Frank D. White - Business Success

Business Success

In 1961, having left the Air Force, White became an account executive for Merrill Lynch. He held that position until 1973, when he joined banker Bill Bowen in the management of Commercial National Bank in Little Rock. Bowen was a staunch Democrat who later opposed White politically though the two maintained a cordial business relationship.During this time, White would serve as the first Director of the Little Rock Port Authority from 1972 to 1973.

White was appointed by Democratic Governor David Hampton Pryor to head the Arkansas Industrial Development Commission. The industrial panel was originally created by Democratic Governor Orval Eugene Faubus and first directed by Winthrop Rockefeller, who in 1966 used his experience in the AIDC to get elected as Arkansas' first Republican governor in modern times. White left the AIDC after two years and became president of Capital Savings and Loan Association in Little Rock. Democrats later derided White's tenure at AIDC by pointing out that the number of industries which came to the state was much reduced from earlier and later years, a situation that Republicans attributed to a national recession.

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