James T. Stephens Explained

James T. Stephens
Birth Date:14 April 1939
Birth Place:Birmingham, Alabama, US
Known For:Chairman of EBSCO Industries
Alma Mater:Yale University
Harvard Business School
Occupation:Businessman
Spouse:Julie Stephens
Children:5
Parents:Elton Bryson Stephens, Sr.
Alys Robinson

James T. "Jim" Stephens (born April 14, 1939) is an American, businessman and philanthropist from Alabama.

Early life

James T. Stephens was born on April 14, 1939, in Birmingham, Alabama.[1] His father, Elton Bryson Stephens, Sr., founded EBSCO Industries in 1944.[2] [3] [4] His mother, Alys Robinson, died in 1996.[2]

He graduated from Yale University, where he received a bachelor's degree in history in 1961.[1] He received an MBA from the Harvard Business School in 1964.[1]

Career

Stephens served as a lieutenant in the United States Army.[2] He joined the family business, EBSCO Industries, where he served as President from 1970 to 2005.[1] He served as its chairman from 2002 to 2017.[2] [3]

He was inducted into the Alabama Business Hall of Fame in 2008 and the Alabama Academy of Honor in 2012.[1]

Philanthropy

Stephens previously served as the chairman of the boards of trustees of the Highlands School in Mountain Brook, Alabama, the Altamont School, and Birmingham-Southern College.[1] Additionally, he served as the chairman of the Greater Alabama Council of the Boy Scouts of America.[1]

He donated US$2 million to the United Way of Central Alabama.[1] He has endowed scholarships at Jefferson State Community College, Troy University, and Birmingham-Southern College.[1] He has also made charitable contributions to the God's Outreach Center in Harpersville, Alabama as well as UNICEF and Doctors Without Borders.[1]

With his father, Stephens donated US$2.5 million to the University of Alabama at Birmingham.[4] They also donated US$15 million for the construction of the Elton B. Stephens Science Center on the campus of Birmingham–Southern College.[4]

Personal life

He is married to Julie Stephens.[1] They have four children, Bryson, Trent, Bart, and Alys.[1]

Notes and References

  1. Web site: Alabama Academy of Honor: James T. Stephens. www.archives.alabama.gov. 24 October 2017.
  2. https://www.forbes.com/profile/stephens/?list=families America's Richest Families: Stephens family
  3. Connor Sheets, Who are the richest Alabamians now that billionaire Marguerite Harbert has passed?, The Birmingham News, March 23, 2015
  4. Michael Tomberlin, Stephens family may be better known in Birmingham for generosity than $4 billion wealth, The Birmingham News, July 10, 2014