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1979 Horatio Alger Award Winner

Karl D. Bays*

Chairman and CEO
Whitman Corporation

"The concepts of growth through service, effectively managing ideas, human resource, and making plans happen are the basic principles of my business philosophy."

Karl D. Bays grew up in eastern Kentucky. He held various jobs, including mowing lawns and working as a lifeguard, grocery clerk, and construction worker. Bay's father, who completed only six years of school, worked for the Louisville & Nashville Railroad for 50 years. Despite being involved in a serious car accident, Bays graduated from Eastern Kentucky University with straight As. He was president of the Christian Men's Fellowship and a member of the Lettermen Club for football. After graduation, he declined an offer from the Chicago Cardinals to play football. Instead, he joined the Marine Corps for two years and then earned a master's degree in business from Indiana University.

In 1958, Bays and his wife moved to Louisville, where he began his career with American Hospital Supply Corporation (AHSC) and, at age 40, he was named chairman of the board. Under his leadership, the company grew fivefold.

In the civic arena, Bays was active in church activities and the Boy Scouts. He served on the board of trustees of Duke University and Northwestern University. Both Presidents Nixon and Ford appointed Bays to advisory councils.

* Deceased