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J. B. Fuqua. John Brooks Fuqua (pronounced / ˈfjuːkwə /) (June 26, 1918 – April 5, 2006) was a businessman, philanthropist, airport creator and chairman of The Fuqua Companies and Fuqua Enterprises. The Fuqua School of Business at Duke University is named after him, as is the Fuqua School in Farmville, Virginia .
Fuqua Industries was founded at this time with the purchase of Natco Corporation for $3 million. Natco, a brick and tile manufacturer, was the smallest company on the New York Stock Exchange. Despite a downward trend in profits, Natco had a 75 year legacy with solid assets, no debts and a book value double the market value.
As chief executive officer (CEO) of Atlanta-based Fuqua Industries, Inc., J.B. Fuqua transformed the small brick manufacturer in 1965 into a $2 billion conglomerate in the 1980s that sold lawn mowers, sporting goods, and photo finishing. In 1989 he sold his seven percent stake in Fuqua Industries to Intermark and retired as CEO.
Apr 9, 2006 · In 1988, Mr. Fuqua sold his majority interest in Fuqua Industries. He resigned from the company's board in 1991. The company was later renamed the Actava Group and it was sold a few years later.
After going public with his illness, he created and gave multiple gifts to the Fuqua Center for Late-Life Depression at Emory University to help reduce the stigma of mental illness and provide clinical services to the low-income elderly. Mr. Fuqua passed away at age 87 in April, 2006. His wife, Dottie, passed away at age 93 in January, 2015.
Apr 5, 2006 · April 5, 2006. DURHAM, N.C. –- J.B. Fuqua, the retired entrepreneur for whom Duke University’s Fuqua School of Business is named, died at an Atlanta hospital on Wednesday, April 5. He was 87. “J.B. Fuqua was a wonderful person, extraordinarily gracious, generous, and humble.” said Fuqua School of Business Dean Doug Breeden.
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Mar 31, 2002 · J B Fuqua talks about his 50-year battle with depression, which did not prevent him from turning Fuqua Industries into $2 billion conglomerate; only his wife and closest friends knew about his ...
