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| education =
| alma_mater = [[University of North Carolina]]<br> [[Harvard University]]
| alma_mater = [[University of North Carolina]]<br> [[Harvard University]]
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| occupation = Businessman
| known for = Owner, [[National Gypsum]]
| known for = Owner, [[National Gypsum]]
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| networth = US$4.2 billion<ref name="Forbes profile">{{cite web |title=Forbes profile: Clemmie Spangler, Jr. |url=https://www.forbes.com/profile/clemmie-spangler-jr/ |website=Forbes |accessdate=24 July 2018}}</ref>
| networth = US$4.2 billion (July 2018)<ref name="Forbes profile">{{cite web |title=Forbes profile: Clemmie Spangler, Jr. |url=https://www.forbes.com/profile/clemmie-spangler-jr/ |website=Forbes |accessdate=24 July 2018}}</ref>
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Revision as of 20:23, 27 July 2018

Clemmie Spangler
Born
Clemmie Dixon Spangler Jr.

(1932-04-05)April 5, 1932
DiedJuly 22, 2018(2018-07-22) (aged 86)
NationalityAmerican
Other namesC. D. Spangler
Dick Spangler
Alma materUniversity of North Carolina
Harvard University
OccupationBusinessman
Known forOwner, National Gypsum
SpouseMeredith Riggs Spangler
Children2
ParentClemmie Dixon Spangler Sr.

Clemmie Dixon Spangler Jr. (April 5, 1932 – July 22, 2018), was an American billionaire businessman, and the owner of National Gypsum.[2] On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.[2] He was president of the University of North Carolina from 1986 to 1997.

Early life

Clemmie Spangler was born in Charlotte, North Carolina, in 1932.[2][3] He graduated from the University of North Carolina at Chapel Hill, where he was a member of Sigma Alpha Epsilon fraternity, and received an MBA from Harvard University.[2]

His father, Clemmie Dixon Spangler Sr., founded C. D. Spangler Construction Company in 1947.[4]

Career

In 1958, Spangler joined his father's company, C.D. Spangler Construction, and became president, post he held for 28 years.[5]

Spangler went on to head his father's bank, the Bank of North Carolina, merging it with NCNB in 1982. NCNB is now part of Bank of America.[2]

He entered public service as a member of the Charlotte-Mecklenburg Board of Education in the 1970s. From 1982 to 1986 he served as chair of North Carolina's Board of Education.[2] He then served as President of the University of North Carolina system, from 1986 to 1997.[2] As president, he was a staunch advocate for keeping tuition costs low, and he donated his salary to individual campuses in the UNC system.[5]

Philanthropy

Spangler served as President of Harvard University's Board of Overseers from 2003 to 2004.[2] The Spangler Center at Harvard Business School is named for him.[2] Through his C.D. Spangler Foundation, he donated to the University of North Carolina, Harvard University, and to Charlotte's Teach for America.[2] As a hobby, he liked to fix old clocks.[2][6]

Personal life

Spangler was married to Meredith Riggs Spangler, and they had two children.[2][7]

References

  1. ^ "Forbes profile: Clemmie Spangler, Jr". Forbes. Retrieved 24 July 2018.
  2. ^ a b c d e f g h i j k l "The World's Billionaires (2016 ranking): #722 Clemmie Spangler Jr". Forbes. March 1, 2016. Retrieved 2017-01-02.
  3. ^ Supplement to Who's who in America. Vol. 44. Marquis Who's Who. 1987. Retrieved 2015-05-15.
  4. ^ "CD Spangler Construction Co: Company Profile - Bloomberg". Bloomberg. Retrieved 24 July 2018.
  5. ^ a b "C.D. Spangler Jr., former UNC president and Charlotte businessman, dies". newsobserver.com. Retrieved 24 July 2018.
  6. ^ 'Clemmie Dixon Spangler Jr. On Grandfather Clocks', in Forbes magazine, 09.25.10 [1]
  7. ^ http://www.historync.org/laureate%20-%20CD%20Spangler%20Jr.htm