is also Gov. Bredesen's former chief legal counsel.
40
Colin Reed
President & CEO
Gaylord Entertainment Co.
Since taking the helm seven years ago, has transformed Gaylord, shedding company holdings that were non-core to its hotel and meeting businesses and expanding the geographic diversity of its properties. As one example, the much-anticipated Gaylord National Resort & Convention Center on the banks of the Potomac River in Maryland is scheduled to open this month. Meanwhile, at home, construction has begun on the $400 million Opryland expansion that will add 400,000 sq. ft. and another 400-room luxury hotel to the current facility, which is already the largest convention hotel outside of Vegas.
39
Bruce Hartmann
President & Publisher
Knoxville News Sentinel
The man behind Knoxville's daily newspaper (and, through acquisitions and expansions he steered, its weekly alternative newspaper and business monthly), which recently took on the Knox County Commission in an Open Meetings Act (Sunshine Law) suit and won. After a jury trial, a chancellor ruled that 12 commission appointees that had been selected behind closed doors be removed from office and replaced in accordance with the Open Meetings Act—literally changing the face and fabric of local government. Managing editor Jack McElroy was the voice of the decision to take on Knox County government, but Hartmann gave the okay. Maintains a high level of involvement on local boards, with local projects ranging from downtown revitalization to Friends of the Smokies.
38
Paul E. Stanton Jr.
President
East Tennessee State University
Eleven-year leader is widely regarded for transforming an institution known as "the University of Johnson City" into a regional education hub. Former dean of ETSU's College of Medicine is also credited with distinguishing the university through various health care programs and initiatives. Under his watch, ETSU also enjoys the most private giving among others within the Tennessee Board of Regents organization.
37
Shirley Raines
President
University of Memphis
Eleventh president of the school and the first woman in charge, as she was in her tenure as president of the Memphis Chamber of Commerce. Former classroom teacher is a respected authority on early childhood and teacher education. A person who has Gov. Bredesen's ear and can make the case for U of M's need to break free of the Board of Regents' system in order to better serve the city of Memphis. Her recent hiring of Kevin Boggs should improve technology management and licensing at the school—a function that was previously ill-defined.
36
Julius Johnson
Chief administrative officer
Tennessee Farm Bureau
From Columbia headquarters pushes the agenda of the largest Farm Bureau Federation in the United States based on membership (which also is one of the top insurance companies in the state). While the Bureau is not the legislative gorilla it was in decades past, its chief nonetheless has great pull in the state legislature and is introducing new initiatives like state-supported alternative fuels research.
35
John Tanner
8th District Congressman
As member of centrist Blue Dog Coalition, accuses the Bush administration of placing "the largest adjustable-rate mortgage on the American people in the history of humankind." His efforts to secure funding for Northeast Tennessee port in Lake County are expected to pay off to the tune of some 5,600 new jobs. Member, Ways and Means and Foreign Affairs committees. Some wonder why he hasn't run for governor or senate. Drops a bit due to party failures to accomplish sweeping change since sweeping the elections in 2006.
34
Stuart Brunson
Deputy Governor
State of Tennessee
The Fayette County native's influence on the governor and legislature has expanded since he replaced Dave Cooley in 2006. Used to run Bredesen's health care business, then moved to managing his campaigns. Now the former Al Gore staffer finds himself in the highest-ranking non-elected position in the state. Behind the hiring of Pat Miller (#67) and Michael Dresher to their current posts.
33
Karl Dean
Mayor-Metro Nashville-Davidson County
Elected Nashville's new mayor last fall, replacing Bill Purcell. Immediately went to work constructing a new lease arrangement on Nashville's downtown arena that was key in enabling local ownership takeover of the city's pro hockey squad, the Predators. Busy now promoting need for new downtown convention center (roughly $600 million) and in the city's search for a new school superintendent. The former Nashville law director defeated former Congressman Bob Clement to be elected Nashville's mayor and now runs the city and its roughly $1.5 billion budget.
32
Pat Summitt
Lady Vols basketball coach
UT-Knoxville
All-time winningest coach in NCAA basketball history (men and women). Captured seventh national title last year. Cheatham County native who is currently coaching her 34th Lady Vols' season, continuing her pursuit toward 1,000 wins (which she is expected to reach in 2009). In 2006, became the first women's basketball coach to shatter the million-dollar ceiling when she was awarded a six-year contract extension that elevated her annual total compensation package to $1.125 million in 2006-2007 and reaches $1.5 million by the 2011-12-basketball season.
