Henry L. Coaxum, Jr., a New Orleans business executive and civic leader, is one of this year’s recipients of the McDonald's 365Black Awards. The national awards salute outstanding individuals who are committed to making positive contributions that strengthen the African-American community.
Coaxum was honored at the awards ceremony which will was held Saturday, July 5, 2014, at the Ernest N. Morial Convention Center during the 20th anniversary of the ESSENCE Festival™ presented by Coca Cola® in New Orleans.
Coaxum, president of Coaxum Enterprises, Inc., is the owner/operator of seven McDonald’s restaurants in New Orleans. For the past four years, Coaxum has been serving as chairman of the New Orleans Business Alliance -- an appointment by New Orleans Mayor Mitch Landrieu, launching the city’s first-ever public-private partnership for economic development. He also is serving as treasurer of the city’s Hospital Service District Board that is overseeing the development and operation of a full service hospital in Eastern New Orleans.
"We are excited to recognize these outstanding individuals for their incomparable contributions to the community," said Rob Jackson, McDonald's U.S. marketing director. "Like our honorees, McDonald's is committed to being deeply rooted in the communities we serve 365 days a year. That's why we strive to continually create positive platforms, such as the 365Black Awards, that bring social awareness to areas that are important to our neighbors."
Coaxum is an active member of the Louisiana Restaurant Association (LRA) and serves on the board of trustees for the LRA Self Insurer's Fund, which has served the restaurant and hospitality industry workers' compensation needs for more than 32 years.
"Henry's commitment to the restaurant industry, his employees, his family and his community is truly remarkable," said Stan Harris, LRA President/CEO. "I am proud to work with him in service to our industry, and especially of his philanthropic dedication to many worthy causes."