The first five inductees into the new Wyoming Business Hall of Fame will be recognized at a dinner event in Cheyenne next month. The announcement comes from the University of Wyoming.
The inductees include JC Penney retail chain founder James Cash Penney, international business consultant W. Edwards Deming, oil entrepreneur H.A. "Dave" True, Jackson hotel entrepreneur Clarene Law, and rancher and banker Homer Scott Sr. of the Sheridan.
Scott, who was raised in poverty in Nebraska, began working for Peter Kiewit and Sons Construction Co. in 1931 and moved to Sheridan in 1937. Her in Sheridan is where he expanded the construction business across the region and the country while branching into ranching and banking. He bought the Padlock Ranch near Dayton in 1943 and built the place into a major cow-calf operation, and established First Interstate Bank in 1968.
The induction dinner is scheduled for Nov. 19 at Little America Hotel and Resort in Cheyenne.
The Business Hall of Fame is a cooperative project of the University's College of Business, the Wyoming Business Alliance/Wyoming Heritage Foundation, and the Wyoming Business Council.