He is also a member of the Business Roundtable, the Business Council, and the Council on Foreign Relations, and was appointed by President George W. Bush to the Presidents Export Council from 2006 to 2009, advising the president on trade policy. [1][8][18][19][20] He became a member of President Donald Trumps Manufacturing Council in February 2017,[21] focused on Workforce Policy, Deregulation, and Infrastructure. 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. We use cookies on our site to provide you with the best user experience. Lee Styslinger III net worth 465 Thousand Millions of dollars 75% Net worth score Disclamer: Lee Styslinger III net worth displayed here are calculated based on a combination social factors. He earned his B.A. "Altec" is a registered trademark of Altec Industries, Inc. 210 Inverness Center Drive A true leader and most generous, gracious and kind person who Quietly glorified God in his success in all the ways of a life well -lived. 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. All rights reserved (About Us). 2023 Advance Local Media LLC. Weve seen how investing in infrastructure can improve Birmingham residents lives firsthand. Birmingham, Alabama, and the country at -large need an infrastructure bill, but they also need their leaders to set an example. Infrastructure investment has helped America bounce back after tough times, by creating good jobs, facilitating business, and making our roads, bridges, and even our water sources safer. Styslinger was born in Birmingham, Alabama, and attended St. Paul's Elementary and St. Bernard Preparatory School in Cullman, Alabama where he was in the seminary program. Previously, he held several executive management positions including Chief Financial Officer and President of AGCO Corporation, a publicly traded global manufacturer and distributor of agricultural equipment headquartered in Atlanta, Georgia; and was President and Chief Executive Officer of Per-Se Technologies, a publicly traded healthcare services and technology company headquartered in Atlanta. 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. Lee J. Styslinger III joined Workday's board of directors in August 2016. Lee J. Styslinger III. We are so blessed to have called Lee a friend. YouTubes privacy policy is available here and YouTubes terms of service is available here. [12], He is on the board of directors of Workday,[13] Regions Financial Corporation (RF), and Vulcan Materials Company (VM). Lee J. Styslinger, III. Mr. Hawkins has served as a director of SecureWorks Inc. since April 2016; Toast, Inc. since April 2020; and Cloudflare, Inc. since June 2022. They're not a map to follow, but simply a description of what people commonly feel. George led the sole venture investment in PeopleSoft, where he served on the board of directors from 1991 to 2001. He is survived by his wife, Catherine Styslinger and his sister Margaret Yount; by his children, Lee Styslinger, III (Kelly), Jon Styslinger (Babbie), and Mark Styslinger (Jennifer); by his grandchildren, Paul, Scott, Leo, Temple, Sarah, Jon, Jr., Matthew, Mac, Claudia, Stella and Lydia. This data may be used for personalization, analytics, and ads. He currently serves as a director of various privately held companies. Co-Chairman. Lynne brings to the board extensive experience in risk management and information security given her work in effectively advising organizations on complex global business matters and strategies across industries. Lee J. Styslinger, III is chairman and chief executive officer of Altec, Inc., and is married to Kelly Scott Styslinger. His vision for Altec has provided a wonderful career for my father, husband & daughter. Lynne served as KPMGs U.S. chairman and CEO from July 2015 to June 2020. He was 88 years old. All Rights Reserved. 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 council includes executives, economists, scholars and industry leaders. 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. Lee J. Styslinger III joined Workday's board of directors in August 2016. Tom graduated with a bachelors degree in accounting from Stonehill College in Easton, Massachusetts. 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. Lee Styslinger III (Lee Joseph Styslinger III) was born on 1961 in Birmingham, Alabama, U.S., is a Chairman and CEO of Altec. Altec is a leading equipment and service provider for the electric utility, telecommunications, contractor, lights and signs, and tree care markets. 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. Before co-founding Workday in 2005, Aneel held a number of leadership positions at PeopleSoft, including vice chair of the board and senior vice president responsible for product strategy, business development, and marketing. Lynne Doughtie joined the Workday board of directors in February 2021. This facility will increase our competitive advantage in supporting researchers who will bolster our local economy., The projected total economic impact of the new facility, potentially exceeding $100 million, was another reason the Altec / Styslinger Foundation chose to invest in the project, Styslinger said. Published by The Birmingham News from Oct. 26 to Oct. 31, 2021. In 1983 Lee Styslinger, III joined Altec and was named Chief Executive Officer in 1997. Advanced. He played a key role in establishing the Birmingham Promise and other citywide initiatives. The visionary founder of Altec, Inc., who took his father's small truck equipment company and turned it into a global corporation, passed. Alabama businesses would benefitin particular, industries like manufacturing, real estate, and insurance would see economic input increase by billions of dollars. Gift from the Altec / Styslinger Foundation acted as catalyst for the Altec / Styslinger Genomic Medicine and Data Sciences Building, which is set to have worldwide impact. https://www.altec.com/easter-a-message-from-the-styslingers/. Mike brings to the board extensive leadership and experience managing international operations. Japan and Alibaba Group. This data may be used for personalization, analytics, and ads. 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. Styslinger also served on the Board of Directors of such organizations as the American Red Cross, Children's Harbor, Junior Achievement of Greater Birmingham, St. Vincent's hospital, Birmingham Council of Boy Scouts of America and the Metropolitan Development Board. Mr. Hawkins received a bachelors degree from Michigan State University and a masters degree in business administration from the University of Colorado. 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. 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. Lee Styslinger: "Here at Altec, Spiritual Development remains one of our core values and guiding principles. Altec was founded in 1929 by his grandfather and today is a global leader that designs . It often is the catalyst to help the university launch a priority initiative that can then be leveraged to secure additional support., Giving like the Styslingerss inspires others to give, Watts said. He is survived by his wife, Catherine Styslinger and his sister Margaret Yount; by his children, Lee Styslinger, III (Kelly), Jon Styslinger (Babbie), and Mark Styslinger (Jennifer); by his grandchildren, Paul, Scott, Leo, Temple, Sarah, Jon, Jr., Matthew, Mac, Claudia, Stella and Lydia. It will boost growth, improve productivity, and encourage private investment. Catherine,Lee,Jon,Mark and family. 