Scotty Probasco

{{Short description|American heir, businessman and philanthropist}}

{{Infobox person

| name =Scotty Probasco

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| birth_date = {{Birth date|1928|11|26}}

| birth_place =Chattanooga, Tennessee

| death_date = {{Death date and age|2015|4|17|1928|11|26}}

| death_place = Chattanooga, Tennessee

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| education = Baylor School
Dartmouth College
Wharton School of the University of Pennsylvania

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| occupation =Businessman
Philanthropist

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| spouse =Betty Rowland Probasco

| children = 4

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Scott Livingston Probasco, Jr.{{cite web|url=http://www.newschannel9.com/news/top-stories/stories/scotty-probasco-jr-dies-16543.shtml|title=WTVC NewsChannel 9 :: News - Top Stories - Scotty Probasco Jr. Dies|author=Sinclair Broadcast Group|work=WTVC NewsChannel 9|accessdate=22 April 2015}} (November 26, 1928 – April 17, 2015) was an American heir, businessman and philanthropist.{{cite web|url=http://www.utfi.org/the-foundation/development-council/leadership-awards/852-2/2010-winner-scott-l-probasco-jr/|title=2010 Winner: Scott L. Probasco, Jr.|work=utfi.org|accessdate=22 April 2015|url-status=dead|archiveurl=https://web.archive.org/web/20150402163204/http://www.utfi.org/the-foundation/development-council/leadership-awards/852-2/2010-winner-scott-l-probasco-jr/|archivedate=2 April 2015}}Dean W. Arnold, Old Money, New South: The Spirit of Chattanooga, 2006 [http://oldmoneynewsouth.com/images/FirstTenPages.pdf]

Early life

Scotty Probasco was born in Chattanooga, Tennessee on November 26, 1928.{{cite web|url=https://books.google.com/books?id=I-YdAQAAIAAJ&q=%22PROBASCO,+Scott+Livingston,+Jr.,+banker;+born+in+Chattanooga,+Tennessee,*%22|title=Who's who in Commerce and Industry|work=google.ca|year=1959|accessdate=22 April 2015}} His family has been involved in banking for ten generations. His grandfather, Harry Scott Probasco (1858-1919), founded the American National Bank, and his father, Scott L. Probasco, Sr. (1890-1962), founded a trust company ultimately bought by SunTrust Banks. Both his father and grandfather attended the First Presbyterian Church of Chattanooga, and were devout followers of Christ.

Probasco attended the Baylor School, where he played on the golf team.Graham Elliott, [http://golfweek.com/news/2004/oct/12/2004-baylor-school-breeds-champions/?print&popup=true 2004 Baylor School Breeds Champions], Golfweek, October 12, 2011{{cite web|url=http://www.baylorschool.org/gallery/zoom.aspx?myurl=/data/files/gallery/AlumniPhotoGallery/Picture_046.jpg&FileID=12524&Title=Brandon%20Eaves%20\%2710%20with%20Scotty%20Probasco%20\%2748%20and%20Chuck%20Hudson%20\%2710&Content=|title=Baylor School: Brandon Eaves '10 with Scotty Probasco '48 and Chuck Hudson '10|work=baylorschool.org|accessdate=22 April 2015|url-status=dead|archiveurl=https://web.archive.org/web/20160304030046/http://www.baylorschool.org/gallery/zoom.aspx?myurl=%2Fdata%2Ffiles%2Fgallery%2FAlumniPhotoGallery%2FPicture_046.jpg&FileID=12524&Title=Brandon%20Eaves%20%5C%2710%20with%20Scotty%20Probasco%20%5C%2748%20and%20Chuck%20Hudson%20%5C%2710&Content=|archivedate=4 March 2016}} He received a Bachelor of Arts degree in history from Dartmouth College and attended the Wharton School of the University of Pennsylvania.

Career

Probasco considered becoming a preacher, but joined the family business instead. He served as the chair of the Executive Committee of SunTrust Bank in Chattanooga.{{cite web|url=http://investing.businessweek.com/research/stocks/private/person.asp?personId=558286&privcapId=4338533&previousCapId=4338533&previousTitle=Baylor%20School,%20The|title=Scott L Probasco Jr.|work=Businessweek.com|accessdate=22 April 2015}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}} He served on the Board of Directors as well as the Audit and Compensation Committees of Chattem, a Chattanooga-based producer and marketer of over-the-counter healthcare products, toiletries, dietary supplements, topical analgesics, and medicated skin care products.