31
Tom Kilgore
CEO
Tennessee Valley Authority
Embodies why the nation's largest public utility is better off with a singular leader at its helm instead of being managed by committee. Excellent leader and speaker who seldom relies on notes, and has the ability to explain complex subjects in layman's terms. Important figure in the ongoing debate over a nuclear renaissance in the United States, with billions in future funding and research contracts hanging in the balance of this year's presidential election. TVA last year finished a second nuclear reactor at the Watts Bar Nuclear Plant. (Construction was halted in 1985 when TVA shut down nuclear program.)
30
A C Wharton Jr.
Mayor
Shelby County
Charismatic leader working to address Shelby County's perilous financial situation, in part by lobbying state lawmakers on various proposals aimed at greater local control in light of certain realities of border competitiveness. In a Memphis area political landscape littered with stories of corruption, Wharton sticks out as a highly respected, ethical force that is closer in power to Memphis mayor Willie Herenton than many people think. Was the target of a "Draft A C" campaign during the Bluff City's most recent mayoral election.
29
Bob Corker
U.S. Senator
Former prolific developer and well-liked mayor of Chattanooga is slowly gaining traction in the Senate, having recently joined the Banking committee in addition to Housing and Urban Affairs. His shrewd criticism of the President's stimulus package keeps him at a safe distance from the departing administration.
28
Zach Wamp
3rd District Congressman
Representative of both Chattanooga and Oak Ridge recently named the top-ranking Republican of the Appropriation Committee's Subcommittee on Military Construction, Veterans Affairs and Related Agencies, which has jurisdiction over $64.7 billion in federal spending. Also serves as the second-most senior Republican on the Subcommittee on Energy and Water (vital to Chickamauga Lock and Oak Ridge National Laboratory funding). Revered by East Tennessee leaders and widely credited with the creation of the highly successful and significant Tennessee Valley Technology Corridor. A bona fide candidate for Tennessee governor in 2010.
27
John Faraci
Chairman & CEO
International Paper
Among Tennessee's highest-profile CEOs, globally speaking. Successfully guiding company through transformation into a smaller, more agile entity, as well as navigating industry decline. In addition to restructuring business, has been looking overseas to boost bottom line—bought 50% stake in Russia's largest pulp producer, llim Holding, last year. Company's Memphis presence greatly impacts economic development in Bluff City. Member, Memphis Tomorrow. Recently elected chairman of the American Forest & Paper Association's board of directors.
26
Bill Haslam
Mayor of Knoxville
Re-elected last year for the second term as Knoxville Mayor with virtually no opposition—a testament to his success in keeping the city in sound financial shape while tackling big-ticket items such as waterfront development and downtown revitalization. Former Pilot Corp. and Saks executive still unaffected by the trappings of political office and who is increasingly talked about as gubernatorial material. He and his family certainly have the personal wealth needed to do it.
25
Scott Niswonger
Philanthropist
Founded truckload/cargo company Landair (and later, spin-off Forward Air) with $2,000. Company is now a major player in supply chain management. Niswonger Foundation pours money into Greeneville and Greene County, providing resources and expertise that local public schools need to become successful. Consistently funding Tusculum College (including a world-class sport complex) and Niswonger Performing Arts Center. (Another NPAC was built in Van Wert, Ohio.) Working toward downtown redevelopment through Rediscover Greeneville project. A graduate of Purdue University's aviation technology program, he has donated $4.6 million to the renovation of and addition to the Niswonger Aviation Technology Building.
24
Bill Sansom
Chairman & CEO
H.T. Hackney Co.
Owns and runs Knoxville-based wholesale food distribution business—a $3.5 billion, 117-year-old operation that is one of the largest of its kind in the United States and Tennessee's third-largest private company. Sansom's company services more than 20,000 distribution centers, stocks over 25,000 products and covers 21 states. Recently re-elected chairman of TVA's board of directors. Former state commissioner and UT System board member. Cross-state board service includes Astec Industries, First Horizon and Mid-America Apartment Communities.
23
Jimmy Haslam
CEO
Pilot Corp.
