Tag: Philanthropy

Diversions

Where is one of the Speed Museum’s most famous residents?

She’s on an out-of-town trip, according to The Courier-JournalJ. From the Speed’s website:

Anthony van Dyck
Flemish, 1599 ‑ 1641
Portrait of a Woman, about 1635
Oil on canvas
29 1/2 ×23 inches (74.9 × 58.4 cm)
Museum purchase, Preston Pope Satterwhite Fund

 

About the painting’s donor

In an important milestone for the Speed in 1941, Dr. Preston Pope Satterwhite gave the museum his collection of 15th- and 16th-century French and Italian Decorative Arts tapestries and furniture.

Satterwhite was born in 1867 Great Neck, N.Y., but lived in Louisville until he was 25, when he moved to New York to complete his medical internship and residency, according to the Encyclopedia of Louisville. He became a successful surgeon and well-known art collector. His ancestors, the Breckinridges and Prestons, were early settlers in Kentucky. Satterwhite died in New York in 1948.

Satterwhite monument
Temple of Love

He and his wife are buried in Cave Hill Cemetery in one of the most elaborate memorials there. Erected in 1928 of pink Italian marble, the “Temple of Love” is a copy of Marie Antoinette’s ornate structure in her Petite Trianon garden at the Palace of Versailles in Paris.

Here’s a Find A Grave photo of Satterwhite and his wife, Florence in front of their 1927 Rolls-Royce Phantom 1 at their estate in Great Neck.

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Latest Headlines

GE outsourcing jobs, and new Kindred building advances
Appliance Park aerial
An aerial view of GE’s massive Appliance Park, which employs 6,000 workers.

Latest business news focused on big Louisville employers; updated at 5:25 p.m.

HUMANA declared a regular quarterly dividend of 29 cents a share, payable July 29 to stockholders of record June 30. Also, the healthcare giant said it will continue its financial support of Actors Theatre’s festival of new plays through 2019; Humana has been the lead underwriter for 37 years. 

GE plans to outsource its distribution operation at Appliance Park, a move that would affect about 200 union jobs (WDRB). The announcement followed the release of a letter today that contained uncharacteristically harsh criticism of the performance of workers (CJ).

KINDRED was issued four building permits by the city yesterday, indicating it’s ready to start work on its planned $36 million office building in the Theater Square commercial district on Fourth Street near the Brown Hotel (CJ). The expansion will accommodate up to 500 new employees, and follows Kindred’s October 2014 purchase of Gentiva, an Atlanta-based home health and hospice provider (AJC).

PNC will vacate the PNC Plaza Tower on Jefferson Street, moving 300 employees to the National City Tower as the bank consolidates its combined 600 downtown employees in one place. No word on what will happen to PNC Plaza naming rights (WDRB).

PAPA JOHN’S has now eliminated all  high-fructose corn syrup from its menu, a plan first announced in June (press release). The ingredient was one of 14 the company said it would remove in June as it reinforced its “better ingredients, better pizza” slogan (Food Business News).

Latest Headlines

A surprise at Appliance Park, and cutting risk at Texas Roadhouse

News about Louisville’s major employers; updated frequently.

GE: Qingdao Haier Co., is — get this — adding jobs at Appliance Park, which the China-based company agreed to buy from GE in a $5.4 billion deal in January. New owners often do the opposite: cutting upper management jobs. But Qingdao says it needs the 85 new jobs to create a standalone company. (Courier-Journal).

TEXAS ROADHOUSE operators have a direct line to the 483-location Louisville-based restaurant chain’s risk management chief. Patrick Sterling’s so serious about his job, he keeps photos of his risk management team alongside those of his three daughters. (Business Insurance.)

Caldwell's Quirky CookeryIn other news, the Russell neighborhood hopes to grow 100 new businesses with a kitchen incubator backed by the Community Foundation of Louisville, the James Graham Brown Foundation and other philanthropic groups. Already, Chef Space is home to 20 small businesses, from Caldwell’s Quirky Cookery to Younique Soul (Broken Sidewalk).

Latest Headlines

Former Papa franchiser gets Innocents home job; predecessor earned $273K

News about Louisville’s major employers; updated frequently.

PAPA JOHN’S: A former franchise owner of the pizza chain has been named CEO of the Home of the Innocents, which serves neglected and medically fragile children. Paul Robinson owned and operated 19 Papa John’s Pizza franchises in Florida, since been sold. His predecessor, Gordon Brown, is retiring. The agency didn’t say what Robinson would be paid; Brown got $273,000 in fiscal 2014, according to Guidestar’s latest tax return. Annual expenses were $31.2 million that year. The Home’s board of directors. Papa John’s itself has had a tough year; at $55, shares are down more than 9% vs. a 1% dip in the S&P 500. More Papa news.

GE‘s counter-punch against Democratic White House candidate Bernie Sanders deemed “ill-advised.” Sanders had slammed GE for tax avoidance as an example of corporate greed.