Business Hall of Fame to induct new alumni
Monday, October 22, 2012
The Collins College of Business will induct three alumni members into their Business Hall of Fame on Oct. 23
Alumni Jeff Davis, Judith A. Smith and Michael Wiley will be inducted into the Business Hall of Fame during a special ceremony on Oct. 23, in TU's Lorton Performance Center. The induction ceremony will include remarks from TU President Steadman Upham and Gale Sullenberger, dean of the Collins College of Business.
About the 2012 Inductees
Jeff Davis is the CEO of United States Beef Corporation, Inc., dba Arby’s and Taco Bueno. Headquartered in Tulsa, Oklahoma, United States Beef Corporation is the largest franchisee in the world of the Arby’s Restaurant Group.
Davis has played a significant role in the founding and subsequent growth and success of United States Beef Corporation. Along with his father, Robert, they opened their first Arby’s restaurant in 1969, but didn’t actually purchase it from the corporation until later that year, becoming one of the early Arby’s franchisees.
Under the stewardship of Davis, United States Beef Corporation now has more than 280 Arby’s restaurants and more than 7,000 employees located in the six contiguous Midwestern states of Colorado, Kansas, Oklahoma, Arkansas, Missouri and Illinois, and five Taco Bueno restaurants in northwest Arkansas. Recognized for his innovation and growth of the Arby’s system, Davis has twice received the Arby’s Franchisee of the Year award.
Since opening that first restaurant in Tulsa, Davis has kept intact a family culture throughout his restaurants, empowering and inspiring employees to always make guests their first priority. As the largest Arby’s franchisee, Davis and his senior management team play a vital leadership role for the entire Arby’s system, serving on various boards and committees that assist in setting policies for the franchisor, Arby’s Restaurant Group. The team is involved in providing counsel and direction for advertising, managing food purchasing and distribution, sharing innovative information technology, and developing operational procedures that are followed by franchisees across the country.
Davis is a recognized leader in the restaurant industry, currently serving as the chairman of the Arby’s Franchise Association board, and a member of the National Restaurant Association and the Oklahoma Restaurant Association. In his community, he has generously donated his time to be on the boards of the Tulsa Community Foundation, the State Chamber of Commerce, the Tulsa Metropolitan Chamber of Commerce, the Young Presidents Organization, the Oklahoma Board on Judicial Compensation, Commerce Bank in Oklahoma, the Tulsa area Red Cross and Leadership Tulsa.
He earned his Bachelor of Science degree in marketing from The University of Tulsa, where he has also been honored as a University of Tulsa Distinguished Alumnus. Jeff and his wife, Judy, have two daughters, two sons and three grandchildren.
Judith A. Smith
Smithco Engineering Inc. doubled in value and became one of the top woman-owned companies in while Judith A. “Judy” Smith was at the helm. Smith is the retired owner, chairwoman and CEO of Tulsa-based Smithco, a leading designer and fabricator of heat exchangers.
She joined Smithco’s financial department in the 1980s after her husband, Roy H. Smith, Jr., purchased Smithco in 1978 from his uncle Orville L. Smith, who founded the company in 1952. Roy Smith, a 1956 petroleum engineering graduate of The University of Tulsa, had been working at the company for many years, having started out as a young trainee. Judy and Roy looked to the future for the company and explored growth opportunities together.
As a result, Judy launched Metal Services, Inc., a structural steel fabricator company in 1990. A year later, she established Transit Services, Inc., an inter- and intra-state flatbed heavy haul trucking company. That same year, Judy and Roy purchased Amercool Manufacturing, Inc., of Tyler, Texas. It was later moved to Tulsa as a part of the Smithco expansion of the compressor packaging industry. Tragically, after a 12-year bout with cancer, Roy passed away in 1998.
Judy Smith persevered and focused herself more than ever on the growth and well-being of her companies. Driven by a business philosophy that valued human capital, she committed to providing employees a safe work environment and opportunities for advancement. In return, Smith expected loyalty and a high-level of performance from her employees, some of whom have been with Smithco for more than 45 years.
Smith’s vision and business acumen led to Smithco ranking No. 6 in Oklahoma and No. 84 in the country on the Diversity Business lists of Top Women-Owned Companies between 2005 and 2007. Upon her retirement in 2007, she established Smithco Investments, LLC, in Tulsa, a real estate management and investment company.
Smith has served on the Boards of Tulsa Opera, Tulsa Ballet, Tulsa Charity Horse Show, St. Philip Neri Newman Center on The University of Tulsa campus and the Bishop’s Board of the St. Francis of Assisi Catholic Tuition Assistance Trust. She currently serves on the Executive Board of the Indian Nations Council of Boy Scouts of America and was president of the council from 2006 to 2007, being the first female president of a Boy Scout council in Oklahoma. Raised in Tulsa, Smith is a 1963 business graduate of Northeastern State University and attended The University of Tulsa for graduate work in psychology. She has four children, nine grandchildren and four great grandchildren.
Michael E. Wiley
Michael E. Wiley’s career began in the rugged oil patch and blossomed behind the CEO’s desk where he guided several high-profile energy businesses. Always believing there is not just one formula for management and leadership, Wiley approached each challenge with flexibility. His passion was building a culture of integrity, performance and teamwork that creates value over a long period time.
Wiley is the retired chairman, president and CEO of Baker Hughes, the world’s third-largest oilfield services company. His leadership followed a 28-year career at Atlantic Richfield Company (ARCO) where he rose from production manager to president and chief operating officer. His bold leadership would ultimately boost the company as the domestic oil and gas business continued a several-year decline in the early 1990s.
In 1993, Wiley proposed the domestic exploration and production business be split up in order to develop a more entrepreneurial company that could compete and grow. As he recommended, the natural gas businesses were spun off as Vastar Resources, which began trading publicly in 1994, with Wiley as CEO. At its sale to BP in 2000, Vastar had tripled in value and was recognized as the leading independent in exploration and production in the Gulf of Mexico.
Only two months after the acquisition of ARCO by BP, Baker Hughes recruited Wiley to turn around the oilfield services giant, which was languishing from accounting problems and the departure of the company’s top leaders in 2000. As the newly-appointed president, chairman and CEO of Baker Hughes, Wiley presented the board with a set of long-term objectives for righting the ship. By the time he retired four years later, Baker Hughes was positioned as a best-in-class leader in the oilfield services industry.
Since his retirement, Wiley has served on the Board of Directors of Tesoro Corporation and Bill Barrett Corporation, and on the Board of Trustees of the Fidelity Equity Funds. In the community, Wiley has served on the boards of the Houston Grand Opera, The Houston Museum of Natural Science, Spindletop Charities and The University of Tulsa Board of Trustees, as well as numerous industry associations, including chairman of the Natural Gas Supply Association.
Wiley earned his Bachelor of Science degree in petroleum engineering from The University of Tulsa in 1972 where he has also been honored as a Distinguished Alumnus and as a member of the College of Engineering and Natural Sciences Hall of Fame. He received an MBA from the University of Dallas in 1981. Wiley and his wife, Laura, have two children, Sara and Richard.