APSU alumnus Pace receives Tennessee Board of Regents philanthropy award

Clarksville, TN – Wayne Pace (’68), Austin Peay State University alumnus and former executive vice president and chief financial officer of Time Warner Inc., was recently honored by the Tennessee Board of Regents for his unwavering generosity toward his alma mater.

In late April, TBR Vice Chair Emily Reynolds presented Pace with the 2015 Regents Award for Excellence in Philanthropy.

Several years ago, Pace and his wife, Bobbi (’69), gave a sizeable donation to APSU for a much needed renovation and expansion of the Emerald Hill Mansion. Their gift helped preserve the antebellum home, which is listed on the Register of Historic Places, and it is now referred to as the Pace Alumni Center at Emerald Hill.

That large gift, however, only represents a small portion of his generosity toward APSU. Pace would go on to establish six endowed scholarships at the University. In 2013, he rallied support from the community to create the Ben Fendley Athletic Scholarship at Austin Peay, in honor of his former basketball coach. Pace made a generous contribution to that scholarship as well.

In addition to helping lead Time Warner Inc., Pace served as vice chair and chief financial and administrative officer at Turner Broadcasting System Inc., and he was responsible for the historic October 1996 merger of Turner Broadcasting and Time Warner.

“Austin Peay is a stronger institution thanks to Mr. Pace’s generosity,” APSU President Alisa White said. “We are fortunate to have him as one of our key supporters. “