Spencer Hays

From Wikipedia, the free encyclopedia

Spencer Hays
BornJuly 14, 1936
Ardmore, Oklahoma, U.S.
DiedMarch 1, 2017(2017-03-01) (aged 80)
New York City, U.S.
Alma materTexas Christian University
Occupation(s)Businessman, art collector
SpouseMarlene Hays

Spencer Hays (July 14, 1936 – March 1, 2017) was an American businessman and art collector. He was the majority owner and chairman of the executive committee of Southwestern family of companies. With his wife, he made the largest foreign donation to the Musée d'Orsay since its opening in 1986.

Early life[edit]

Spencer Hays was born in Ardmore, Oklahoma.[1] He grew up in Gainesville, Texas.[1][2]

Hays played basketball in high school.[3] He attended Texas Christian University on a basketball scholarship.[3][4]

Career[edit]

As a student at TCU, Hays started his career with Southwestern Advantage in 1956.[4] He became vice president of sales in 1966, executive vice president in 1971, and president in 1973.[4] As Southwestern Advantage expanded into Southwestern Family of Companies, Hays became the chairman of its executive committee starting in 1983.[4] He was the majority owner of Southwestern Family of Companies until the time of his death.[1]

Additionally, Hays founded Tom James Co., a fine clothing firm, in 1966.[3] He purchased Oxxford Clothes, high-end men's suit and sport coat manufacturer, in 1994.[1] He was the owner of Athlon Sports Communications, a publisher of sports manuals.[1][5]

Hays was inducted into the hall of fame of the Direct Selling Association in 1983.[4]

Art collection and philanthropy[edit]

With his wife, Hays began collecting American art in the 1970s.[5][6] By the 1980s, they began collecting French art, especially Les Nabis.[6]

Hays and his wife co-founded the American Friends of the Musée d'Orsay in 2013.[7] Hays served on its board of directors.[8] In 2016, the couple donated 187 paintings worth £155 million to the museum.[3][9] After their death, their donation will come up to 600 paintings worth £315 million.[3] The donation includes paintings by Pierre Bonnard, Édouard Vuillard, Maurice Denis, Odilon Redon, Edgar Degas, Gustave Caillebotte, Camille Corot, Aristide Maillol, Amedeo Modigliani and Albert Marquet.[9] It was the largest foreign bequest to the museum since its opening in 1986.[3] As a result, French president François Hollande thanked them for it and made them Commanders of the Legion of Honour.[9]

On July 10, 2019, a second donation of 106 pièces of art (40 paintings, 47 drawings and 19 sculptures) of Bonnard, Vuillard, Maurice Denis, Félix Vallotton, Georges Lacombe, Édouard Manet, Émile Bernard, Camille Claudel, Odilon Redon, Robert Delaunay, Henri Matisse or Modigliani was given by Marlene Spencer to the Musée d'Orsay.

Hays donated $2 million to his alma mater, Texas Christian University.[1][3] He previously served on its board of trustees.[3][10]

Personal life and death[edit]

Hays met his wife, Marlene, at 14; they married when he was 19.[2] They resided in a mansion modeled after the Hôtel de Noirmoutier in Nashville, Tennessee.[3] They also owned an apartment in Manhattan, New York City.[1][3]

Hays died on March 1, 2017, at age 80.[11][12]

References[edit]

  1. ^ a b c d e f g Barrett, William P. (January 12, 1997). "An American original". Forbes. Retrieved December 18, 2016.
  2. ^ a b Donadio, Rachel (October 27, 2016). "How France Won the Hearts, and the Art, of 2 American Collectors". The New York Times. Retrieved December 19, 2016.
  3. ^ a b c d e f g h i j Alexander, Harriet (October 25, 2016). "Texan couple make biggest foreign donation to the Musee d'Orsay since the Second World War". The Daily Telegraph. Retrieved December 18, 2016.
  4. ^ a b c d e "Company Overview of Southwestern/Great American, Inc.: Spencer Hays". Bloomberg. Retrieved December 18, 2016.
  5. ^ a b Bliss, Jessica (October 26, 2016). "Nashville couple bequeaths $381M in masterpieces to Paris museum". The Tennessean. Retrieved December 19, 2016.
  6. ^ a b "The collection of Marlene and Spencer Hays. A passion for France". Musée d'Orsay. Retrieved December 19, 2016.
  7. ^ Stamberg, Susan (June 27, 2013). "A Paris Vacation For Nashville Millionaires' French Art". NPR. Retrieved December 19, 2016.
  8. ^ "Leadership". American Friends of the Musée d'Orsay. Retrieved December 19, 2016.
  9. ^ a b c "Hollande remercie les Hays pour leur don au musée d'Orsay". La Dépêche. October 23, 2016. Retrieved December 18, 2016.
  10. ^ "TCU Board of Trustees". Texas Christian University. Archived from the original on February 13, 2017. Retrieved December 18, 2016.
  11. ^ Donadio, Rachel (March 4, 2017). "Spencer Hays, Business Magnate and Art Collector, Dies at 80". The New York Times.
  12. ^ Tennessean: March 2nd, 2020: Nashville businessman Spencer Hayes man of books, sports and high end suits died
Retrieved from "https://en.wikipedia.org/w/index.php?title=Spencer_Hays&oldid=1166723793"