WEBSTER COUNTY, Ky. (5/1/13) - Former University of Kentucky and Boston Celtics basketball star Frank Ramsey was honored again last week, but this time not because of his prowess on the court. It was his prowess as a business man that was recognized by the University of Kentucky Gatton College of Business and Economics, which inducted him into its Alumni Hall of Fame.
Ramsey, a member of the UK class of 1954, led the Wildcats to a national championship and a perfect season, and then went on to win seven national titles with the Boston Celtics in the NBA. He retired from playing at the age of 34, and then spent most of one season coaching the American Basketball Association’s Kentucky Colonels. At the end of that season he returned home and went to work at the family business.
He has served as President and director of Dixon Bank in Dixon, Ky., since 1972. Ramsey has also been actively involved with the university through the years by serving on the Board of Trustees, the Athletics Board, the Development Council and the Alumni Association Board of Directors.
“I’ve reached the age where the first thing I do when I read the paper is look at the obituaries to see how many friends I’ve lost,” Ramsey said with a laugh. “It’s nice to be remembered at this age.”
With his induction into Gatton College of Business and Economics, Frank Ramsey becomes one of the first alumni to gain entrance into both the business college hall of fame and the UK Athletics Hall of Fame.
In all, a total of 78 men and women who have distinguished themselves in their business careers and as community leaders, now have been recognized by the Gatton College with this high honor since the inception of the hall of fame in 1994. This is the 19th class of inductees to the hall.
Also inducted this year were Kerry Back, a J. Howard Creekmore Professor of Finance at Rice University’s Jones Graduate School of Business and Helen Cornell, a retired executive vice president and chief financial officer of Gardner Denver, Inc.
“Induction into the Gatton Hall of Fame is a prestigious honor for our business school alumni,” said David Blackwell, dean of the college. “These three outstanding graduates are most deserving of this recognition. The inductees represent several different professions and career paths, yet all have distinguished themselves in their business pursuits and in civic and community leadership.”
“It really is an honor,” Ramsey said. “I looked when I was up there last week, and there are some pretty heavy hitters in that hall of fame. I am just thankful to be included.”
This honor was especially meaningful to Ramsey because while he was enrolled at UK, he was a classmate of Billy Gatton, the namesake of Gatton College.
Ramsey was from Madisonville and Gatton was from Bremen, Kentucky. Following college, when Frank Ramsey was with the Boston Celtics and Gatton was working in Philadelphia, Gatton would come down to the games every time the Celtics came to town.
Frank Ramsey is also a member of the NBA’s Naismith Memorial Basketball Hall of Fame. Forty years after returning to the bank started by his family, he can still be found at Dixon Bank every day.
J-E News Editor
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