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Troy Stovall Joins Butler Snow Advisory Services

By September 19, 2013 No Comments

RIDGELAND, Miss. – Sept. 19, 2013 – Butler Snow Advisory Services, a leading strategic
consulting and transaction advisory company based in greater Jackson, Miss., has added Troy A.
Stovall as its newest principal. Stovall brings more than 25 years of experience in technology,
consulting, higher education, private equity and operations.

“Troy has extensive experience and a unique skill set that will help our clients identify opportunities
that will propel them to the next level,” said Barry Canada, Chairman of Butler Snow Advisory. “We
look forward to this partnership and we’re glad to have him on our team.”

Prior to joining BSAS, Stovall founded and still serves as managing member of LeMaile Stovall LLC,
a management consulting firm serving for-profit and nonprofit firms focused on strategy,
operational performance and fundraising.

“We are excited to welcome Troy to the Butler Snow Advisory team,” said Matt Thornton, founder
and Managing Principal of Butler Snow Advisory. “His experience and skill set are a unique blend
for our organization and we are thrilled to have him on board.”

Stovall also previously served as executive vice president and chief operating officer of Howard
University and as senior vice president and chief financial officer of Jackson State University (JSU).
In both roles, he led various construction, renovation, educational, and information technology
projects including: a redesign of benefits at Howard University that resulted in a $9 million savings,
co-leading the launch of Howard’s online executive MBA program, and leading more than $300
million in new construction and renovation projects at JSU.

Before arriving at JSU, Stovall was co-founder and CEO of GulfSouth Capital, Inc. and managing
general partner of GS Ventures (GSV), LLC. At GulfSouth, Stovall was responsible for overall
investment and fundraising responsibility for more than $100 million across three funds.
He has also served as a senior engagement manager at the strategy management-consulting firm,
McKinsey & Co., where he was a leader in the group’s telecom practice. His other professional
experiences include positions with Southwestern Bell, AT&T Bell Labs and Rockwell Collins
Transmission Systems Division.

Stovall– a Houston native – is a frequent speaker on topics including venture capital, motivation,
economic development and higher education administration. He has authored or contributed to
published documents on wireless data, entrepreneurship, venture capital, economic development
and activity-based costing.

Stovall was previously appointed to the Commission on E-Government and the Special Task Force
for Economic Development Planning by Miss. Governor Ronnie Musgrove and the Southern
Growth Policies Board Technology Council, and the Mississippi Governor’s Commission on Tax
Reform by former Miss. Governor Haley Barbour.

Stovall holds a bachelor’s degree in electrical engineering with a minor in mathematics from
Southern Methodist University, where he graduated cum laude; a master’s degree in computer
science from Stanford University; and an MBA from the Harvard Business School.

About Butler Snow Advisory
Butler Snow Advisory Services, LLC, is a subsidiary of the law firm of Butler, Snow, O’Mara,
Stevens & Cannada, PLLC. With offices in Greater Jackson, Miss., Nashville, and Memphis, Tenn.,
Butler Snow Advisory works with clients throughout the country as they address their most critical
challenges, assisting them in leading their businesses through periods of growth, transformation,
turnaround or restructuring. For more information, visit