Billy
Webster

Leader | Educator | Entrepreneur | Philanthropist 

Billy Webster of Advance America

About

William M. Webster, IV is a American business leader & entrepreneur that has served in government at the highest levels and is active in community and philanthropic endeavors. 

Job Creator

William Webster has not only focused on growing successful companies, but also providing quality jobs.

William M. Webster IV has a diverse knowledge of business and finance. Mr. Webster holds an Executive Masters Professional Director Certification, the highest level, from the American College of Corporate Directors, a public company director education and credentialing organization.

Public Servant

Billy Webster has served the public by fighting for voting rights, educational opportunity and quality healthcare.

As a White House Fellow, Billy Webster was appointed by President George H. W. Bush as an Assistant to the Administrator, Agency For International Development. From there, he served as Chief of Staff of Presidential Personnel during President Clinton’s transition, Chief of Staff at the United States Department of Education and Assistant to the President, Director of Scheduling and Advance for President Bill Clinton.

In The News

Get to know more about William Mendenhall Webster IV with information compiled from around the web. 

Education

1975-1979
B.A. English and German. Summa cum Laude, Phi Beta Kappa, Omicron Delta Kappa, Executive Committee of the Student Body. Jim Stump Prize in German, Holbrook Barber Scholarship.

Washington & Lee University

1979-1980
Fulbright Scholarship
University of Regensburg, Germany
1980-1983
Juris Doctor
University of Virginia School of Law

Skills & Hobbies

Experience

ORGANIZATION

POSITION

PERIOD

CAMPUS LINEN SERVICE Lexington, VA

Owner

1978-1979

Owned and operated service which provided sheets, towels etc. for Washington & Lee University  students.  

CARABO INC.
Greenville, SC

President

1987-1992

Responsible for day to day operations, finance, marketing, construction, human resources and  strategic planning for Carabo, Inc. which owned and operated 27 Bojangles Chicken ‘n Biscuit  restaurants in South Carolina; annualized sales for FY ’92: $24 million; approximately 1,000  employees. Carabo was sold to Bojangles Acquisition Corporation in August 1992.  Executive Vice President 1984-1987  Unit Director 1983-1984  Co-Manager 1983

AGENCY FOR INTERNATIONAL DEVELOPMENT

White House Fellow

Aug ‘92 – Sep ‘93

Appointed by President George Bush at the recommendation of the non-partisan President’s  Commission on White House Fellowships. Worked as Special Assistant to the Administrator, focusing  on restructuring and reorganization issues at AID.

PRESIDENTIAL TRANSITION TEAM

Chief of Staff

‘92 – Jan ‘93

Worked directly with Governor Richard W. Riley, Director of Presidential Transition Personnel.  Responsible for coordination and administration of sub-Cabinet appointments in the Clinton  Administration  

UNITED STATES DEPARTMENT OF EDUCATION

Chief of Staff to Secretary Richard W. Riley

Jan ’94 – Oct. ‘95

Responsible for oversight of Department of Education management ($32 billion budget, 5,000  employees); political liaison to the White House; advisor to the Secretary on general education policy  matters. 

The WHITE HOUSE

Assistant to the President and Director of Scheduling and Advance

Oct ’94 – Oct. ‘95

Responsible for coordination and planning of all Presidential events: responsible for all Presidential meetings and briefings and for supervision and coordination of all Presidential travel. Management responsibility of staff of 25 full-time and 300 part-time employees.

EDUCATION MANAGEMENT CORPORATION

Executive Vice President

May ’96 – May ‘97

Responsible for corporate development and management of direct functional areas including legal,  management information systems, governmental relations, human resources and the National Center  for Professional Development. Coordinated EMC’s initial public offering (IPO completed 10/31/96)  and corporate reorganization.  

ADVANCE AMERICA, CASH ADVANCE CENTERS, INC.

President & Chief Executive Officer

Jul ’97 – Aug ‘05

Co-founder and principal executive officer for Advance America, Cash Advance Centers, Inc. (NYSE:  AEA) Responsible for organization and execution of national roll-out of deferred deposit, overdraft  protection concept.  

ADVANCE AMERICA, CASH ADVANCE CENTERS, INC.

Chairman of the Board

Aug ’08 – Apr ‘12

Advance America sold April, 2012 to Grupo Elektra, SA

Wofford College

Adjunct Professor – Health Care Policy

2012 – Present

Blog

Professional Activities

Board of Directors, LKQ Corporation (NYSE: LKQ)

Board of Directors, Golub BDC (NASDAQ: GBDC); Chair, Audit Committee

Board of Directors, Compass Systems, Inc.

Board of Trustees, Washington and Lee University (2008 – 2017)

Board of Trustees, Converse College (1998 – 2010) Chairman, 2007-2010

Board of Trustees, Spartanburg Day School (2004 – Present) Chairman, 2012-2015

Board of Trustees, Liberty Fellowship (2005 – 2017)

Board of Trustees, Greenville Health System (2010 – Present) Chairman, 2013-2015

Board of Trustees, Spartanburg Regional Hospital System, Cancer Foundation (2012-2017) Chairman 2014-2016)

Board of Visitors, MD Anderson Cancer Center (2008-Present)

Board of Directors, New York Road Runners Advisory Council (2015-Present)

Billy Webster (William M. Webster IV)
Billy Webster of Advance America
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Name: William M. Webster IV
Address: Spartanburg, SC
Phone: Upon Request
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