(LR) Bill Provine, Bill Farrell, and Peggy Del Fabbro have been inducted into the 2022 Delaware Business Hall of Fame class. They are due to take office next week. | | Photo courtesy of DISI/M&T BANK/M.DAVIS & SONS
The Wilmington-Delaware Business Hall of Fame’s 2022 class will feature a cross-section of the Delaware economy, with longtime leaders in the construction, banking and science industries.
Inducted into this year’s Hall of Fame is Margaret “Peggy” Davis Del Fabbro, CEO of M. Davis & Sons, a family-owned construction company in Wilmington. William J. Farrell is the recently retired former President and CEO of Wilmington Trust, the investment and institutional services arm of M&T Bank. Bill Provine is a longtime executive at DuPont, Delaware where he led his startup incubator in the innovation space as founding president and CEO.
The trio will be celebrated in a ceremony on October 26 at the Hall’s host and organizer, Junior Achievement Delaware’s Wilmington campus. They join 73 other leaders who have been honored since the Hall was founded in 1990. Winners are selected based on their business, industry, or community achievements that have positively impacted the development of the local economy and workforce.
Junior Achievement of Delaware President Rob Eppes said in a statement announcing the class:
Del Fabro 5th Davis Family She heads a 152-year-old company that runs one of the state’s largest women-owned businesses. She is also active as a leader. Women’s Enterprise National Council (WBENC) is the largest certification body for women-owned businesses in the United States and a leading advocate for women business owners and entrepreneurs.
M. Davis has a diverse portfolio of products and services ranging from modular manufacturing projects to mechanical and electrical services to power distribution products. It continues to grow today.
Provine was a DuPont executive when he began brainstorming ideas for creating a more fertile startup environment in Delaware. Connecting his employer with state government and the University of Delaware, they founded the Delaware Innovation Space. It will provide space and resources for growing start-ups at the DuPont Experimental Station campus. I’m counting Prelude Therapeutics, Versogen, NiKang Therapeutics. First 5 years of success.
Provine told the Delaware Business Times: The award also recognizes that innovation spaces are indicators of economic growth in our communities by building new businesses, creating jobs and enabling generations of entrepreneurs. I believe it reflects. “
Farrell retired in May that’s why He is Executive Vice President and a member of the Management Group at M&T Bank, overseeing the Institutional Investor Services Division. Wilmington Trust was a longtime director of its predecessor, Wilmington Trust Bank.he succeeded him He played a final role in 2005 after being acquired by M&T and helped grow the investment division from annual revenues of approximately $45 million to over $500 million today.
Involved in multi-billion dollar deals around the world, served as owner and receiver of the world’s largest commercial aircraft, and in most of the top 15 largest bankruptcies in history, including General Motors and Lehman Brothers. We represent unsecured creditors.
Originally created in partnership with the Hagley Museum and Library, the Hall of Fame honors historic and retired industrial giants for their impact on state and local economic and workforce development. Hall of Fame later became a partner of the Accolade Alliance to include retired small business owners and entrepreneurs.
Most recently, M&T Bank led the transition and included current and contemporary leaders who act as role models for Junior Achievement students through invention/innovation, entrepreneurship, and/or strategic management. A more diverse and comprehensive selection process has resulted in the selection of five color award winners for 2020, 2021and a growing pool of diverse candidates for future introduction.
For more information on the 2022 Delaware Business Leaders Hall of Fame Reception and Induction Ceremony, please visit the Junior Achievements of Delaware website. https://delaware.ja.org/events/delaware-business-leaders-hall-of-fame