W. B. Terry Endowed Business Scholarship

Warren B. Terry

Type: Endowed

Donor: Warren B. Terry

Established: 1978

Warren Bergen "Bill" Terry created the W. B. Terry Endowed Business Scholarship to help JBU business students.  He was born near Vandalia, IL on Aug 11, 1918, and died Dec 2, 2009. Bill’s business career began during the Depression when he sold newspapers on the streets of Vandalia and worked evenings in the local movie theatre. After graduating from high school, and with little work opportunities in Illinois, Bill moved to Corpus Christi, TX where he worked first in the oil industry before being hired at the local Coca-Cola Bottling Plant. He quickly rose to the position of General Manager. In 1948, he joined a small group of investors who purchased the Coca-Cola Bottling operation in San Jose, CA and later a group of plants in Pennsylvania and Indiana. In 1963, Bill purchased plants in the Blue Grass area and later, Southern Illinois and Iowa. In 1979, the family purchased the Louisville, KY operation. These activities created a Coca-Cola bottling company that ranked in the top 20 among bottling companies in the United States.

Mr. Terry also became involved in other business ventures including the Domino Stud Farm, the Lexington Hilton, Howard Johnsons Motel, the Louisville Hyatt, Marriott's Griffin Gate Resort and the adjacent residential community, as well as a chain of Long John Silver Restaurants in Illinois. In addition, Mr. Terry served on the University of Kentucky Board of Trustees, and the boards of Southern Hills United Methodist Church, Transylvania University, Sayre School, and the Lexington Junior League Horse Show. In 1992, Mr. Terry was the recipient of the Doctor of Law Degree honoris causa from Transylvania University. His brother, John V. Terry, taught Economics at JBU in 1969.