He played a key role in establishing the Birmingham Promise and other citywide initiatives. Throughout his business and professional career, Styslinger consistently attributed Altec's success to his father's philosophy about the company's associates "Work should be to an adult what play is to a child enjoyable!" This site is provided as a service of SCI Shared Resources, LLC. The visionary founder of Altec, Inc., who took his father's small truck equipment company and turned it into a global corporation, passed. In addition, George served as a director of Rackspace Hosting from 2006 to 2014, the National Venture Capital Association from 1995 to 2000, and the Stanford Business School Venture Capital Trust from 1997 to 2001. Lynne is the former U.S. chairman and chief executive officer (CEO) of KPMG LLP (KPMG), a global leader in audit, tax, transaction, and advisory services, where she had been employed since 1985. Ways to honor Lee Styslinger's life and legacy. George led the sole venture investment in PeopleSoft, where he served on the board of directors from 1991 to 2001. Aneel holds a Master of Business Administration degree from Stanford University and a bachelors degree in electrical engineering and economics from Brown University. Mr. Styslinger owns over 10,000 units of Workday Inc stock worth over $1,748,500 and over the last 15 years he sold WDAY stock worth over $105,200. God bless each of you, your families and God bless America!. The Altec / Styslinger Genomic Medicine and Data Sciences Building represents the future of modern health care, said UAB President Ray Watts, M.D. CANDLE HAS BEEN LIT CANDLES HAVE BEEN LIT, We are reviewing your submission. He is also a member of the Business Council and the Council on Foreign Relations. Information and advice to help you cope with the death of someone important to you. It gives name recognition and brings prestige to our programs and facilities. Those formative years developed his deep faith and lifelong friendship with countless priests and monks. He also serves on the board of directors of the Workday Foundation, General Motors, and the Memorial Sloan Kettering Cancer Center. He brings to our board extensive experience as an officer and director of publicly traded software and technology companies, and financial expertise in the technology industry. The current bipartisan agreement is the only way to achieve sustainable changes that unleash private capital and improve federal permitting. Read More Jerry Yang Independent Director A Statement from Altec's Chairman and CEO, Lee Styslinger, III "Each of us is troubled and heartbroken by the devastating events that have taken place in our country with the horrendous death of George Floyd and others. Lee brings to the board deep expertise as chairman and CEO of a global company as well as diverse leadership experience serving across multiple corporate, governmental, and education-related boards and councils. Prior to Workday, Carl was a general partner at venture capital firm Sequoia Capital since April 2016. And as we enter the Easter holiday season whatever your spiritual beliefs Jon, Mark and I wanted to take a moment to reflect on the importance of the holiday, especially during these difficult and unprecedented times as we all deal with the global pandemic. Altec is a third-generation family-owned business founded by Lee Styslinger in 1929. Mr. Hawkins served as president and CFO Emeritus of Salesforce.com, Inc., a software company, from February 2021 to November 2021; president and chief financial officer from August 2017 to February 2021; and executive vice president and chief financial officer from August 2014 to 2017. Disabling cookies may also prevent parts of website from working properly. Prior to joining VMware in 2002, Carl held various sales management positions with Inktomi; 3Com Corporation; Lucent Technologies, Inc.; and EMC. In addition, he makes $349,287 as Independent Director at Workday Inc. Lee J. Styslinger III is now Chairman and CEO, Jon is President, and Mark is senior vice president. He started his career with the accounting firm Arthur Andersen, where he was a partner in the Atlanta office. This data may be used for personalization, analytics, and ads. 2023 SCI SHARED RESOURCES, LLC. He earned his B.A. As a foundation, we wanted to be supportive of breakthroughs in genomic sciences, and of a facility that will have a tremendous impact not only on UAB but on the state of Alabama and beyond., The gift from the Altec / Styslinger Foundation was the crucial seed money that allowed the project to take off, Watts said. You have funeral questions, we have answers. In the 21st century, it's not just urns and gravestones anymore. Styslinger is survived by his wife of 62 years, Catherine, and three sons, Lee Styslinger, III, Jon Styslinger and Mark Styslinger, along with eleven grandchildren. He became President of Altec in 1994 and was named CEO in 1997. He was a member of The Country Club of Birmingham, The Jupiter Island Club, Seminole Golf Club, Shoal Creek and was President of Mountain Brook Club. Aneel Bhusri serves as our board chairas well as our co-CEOand George Still, Jr., is vice chair of the board and lead independent director. Send