Eddie Maloney, president and CEO of Cowboy Maloney’s Electric City Appliance Centers, died Thursday at the age of 71, according Johnny Maloney.
“He was a hell of a guy,” said Johnny, who is Eddie’s brother. “It is a huge loss for us.”
Eddie had been in business with his brothers as owners of the business since the late 1960s.
Maloney attended St. Richards Catholic School, Holy Family Catholic School and St. Joseph High School where he excelled in basketball and baseball and made long lasting friends during his summer months playing all-star baseball.
He was a member of St. Richards Catholic Church where he enjoyed his small group sessions and he sang in the choir and served on many church committees.
He served as chairman of the Greater Jackson Chamber Partnership and President of Jackson Preparatory School Foundation, President of the Country Club of Jackson, St. Dominic Hospital Foundation, St. Catherine Village Foundation and Hospice of Mississippi.
Maloney received the CEO award from the Mississippi Business Journal and was also honored as a Captain of Mississippi by the Cystic Fibrosis Foundation Mississippi Chapter.
Maloney received the American Heritage Award from the Anti-Defamation League and the Samaritan Award from the Catholic Church at the Bishop’s Ball along with the Image Award in Business from Phi Beta Sigma Fraternity Mu Sigma Chapter. Eddie is a past recipient of the Newcomen Award in Mississippi.
Maloney was co-owner of the Jackson Mets and Jackson Generals baseball clubs. While with the Mets, Frank Cashen the General Manager of the Mets stated many times that Eddie had the best job in baseball, “keeping the beer cold and playing golf.” Eddie was an owner and director of Ryan-Sanders Baseball.
Cowboy Maloney’s secured its place in history by selling the first DirecTV home satellite system. The NATM buying group dealer would go on to serve as the launch pad for other groundbreaking technologies, including satellite radio, selling the first Sirius car audio system in the nation in 2002, and dishNET a high-speed satellite Internet service offered nationwide.
Maloney was president of the Ole Miss Alumni Association and earned his Bachelor of Business Administration in 1972 from UM and served as president of the Business Advisory Board and served on the Ole Miss Athletics Committee. He was a member and former officer of Sigma Nu Fraternity.
He was an avid golfer and enjoyed his escapes on the different courses he played, and the new friends he met and the friendships that were formed.
He lived in Jackson with his wife Rhoda. They have three daughters, Lindsey, Leigh Anne and Kelly, and four grandchildren.