Monroe_J._Carell,_Jr.

Monroe J. Carell Jr.

Monroe J. Carell Jr.

American businessman and philanthropist

Monroe J. Carell Jr. (1932 – June 19, 2008) was an American businessman and philanthropist. He was the Chairman and CEO of Central Parking Corporation.[1][2][3]

Quick Facts Born, Died ...

Early life

Monroe Carell was a graduate of Father Ryan High School and earned a degree in electrical engineering from Vanderbilt University in 1959.[4]

Career

Carell cofounded Central Parking with Richard Dennis in 1967. By 1980, he had bought out his business partner, and the firm was the fourth largest parking company in the United States. The company went public in 1995, and in 1997 with an estimated worth of $600 million, Carell made the Forbes 400 list. Central Parking was bought by a private equity firm in 2007, and the Carell family, owning nearly half of the shares, walked away with nearly $350 million.[2]

Philanthropy

The Carell family has funded several scholarships and construction projects in the Nashville area.[2] The Monroe Carell Jr. Children's Hospital at Vanderbilt in Nashville, Tennessee is named in recognition of his financial contribution.[2] In 2001, he received the Distinguished Alumnus Award from the Vanderbilt University School of Engineering.[5][6] In 2008, he was named the Nashvillian of the Year by the Easter Seals of Tennessee[2]

Personal life

Carell was married to Ann Scott (1935-2012) for fifty-two years, and they had three daughters.[7][8][9]

Death

Carell died on June 19, 2008.

References

  1. [1]
    "Local Philanthropist Monroe J. Carell Jr. Dies At 76". WorldNow and WTVF. Jun 20, 2008. Archived from the original on 2012-02-24. Retrieved 28 February 2010.
  2. [2]
    Wood, E. Thomas (Jun 20, 2008). "Monroe Carell passes away". NashvillePost.com. Retrieved 28 February 2010.
  3. [3]
    Pulle, Matt (Jun 20, 2008). "Monroe Carell: RIP". Nashville Scene. Archived from the original on 2008-12-04. Retrieved 1 March 2010.
  4. [4]
    "Chancellor Search Committee". Vanderbilt University. Archived from the original on 2010-12-30. Retrieved 1 March 2010.
  5. [5]
    "About Monroe Carell Jr". Monroe Carell Jr. Children's Hospital at Vanderbilt. Retrieved 1 March 2010.
  6. [6]
    "Vanderbilt Board member, Children's Hospital namesake Monroe Carell dies". Vanderbilt University. Archived from the original on 13 October 2008. Retrieved 1 March 2010.
  7. [7]
    Carell remembered as champion of Vanderbilt, Vanderbilt University Medical Center Reporter, August 29, 2012
  8. [8]
    Local Philanthropist Ann Carell Passes Away, WTVF, August 21, 2012
  9. [9]
    Scott Sutton, Philanthropist Ann Carell dies after short illness, WSMV-TV, August 21, 2012
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