March 
25, 2026 – The Conway Area Chamber of Commerce has named Hendrix
College President Dr. Karen Petersen as its Business Executive of the
Year. The prestigious award recognizes leadership that drives institutional
excellence while fostering significant economic and community growth within the
region.
“Dr. Karen Petersen exemplifies
the kind of leadership that strengthens not only an institution, but an entire
community,” said Brad Lacy, president and CEO of the Conway Area Chamber of
Commerce. “Her vision for Hendrix College and her commitment to partnership
have helped create meaningful opportunities that benefit students,
businesses, and the future of Conway. We are proud to recognize her with this
honor.”
A Catalyst for Community
Growth
Under Petersen’s leadership, the long-standing connection
between Hendrix College and the city of Conway has grown stronger. A primary
example is the continued evolution of The Village at Hendrix. Working closely
with local leaders, Petersen has overseen the growth of new and existing
businesses and the establishment of a new entertainment district. These
developments strengthen the original vision and further establish the
area as a welcoming hub where campus life and the Conway community come
together, directly boosting local economic activity.
“Hendrix and Conway have always
been dependent upon one another for success,” said Petersen. “The Chamber’s
recognition reflects the strength of that relationship and a shared belief in
what we can build together. We are preparing students for lives of purpose, and
that work is stronger because of the partnership we have in Conway.”
Future-Ready Education
Petersen
is also leading a transformation of the Hendrix academic experience.
This fall, the College will launch a new initiative that integrates meaningful
professional experience into the liberal arts curriculum. This approach ensures
that graduates are not only well-educated but are also ready to enter the
workforce with the confidence and purpose required by a rapidly changing
society.
Long-Term Institutional
Strength
Further securing the College’s
future, Petersen recently announced a $10 million matching challenge from
the Windgate Foundation. This historic gift is designed to strengthen the
Hendrix endowment, ensuring long-term financial stability and expanding
scholarship access for future generations of students.
As Hendrix College
moves toward its next 150 years,
Petersen remains focused on a dual mission: preparing students for
meaningful lives and serving as a cornerstone for the region’s continued
prosperity.
About Hendrix College
Founded in 1876, Hendrix College
is featured in Colleges That Change Lives: 45 Schools That Will Change the Way
You Think About Colleges and celebrated among the country’s leading liberal
arts colleges for academic quality, engaged learning opportunities and career
preparation, vibrant campus life, and value. The Hendrix College Warriors
compete in 21 NCAA Division III sports. Hendrix has been affiliated with the
United Methodist Church since 1884. Learn more at www.hendrix.edu.
“… Through engagement that
links the classroom with the world, and a commitment to diversity, inclusion,
justice, and sustainable living, the Hendrix community inspires students to
lead lives of accomplishment, integrity, service, and joy.” –Hendrix College Statement of Purpose