William Dillard II

AAA

DEFINITION of 'William Dillard II'

The son of the founder and former chairman of Little Rock-based department store chain, Dillard's. William Dillard II joined the family business in 1968 after earning his MBA from Harvard. He became its executive vice president in 1973 and its president in 1977, holding this position until 1998. He became CEO in 1998 and chairman in 2002 when his father, Dillard Sr., passed away.

INVESTOPEDIA EXPLAINS 'William Dillard II'

Dillard Sr. also became experienced in retail by working in his father's store. After earning his graduate degree and working at Sears for seven months, he began his own career as an entrepreneur in 1938 with a small Nashville store. He began expanding 10 years later in Texas, Arkansas and Oklahoma.

RELATED TERMS
  1. Chairman

    An executive elected by a company's board of directors that is ...
  2. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  3. Corporate Action

    Any event that brings material change to a company and affects ...
  4. Corporate Governance

    The system of rules, practices and processes by which a company ...
  5. Corporation

    A legal entity that is separate and distinct from its owners. ...
  6. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
Related Articles
  1. Measuring Company Efficiency
    Fundamental Analysis

    Measuring Company Efficiency

  2. Choosing The Winners In The Click-And-Mortar ...
    Investing

    Choosing The Winners In The Click-And-Mortar ...

  3. Analyzing Retail Stocks
    Fundamental Analysis

    Analyzing Retail Stocks

  4. Evaluating Grocery Store Stocks
    Economics

    Evaluating Grocery Store Stocks

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center