Whenever Gov. Charge Haslam designated the University of Memphis' new leading group of trustees this late spring, Marvin R. Ellison's name emerged.
Ellison is the solitary U of M board part not living or working in metropolitan Memphis, and since his last employment here was in the 1980s, working security for Target stores, his name is not really commonplace citywide.
So he emerged, not on the grounds that he was known, but rather in light of the fact that it wasn't clear why Haslam would choose him to join the conspicuous gathering built up this year to regulate the state funded college.
Who is he?
Ellison is one of the little gathering of U of M graduates who have gone ahead to run significant organizations.
Here's a little story: He was 50 years of age and living close Dallas when he came back to the J.C. Penney store in Jackson, Tennessee.
The Haywood County High School walking band welcomed him. So did kin and companions from close-by Brownsville. It was the late spring before last. What's more, a main residence legend had come back to West Tennessee.
In the 1970s his late mother worked in the now-shut Wells Lamont glove processing plant in Brownsville and would take the children looking for their decent garments in the huge Penney retail chain. It was her treat. Presently everybody needed to shake hands, make proper acquaintance, basically look him over.
Some popular Americans have left Haywood County, including 1920s pilgrim Richard Halliburton and contemporary demigod Tina Turner. Ellison, however, is the main local child to end up distinctly CEO of a Fortune 500 organization with 105,000 representatives. That organization happens to be J.C. Penney.
J.C. Penney turnaround
Notwithstanding having more than 1,000 retail establishments, the retail chain kept running into inconvenience and contacted Ellison in 2014, selecting him to the top employment after a badly featured exertion by an earlier CEO to take the stores upscale went astray.
J.C. Penney deals volume had dove and the governing body of the organization, headquartered in rural Dallas since 1987, thought Ellison had the guts to settle the old brand.
This year, the organization is poised to report its first benefit in years. Clarified the business magazine Fortune: "Ellison's reaction has been to make Penney more quick witted and more proficient at keeping clients steadfast and offering more to every one."
In December, just before returning for a U of M executive meeting, Ellison reflected in a telephone meet on his vocation.
"I give a considerable measure of credit to my folks," Ellison said. "Experiencing childhood in Brownsville, at the time it was a two-stoplight town, and we experienced childhood in unassuming conditions with a solid confidence and a faith in instruction and diligent work. My father dependably would state, 'In case you're not going to attend a university and get a degree, take in an aptitude.' ""
One of seven kids, Ellison was amidst the pack and calls himself a "conceived peace creator." He played wide beneficiary and security on the secondary school football group and low register guitar in the family gospel band that made four collections in his childhood under the name "Ellison Family."
Today, he is one of five African Americans driving a Fortune 500 organization in the United States. He earned $5.3 million a year ago, Financial Times reported. It glaring difference an unmistakable difference to his dad, who maintained three sources of income in the meantime to support his young family.
J.C. Penney president and CEO Marvin Ellison at the
J.C. Penney president and CEO Marvin Ellison at the J.C. Penney store at Stonebriar Center in Frisco, Texas, on March 31, 2015. Ellison is knocking some people's socks off with the organization's turnaround. (Vernon Bryant/Dallas Morning News/TNS) (Photo: Vernon Bryant, TNS)
"Having a father experiencing childhood in the Jim Crow south, and living through isolation and striving to live as a good example, I think it is unique that in his lifetime he can see one of his youngsters make this level of progress,'' the child said.
"An exceptional official"
His way to the U of M governing body was meandering. Ellison was at Home Depot Inc., where he rose to official VP more than 15 years, in the long run assuming responsibility of every one of the 2,000 U.S. stores. He was noticeably connected with bringing those stores out of a tail turn.
Almost three years back, U of M business college authorities got some information about his encounters to a class of MBA understudies. Taking in a retail official was on grounds, Memphis financial specialist Brad Martin, then serving as U of M between time president for a year, welcomed Ellison to lunch. Martin is himself the resigned CEO of Sak's Inc., proprietor of the Sak's Fifth Avenue retail chain. They got to be companions.
"Marvin Ellison is a phenomenal official," Martin said. "In the event that he weren't in retail he could maintain any business."
Martin, a U of M graduate, is respected exceedingly in U.S. corporate circles. He has served on the greater part twelve sheets, which supervise expansive methodology, set arrangement and contract and fire the CEO, the No. 2 position in many organizations after the administrator of the board.
One of Martin's board seats is at FedEx Corp. Martin talked for Ellison as the Memphis cargo transporter, which looked for a board part with retail know how. Ellison joined the FedEx top managerial staff in 2014, a position which pays $110,000 every year isolate from his pay at J.C. Penney.
By summer 2016, Ellison was named to the U of M board by Haslam. Stores and colleges are not alike but rather they each give an administration, and Martin said he and Ellison can every draw on their retail encounter.
"They both face advanced interruption," Martin said, alluding to web based shopping and educating over the web as strengths that will have a tendency to reshape the set up ways. "Retailers need to convey to a changing client base in a world that is progressively extraordinary. The college is in a similar kind of situation.''
Ellison, who majored in advertising at U of M, met his significant other Sharyn at the college. Despite everything they have a nearby association. Their child is selected at U of M.
"I simply think what I've done focuses to the reality we live in the best nation on the planet and the American dream is alive,'' Ellison said. "I am an exemplary case of the American dream.''
