|Birth: ||Mar. 21, 1946|
|Death: ||Oct. 6, 2007|
John Robert Philpott, Jr., 61, of Charlotte, N.C., died Saturday, October 6, 2007 at Carolinas Medical Center.
He was born in Winston-Salem, North Carolina on March 21, 1946. He graduated from Lexington High School in Lexington, North Carolina, in 1964, and was awarded a Bachelor of Arts degree in Economics from the Virginia Military Institute in 1968, where he stood first in his class among Economics majors and was named a member of Omicron Delta Epsilon, the national honor society in Economics. Upon graduation, he was tapped into the Kappa Alpha Order. After graduating from VMI, Mr. Philpott served as a Minuteman II missile launch officer in the United States Air Force's Strategic Air Command. While in the Air Force, he received a Master of Business Administration degree from the University of Missouri and was awarded a Distinguished Academic Achievement Award from the United States Air Force in 1971.
From 1972 through 1981, Mr. Philpott served as a regional corporate lending officer for the Wachovia Bank and Trust Company, N.A. From 1981 to 1985, Mr. Philpott was a Vice President in the Corporate Finance Department of J.C. Bradford & Company. In this capacity, he served as an investment banker and financial adviser to a number of corporations in both the Southeast and other areas of the United States.
In 1985, Mr. Philpott joined Interstate/Johnson Lane Corporation ("I/JL") as Senior Vice President and Manager of I/JL's Corporate Finance Department, managing investment banking professionals and actively advising a number of corporations on matters pertaining to valuation and capital structure. Personnel reporting to Mr. Philpott managed over 50 public offerings of corporate securities, advised numerous companies on mergers and acquisitions, and performed more than a dozen valuations a year. In 1989, Mr. Philpott became Managing Director of I/JL's Capital Markets Group, which included I/JL's Corporate Finance, Syndicate, Institutional Equity Sales & Trading, and Merger & Acquisition Departments.
Mr. Philpott founded Philpott Ball & Werner ("PB&W") in January 1991 with George Ball and was President and Managing Director until 2007. PB&W is a private investment banking firm which assists corporations throughout the United States, Canada and Western Europe. PB&W's services include mergers, acquisitions and divestitures; transaction financing; corporate finance and litigation advice; fairness opinions and corporate valuations.
Mr. Philpott joined the VMI Foundation Board of Trustees in 2001. During his time as a trustee, he served on the Audit and Finance Committee and the Fundraising and Stewardship Committee, eventually becoming the chairman of both. On July 1, 2004, he became the Foundation's Vice President for Administration. Three years later, Mr. Philpott became the nineteenth President of the VMI Foundation.
He was a professed member in the Third Order of the Society of Saint Francis. He was an active member and vestryman of Christ Episcopal Church of Charlotte where he was the chair of numerous commissions. He also conducted services at Southminster Retirement Community.
Mr. Philpott was a member of the Investment Committee of Service in Mission, a former president of the English-Speaking Union (Charlotte Chapter) and a member of the North Carolina Chapter of The Association for Corporate Growth. He was a member of the Charlotte City Club and the Quail Hollow Country Club.
He is the son of the late Mr. and Mrs. J. Robert Philpott., of Lexington, NC, and is survived by his wife, Marion Brooke Philpott; his sons, Cyrus Hundley Philpott and his wife Carrie of Mableton, GA; John Brooke Philpott of Charlotte, NC; and Stephen Moyer Philpott of Charlotte, NC; and his brother, Frederick Cabell Philpott, Sr., of Winston-Salem, NC.
Funeral services will be held on Tuesday, October 9 at Christ Episcopal Church, 1412 Providence Road in Charlotte.
Forest Hill Memorial Park
North Carolina, USA
Created by: Loye Philpott Roach
Record added: Oct 31, 2007
Find A Grave Memorial# 22583221
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