Three Utah business leaders will be inducted into the Utah Business Hall of Fame on April 1 in Abravanel Hall, a ceremony sponsored by Junior Achievement of Utah. A reception will be held at 5:30 p.m. and the induction ceremony at 6:30 p.m.
They are the late George S. Eccles, who was chairman and chief executive officer of First Security Corp. from 1945 until his death in 1982 when assets grew from $300 million to $4.2 billion; Roy Simmons, chairman of Zions Bancorporation, a bank holding company that operates full-service banking in Utah, Arizona, California, Colorado, Idaho, Nevada and New Mexico; and Hyrum Smith, chairman of the board of Franklin Covey Co., whose Franklin Planner is used by four million people in 175 countries.The Utah Business Hall of Fame is patterned after the National Business Hall of Fame established in 1975 by Junior Achievement Inc. in conjunction with Forbes Magazine.
Its purpose is to recognize past and present business leaders for their contributions to improving
the products, processes, efficiencies and human relations of business, said Phil Cofield, JA of Utah president.
"Increasing awareness of such contributions by Utah's greatest business leaders helps expand understanding and appreciation of the private enterprise system," said Robert Egan, regional vice president of IBM and chairman of this year's induction ceremony.
JA this year is providing educational programs for 40,000 students in many of Utah's schools in kindergarten through 12th grade.