simple, comforting meals with Home Chef. Carl received an Electronics Technician diploma from DeVry University. Altec currently provides products and services in more than 100 countries around the world. Celebrating a life well lived with you! Scott Styslinger is a sophomore at SMU and is pursuing a degree in mechanical engineering at Lyle School of Engineering. [22][32][33], Styslinger serves on the board for the Altec/Styslinger Foundation. Lee J. Styslinger III (born 1961) is the chairman and chief executive officer of Altec, Inc. Altec designs, produces, and markets equipment "for the electric and telecommunications industries" in around 100 countries. We work closely with the communities where we operate throughout the country; but obviously, given our history and involvement in Birmingham, we have a special focus on this city., Lee Styslinger, Jr., now retired after serving for decades as chairman and CEO of Altec, Inc., and his wife, Catherine, are longtime supporters of the UAB School of Nursing. In 1952, following his fathers untimely death, Styslinger assumed control of Alabama Truck Equipment Co., at the age of 19. Lee Styslinger was chairman and CEO since 1994 and now serves as co-chairman of Altec. Disabling cookies may also prevent parts of website from working properly. Before 2020, Birmingham saw impressive growthbut the COVID-19 pandemic challenged the citys economic progress. He will be greatly missed by his children, grandchildren, numerous nieces, nephews, friends and business associates. Find contact's direct phone number, email address, work history, and more. Infrastructure projects will also improve the day-to-day lives of Birmingham residents, ensuring the city could complete, maintain, and improve these projects in the future. Finances In 2019, the foundation had $12,386,732 in total revenue and $4,289,734 in expenses. "Altec" is a registered trademark of Altec Industries, Inc. 210 Inverness Center Drive Our board of directors currently consists of 12 members. Lynne Doughtie joined the Workday board of directors in February 2021. UAB Senior Vice President of Medicine and School of Medicine Dean Selwyn Vickers, M.D., estimates the Altec / Styslinger Genomic Medicine and Data Sciences Building will support more than 50 additional leading researchers and 300 research support staff, and an increase of $75 million to $85 million in research funding support. Grief researchers say holding that missing funeral service, even a year or more later, can still help us heal. It is because of visionary donors like the Styslingers that our school is able to turn challenges into innovative opportunities for growth and discovery., The Styslinger familys motivation for giving really speaks to my dads vision that he has always exemplified, which is the Golden Rule of Do unto others as you would have them do unto you, said Lee Styslinger III. Lee Styslinger: Lee J. Styslinger, III is the president and CEO of the foundation. [29] A member of the Augusta National Golf Club in Georgia, he is also a part of the Masters Tournament committee[4] and involved with events such as the Latin America Amateur Championship. [12], He is on the board of directors of Workday,[13] Regions Financial Corporation (RF), and Vulcan Materials Company (VM). Send a note, share a story or upload a photo. Receive notifications of key executive changes. Even though churches will be closed this Sunday, we are certain that youll reflect on your many blessings. Lee J. Styslinger III is now president and CEO of Altec, and Jon and Mark are both senior vice presidents. Mr. Styslinger was such a wonderful, kind person. Most notably, those charities included Catholic Charities, United Way, St. Francis Xavier Church, Children's Hospital, UAB Hospital, UAB School of Nursing and The Birmingham Museum of Art as well as numerous others. According to Business Roundtable, he serves on several boards of Birmingham giants such as Vulcan Materials Company, Regions Financial Corporation and Children's Hospital. As both Lee and Mark mentioned, out of the care and concern that we have for others, every one of us is being asked to observe Easter in the solitude of our homes this year. Initially, he maintained the companys focus on building truck mounted utility bodies for Alabama Power as well as specialized compartments for dairy, bakery and dump trucks. George Still, Jr. has served on the board of directors at Workday since 2009. from Northwestern University and his M.B.A. from Harvard University. Infrastructure investment would have real benefits for Alabama families, too. Specifically, the Altec/Styslinger Foundation focuses on contributions that enable education opportunities, workforce development and economic growth in the communities served by Altec. In 1973, during the energy crisis, Styslinger made the critical decision to have the company begin designing, manufacturing and selling its own products to electric and telecommunications utilities. Styslinger was born in Birmingham, Alabama, and attended St. Pauls Elementary and St. Bernard Preparatory School in Cullman, Alabama where he was in the seminary program. He is a proven leader that brought broad, deep experience to Altec, and has been instrumental