Dave Bing

Chairman The Bing Group – Detroit, Michigan Dave Bing Chairman The Bing Group Detroit, Michigan Dave Bing first won acclaim on the basketball court where he was voted an NBA all star in eight of his twelve years with the Detroit Pistons. He has been voted one of the top 50 basketball players of all time. He was inducted into the Michigan Hall of Fame in 1984 and the Naismith Hall of Fame in 1990. However, Mr. Bing is not, and never was, simply an athlete. While attending Syracuse University on a basketball scholarship, Bing earned degrees in economics and marketing. And rather than live it up during off-seasons as a pro, he spent summers training with the National Bank of Detroit and Chrysler Corporation. Mr. Bing retired from the NBA in 1978 and two years later launched Bing Steel, a small steel cutting business supplying the auto industry. He located his business in one of the worst neighborhoods in Detroit, in part because that’s what he could afford, but primarily because he intended for his business to provide employment opportunities for the poor and disadvantaged. Today, The Bing Group employs 1,500 people (80% of whom are African- American), and is approaching $400 million in sales. The company supplies everything from metal stampings for car frames to sleek leather seats for the Chevrolet Corvette. Dave Bing serves on the Boards of Directors of Detroit Edison, the Lear Corporation, Steelcase, and several other companies. He also serves on the Boards of Advisors for Boys and Girls Clubs of Southeastern Michigan, Junior Achievement, Detroit Urban League, Children’s Hospital and many other organizations. Mr. Bing is the father of three daughters and the proud grandfather of three grandchildren.