Herman W. Lay Memorial Award

The Herman W. Lay Memorial Award does more than recognize one of the founders of our organization. Herman Lay was an outstanding example of the entrepreneurial spirit. He trod a path that led from a single snack food truck to becoming the Chairman of the Board of one of the world’s largest firms, PepsiCo, Inc. Herman was as generous as he was successful. His philanthropy extended to many causes, including the establishment of private enterprise and entrepreneurship programs. It was a generous gift of his that made the formation of APEE possible. Each year, APEE searches for individuals who, in their business and public lives, have emulated the pattern of success and philanthropy that Herman Lay lived. Recipients of the Herman W. Lay Memorial Award are selected because they are representative of the best that the free enterprise system produces. By calling attention to their lives and to their actions, APEE hopes to stimulate other individuals to be equally supportive of free enterprise and entrepreneurship.

Past Recipients

  • 2021 W. Grady Rosier
  • 2020 Manuel H. Johnson
  • 2019 Thomas Smith
  • 2017 Francisco García Paramés
  • 2016 John “Matt” Matthews, Jr.
  • 2015 Richard Fink
  • 2014 Randy and Ken Kendrick
  • 2013 Jerry Fullinwider
  • 2012 Robert Levy
  • 2011 Harry Boyd Earhart (accepted by David B. Kennedy)
  • 2009 Jeffrey Sandefer
  • 2008 John Allison
  • 2007 Arthur Pope
  • 2006 Peter Thiel
  • 2005 Charles Koch
  • 2004 Sir John Templeton
  • 2003 William Dunn
  • 2002 Owen and Erma Smith
  • 2001 Lovett Peters
  • 2000 Howard Rich
  • 1999 Paul Broyhill
  • 1998 Leo Linbeck, Jr.
  • 1997 Robert McNair
  • 1996 Norman McClelland
  • 1995 Robert Pamplin
  • 1994 Albert Alkek
  • 1993 John Bergstrom
  • 1992 The Honorable Shelby Cullom Davis
  • 1991 Jennings Jones and Scott Probasco, Jr.
  • 1990 Robert Dedman
  • 1989 Gus Stavros
  • 1988 Michael Monus
  • 1987 Samuel Walton
  • 1986 Robert West, Jr.
  • 1985 Thomas Hendrix
  • 1984 Bernard and Eugenia Ramsey