Lieutenant Colonel Aubrey B. Stacy of the United States Army is from Malvern. Lieutenant Colonel Stacy graduated as a distinguished military graduate from Henderson State University in Arkadelphia in 1966. He completed two combat infantry tours in Vietnam, where he earned two Silver Star medals, two Bronze Star medals (one with V device for valor), two Purple Hearts, and an Air Medal. He retired in 1989 after more than 22 years of service.

On April 23, 1968, First Lieutenant Infantry Aubrey Bruce Stacy received the Silver Star medal for gallantry during military operations against an enemy force. On June 23, 1967, Lieutenant Stacy acted heroically while serving as a platoon leader with Company 1/4 Battalion, 23rd Infantry Regiment, 25th Infantry Division in the Republic of Vietnam. When his platoon sustained casualties, Lieutenant Stacy placed his men in position and attacked enemy emplacements, successfully overrunning them and pursuing the Vietcong amidst heavy explosions. Despite his radio being rendered useless, he exposed himself to enemy fire to signal his men, resulting in many insurgent casualties.

Lieutenant Stacy's actions demonstrated bravery, aggressiveness, and dedication to duty, reflecting credit upon himself, his unit, the 25th Infantry Division, and the United States Army. He is the first recipient from Malvern.