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About Dennis Carothers Stanfill
- Dennis Carothers Stanfill (born April 1, 1927) is an American business executive, Rhodes Scholar and philanthropist.
- He is best known for his stewardship of the 20th Century Fox Film Corporation from 1971 to 1981 as chairman and chief executive officer, succeeding Darryl F.
- Zanuck.
- He joined Fox in 1969 in the newly created post of executive vice president-finance, and at the same time became a member of Fox’s board of directors and executive committee.
- Prior to joining Fox, he served as vice president at the Times Mirror Company, and at Lehman Brothers in New York as a corporate finance specialist. During his tenure at Fox the studio was turned around from near bankruptcy, partly as a result of the extravagant prior managements.
- Under Stanfill’s guidance, Fox became a diversified, prosperous company largely through internal development and acquisition activities.
- The market value of Fox’s common stock in the early 1970s was approximately $40 million; its 1980 sales were $865 million with after-tax profits of $55 million.
- Stockholders received over $800 million in cash and stock when Fox was sold in mid-1981.
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