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Tom Love

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American billionaire businessman (1937–2023) For the Kansas politician, see Tom Love (politician).
Tom Love
BornOctober 1937 (1937-10)
Oklahoma City, Oklahoma, U.S.
DiedMarch 7, 2023(2023-03-07) (aged 85)
Oklahoma City, Oklahoma, U.S.
EducationSt. Gregory's High School
Alma materSt. John's University (dropped out)
University of Oklahoma (dropped out)
Occupation(s)Executive Chairman, Love's Travel Stops & Country Stores
SpouseJudy Love
Children4
ParentF. C. Love

Thomas E. Love (October 1937 – March 7, 2023), was an American billionaire businessman. He was the founder, owner, and executive chairman of Love's Travel Stops & Country Stores.

Early life

Thomas E. Love was born in Oklahoma City in October 1937, one of six siblings. He was the son of F. C. Love, a lawyer who was later president of the oil company Kerr-McGee, and Margaret Eugenia Vessels Love. Thomas was the descendant of two Chickasaw families, both named Love, who were forced to participate in the Trail of Tears. He was a descendant of Benjamin Love, who was the official interpreter for the Chickasaw people.

At age 13, he left home to be educated as a boarder at St. Gregory's High School in Shawnee, where he was a standout football player.

Love attended St. John's University in Collegeville, Minnesota, but left after less than one semester. He then joined the U.S. Marine Corps and over a three-year career, rose to the rank of corporal. After leaving the Marines, he married and decided to try college once more. He dropped out of the University of Oklahoma in 1964.

Career

Initially, Love owned restaurants and car washes, until he discovered an opportunity in abandoned gas stations.

In January 1964, Love and his wife Judy leased a self-service gas station in Watonga, Oklahoma. Love went on to open another 30 gas stations. Then in 1971, he decided to merge self-service gas stations with convenience stores and the business continued to grow.

Today, Love's Travel Stops & Country Stores is a national chain with more than 600 locations in 42 states.

Personal life and death

Tom and Judy Love married on December 26, 1961. They had four children and lived in Oklahoma City. Three of their children work for the company. Frank Love and Greg Love are co-CEOs, and Jenny Love Meyer is the vice president of communications.

Judy Love was secretary of Love's Travel Stops and president of Love's Family Foundation. She sat on the boards of Oklahoma City University, SSM Health Care, the St. Anthony Foundation, Oklahoma City Museum of Art, Civic Center Music Hall, Allied Arts, Community Foundation, and the University of Central Oklahoma Foundation.

Tom Love died in Oklahoma City on March 7, 2023, at age 85. He was posthumously awarded an honorary degree from the University of Oklahoma in May 2024.

References

  1. ^ "Margaret Eugenia Vessels Love". NewsOK. February 3, 2005. Archived from the original on 14 February 2015. Retrieved 14 February 2015.
  2. ^ "Tom Love". SMEI Academy of Achievement. Archived from the original on 12 March 2016. Retrieved 12 February 2015.
  3. ^ Shottenkirk, Marcia (April 9, 2007). "The Century Club: Tom Love, CEO of Love's Country Stores". The Journal Record. Archived from the original on 2017-12-15. Retrieved 12 February 2015.
  4. ^ "Chickasaw.tv | Tom Love". www.chickasaw.tv. Archived from the original on 2 December 2022. Retrieved 15 March 2022.
  5. ^ May, Bill (July 1, 1995). "Diligence, Good Sites Give Love Midas Touch". The Journal Record. Archived from the original on February 22, 2016. Retrieved 12 February 2015.
  6. ^ "Forbes profile:Tom & Judy Love". Forbes. Retrieved 17 March 2018.
  7. ^ "Love's Travel Stops & Country Stores Inc". Loves.com. Retrieved 8 March 2023.
  8. Jane Jayroe (25 January 2011). Devote Forty Days. Tate Publishing. pp. 125–126. ISBN 978-1-61739-098-2.
  9. Lackmeyer, Steve (7 March 2023). "Tom Love, founder of Love's Travel Stops, dead at age 85". The Oklahoman. Retrieved 7 March 2023.
  10. "Tom Love, founder of Love's Travel Stops passes; he was 85". Truckers News. March 7, 2023.
  11. "2023 Honorary Degree Recipients". www.ou.edu. Retrieved 2024-06-04.
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