The Loudermilk Center for Excellence was made possible in part by a generous contribution from R. Charles Loudermilk Sr., a long-time friend and benefactor of UNC academic and athletic interests. Born in Atlanta, Mr. Loudermilk graduated from Carolina in 1950 with a degree in commerce and was good friends with many Tar Heels who made the Justice Era of the late 1940s such a memorable chapter in Tar Heel football.
In 1955, Mr. Loudermilk launched a furniture rental business in his hometown, naming it Aaron Rents so that it would be listed first in the phone book. The business grew into a multi-billion dollar concern and today is known as Aaron’s, Inc.
Mr. Loudermilk in 2011 remained as chairman of the company. His past support of Carolina includes gifts to expand the Kenan-Flagler Business School’s executive education facilities at the Rizzo Conference Center. He was also the major contributor toward the statue of Charlie Justice that stands outside the Kenan Football Center. Mr. Loudermilk’s many honors include the William R. Davie Award, the highest recognition given by the UNC Board of Trustees. He has also served on the Board of Visitors of UNC’s Kenan-Flagler Business School.