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. [22][32][33], Styslinger serves on the board for the Altec/Styslinger Foundation. According to Business Roundtable, he serves on several boards of Birmingham giants such as Vulcan Materials Company, Regions Financial Corporation and Children's Hospital. Every citizen has the inalienable right to live with respect, dignity and peace. [37] In 2021, Styslinger was named the recipient of the Outstanding Philanthropist Award by the Alabama Chapter of the Association of Fundraising Professionals. Altec is a leading equipment and service provider for the electric utility, telecommunications, contractor, lights and signs, and tree care markets. Advisory business from October 2011 to June 2015. He serves on various boards and committees. He is a Crown Fellow at the Aspen Institute. He was 88 years old. Mark J. Hawkins has served as a director since 2023. Leave a memory or share a photo or video below to show your support. Information and advice to help you cope with the death of someone important to you. Mike served as a venture partner at Eclipse Ventures, a Silicon Valley venture capital firm, from January 2019 to March 2022, and as CEO of Flextronics from 2006 until 2018. 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. Specifically, the Altec/Styslinger Foundation focuses on contributions that enable education opportunities, workforce development and economic growth in the communities served by Altec. 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. Other board members include Tom Bogan; Ann-Marie Campbell; Christa Davies; Lynne Doughtie; Carl M. Eschenbach (who is also our co-CEO); Wayne A.I. baha the information company. Inc. in 1995, and served on its board of directors and as a key member of the executive management team until January 2012. Select one of the links below to begin your shopping experience: 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. He became President of Altec in 1994 and was named CEO in 1997. God bless each of you, your families and God bless America!. 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. In 1952, following his fathers untimely death, Styslinger assumed control of Alabama Truck Equipment Co., at the age of 19. Altec was founded in 1929 by Mr. Styslinger's 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. ;Mark Hawkins;Mike McNamara; Lee J. Styslinger III; and Jerry Yang. In lieu of flowers, please consider a gift to Catholic Charities or United Way of Central Alabama. As a long time ALTEC employee, I can not convey the sorrow I feel for all of Lee's family. Faith and worship are all about community, and we can stay engaged with each other by using the tools of todays technology. The estimated Net Worth of Lee J Iii Styslinger is at least $2.2 Million dollars as of 5 December 2019. 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. So sorry for your loss. If youve followed the news lately, youve likely heard a lot of talk about infrastructure. [2] He serves on various boards and committees. Infrastructure investment has been at the forefront of political campaign promises for years and has received much attention in Congress in recent months. That has always focused us on our core values, not only for the family but for Altec as a company, which is helping and supporting the communities where we operate. Styslinger was named to the Alabama Academy of Honor, was inducted into the Alabama Business Hall of Fame and was also named to the Birmingham Business Hall of Fame. He is also chair of the companys board of directors. I have fond memories as a young child of Mr. Styslinger joining our family for dinner at our home when he would visit Altec Midwest in St. Joseph. 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. The Altec / Styslinger Genomic Medicine and Data Sciences Building is a great example. From 1994 to December 2012, he served as NVPs Managing Partner. Responsibly paying for infrastructure investment and expanding the resulting economic perks to everyday, hardworking Americans upholds Altecs core value: People are Our Greatest Strength, and they should be recognized and rewarded as such. In 2017 he served on the President's Manufacturing Council and currently serves on the President's Trade Council. The "CrowdScore" for this deal is determined by user ratings and other factors using our . Altec is a leading equipment and service provider for the electric utility, telecommunications, contractor, lights and signs and tree care markets. Grief researchers say holding that missing funeral service, even a year or more later, can still help us heal. Mr. Merrill remained with Altec from 1990 to 2001 and helped facilitate the transition of company leadership to Lee Styslinger, Jr.s three sons. Since the time your house was my home away from home you guys have never been very far from my thoughts. Report incorrect company information. Jerry currently works with and invests in technology entrepreneurs through AME Cloud Ventures. Gift from the Altec / Styslinger Foundation acted as catalyst for the Altec / Styslinger Genomic Medicine and Data Sciences Building, which is set to have worldwide impact. The Altec / Styslinger Genomic Medicine and Data Sciences Building represents the future of modern health care, said UAB President Ray Watts, M.D. Prior to joining Altec, Mr. Ritchie served as the Chief Financial Officer of Protective Life Corporation, a financial services company headquartered in Birmingham, Alabama. Aneel Bhusri is co-founder and co-CEO at Workday. Historically, the government has backed infrastructure projects when the country needed it most. Lee earned his B.S. We can all stand in faith until this pandemic is over., Jon Styslinger: 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. 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. In addition, he makes $349,287 as Independent Director at Workday Inc. In addition, Christa currently serves as a director of one private company. 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. The Chief was a man of faith and I n tegrity who we cod trust implicitly. The team became active in 2019. He became President of Altec in 1994 and was named CEO in 1997. Amen. [2] He serves on various boards and committees. Read More Jerry Yang Independent Director Lee J. Styslinger III is now president and CEO of Altec, and Jon and Mark are both senior vice presidents. Fax (205) 408-8601. Tom was also a partner at Greylock Partners, where he focused on enterprise software investments. 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.. 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