AFIS selects Ron Noel as 2002 distinguished alum
EKU's Department of Accounting, Finance and Information Systems is pleased to announce that Mr. Ronald R. Noel has been selected as their departmental distinguished alum for 2002.
Mr. Noel was honored during a presentation on Friday, March 29, 2002, at the annual College of Business and Technology Professional Skills Conference senior recognition luncheon.
The honor is reserved for special alumni who have distinguished themselves in their professions through excellence, dedication, and service.
Ronald R. Noel embodies the risk-taking entrepreneurial spirit so vital to a strong economy. In 1980, he was chief industrial engineer of Interiake's Newport, Ky., facility when a labor strike led to the plant's closing. Rather than accept a transfer to corporate headquarters in Chicago, he and three partners began the process of purchasing and opening the Newport facility. They put together what was at that time one of the first leveraged buyouts, negotiated a new labor contract with the steelworkers, and the new Newport Steel opened a year later. Noel now serves as president and chief operating officer of the reborn Newport Steel Corp. and a vice president and director of its parent company, NS Group Inc.
His $100,000 gift to the EKU College of Business Leadership Challenge initiative established the Ron and Sherrie Noel Commitment to Excellence Fund. A member of the EKU Hall of Distinguished Alumni, he earned a bachelor's degree in business from Eastern and a master's degree in business administration from the University of Kentucky.
The college also honored distinguished seniors for the year as selected by their respective departments within the College of Business and Technology. In addition, recipients of scholarships and awards for the 2001-02 academic year were recognized. Students were honored for outstanding achievement and more than 40 area employers were on hand to engage in networking activities with college graduating seniors.
Published on March 29, 2002