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Carol Martin "Bill" Gatton ’54 is the owner of nine automobile dealerships in Tennessee, Alabama, and Texas and is engaged in various real estate projects in Kentucky, Tennessee, and Texas. He holds a bachelor's degree in business from the University of Kentucky and a master's degree from the University of Pennsylvania. He is the former Chairman of the Board of Directors of Area Bancshares. During his tenure, it was the largest bank holding company headquartered in Kentucky. He is a former director on the boards of all seventeen subsidiary banks located throughout the Commonwealth.

Mr. Gatton is the recipient of numerous awards and is a member of the Gatton College Alumni Hall of Fame and the University of Kentucky Hall of Distinguished Alumni. He has been associated with numerous boards and organizations, including the Bristol Chamber of Commerce, the Board of Directors of the Bristol Tennessee Industrial Development Board, the Board of Directors of the Bristol Regional Medical Center, the National Automobile Dealers Association, and the Tennessee Automobile Association. He is

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1925

The College of Commerce was created from the Department of Economics. Initially, the college occupied a single room in White Hall. The college's first dean was Professor Edward Wiest, a professor in what was the Department of Economics.

1926

The college receives full accreditation by the AACSB International (The Association to Advance Collegiate Schools of Business).

1948

Professor Cecil C. Carpenter named dean. Enrollment tops at 1,000 students. Publication of the Commerce Employment Association's "Bargains in Brains" to aid student placement begins.

1952

The MBA degree offered as veterans returned to attend college on the GI bill. Enrollment peaks 200 graduating per year.

1964

The college's new building is completed. The college consists of two academic departments: the Department of Economics and the Department of Business Administration. (The Department of Accounting was created in 1967.)

1965

Professor Charles F. Haywood named dean. During Dean Haywood's term, the number of students graduating doubled; the entire undergraduate curric

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Hall of Distinguished Alumni

Carol Martin Gatton

Born near Bremen, Kentucky, on May 25, 1932. Banking and Automobile Dealership Entrepreneur. University of Kentucky, B.S., 1954.

C. M. "Bill" Gatton's start as an entrepreneur began as president and general manager of Bill Gatton Motors in Owensboro, Ky., in 1959, just a half-decade after his graduation from college. That lone dealership has since mushroomed to Bill Gatton Chevy - Cadillac, which now incorporates eight additional auto dealerships in Alabama, Texas and Tennessee. He also opened a Honda dealership in Bristol, Tenn., where he remains owner and general manager.

His entry into banking began as a director of Central Bank & Trust Company in Owensboro, where he would later be named chairman of the executive committee. He would later chair Area Bancshares Inc., an Owensboro holding company that owns four banks.

Other banking interests include the Bank of Bloomington, Ind.; Crestwood Banking Co. of Crestwood, Ky.; First City Bank & Trust Co.; Farmers National Bank of Glasgow, Ky. and the Bowling Green Ban