Philanthropy

Probasco sat on the Board of Trustees of the University of Tennessee at Chattanooga as well as its UTC Alumni Council, UT Development Council, and UT Foundation. He has also supported the UT chapter of the Fellowship of Christian Athletes. The Probasco Chair of Free Enterprise at UTC, was originally endowed by Burkett Miller, Managing Partner of Miller and Martin and Probasco's good friend. Miller named the Chair for Probasco to honor his commitment to the enduring values of American Free Enterprise. The Chair was held by Jeff Ray Clark until 2019, Claudia Williamson, Ph.D. was appointed to the Chair in the summer of 2020.{{cite web|url=http://www.utc.edu/Research/ProbascoChair/|title=Probasco Chair of Free Enterprise|work=utc.edu|accessdate=22 April 2015}} He received the UTC Alumni Board's Outstanding Service Award.

Probasco also donated to the Baylor School, the Chattanooga Chamber of Commerce, the Chattanooga-based Benwood Foundation, Bethel Bible Village, a crisis center for neglected, abused and in-crisis children based in Hixson, Tennessee, the Community Foundation of Greater Chattanooga, and the United Way of Greater Chattanooga. He supported Republican Bill Haslam's gubernatorial campaign in 2010.Tom Humphrey, [http://blogs.knoxnews.com/humphrey/2010/06/haslam-opens-chattanooga-hq-ke.html Haslam Opens Chattanooga HQ; Keeps Most Commentary Light], Knoxville News Sentinel, June 26, 2010

Personal life and death

Probasco was married to Betty Rowland Probasco, a.k.a. Betty Probasco, they resided in Lookout Mountain, Tennessee, a suburb of Chattanooga.John Shearer, [http://www.chattanoogan.com/2003/6/8/37456/Betty-Probasco-Still-A-Golfing-Champion.aspx Betty Probasco Still A Golfing Champion], The Chattagoonan, June 08, 2003 They met at the Chattanooga Golf and Country Club in 1953.David Uchiyama, [http://www.timesfreepress.com/news/2010/may/26/historic-event-at-lookout/?print Historic event at Lookout], Chattanooga Free Times, May 26, 2010 His wife was an avid golfer and a former executive at the Women's Southern Golf Association. They had four children:

  • Zane Probasco Brown. She is married to Greg Brown, who was elected as the Mayor of Lookout Mountain, Tennessee in 2006.Adam Clagg, [http://www.chattanoogan.com/2006/8/23/91477/Greg-Brown-Is-New-Mayor-Of-Lookout.aspx Greg Brown Is New Mayor Of Lookout Mountain, Tn.], The Chattanoogan, August 23, 2006 He was still the Mayor in 2012.[http://www.timesfreepress.com/news/chattanooganow2012/story/2012/mar/25/lookout-mountain-tenn-city-profile/72829/ Lookout Mountain, Tenn.: City Profile], Chattanooga Free Press, March 25, 2012
  • Ellen Probasco Moore.
  • Benjamin Rowland Probasco. He has served on the Board of Directors of Krystal, a fast food restaurant chain, since 1997.[https://www.bloomberg.com/research/stocks/private/person.asp?personId=11277181&privcapId=1039611&previousCapId=320218&previousTitle=The%20Krystal%20Company,%20Inc. Benjamin R. Probasco], Bloomberg Business
  • Scott Probasco, III.

Probasco's sister, Alice Probasco, was married to the late John T. Lupton II, the heir to the JTL Corporation, Coca-Cola's largest bottler until he sold it to the Coca-Cola Enterprises for US$1.4 billion in 1986. Scotty Probasco was known for wearing bowties and smoking Honduran cigars. He died on April 17, 2015.{{cite news|title=Scotty Probasco, Chattanooga philanthropist, dies|url=http://www.wrcbtv.com/story/28837434/scotty-probasco-chattanooga-philanthropist-dies|publisher=WRCBtv|date=April 19, 2015|accessdate=April 19, 2015}}[http://www.timesfreepress.com/news/local/story/2015/apr/18/scott-l-scotty-probasco-jr-businessman-and-philanthropist-died-friday-night/299463/ Scott L. "Scotty" Probasco Jr., businessman and philanthropist, died Friday night], Chattanooga Free Press, April 18, 2015

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