Leading Tennessee's second largest privately held company with annual revenues of about $11.8 billion. Has grown father's company to about 280 locations in 40 states (and as of this past year, internationally to Canada). Company is the largest operator of travel centers and largest seller of over-the-road diesel fuel. Fast food partnerships introduced on his watch, and now company is the tenth largest restaurant franchisee in United States with restaurant sales alone topping $242 million in 2006. Serves on boards of First Horizon and Ruby Tuesday. (Résumé includes Anderson Media and Clayton Family Foundation.) Political force in East Tennessee, financial manager for Sen. Bob Corker during 2006 campaign.
22
Dave Goetz
Commissioner
Dept. of Finance & Administration, State of Tennessee
Arguably more important now with the state's economy in a little trouble. Former journalist and business lobbyist now authors the state's budget, looking after Gov. Bredesen's agenda in the Tennessee legislature. Former president of the Tennessee Association of Business (now the Tennessee Chamber of Commerce and Industry).
21
Rep. Bart Gordon
6th District Congressman
In his 12th term in Congress, made a huge power leap last year when he became chairman of the House Science and Technology Committee, which controls all federal nonmilitary research and development programs (including those at Department of Energy's ORNL). Has been questioning the plan by Utah-based EnergySolutions to import radioactive waste from Italy for processing in Tennessee, cautioning against putting "the United States on a path to becoming the world's nuclear waste dump." Also drops a bit on list due to party failures to accomplish sweeping change since sweeping the elections in 2006.
20
Mike Curb
Founder & Chairman
Curb Records
Presides over one of the largest independent record labels in the world. Extensive country music roster includes Hank Williams Jr., Wynonna Judd, Tim McGraw and LeAnn Rimes. Philanthropist after which multiple state institutions are named, including the Mike Curb College of Entertainment and Music Business at Belmont University, The Curb Center for Art, Enterprise and Public Policy at Vanderbilt University and the Curb Institute for Music at Rhodes College. Instrumental in housing Curb College's songwriting major and the Nashville Songwriters Hall of Fame on Music Row this year, granting the hall its first ever physical location. Also, following recent relocation, co-owns Nashville's only NASCAR racing team.
19
Dave Ramsey
Radio/TV show host & best-selling author
The Dave Ramsey Show
Practically a household name bestowing financial wisdom on the debt-afflicted through radio, best-selling books, live events, Financial Peace University and more. The Dave Ramsey Show is the largest independently owned and operated syndicated radio show in the nation with more than three million weekly listeners on about 350 stations. Already a regular on CBS's The Early Show, Ramsey expanded his national television presence last year with his own show on the Fox Business Network. Equal parts product and CEO, he directs a team of more than 200 people at fast-growing Brentwood-based Lampo Group.
18
Jim Ayers
Philanthropist
Built wealth in nursing home business before starting Lexington-based First Bank. He and wife Janet named 2007 philanthropists of the year by the Nashville Chapter of the Association of Fundraising Professionals, giving more than $3.4 million in 2006 to support community organizations in Tennessee and more than $27 million over the last three years. Through Ayers Foundation, helps provide college scholarships to residents in several Tennessee counties. Ten million dollar, five-year gift launched the Jim Ayers Institute for Precancer Detection and Diagnosis at Vanderbilt Ingram Cancer Center. Member of the State Board of Education.
17
Jim Clayton
Founder
Clayton Homes
Legendary entrepreneur who founded manufactured housing company Clayton Homes and sold it to renowned investor Warren Buffet. Building statewide community banking empire with Clayton Bancorp. Took the helm of Clayton Bank & Trust after his president and CEO resigned in June and plans to stay on through 2008 while scouting candidates for the position. Generous philanthropist through Clayton Foundation, which, with more than $120 million in invested assets, is one of the largest foundations in the South.
16
Tommy Frist
Co-founder
Hospital Corporation of America
Co-founder and former chairman of HCA who took company through second leveraged buyout in 2006 (historically the largest on Wall Street at the time). Instrumental in establishing Nashville's identity as a global health care nexus. Patriarch of one of Nashville's wealthiest and most influential families. Philanthropic force behind Nashville jewels such as the Frist Center for the Visual Arts, as well as other nonprofits throughout the city. Recently named to Junior Achievement Hall of Fame alongside stalwarts like the founder of NASCAR.
15
Jack O. Bovender Jr.
Chairman & CEO
Hospital Corporation of America
The most active and influential corporate chieftain in Nashville. Runs nation's leading provider of health care services (170 hospitals, 113 outpatient centers in 20 states and England) and Tennessee's largest private company. In 2006, steered company private in buyout valued at approximately $33 billion, including $11.7 billion of debt, unprecedented at the time. Outside the public markets, though, HCA's profile is less conspicuous. Founding member of Nashville Health Care Council.
