31st American Free Enterprise Day Honors Business Leader, Entrepreneur Ken Langone

Ken Langone (head and shoulders photo) will be the 2016 AFE honoree.

Palm Beach Atlantic University will present its American Free Enterprise Medal to Ken Langone, founder of Invemed Associates LLC, a New York Stock Exchange member firm specializing in healthcare and high technology companies, and co-founder of The Home Depot on Thursday, November 10.

The medal ceremony is set for 10:45 a.m. in the Rubin Arena of the Greene Complex for Sports & Recreation, 1100 S. Dixie Highway in West Palm Beach. The ceremony is free and open="open" to the public. For more information, call (561) 803-2025.

Langone received a B.A. from Bucknell University and an MBA from New York University’s Stern School of Business, which he attended at night while working on Wall Street. The part-time night program was renamed the Langone Program thanks to the generosity of Langone and his wife, Elaine.

He serves on the board of overseers of the Stern School and on the board of trustees of New York University, and is chairman of the board of trustees of New York University Medical Center. In April 2008 the medical center was renamed the NYU Langone Medical Center reflecting a major gift from the Langones. He was a member of the Bucknell University Board of Trustees for 15 years, and served as chairman of its nominating committee, its endowment committee and as a member of its executive committee.

Langone is a co-founder of The Home Depot and was lead director and a member of the executive committee of its board since it was founded in 1978 until 2008 when he left the board. He also serves on the boards of Unifi, Inc., Micell Technologies, Relationship Sciences and Juice Press. Past corporate board memberships include ChoicePoint, Geeknet, General Electric and YUM Brands. In addition he serves on the boards of St. Patrick’s Cathedral, the Ronald McDonald House of New York, the Medal of Honor Foundation, Horatio Alger Society Foundation and the Harlem Children’s Zone and its charter school, the Promise Academy.

He is a New York native.

American Free Enterprise Day is a tradition at Palm Beach Atlantic since the first celebration took place in 1984. Previous medal recipients include Leo A. Vecellio, Jr., chairman, president and CEO of Vecellio Group, Inc.,  2015; Arthur L. Williams, Jr., A.L. Williams & Associates, 2014; Tim Gannon, a co-founder of Outback Steakhouse, Inc., 2013; Brian P. Burns, BF Enterprises Inc., 2012; H. Wayne Huizenga, Jr., Huizenga Holdings, Inc., 2011; Edward M. Kobel, DeBartolo Development, LLC, 2010; John D. MacArthur, insurance and real estate entrepreneur, 2009; John M. Gregory, SJ Strategic Investments, LLC, 2008; Karl H. Watson, CEMEX, 2007; Stuart W. Epperson, Salem Communications Corporation, 2004; Sam Moore, Thomas Nelson, Inc., 2003; Joseph R. Gregory, Kingsway LLC, 2002; Lester J. Woerner, Woerner Holdings, Inc, 2001; Rich DeVos, 2000, Orlando Magic; John J. Brogan, 1999; Thomas R. Pledger, Dycom Industries, 1998; Carl DeSantis, Rexall Sundown, Inc., 1997; Lowell “Bud” Paxson, Paxson Communications Corp., 1996; Richard S. Johnson, Johnson Investment Group, 1995; David Mahoney, Charles A. Dana Foundation, 1994; William G. Lassiter, Jr., W.G. Lassiter Co., Inc., 1993; Alexander W. Dreyfoos, Jr., The Dreyfoos Group, 1992; S. Bradford “Skeet” Rymer, Jr., Magic Chef, 1991; S. Truett Cathy, Chick-Fil-A, 1990; Stewart Morris, Stewart Information Services Corp. and the Hugh J. Andersen Foundation, 1989; Frederick M. Supper, Alexander Proudfoot Co., 1988; Henry J. Rolfs, Downtown/Uptown West Palm Beach, 1987; Theodore R. Johnson, United Parcel Service, 1986; Marshall E. Rinker, Sr., Rinker Materials Corp., 1985; and Sir John M. Templeton, Templeton World Funds Ltd., 1984.

Bank of America is a sponsor of this year’s American Free Enterprise Day.

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active accounts and more than 20 million mobile active users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.