Garry N. Drummond | |
|---|---|
| Born | Garry Neil Drummond June 8, 1938 |
| Died | July 13, 2016 (aged 78) |
| Resting place | Sipsey, Alabama |
| Alma mater | University of Alabama |
| Occupations |
|
| Known for | The Drummond Company |
| Children | 5 |
| Parent(s) | Heman Edward Drummond Elza Eliza Stewart |
| Relatives | Elbert Allen Drummond (brother) |
Garry Neil Drummond Sr. (June 8, 1938 – July 13, 2016) was an American heir, business executive, and philanthropist from Alabama. He served as the chairman and chief executive officer of the Drummond Company, a private coal company active in Alabama and Colombia.
Early life
Garry Neil Drummond Sr. was born in 1938 at Sipsey, Alabama.[1][2] His father, Heman Edward Drummond, was the founder of the Drummond Company, a coal company, in 1935.[3][4] Drummond started working in his father's coal mines at the age of fifteen.[3]
He graduated from the University of Alabama in Tuscaloosa, Alabama, with a Bachelor of Science in Civil Engineering.[5][2]
Business career
Drummond Company
In 1961, Drummond joined the family business, the Drummond Company, a coal company active in Alabama.[2][6] He later served as its chief operating officer.[2] He has served as its chairman and chief executive officer since 1973.[5][2][3] The company is active in coal-mining in Alabama and Colombia.[3]
In 1979-1980, with his brother, Elbert Allen "Larry" Drummond, and another executive, Clyde Black; he was indicted for bribing three Alabama legislators by supplying them with prostitutes.[3][7][8][9] The three-month trial was dismissed by Judge Frank McFadden, and the record was sealed.[3][7]
In the 1980s, Drummond began looking for coal in Colombia, even though the country was at war.[3] He established their first coal mine in 1995.[3] Shortly after, the FARC bombed the railway track which carried coal from the Drummond mine to their port off the Caribbean Sea.[3]
In 2013, Drummond planned to establish a new coal mine off the bank of the Black Warrior River near Birmingham.[3]
Corporate directorships
Drummond served on the board of directors of SouthTrust from 2001 to its merger with Wachovia in 2004.[2] He also served as the Director of the Alabama Coal Association.[2] Additionally, he was appointed to the National Coal Council by United States Secretary of Energy Donald P. Hodel in 1984, under the presidency of Ronald Reagan.[10] Later, he served as the Chairman of the Governor's Commission on Affordable Health Care.[2]
Drummond served on the Boards of Directors of the National Mining Association as well as the Economic Development Partnership for Alabama.[6] He has been a member of the Alabama Academy of Honor since 1989, the Alabama Engineering Hall of Fame since 1997, and the Alabama Business Hall of Fame since 2003.[6]
Drummond taught Engineering part-time at Walker College.[11]
Invention
Alongside Eugene Honeycutt and Harold Gene Anderson, Drummond invented a specific method for "open pit bench mining", which has been patented since February 5, 2013.[12]
Philanthropy and political activity
Drummond served on the Executive Board of Directors of the Boy Scouts of America.[2] He also served on the Board of Trustees of his alma mater, the University of Alabama.[3]
Drummond made donations to Republican politicians such as Richard Shelby, Terry Everett, Robert Aderholt, Butch Otter, Mike Rogers, Jo Bonner, as well as to the 2004 re-election of President George W. Bush.[13] He also donated to Coalpac, a political action committee for the National Mining Association.[13] He also donated US$50,000 to Bob Riley's 2002 gubernatorial campaign.[14]
Personal life and death
Drummond was married and had five children.[5] As of 2015, Forbes listed Drummond as the wealthiest individual in Alabama, with an estimated wealth of US$980 million.[5] He died in Birmingham on July 13, 2016, at the age of 78 due to complications from cancer.[15]
References
- ↑ "Congressional Record, Volume 149 Issue 154 (Wednesday, October 29, 2003)".
- 1 2 3 4 5 6 7 8 9 Garry N. Drummond Sr., Bloomberg Business
- 1 2 3 4 5 6 7 8 9 10 11 Anthony Effinger, Matthew Bristow, Alabama Billionaire Battles Murder Suits as Prices Ebb, Bloomberg Business, July 16, 2013
- ↑ Connor Sheets, Who are the richest Alabamians now that billionaire Marguerite Harbert has passed?, The Birmingham News, March 23, 2015
- 1 2 3 4 Forbes: Garry Drummond
- 1 2 3 Drummond Company: Leadership Team
- 1 2 Daniel Fisher, Alabama Coal Baron Uncovers Evidence Of Witness Payments In Attack On Lawyer, Forbes, June 6, 2014
- ↑ "Jurors questioned in racketeering trial". The Index-Journal (Greenwood, South Carolina). May 8, 1980. p. 25. Retrieved July 15, 2015 – via Newspapers.com.
- ↑ "Probe of Coal Crime Continues". The Index-Journal (Greenwood, South Carolina). July 9, 1980. p. 17. Retrieved July 15, 2015 – via Newspapers.com.
- ↑ "23-member National Coal Council named". The Indiana Gazette. October 26, 1984. p. 3. Retrieved July 11, 2015 – via Newspapers.com.
- ↑ Ronnie Blair, The Drummonds: close-knit, self-made men, Lakeland Ledger, May 12, 1985
- ↑ Justia Patents: Patents by Inventor Garry N. Drummond
- 1 2 JASPER, Alabama (AL) Political Contributions by Individuals, City-Data
- ↑ Alabama Corrections land sale draws fire again in Hale County Archived July 15, 2015, at the Wayback Machine, The Decatur Daily News, April 17, 2007
- ↑ "Garry Neil Drummond, coal company CEO, has died". The Tuscaloosa News. July 13, 2016. Archived from the original on July 15, 2016. Retrieved July 14, 2016.