M.B. (Bud) Seretean

M.B. (Bud) Seretean

Inducted in: 
1994

Few flooring executives had a run of success like Bud Seretean. He co-founded Coronet Industries in Dalton in 1956 and served as Chairman and CEO for 30 years. The carpet, furniture and wall coverings manufacturer quickly grew to $400 million in sales and 4,000 employees and was purchased in 1971 by RCA Corp. Seretean’s entrepreneurial spirit continued after his decades at Coronet. His other successful business ventures included co-founding Opti World in Atlanta, which was ultimately sold to Lens Crafters; and co-founding ABC-TV affiliate WGXA in Macon, Ga. His love of sports led him to the NBA in the 1970s when he co-owned the Atlanta Hawks, where he served as President and General Manager until it was later sold to Ted Turner.