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McCombs Hall of Fame Inducts Four Prominent Leaders

The McCombs School of Business Hall of Fame inducted four prominent business leaders Oct. 26 at a ceremony at the Driskill Hotel in Austin.

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AUSTIN, TexasThe McCombs School of Business Hall of Fame inducted four prominent business leaders Oct. 26 at a ceremony at the Driskill Hotel in Austin.

The 2007 honorees are:

Frederick B. Hegi Jr., founding partner of Wingate Partners, a Dallas-based private equity investment firm. For the past 12 years he has been chairman of the board of United Stationers, Inc., a company he helped build into the world’s largest wholesale distributor of office products. Hegi’s involvement with The University of Texas at Austin includes service on the Executive Committee of the Chancellor’s Council, and as a member of the Littlefield Society and the Commission of 125. He is also a member of the university’s Development Board and of the President’s Associates, a life member and past chair of the McCombs School Advisory Council, a former chair of the McCombs Business School Foundation and a life member of Texas Exes. Hegi earned a Ph.D. in business administration from The University of Texas at Austin in 1970;

William R. Johnson, chairman, president and CEO of H.J. Heinz Company, one of the world’s largest food producers. Johnson was with the company for more than 25 years before being named the fifth chairman in Heinz’s 138-year history. Johnson is active on The University of Texas at Austin campus as a member of the Chancellor’s Council, the Littlefield Society and the McCombs School Advisory Council. He received a Master of Business Administration degree from The University of Texas at Austin in 1974;

Red McCombs, chairman and founder of Red McCombs Automotive Group and co-founder of Clear Channel Communications and McCombs Energy Corporation. McCombs has served in leadership roles for many civic organizations and has chaired numerous fund drives for community service organizations.

On The University of Texas at Austin campus, McCombs is a member of the Chancellor’s Council, the Littlefield Society and the President’s Associates. McCombs is also a life member of the Longhorn Foundation Advisory Council, an honorary life chair of the McCombs School Advisory Council and a life member of the Texas Exes. In 2004, he was honored with the university’s Presidential Citation;

and W.A. “Tex” Moncrief Jr., an independent oil and gas producer involved in exploration, development and production with multiple interests in, among other states, Texas and Wyoming. He is a 1936 graduate of Culver Military Academy and a 1942 graduate of The University of Texas at Austin, with a petroleum engineering degree. Moncrief is president of the Wm. A. and Elizabeth B. Moncrief Foundation, which contributes to many educational, health, civic and cultural organizations. Moncrief served on The University of Texas Board of Regents from 1987 to 1993. He is a member of the Chancellor’s Council, the Littlefield Society, the Commission of 125 and the President’s Associates. He is a life member of the Texas Exes.

More information on the McCombs Hall of Fame and a list of the past inductees is available at the Hall of Fame Web site.

For more information contact: Rob Meyer, McCombs School of Business, 512-471-6746.