News Summary
Alabama has named six new inductees for the 2025 Alabama Business Hall of Fame. This year’s honorees include industry leaders from various sectors, with the induction ceremony scheduled for November 13 at Haven in Birmingham. The inductees, recognized for their significant contributions to Alabama’s economy, represent a diverse range of businesses and achievements.
Alabama has announced the six new inductees into the Alabama Business Hall of Fame for 2025, recognizing their significant contributions to the state’s business success. The Class of 2025 highlights leaders from various industries, and the induction ceremony is set to take place on November 13 at Haven in downtown Birmingham.
The inductees featured in this prestigious list include:
- Clyde W. Anderson – Chairman and CEO of American Promotional Events, Inc. (TNT Fireworks).
- Gale – Of Counsel at Maynard Nexsen PC.
- LaRussa – Founder and CEO of Sterling Capital Management.
- Tim M. Parker Jr. – Chairman of Parker Towing Company.
- Stevens – Retired CEO of Motion Industries.
- Story – Former President and CEO of American Water Works.
These leaders exemplify the spirit of Alabama’s business community with their innovative practices and commitment to growth.
Profiles of the Inductees
Clyde W. Anderson heads American Promotional Events, Inc., commonly known as TNT Fireworks, which is based in Florence, Alabama. Founded in 1920, TNT Fireworks is recognized as the largest distributor of consumer fireworks in the world. In addition to leading TNT, Anderson has interests in several other companies, including Anco Far East Importers Ltd. and Anderson Media Corporation.
Gale plays a crucial role at Maynard Nexsen PC in Birmingham, having co-founded the firm and serving as its managing shareholder and chairman. His prior experience includes acting as general counsel for Regions Financial Corporation from 2011 to 2020. He has also contributed to various organizations as a board member, including the Business Council of Alabama.
LaRussa is the founder and CEO of Sterling Capital Management, where he oversees operations that include multiple companies such as Fenwick Food Group and American Pipe and Supply. He co-founded Canterbury Trust Company, which was eventually sold to Synovus Financial Corporation.
Tim M. Parker Jr. serves as the Chairman of Parker Towing Company, which transports bulk commodities throughout the Southeast and Gulf Coast. He has a notable political background, having served three terms in the Alabama Legislature. Parker is also a U.S. Army veteran and has received several accolades for his community service.
Stevens, the retired CEO of Motion Industries, significantly boosted the company’s sales from $1.85 billion in 1997 to $4.8 billion by 2014 during his tenure. He has been recognized several times for his leadership, including the Genuine Parts Company Manager of the Year award.
Story previously held the position of President and CEO at American Water Works, where she led the company through a period of unprecedented growth, tripling its stock price between 2014 and 2020. She distinguished herself as one of the few women leading an S&P 500 company during her time and has held various influential roles within Southern Company.
About the Alabama Business Hall of Fame
Established in 1973, the Alabama Business Hall of Fame celebrates extraordinary industry leaders whose work has made a lasting impact on the business landscape of Alabama. The selection committee for this honor comprises a diverse group of 26 board members with experience across educational and business sectors within the state. The Hall aims to highlight the achievements of those individuals who have demonstrated exceptional leadership and innovation.
The induction ceremony will provide an opportunity to honor these six influential figures, recognizing their dedication and contributions to Alabama’s business environment. Their achievements exemplify the growth potential and opportunity present in the state.
Deeper Dive: News & Info About This Topic
- Alabama News Center: Alabama Business Hall of Fame to Induct Six for 2025
- Wikipedia: Alabama Business Hall of Fame
- Yellowhammer News: Alabama Business Hall of Fame Unveils 2025 Inductees
- Google Search: Alabama Business Hall of Fame
- Patch: Tuscaloosa’s Tim Parker Jr. to be Inducted into Alabama Business Hall of Fame
- Encyclopedia Britannica: Business
- Bham Now: 2025 Birmingham Business Hall of Fame Inductees Announced
- Google News: Business Leaders Alabama
Author: STAFF HERE HUNTSVILLE WRITER
The HUNTSVILLE STAFF WRITER represents the experienced team at HEREHuntsville.com, your go-to source for actionable local news and information in Huntsville, Madison County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Panoply Arts Festival, Rocket City Brewfest, and Huntsville Comic & Pop Culture Expo. Our coverage extends to key organizations like the Huntsville/Madison County Chamber of Commerce and HudsonAlpha Institute for Biotechnology, plus leading businesses in aerospace, defense, and manufacturing that power the local economy such as Boeing, SAIC, and Mazda Toyota Manufacturing. As part of the broader HERE network, including HEREBirmingham.com, we provide comprehensive, credible insights into Alabama's dynamic landscape.