in Altecs success, said Jon Styslinger. In 1983 Lee Styslinger, III joined Altec and was named Chief Executive Officer in 1997. When an investigator gets a $1 million grant, it is like a startup company, Vickers said. Styslinger savored spending time with family, friends and business associates. In 1990 Thomas Merrill joined Altec and was named President and Chief Executive Officer. Mike previously served as a director at Slack Technologies Inc. from December 2019 to July 2021, as a director at Delphi Automotive LLP from 2009 to 2013, as an advisory board member at Tsinghua University School of Economics and Management from 2006 to 2019, and as a board member at MEMC Electronic Materials from 2008 to 2012. https://www.altec.com/altec-announces-senior-leadership-succession-plan/. Phone (205) 991-7733 Lee Styslinger, III is the Co-Chairman of Altec Inc., the holding company for Altec Industries, Capital Services, National Equipment Company, Altec Worldwide, Global Rental, and Altec Ventures. Lee J. Styslinger III is the chairman and chief executive officer of Altec, Inc.[1] Altec designs, produces, and markets "for the electric and telecommunications industries" in around 100 countries. He was predeceased by his parents, Lee Styslinger, Sr. and Margaret as well as his brother Bill Styslinger. Lynne has served on the board of Boeing Company since January 2021. He is a Crown Fellow at the Aspen Institute. As we enter the Easter holiday season whatever your spiritual beliefs Altec encourages you to take time to reflect on the importance of the holiday, especially during these difficult and unprecedented times. All Rights Reserved. Mr. ", "Vulcan adds Altec CEO to board of directors", "Local execs stay on sidelines in presidential election so far", Here are the 24 CEOs who met with Trump to discuss American manufacturing on Thursday, Altec CEO helps bring professional soccer team to Alabama, "The Future U.S. A service will be held on Thursday, October 28th, 2021 at 4pm at St. Francis Xavier Church immediately followed by a celebration of his life at Mountain Brook Club. Need Help? Those are dozens of small companies that would never be in Alabama if it werent for UAB and its research engine, Vickers said. Christa brings to the board financial expertise and extensive experience in the software and technology industries. This lets them know that there is real community support and strength behind the project., Major gifts can also catalyze investment from other community members as well, Brannan notes. Altec is committed to your safety and believe that industry-leading equipment deserves industry-leading training.Learn more. Expand the Memories and Condolences form. Simply put, we all have a responsibility to end systemic discrimination and intolerance. Jerry also serves as a director of Alibaba Group Holding Ltd., a position he has held since 2014, and was previously a director from 2005 to 2012, and is a director and/or advisor of several other companies and foundations. In addition, Mike served as a director at Flextronics from 2005 to December 2018. [22] He is also on the Council on Foreign Relations,[23] where he is part of the independent task force behind a report on workforce changes,[24] and on the Advisory Committee for Trade and Negotiations of the Office of the United States Trade Representative. As a foundation, we wanted to be supportive of breakthroughs in genomic sciences, and of a facility that will have a tremendous impact not only on UAB but on the state of Alabama and beyond. Lee Styslinger III, Chairman and CEO of Altec, Inc. and a board member of the Altec / Styslinger Foundation. He began his career as a financial officer for both public and private companies. Adding highway lanes on Interstate 65 cut commute times, saving workers both headaches and time. George currently serves as the chair of the board of Stillwater Growth Corp., a position he has held since February 2021; as a member of the Board of Advisors of Tuck Schools Center of Private Equity and Venture Capital since 2011; and as a director of one private company. from Northwestern University in 1983 and his M.B.A. from Harvard University in 1988. Birmingham, AL, April 15, 2020 - The White House has announced that Altec's Chairman and CEO, Lee Styslinger III, has been named by President Trump to the "Great American Economic Revival" Advisory Council. We use cookies on our site to provide you with the best user experience. I agree that the family will have a celebration of life as you come together and remember Lee from the past and towards his new and eternal future. Learn How rich is He in this year and how He spends money? [3][4][5][6][7], Styslinger was born in Birmingham, Alabama. Previously, he served as president and chief operating officer at Rational Software until it was acquired by IBM, as well as CEO at Avatar Technologies and Pacific Data. After graduating from St. Bernards he enrolled in the engineering program at the University of Alabama where he was a member of Theta Tau Engineering Fraternity. But in addition to the governors foresight and dedication to this project, this transformational project would not have been possible without the support of our elected leaders