NMSU business college inducts three into Hall of Fame

April 8, 1999 by Rachel Kendall NMSU News Center

New Mexico State University’s College of Business Administration and Economics will induct business leaders Raymond L. Kysar of Farmington, Michael J. Maloof of Albuquerque and Paulina Utz Salopek of Las Cruces into its Hall of Fame April 23.

Kysar received his bachelor’s degree in business administration from NMSU in 1953. He is the founder and chief executive officer of the Kysar Insurance Agency in Farmington and owner of the Diamond K Bar Ranch in Cedar Hill. He has served as state senator from District One in San Juan County since 1988.

He also is the founder and director of Electrical Energy Services, Industrial Mechanical Inc. and Valley Bank, now Sunwest Bank. He is on the board of directors of San Juan Medical Center and the Salvation Army and is director of the Farmington Chamber of Commerce.

Kysar served on the Business Advisory Council to the dean of NMSU’s business college from 1980 to 1994 and received the college’s award for distinguished alumni in 1981.

Maloof received his bachelor’s degree in business administration from NMSU in 1955. He is a director and the executive vice president of Maloof Companies in Albuquerque and serves on the board of directors of First Security Bank.

He is a member of the National Beer Wholesale Association and president of the Rocky Mountain Beer Wholesale Association. He also is past president of Keep New Mexico Beautiful and the Great Southwest Council of Boy Scouts of America.

Maloof received the Distinguished Alumni award in 1975 from NMSU’s business college and currently serves on the college’s Business Advisory Council.

Salopek received her bachelor’s degree in business administration from NMSU in 1955. She is a partner and manager of David Salopek Farms of Las Cruces and serves on the boards of Dona Ana Farm and Livestock Bureau, Las Cruces Public Schools Foundation and NMSU Alumni Association.

She is a member of the California, Arizona, Texas, Oklahoma, Georgia and Southeastern Pecan Growers associations and was the first woman president of the Western Pecan Growers and the Federated Pecan Growers Association of the United States. She also is chair of the Dona Ana County Planning and Zoning Commission and a member of the Governor’s School-to-Work Advisory Board.

Salopek serves on the Business Advisory Council for NMSU’s business college and is a member of the NMSU President’s Associates.

Kysar, Maloof and Salopek will be formally inducted into the NMSU Business Hall of Fame during ceremonies at 7 p.m. Friday, April 23, at the Holiday Inn de Las Cruces. For reservations or ceremony information, call Beatriz Delgadillo at (505) 646-3587.

The NMSU Business Hall of Fame was established in 1997 to honor outstanding alumni of the college who have distinguished themselves in their careers. Significant career accomplishments as well as service to business, education and government all are important factors in the selection process.

Last year’s Hall of Fame members are A.D. Bowen of Abilene, Texas, and Thomas Tarasoff of Phoenix, Ariz. Charter members are Ben Haines of Las Cruces, J. Paul Boushelle of Albuquerque and Carl Everett, originally of Hobbs.

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