Bob Franke, Kevin Scanlon
Image by Amanda Hoelzeman

Bob Franke, Kevin Scanlon

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Martine Pollard, Karen Garrett, Katie Burns
Image by Amanda Hoelzeman

Martine Pollard, Karen Garrett, Katie Burns

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Jeff Hankins, George Gleason
Image by Amanda Hoelzeman

Jeff Hankins, George Gleason

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Jason Lenderman, Chad Carlson, Rob Tiffee, Mary Ellen Vangilder
Image by Amanda Hoelzeman

Jason Lenderman, Chad Carlson, Rob Tiffee, Mary Ellen Vangilder

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Todd Davis, Parker McKinley, Harriett Aubrey, Hilary Woosley, Harper Woosley, Bishop Woosley, Peggy and Keith Woosley, Tammy Woosley
Image by Amanda Hoelzeman

Todd Davis, Parker McKinley, Harriett Aubrey, Hilary Woosley, Harper Woosley, Bishop Woosley, Peggy and Keith Woosley, Tammy Woosley

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David Druey, Eric King, Kent Dover
Image by Amanda Hoelzeman

David Druey, Eric King, Kent Dover

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Graham Cobb, Chip Taulbee
Image by Amanda Hoelzeman

Graham Cobb, Chip Taulbee

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Cathe Carnes and her son Matthew Carnes
Image by Amanda Hoelzeman

Cathe Carnes and her son Matthew Carnes

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Gretchen Hall, Walter Burgess
Image by Amanda Hoelzeman

Gretchen Hall, Walter Burgess

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Jake Sligh, Greg Churan
Image by Amanda Hoelzeman

Jake Sligh, Greg Churan

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A luncheon honoring the newest class of 40 Under 40 business and community leaders, featuring speaker Kevin Scanlon, was held by Arkansas Business Wednesday at the Doubletree Hotel, 424 W. Markham St., Little Rock.

"You've done so much at a young age," said Scanlon, executive vice president and manager of the Private Client Group at Stephens Inc. and former Arkansas Razorback Southwest Conference champion and All Conference quarterback, who was a member of the first 40 Under 40 class 19 years ago. "I'm humbled by the outstanding group here today."

The honorees -- who include Bishop Woosley of Arkansas Scholarship Lottery, Gretchen Hall of Little Rock Convention and Visitors Bureau and Philip Mann of Arkansas Symphony Orchestra -- were selected from more than 500 new nominations plus dozens of still-eligible nominations from earlier years.

"You have been nominated as a leader," Scanlon said to the 430-some audience members. "My question to you is: What happens next? The word 'potential' is now associated with your name. Is this the ceiling, or the foundation you will build upon?"

Challenges to leadership, Scanlon said, include becoming satisfied, becoming complacent, not understanding the concept of sudden change, and becoming fearful, which manifests as hesitation and procrastination.

He recalled that Razorback football coach Lou Holtz was known to tell his players, "You get better or worse -- you never stay the same."

To get better, "You have to have a plan, and to have a plan, you have to dream," Scanlon said. "Establish a pattern of seeking personal growth. Help others -- you have so much to give. And strive to make this a better world. Give back. We need you."

To read profiles and see photos of each of the 40 honorees click here. Click below to watch a video about the event.