Lee styslinger iii biography of barack
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The decision was a good one. Styslinger has three sons with his wife of 42 years, the former Catherine Smith, and all three, Lee Joseph III, Jon Cecil, and Mark Joseph are employed by Altec.
Altec’s philosophy about its associates is “Work should be to an adult what play is to a child – enjoyable.”
In a speech he gave to the Rotary Club of Birmingham on Altec’s 60th anniversary, Styslinger said of his father, “My hope is that I am able to inspire in others at least a fraction of the strength he left for me.” Styslinger’s hope has already become fact; he has passed a legacy of strength on to his sons and a strong, growing corporation on to the world.
Birmingham, AL, October 7, 2021- The Board of Directors of Altec, Inc., announced the election of Allen W.
Ritchie as President and Chief Executive Officer. He started his career with the accounting firm Arthur Andersen, where he was a partner in the Atlanta office.
Mr. He attended St. Paul’s elementary school and graduated from St. Bernard Preparatory School in Cullman. Prior to joining Altec, Mr. Ritchie served as the Chief Financial Officer of Protective Life Corporation, a financial services company headquartered in Birmingham, Alabama.
Despite an energy crisis, by 1973 sales were at $20 million, and Altec employed 400 associates.
In that year, Altec made the risky decision to go into competition with its own suppliers and constructed a factory in St. Joseph, Mo., where the company began designing its own products. He became President in 1994 and was named Chief Executive Officer in 1997, and now serves as Chairman and Chief Executive Officer of Altec, Incorporated., the Holding Company for Altec Industries, Capital Services, National Equipment Company, Altec Worldwide, Global Rental, and Altec Ventures.
He has served on the Board of Governors and Executive Board of both the United States and Birmingham Area chambers of commerce. The company was incorporated for $ 6,000, not including the land, which still belonged to Styslinger’s mother, and the name changed to Altec, Inc.
Styslinger, who had been studying accounting in night school at The University of Alabama at Birmingham, decided the company could no longer afford to be in the manufacturing business.
The company manufactured utility bodies for Alabama Power Co., a line of bottler bodies for CocaCola and Buffalo Rock, a line of dairy bodies, dump bodies, bakery bodies for McGough Bakeries, van bodies for Baggett, and Jack Cole Motor Freight, and a special type bod a business needed.
Styslinger, at only 19, wanted to appear grown-up as possible so one of the first things did as manager was buy a hat and wire-rimmed glasses.
He serves on the dean’s board of advisers for Harvard Business School and on the board of advisors for Northwestern University.
Styslinger is also a trustee and board member for the Children’s Hospital of Alabama. By 1979 the company’s Midwest Division was a full-scale manufacturer of digger derricks and aerial platforms for electric and telephone utilities.
Today, Altec Inc.
is the holding company for Altec Industries, Altec Worldwide, Global Rental, Altec Capital Services, NUECO, Altec Hiline, and Altec Ventures. Ritchie is active in the Birmingham community, where he has served on the Board of the United Way of Central Alabama, the Board of Visitors of the School of Commerce at the University of Alabama, and the Board of Directors of the Alabama Symphony Orchestra.
Lee Styslinger, III said “I have never been more optimistic and excited about the future of Altec.
Mark Styslinger joined Altec in 1987 and was named Senior Vice President – Sales in 1998. When the company incorporated, it switched to distributing equipment made by other manufacturers.
Background
Lee Joseph Styslinger III was born in 1961 in Birmingham, Alabama. Jon Styslinger joined Altec in 1985 and became President and Chief Operating Officer in 2010.
When Lee Joseph Styslinger, Jr. left The University of Alabama at age 19 to take over the management of his father’s truck equipment company, no one could have predicted he would tum the company into a worldwide leader in its industry.
Styslinger was born in Birmingham in 1933 to Lee J.
Styslinger, Sr., and Margaret McFarland Styslinger, where his father had moved at age 33 because it resembled his hometown of Pittsburgh. By 1967, Altec had increased its sales 50 times over those of 1952 and had 175 employees.
From the mid-‘ 60s through the early 70s, Altec began to stretch its wings. Ritchie joined Altec as its Senior Vice President and Chief Financial Officer in 2007.
Altec sells and services equipment in more than 87 countries around the world and offers an extensive product line for the electric utility, telecommunication, tree care, and other related industries.
Altec has continued its growth under the Styslinger family’s leadership.