14
Dolly Parton
Entertainer & Entrepreneur
Entertainment icon who is among the nation's most recognized celebrities. Recently released Backwoods Barbie, her first mainstream country album in 17 years, and announced the launch of a world tour. Also a leading state tourism spokesperson and children's literacy champion. Her Imagination Library, through which more than 330,000 kids receive free books monthly, covers all 95 Tennessee counties and is making significant headway in other states, Canada and (this year) Europe. Businesswoman behind Pigeon Forge's Dollywood amusement park, Tennessee's top tourist attraction, which had a record year in 2007, drawing more than 2.5 million visitors.
13
Brian Ferguson
CEO
Eastman Chemical
At Eastman since 1977, runs the $7.5 billion-in-sales company that employs 11,000 people worldwide, 7,500 of whom are in Kingsport. A leader in manufacturing and marketing chemicals, fibers and plastics, and the world's largest producer of PET polymers for packaging, Eastman is vying for a key role in coal gasification—a promising alternative energy technology that provides clean ways of converting coal into electricity, hydrogen and other products. Under Ferguson's leadership, company recently announced commitment to invest more than $1.3 billion dollars over the next five years in the company's Kingsport manufacturing site.
12
Gerald Nicely
Commissioner
Tennessee Department of Transportation
Against the backdrop of aging highways, federal budget cuts, stagnant gas taxes, Tennessee's aversion to bonding and myriad new funding options ranging from toll roads to privatization, Nicely is Gov. Bredesen's key point of reference regarding policy direction on roads—and thereby economic expansion in Tennessee. Tabbed following Bredesen's 2002 election to put the powerful road lobby in check, Nicely remains public enemy number one in the road building community. Ushered in a new era of public interaction and consensus building at formerly insular TDOT.
11
Ron Ramsey
Lt. Governor
State of Tennessee
Last year achieved what Republicans have tried for decades—winning the state Lt. Gov. post. Powers of his perch include selecting committee heads, determining the path of Senate legislation and serving as a roadblock to Gov. Bredesen's legislative agenda, which he was attempting to do at press time by limiting Pre-K expansion. Also calls the shots in appointing citizen members to influential state boards and commissions. Supports AT&T's cable franchising push. His current proposal for constitutional amendment to allow Tennesseans to elect their Lt. Gov. would chip away at his own short-term power prospects. A talked-about gubernatorial candidate in 2010.
10
Jimmy Naifeh
House Speaker
Tennessee House of Representatives
A Tennessee institution in his own right, America's longest-serving House Speaker wields great power as he controls the advancement and timing of bills, mercilessly killing rival edicts in subcommittees. Second-generation Lebanese-American lawmaker from Covington with a 30-year legislative career easily wins elections. At press time, with a resolution really hinging on movement in the House, Naifeh was trying to produce a settlement in the cable franchising bill quagmire (and avoid political rifts in an election year) by encouraging the two sides to meet and work out their differences, a hands-off strategy criticized publicly by Gov. Bredesen.
9
James "Big Jim" Haslam II
Chairman
Pilot Corp.
East Tennessee political powerhouse and philanthropist—one source colorfully describes Big Jim as East Tennessee's "Wizard of Oz"—who founded the state's second largest private company, Pilot Corp. Co-owns (with Marathon Ashland Petroleum) Pilot Travel Centers, the largest retail operator of travel centers in the nation. Not long ago, he and his wife Natalie gave UT-Knoxville $32.5 million, the largest gift the university has ever received from individuals. Retired from UT System board of trustees last year after 27 years of service.
8
Willie Herenton
Mayor
City of Memphis
Recently won unprecedented fifth term as Memphis mayor. Will end this current term having served 20 years in the office. (Memphis is currently considering term limits.) Long-time proponent of mayor taking over appointment of local school board and consolidation of city and county government (which has suburban mayors bristling). Current power plays consist mainly of proposing investments in city's convention center (new or expanded) and Liberty Bowl football stadium. Backed Hillary Clinton in recent Democratic primary.
