Clemmie Spangler
Clemmie Spangler | |
|---|---|
| Born | Clemmie Dixon Spangler Jr. April 5, 1932 |
| Died | July 22, 2018 (aged 86) |
| Nationality | American |
| Alma mater | University of North Carolina Harvard University |
| Known for | Owner, National Gypsum |
| Spouse | Married |
| Children | 2 |
Clemmie Dixon Spangler Jr. (April 5, 1932 – July 22, 2018), usually known as C. D. Spangler or Dick Spangler, was an American billionaire who served as the President of the University of North Carolina from 1986 to 1997. He headed 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]
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 M.B.A. from Harvard University.[2]
Career
Spangler started his career by heading 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.[4]
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][5]
Personal life
Spangler was married and had two children.[2]
References
- ^ "Forbes profile: Clemmie Spangler, Jr". Forbes. Retrieved 24 July 2018.
- ^ 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.
- ^ Supplement to Who's who in America. Vol. 44. Marquis Who's Who. 1987. Retrieved 2015-05-15.
- ^ News & Observer: C.D. Spangler Jr., former UNC president and Charlotte businessman, dies
- ^ 'Clemmie Dixon Spangler Jr. On Grandfather Clocks', in Forbes magazine, 09.25.10 [1]