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The Society of Entrepreneurs - Bios

Michael D. Rose
First Horizon National Corporation, Chairman
Promus Hotel Corporation , Chairman (retired)
First Horizon National Corporation
Michael D. Rose

"We must see to it that our own spirit of entrepreneurship is burning as brightly as those who are embracing it for the first time." For Mike Rose, there's no such thing as sitting back and resting on one's laurels - one must continue to innovate and grow, and that's exactly what Mike is all about. Currently Chairman of the Board of Gaylord Entertainment, Mike Rose brought a tremendous track record into the hospitality industry when he joined them in 2001. He began his career with Holiday Inns, with whom he served in a variety of positions, most recently President in 1979, CEO in 1981, and Chairman in 1984. In 1990, the Holiday Inn brand was sold, and the Promus Companies was formed, with Mike as Chairman and CEO. In 1995, the company was split into Harrah's Entertainment and Promus Hotel Corporation, and he continued as Chairman of both. He retired from Harrah's in 1996 and Promus in 1997. Mike also currently lends his knowledge and experience to a list of other company boards, such as Darden Restaurants, FelCor Lodging Trust, First Horizon National Corporation, and General Mills.

His civic involvements include the Board of Visitors of the University of Memphis and the Boards of Trustees for Memphis University School.

Description of Business:
Hotels

Year Inducted:
1992

Thoughts on Entrepreneurship:

"'Whether operating in a large established corporation, a new venture or working as a small business person with a unique product or idea, it is the spirit of entrepreneurship that drives long term success…Encouraging entrepreneurship has been a hallmark of our country’s status as the world business leader. As we enter a true global economy, it is vitally important that American business leaders recognize and understand the role entrepreneurship has played in our success. As new economies continue to emerge from the oppression of communism, the devastation of internal revolution or the demoralization of poverty, they, too, will discover that it is the entrepreneurs who lead the way to economic success. To remain a world leader we must see to it that our own spirit of entrepreneurship is burning as brightly as those who are embracing it for the very first time."
For More Information: http://www.gaylordentertainment.com
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