William G. Mays (1945-2014)

July 30, 2015 
/ Contributed By: Karen L. Dace

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William Mays and granddaughter Ashley Scurlock, June 2012

Courtesy Doug Jaggers, Fair use image

William Mays and granddaughter Ashley Scurlock, June 2012

“Image Ownership: Doug Jaggers”

William โ€œBillโ€ G. Mays, entrepreneur, philanthropist and civic leader, was born in Evansville, Indiana to Joy and Theodore C. Mays, Sr. on December 4, 1945.ย  The youngest of three sons, his older brothers, Theodore Jr. and Robert, were twins.ย  Both parents were educators who encouraged their children to excel in their studies.

Mays graduated from Evansvilleโ€™s Lincoln High School, an institution that was segregated until his senior year.ย  When he graduated in 1963, Maysโ€™ academic accomplishments led to his recognition as the number one graduating male student from Evansville Lincoln High School.

His fatherโ€™s academic training inspired Mays to study chemistry at Indiana University in Bloomington where he earned a Bachelor of Arts Degree in 1970.ย  In 1973, he earned a Master of Business Administration Degree from Indiana University.

Maysโ€™ early professional career included work as a test chemist, sales professional, and an account manager.ย  He worked for Procter & Gamble Co. (P&G), Eli Lilly Company, and Cummins Engine Company.ย  His academic training and work in chemistry, finance, marketing and manufacturing prepared him to take on the presidency of a small chemical distributorship, Specialty Chemicals, a division of Chemical Investors, in 1977.ย  Sales of the company grew from $300,000 to $5 million during his three-year tenure as president.ย  However, when the racial composition of Specialtyโ€™s Board of Directors changed, Mays resigned the presidency in 1980 rather than participate in the inaccurate representation of Specialty Chemicals as a minority-run business.

In March 1980, Mays launched the Mays Chemical Company, Inc.ย  In the early years, the company was a one-man operation with Mays handling all responsibilities.ย  By the end of its first year, Mays Chemical boasted $2 million in sales, twice its goal. In 1985, Mays purchased the remnants of Specialty Chemicals and absorbed it into Mays Chemical. In the first five years of Mays Chemical, company sales reached $50 million and in ten years they topped $100 million.ย  At the time of his death, Mays Chemical Company employed more than 180 people in Indianapolis, Chicago (Illinois), Detroit (Michigan), New Jersey, Canada, and Puerto Rico, and reported more than $180 million in sales.

Recognized as Indianaโ€™s most successful Black businessman, Mays purchased the nationโ€™s fourth oldest surviving black newspaper, The Indianapolis Recorder, in 1990.ย  Under his ownership, the newspaper earned multiple awards and recognition from the National Newspaper Publishers Association.ย  He entered the electronic media industry in 1993 by becoming the majority owner of IBL, LLC; minority owner of Shirk, Inc.; and a member of the Board of Directors of Hoosier Broadcasting Corporation.ย  In June 2000, Radio One, the nationโ€™s largest minority-owned media organization purchased these businesses for $40 million.

Additionally, Maysโ€™ interests included property management and leasing companies, golf courses, boat and construction companies.

A mentor and advisor for numerous aspiring business professionals, Mays celebrated many โ€œfirstsโ€ including being the first black person to serve as Chairman of the Indianapolis Chamber of Commerce (1993-1994), and the first black person appointed to the Indiana Hoosier Lottery Commission (1991).

Mays was married to Rose (Cole) Mays, Ph.D., professor emerita and former Associate Dean for Community and International affairs in the Indiana University School of Nursing in Indianapolis.

William โ€œBillโ€ Mays died on December 4, 2014, his 69th birthday, in Indianapolis, Indiana.

About the Author

Author Profile

Karen L. Dace is Vice Chancellor for Diversity, Equity and Inclusion at Indiana University-Purdue University Indianapolis. She is professor of Communication Studies with an affiliate appointment in Africana Studies in the College of Liberal Arts and has taught courses in and written about intercultural communication, race relations, the construction of gender, and the empowerment of women of Color. Dace holds bachelorโ€™s and masterโ€™s degrees in Liberal Arts and Mass Communication, respectively, from the University of Illinois at Chicago and a Ph.D. in Communication Studies from the University of Iowa. In 2012, she published an edited book, Women of Color and White Women in Conversation (Routledge) which brought together ten women of Color and ten white women to discuss the challenges of working across race in university settings.

CITE THIS ENTRY IN APA FORMAT:

Dace, K. (2015, July 30). William G. Mays (1945-2014). BlackPast.org. https://www.blackpast.org/african-american-history/mays-william-g-1945-2014/

Source of the Author's Information:

Indiana University Kelley School of Business Alumni Awards (n.d.),
Michael Anthony Adams, โ€œIndianapolis businessman Bill Mays dead at age
69,โ€ Indianapolis Star, December 4, 2014,
http://www.indystar.com/story/news/local/2014/12/04/bill-mays-businessman-dead-at-69-indianapolis/19924109/
.

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