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BS, Accounting, Utah State University, 1968
MBA, University of Utah, 1971
USU Huntsman School of Business National Advisory Board
Larry Hendricks graduated from Utah State University in 1968 with a bachelor's degree in accounting. The following two years he served in the US Army in Vietnam. After his service, he attended the University of Utah and graduated in 1971 with a MBA.
In 1972, he passed the CPA exam and went to work for Peat Marwick and Mitchell. Four years later, he went to work for American Strevell, a large grocery and hardware wholesaler, as controller and eventually V.P. of finance. In 1981, American Strevell went into Chapter 11 bankruptcy and Mr. Hendricks began a ten-year experience with self-employment and entrepreneurship. Major projects were Western Heritage Thrift and Loan, Commonwealth Management, Quality Inn of Las Vegas, Trolley Village Condominiums, Skin Care International, Turrex International, North America Equities and A & R Meats.
In 1990, Mr. Hendricks and a major investor bought the A & R Meat building and renovated it into a bacon-processing plant and started Daily Foods, Inc. He became general manager and V.P. of finance, member of the board of directors and a significant stockholder. Daily Foods became widely known for producing premium bacon products, reaching $100 million in sales in 2005 when it was acquired by Seaboard Industries. Major customers were the U.S. Government, McDonalds, Arby's, Whataburger, Sysco and the Las Vegas Hotels. He elected to retire in 2002 and spends much time traveling with his family and playing competitive softball.
Mr. Hendricks is a member of the Utah Association of CPA's and the American Institute of Certified Public Accountants (AICPA) as well as serving on the board of directors of Clearone, an audio manufacturing company, and Tunes International, Inc., an auto repair company. In his spare time, he has taught accounting and economics courses at Weber State University and the LDS Business College.
For seven years Mr. Hendricks served on the development board for St. Vincent DePaul Food Kitchen. He continued his charitable service by serving as treasurer and on the board of directors for Habitat for Humanity. He was with Habitat for Humanity for four years. He now serves on the board for the Davis County Women's Shelter.
Mr. Hendricks is married to Myra who is also a USU alum. They have five children and they make their home in North Salt Lake, Utah. They established the Hendricks Family Scholarship in the Jon M. Huntsman School of Business and have given a total of $83,520 to the university.
The Shingo Prize
Partners In Business
3500 Old Main Hill
Logan, UT 84322-3500