In college he was a first-team All-American in basketball and led the Purple Knights to the Final Four of the 1965 NCAA Men's Division II Basketball Tournament, where they were defeated 93-70 by the University of Evansville, who had Jerry Sloan and Larry Humes, both All-Americans.
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Between 1995 and 2005, Tarrant was the chairman of the board of IDX.
After working at IBM as a computer programmer, he founded Burlington Data Processing (BDP) in 1969 with Richard Tarrant.
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