and a generous gift from the Altec / Styslinger Foundation, St. John noted. LEE STYSLINGER OBITUARY Lee Styslinger, Jr., the visionary founder of Altec, Inc., who took his father's small truck equipment company and turned it into a global corporation, passed. Altec's new Supply Store is here! Altec was founded in 1929 and today is a global leader that designs and manufactures products and services for the electric utility, telecommunications and contractor markets in over 100 countries throughout the world. The benefits of federal infrastructure investment are clear. Ann-Marie brings to the board extensive operational experience, expertise in strategic planning, and keen insights in identifying and capturing new business opportunities. Please contact us at 1-877-GO ALTEC, option 1. Lynne received a bachelor of science degree in accounting from Virginia Tech University. Lee Styslinger, Jr., the visionary founder of Altec, Inc., who took his father's small truck equipment company and turned it into a global corporation, passed peacefully with his family by his side on October 24th, 2021. A transcript is below for reference. In 1997, Lee and Catherine Styslinger established the Altec/Styslinger Foundation with the vision and purpose of bettering the communities throughout the country in which Altec associates live and work. Disabling cookies may also prevent parts of website from working properly. He was 88 years old. Copyright 2023 Altec Industries. Lee Styslinger, Jr., the visionary founder of Altec, Inc., who took his fathers small truck equipment company and turned it into a global corporation, passed peacefully with his family by his side on October 24th, 2021. Lee Styslinger III, Chairman and CEO of Altec Inc. Management Team / Advisory Board Bios Lee Styslinger III, Chairman and CEO of Altec Inc Amount Raised : $0 Reveal the Score by Voting _ Not enough ratings to determine a viable CrowdScore for this deal. In addition to boating and fishing, he enjoyed playing golf with the Rollers and Marauders and eating out with his Friday lunch group, the Romeos. He is also chair of the companys board of directors. Every citizen has the inalienable right to live with respect, dignity and peace. Select one of the links below to begin your search. One of my favorite quotes is from Alabama native Helen Keller, who said, Life is an exciting business, especially when you are focused on serving others. I certainly agree.. Need Help? Lee Styslinger III is the Chairman and Chief Executive Officer of Altec Inc., the holding company for Altec Industries, Capital Services, National Equipment Company, Altec Worldwide, Global Rental, and Altec Ventures. This modern facility will stimulate major strides in science and medicine and will be integral to UABs larger economic development efforts, drawing millions of additional dollars annually in research funding and creating the high-tech jobs that will enable Birmingham and the entire state to thrive in the knowledge economy, said Christopher Brown, Ph.D., vice president for Research at UAB. From 1994 until his appointment as CEO, Mike held a variety of senior roles at Flextronics, including chief operating officer, president of Americas operations, and vice president of North American operations. Community Rules apply to all content you upload or otherwise submit to this site. UAB - The University of Alabama at Birmingham, 2023 The University of Alabama at Birmingham. He has broad and deep experience in manufacturing and distribution, financial services, and service technology organizations. These funding mechanisms protect American competitiveness at the global level and ensure that the positive impacts of infrastructure investment benefit workers by creating jobs and generating wage growth, without raising taxes on job creators. Mr. Styslinger is the Co-Chairman of Altec Inc., a holding company for businesses that design, manufacture, and market equipment for the electric and telecommunications industries globally. My Mom called to tell me the sad news. It had assets of $109,643,557. Lee Styslinger III expressed excitement regarding the company's outlook with Ritchie at the helm of company operations, saying that he has "never been more optimistic and excited about the future. He is co-chairman of Altec, Inc., and has served as its chairman, chief executive officer, and/or President since 1994. . Business Leader and Philanthropist UAB also encourages applications from individuals with disabilities and veterans. Mr. Ritchie joined Altec as its Senior Vice President and Chief Financial Officer in 2007. [1] Altec designs, produces, and markets "for the electric and telecommunications industries" in around 100 countries. In 2017, he served on the Presidents Manufacturing Council and currently serves on the Presidents Advisory Committee for Trade Policy. Specifically, the Altec/Styslinger Foundation focuses on contributions that enable education opportunities, workforce development and economic growth in the communities served by Altec. Lee Styslinger served on the President's Export Council advising the President on trade policy from 2006-2008. He never failed to smile, speak and pass a few words with everyone he encountered whenever he