News Summary
The Alabama Business Hall of Fame will be inducting six distinguished business leaders, recognizing their significant contributions to the state’s business landscape. The ceremony is scheduled to take place in Birmingham. The inductees represent a variety of industries, showcasing the diverse leadership within Alabama. This occasion highlights the ongoing commitment to honoring those who have made impactful business achievements and inspires future generations of leaders.
Alabama has announced the induction of six distinguished business leaders into the Alabama Business Hall of Fame for the Class of 2025. This prestigious honor recognizes individuals whose contributions have significantly elevated the business landscape in the state. The induction ceremony is set to take place on November 13 at Haven in downtown Birmingham.
The Alabama Business Hall of Fame was created in 1973 to celebrate and honor those who bring lasting fame to Alabama through their business achievements. The six new inductees showcase a diverse range of industries, highlighting the rich tapestry of business leadership within the state.
2025 Inductees
- Clyde W. Anderson (Florence, Alabama): Anderson serves as the chairman and CEO of American Promotional Events, Inc., commonly known as TNT Fireworks. Founded in 1920, TNT Fireworks has grown to become the largest distributor of consumer fireworks in the world. In addition to his role at TNT, Anderson is involved in numerous boards, including Anderson Media Corporation and Books-A-Million.
- Thomas Gale (Birmingham, Alabama): Currently Of Counsel at Maynard Nexsen PC, a prominent law firm in Alabama, Gale played a pivotal role in the establishment of Maynard Nexsen and served as its managing shareholder and chairman. From 2011 to 2020, he acted as general counsel for Regions Financial Corporation and has been a long-standing board member of the Business Council of Alabama.
- Robert LaRussa (Birmingham, Alabama): LaRussa is the founder and CEO of Sterling Capital Management, a holding company that manages a variety of enterprises across multiple sectors, including consumer-packaged goods and wholesale distribution. He also co-founded Canterbury Trust Company, which was later acquired by Synovus Financial Corporation.
- Stephen Parker (Tuscaloosa, Alabama): Parker serves as chairman of Parker Towing Company, specializing in the transportation of bulk commodities in the southeastern United States and the Gulf Coast. His extensive background includes sitting on the advisory board of directors for Mercedes-Benz U.S. International, Inc.
- Carl Stevens (Vestavia Hills, Alabama): A retired CEO of Motion Industries, Stevens oversaw substantial growth in the company, with sales rising from $1.85 billion in 1997 to $4.8 billion in 2014. He has received notable accolades, including the Genuine Parts Company Manager of the Year awards in 1997 and 2006, along with the 2014 Bearing Specialists Association Lifetime Achievement Award.
- Susan Story (Gulf Breeze, Florida): Story is the retired president and CEO of American Water Works, the largest publicly traded water and wastewater utility in the United States. Under her leadership from 2014 to 2020, the company tripled its stock price. She has also held positions on various corporate boards, including Dominion Energy, Inc., and Raymond James Financial.
Selection Process
The inductees are chosen by the Alabama Business Hall of Fame’s board of directors, which comprises Hall of Fame members alongside representatives from the state’s higher education institutions. This selection process underscores the Hall of Fame’s commitment to recognizing excellence and leadership among industry leaders across Alabama.
Conclusion
As Alabama continues to thrive economically, the recognition provided by the Business Hall of Fame serves to inspire future generations of leaders. The induction of the Class of 2025 marks another chapter in the Hall’s mission to honor those whose business acumen and commitment to the state has left a lasting impact.
Deeper Dive: News & Info About This Topic
- Business Alabama
- Yellowhammer News
- Patch.com
- Village Living
- CBS 42
- Wikipedia: Alabama Business Hall of Fame
- Google Search: Alabama Business Hall of Fame
- Google Scholar: Alabama Business Hall of Fame
- Encyclopedia Britannica: Business Hall of Fame
- Google News: Alabama Business Hall of Fame
Author: STAFF HERE BIRMINGHAM WRITER
The BIRMINGHAM STAFF WRITER represents the experienced team at HEREBirmingham.com, your go-to source for actionable local news and information in Birmingham, Jefferson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Sidewalk Film Festival, Sloss Music & Arts Festival, Magic City Classic, and civil rights commemorations. Our coverage extends to key organizations like the Birmingham Business Alliance and the Birmingham Civil Rights Institute, plus leading businesses in healthcare, finance, and manufacturing that power the local economy such as UAB Medicine, Regions Bank, and Encompass Health. As part of the broader HERE network, including HEREHuntsville.com, we provide comprehensive, credible insights into Alabama's dynamic landscape.