Ted Evanoff, business editorial manager of The Commercial Appeal, can be come to at evanoff@commercialappeal.com and (901) 529-2292.
Ellison is the solitary U of M board part not living or working in metropolitan Memphis, and since his last employment here was in the 1980s, working security for Target stores, his name is not really commonplace citywide.
So he emerged, not on the grounds that he was known, but rather in light of the fact that it wasn't clear why Haslam would choose him to join the conspicuous gathering built up this year to regulate the state funded college.
Who is he?
Ellison is one of the little gathering of U of M graduates who have gone ahead to run significant organizations.
Here's a little story: He was 50 years of age and living close Dallas when he came back to the J.C. Penney store in Jackson, Tennessee.
The Haywood County High School walking band welcomed him. So did kin and companions from close-by Brownsville. It was the late spring before last. What's more, a main residence legend had come back to West Tennessee.
In the 1970s his late mother worked in the now-shut Wells Lamont glove processing plant in Brownsville and would take the children looking for their decent garments in the huge Penney retail chain. It was her treat. Presently everybody needed to shake hands, make proper acquaintance, basically look him over.
Some popular Americans have left Haywood County, including 1920s pilgrim Richard Halliburton and contemporary demigod Tina Turner. Ellison, however, is the main local child to end up distinctly CEO of a Fortune 500 organization with 105,000 representatives. That organization happens to be J.C. Penney.
J.C. Penney turnaround
Notwithstanding having more than 1,000 retail establishments, the retail chain kept running into inconvenience and contacted Ellison in 2014, selecting him to the top employment after a badly featured exertion by an earlier CEO to take the stores upscale went astray.
J.C. Penney deals volume had dove and the governing body of the organization, headquartered in rural Dallas since 1987, thought Ellison had the guts to settle the old brand.
This year, the organization is poised to report its first benefit in years. Clarified the business magazine Fortune: "Ellison's reaction has been to make Penney more quick witted and more proficient at keeping clients steadfast and offering more to every one."
In December, just before returning for a U of M executive meeting, Ellison reflected in a telephone meet on his vocation.
"I give a considerable measure of credit to my folks," Ellison said. "Experiencing childhood in Brownsville, at the time it was a two-stoplight town, and we experienced childhood in unassuming conditions with a solid confidence and a faith in instruction and diligent work. My father dependably would state, 'In case you're not going to attend a university and get a degree, take in an aptitude.' ""
One of seven kids, Ellison was amidst the pack and calls himself a "conceived peace creator." He played wide beneficiary and security on the secondary school football group and low register guitar in the family gospel band that made four collections in his childhood under the name "Ellison Family."
Today, he is one of five African Americans driving a Fortune 500 organization in the United States. He earned $5.3 million a year ago, Financial Times reported. It glaring difference an unmistakable difference to his dad, who maintained three sources of income in the meantime to support his young family.
J.C. Penney president and CEO Marvin Ellison at the
J.C. Penney president and CEO Marvin Ellison at the J.C. Penney store at Stonebriar Center in Frisco, Texas, on March 31, 2015. Ellison is knocking some people's socks off with the organization's turnaround. (Vernon Bryant/Dallas Morning News/TNS) (Photo: Vernon Bryant, TNS)
"Having a father experiencing childhood in the Jim Crow south, and living through isolation and striving to live as a good example, I think it is unique that in his lifetime he can see one of his youngsters make this level of progress,'' the child said.
"An exceptional official"
His way to the U of M governing body was meandering. Ellison was at Home Depot Inc., where he rose to official VP more than 15 years, in the long run assuming responsibility of every one of the 2,000 U.S. stores. He was noticeably connected with bringing those stores out of a tail turn.
Almost three years back, U of M business college authorities got some information about his encounters to a class of MBA understudies. Taking in a retail official was on grounds, Memphis financial specialist Brad Martin, then serving as U of M between time president for a year, welcomed Ellison to lunch. Martin is himself the resigned CEO of Sak's Inc., proprietor of the Sak's Fifth Avenue retail chain. They got to be companions.
"Marvin Ellison is a phenomenal official," Martin said. "In the event that he weren't in retail he could maintain any business."
Martin, a U of M graduate, is respected exceedingly in U.S. corporate circles. He has served on the greater part twelve sheets, which supervise expansive methodology, set arrangement and contract and fire the CEO, the No. 2 position in many organizations after the administrator of the board.
One of Martin's board seats is at FedEx Corp. Martin talked for Ellison as the Memphis cargo transporter, which looked for a board part with retail know how. Ellison joined the FedEx top managerial staff in 2014, a position which pays $110,000 every year isolate from his pay at J.C. Penney.
By summer 2016, Ellison was named to the U of M board by Haslam. Stores and colleges are not alike but rather they each give an administration, and Martin said he and Ellison can every draw on their retail encounter.
"They both face advanced interruption," Martin said, alluding to web based shopping and educating over the web as strengths that will have a tendency to reshape the set up ways. "Retailers need to convey to a changing client base in a world that is progressively extraordinary. The college is in a similar kind of situation.''
Ellison, who majored in advertising at U of M, met his significant other Sharyn at the college. Despite everything they have a nearby association. Their child is selected at U of M.
"I simply think what I've done focuses to the reality we live in the best nation on the planet and the American dream is alive,'' Ellison said. "I am an exemplary case of the American dream.''
Ted Evanoff, business editorial manager of The Commercial Appeal, can be come to at evanoff@commercialappeal.com and (901) 529-2292.
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