Our History
The Hyde family has a rich history that began back in the early 1900’s with the establishment of Malone & Hyde, a grocery business that was ultimately listed on the New York Stock Exchange. These humble beginnings led to over 100 years of hard work, successful entrepreneurship and devotion to community.

2023

Hyde Family Foundation rebrands

2023

PDI Spirits established

2022

Pittco rebrands

2021

Pittco Direct Investments established

2018

Joseph R. “Pitt” Hyde III receives Freedom Award

2004

Joseph R. “Pitt” Hyde III inducted into Automotive Hall of Fame

2002

Pittco Capital Partners established

2001

Joseph R. “Pitt” Hyde III & Barbara Hyde part of syndicate that brings Grizzlies NBA franchise to Memphis

1997

Joseph R. “Pitt” Hyde III joins the FedEx board of directors

1997

AutoZone opens its 1,500th store & Joseph R. “Pitt” Hyde III retires as CEO and chairman of AZO

1995

1,000th AutoZone store opens

1992

J. R. Hyde III Family Foundation established

1991

META Real Estate Partners launched as Worthington Hyde Partners

1991

AutoZone listed on NYSE

1991

Pittco Management, LLC is established

1991

Joseph R. “Pitt” Hyde III aids in establishing National Civil Rights Museum

1989

On its 10th anniversary, AutoZone opens its 500th store

1988

Sold Malone & Hyde

1987

Auto Shack changes to AutoZone

1986

Auto Shack spins out of Malone & Hyde

1984

Partnered with KKR to complete the first buyout of a public company by tender offer, acquiring Malone & Hyde

1979

First Auto Shack opens in Forrest City, Arkansas

1978

Joseph R. “Pitt” Hyde III joins the Wal-Mart board of directors

1972

Joseph R. “Pitt” Hyde III becomes President & CEO of Malone & Hyde

1961

1961 J. R. Hyde Senior Family Foundation established

1961

Malone & Hyde listed on NYSE

1907

Malone & Hyde Grocery Established (Joseph R. Hyde, Senior)