A CONCURRENT RESOLUTION honoring Richard L. Johnson,
Sr., Chairman and Chief Executive Officer of Johnson Oil Company
for receiving the Ernst & Young Entrepreneur of the Year Award for
retail.
, read first time and referred to Committee on
A CONCURRENT RESOLUTION honoring Richard L. Johnson,
Sr., Chairman and Chief Executive Officer of Johnson Oil Company
for receiving the Ernst & Young Entrepreneur of the Year Award for
retail.
Whereas, Dick Johnson received his Degree in Business
Management from Indiana University in 1955;
Whereas, Dick borrowed $10,000 from his father in 1957
and started a small gasoline and heating oil distribution
business;
Whereas, Dick's company started with three employees,
including himself, personally driving the company delivery
truck;
Whereas, in 1980 the company consisted of 30 stations,
and the convenience stores soon started to become popular;
Whereas, Mr. Johnson's company operates about 170
Bigfoot gas stations/convenience stores in Indiana, Illinois
and Kentucky, with reported sales in 1999 having been $416
million;
Whereas, in the past 20 years, Dick's stores have grown
from 10 percent to 40 percent of Johnson Oil Company's
sales;
Whereas, Dick has donated $1 million to the Center for
Entrepreneurship and Innovation, which is part of the Kelley
School of Business at Indiana University;
Whereas, Dick resides with his wife Ruth in Columbus
and has a daughter, Jenny, and a son Rick, who joined the
company in 1984 and rose through the ranks to become
President of Johnson Oil Co. in 2000;
Whereas, Dick has shown himself to be a true visionary
with a pulse on what the consumer wants in the service area;
Whereas, Dick is a testament to the adage that hard work
and perseverance will lead to success; and
Whereas, Dick is a true community leader who also
serves as a shining example to young entrepreneurs;
Therefore,
SECTION 1. That the Indiana General Assembly congratulates
Richard L. Johnson, Sr. for his success in the private sector and for
being a shining example of entrepreneurship in the Columbus
community.
SECTION 2. That the Principal Clerk of the Indiana House of
Representatives is directed to transmit two copies of this resolution to
Representative David Yount.