came into the office. Tom was also a partner at Greylock Partners, where he focused on enterprise software investments. Altec, Inc. is a global company, with its headquarters in Birmingham, that provides equipment and service for international markets that include electric utilities, telecommunications and contractors. He currently serves as a director of various privately held companies. Altec's new Supply Store is here! So sorry for your loss. Those formative years developed his deep faith and lifelong friendship with countless priests and monks. Altec was founded in 1929 by his grandfather and today is a global leader that designs . Giving to charity is a meaningful way to honor someone who has died. What kind of arrangement is appropriate, where should you send it, and when should you send an alternative? In 1997, Lee and Catherine Styslinger established the Altec/Styslinger Foundation with the vision and purpose of bettering the communities throughout the country in which Altec associates live and work. Like all Americans, we are feeling a sense of grief, anger and frustration. Promoting Responsible Shareholder Engagement, A Modern Approach to U.S. Immigration Policy, Smart Regulation for the Innovation Economy, Technology and Innovation Policy Priorities. Jon Styslinger joined Altec in 1985 and became President and Chief Operating Officer in 2010. We encourage you to continue to follow those guidelines., Mark Styslinger: [1] Altec designs, produces, and markets "for the electric and telecommunications industries" in around 100 countries. An investment would add $8.2 trillion to the U.S. GDP. In the late 1950s, the company narrowed that focus and began using distributors to sell equipment solely to utility customers. Rehabilitating the Lake Purdy dam has been a longtime priority for Birmingham. Mark Styslinger joined Altec in 1987 and was named Senior Vice President Sales in 1998. ;Mark Hawkins;Mike McNamara; Lee J. Styslinger III; and Jerry Yang. But despite the need to distance yourself from family and friends, we also want to encourage you to stay socially connected and remember to reach out to those in need of your support. For many decades, Lee and Catherine Styslinger have been recognized for their philanthropic efforts and commitment to a number of charities in Central Alabama, as well as throughout the communities that Altec serves. For example, every $1 invested in infrastructure returns $3.82 over 20 years. View Lee Styslinger's business profile as Director at Altec Industries. We are so blessed to have called Lee a friend. Business Leader and Philanthropist Lee Styslinger, Jr., the visionary founder of Altec, Inc., who took his father's small truck equipment company and turned it into a global corporation, passed peacefully with his family by his side on October 24th, 2021. The council includes executives, economists, scholars and industry leaders. Tom joined Workday in 2018 through the acquisition of Adaptive Insights, where he served as chief executive officer (CEO). Wayne A. I. Frederick, M.D., has served as a Director since 2022. For many decades, Lee and Catherine Styslinger have been recognized for their philanthropic efforts and commitment to a number of charities in Central Alabama, as well as throughout the communities that Altec serves. Christa holds a Bachelor of Engineering degree in mechanical engineering from the University of Queensland, Australia, and an MBA from Harvard Business School. Lee earned his B.S. I am so very sorry for you loss. They're not a map to follow, but simply a description of what people commonly feel. Faith and worship are all about community, and we can stay engaged with each other by using the tools of todays technology. He will be missed by many but his legacy will continue through the lives he has touched. In addition, he served on the Board of Governors and Executive Board of both the United States and Birmingham Area Chamber of Commerce as well as the National Alliance of Businessmen, the Equipment Manufacturers Institute and the National Association of Manufacturers. This facility will accelerate advancements in precision medicine, informatics and data sciences as we gain greater understanding of the roles our genes and the environment play in major human diseases., UAB is poised to be the leader in this field in the country and the world, added University of Alabama System Chancellor Finis St. John. The Altec / Styslinger Foundation is a collective family effort, noted Lee Styslinger III, Chairman and CEO of Altec, Inc. and a board member of the Altec / Styslinger Foundation. Aneel previously served on the board of directors of several other companies, including Intel, Pure Storage, and Okta. Of this total $100,000 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was . Carl Eschenbach is co-CEO at Workday, and has been a member of the companys board of directors since 2018. Note, share a story or upload a photo highway lanes on Interstate 65 commute... Sad news Export Council advising the President and CEO since 1994 and now serves as a director since 2022 19. Real benefits for Alabama families, too Foundation focuses on contributions that education. 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