7
Vicky Gregg
President & CEO
BlueCross BlueShield of Tennessee
Recently celebrated five year-milestone as leader of Tennessee's largest health insurer with 2.3 million members (a staggering percentage of Tennesseans). Since she took the helm, about 1,000 employees have joined the fold (bringing the total to 4,300), and annual revenues have climbed from about $2 billion to more than $3 billion. Added subsidiaries through purchasing Nashville-based Gordian Health Solutions—provider of worksite wellness and health management programs—and creating Shared Health—a health information exchange system that allows doctors to access electronic health records. Overseeing $225 million construction project for new Chattanooga headquarters. Named the Health Ethics Trust's 2007 Fellow of the Trust for her accomplishments and leadership in advancing health care ethics and compliance.
6
Lamar Alexander
U.S. Senator
Tennessee's senior senator, recently elected chairman of the Senate Republican Conference, the GOP leadership's number three slot behind Republican leader Mitch McConnell (R-KY) and Republican whip John Kyl (R-AR). Now responsible for coordinating and communicating the GOP's message in the Senate. Being such a big player on the national political scene helps Tennessee in that Alexander is always at the table of weighty decision-making. Also on Senate Appropriations Committee determining where federal money flows. The only Tennessean popularly elected both governor and U.S. Senator. Also former U.S. Education Secretary and UT System president. Backed in his current reelection effort by 30 top Tennessee Democrats (including, from this list, Herenton, Wharton and Graves).
5
John Petersen
President
UT System
Chief operating officer of geographically diverse, well-staffed, multi-facility University of Tennessee System, making him a rare example of a person whose power is scattered from border to border in Tennessee. A key ally to the statewide business community who recently put an economic expansion-friendly strategic mission in place, Petersen has ruffled faculty feathers at various UT outposts. His public battle with former UT-Knoxville Chancellor Loren Crabtree over mission and control recently ended in Crabtree leaving his post—a move that sparked brief faculty outrage but got the endorsement of the governor—revealed how broad Petersen's power has become in Tennessee just a few years after arriving in it. UT board at press time was mulling proposed change (approved by board committee) granting Petersen the power to reassign, demote or fire the four chancellors of the UT System without board approval.
4
Martha Ingram
Chairman
Ingram Industries
Matriarch of $2.4 billion Ingram family fortune and leader in business, civic organizations and the arts. Chairman, Nashville-based Ingram Industries, one of nation's largest private companies, including Ingram Book Group, Ingram Marine Group, Lightning Source and Ingram Digital Group. Serves on board (and majority shareholder) of Ingram Micro, a Fortune 500 company that's also the world's largest technology markets distributor. Influential chairman of the Vanderbilt University Board of Trust and ex officio member of the committee that recently selected the university's eighth chancellor. Other boards include Weyerhaeuser and Regions Financial Corp.
3
Fred Smith
Founder, chairman & CEO
FedEx Corp.
World-renowned businessman who created the first overnight express delivery system (almost 40 years ago) that now handles more than six million shipments around the world every day. Made Memphis the world's distribution/logistics/shipping capital and continues to attract companies that want to take competitive advantage of the direct connection Memphis offers to the global marketplace. Powerful voice against America's dependence on oil. Has a footprint in Hollywood movie-making industry. Co-owner of the Washington Redskins.
2
J.R. "Pitt" Hyde Jr.
Chairman & CEO
Hyde Family Foundations
The unofficial mayor of Memphis. Bluff City's biggest booster who puts his money where his mouth is. As responsible for the city's downtown revitalization, status as a burgeoning biotech hub, snagging of a pro sports team, and vigor as an educational and cultural arts scene as any other Memphian. After successfully beating prostate cancer about 10 years ago, the co-founder of AutoZone and the largest local owner of the Memphis Grizzlies moved to single-handedly transform the state's biotechnology industry. Through MB Venture Partners, invested in GTx, BioMimetic and Protein Discovery. Also behind Memphis' first charter school. A force on Capitol Hill as It relates to educational standards, Improvement and experimentation statewide.
1
Phil Bredesen
Governor
State of Tennessee
Recently presented a fiscal year budget that is smaller than the previous year's (a first since 1980), further confirming his commitment to common sense budgeting and sound management. That said, the lack of a state surplus saps some of his spending and program power. Since taking office five years ago, took control of TennCare, launched Cover Tennessee and started universal Pre-K. Now working to provide more state care and at-home options for elderly and disabled (taking on the powerful nursing home lobby) and using surplus lottery funds to help more students attend college. Looking to wade into cable TV fight long brewing on Hill. Environmental record, including massive land purchases, will be a significant part of his legacy. Considered by many to be on track to end term as Tennessee's most powerful governor ever.
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