Phil Walden (January 11, 1940 – April 23, 2006) was co-founder of the Macon, Georgia-based Capricorn Records with his younger brother Alan Walden and a good friend and former Atlantic Records executive, Frank Fenter. He graduated from Mercer University where he was a member of Phi Delta Theta. Walden served as Otis Redding’s manager from 1959 until Redding's death in 1967. Walden hosted one of Redding's first shows at the Phi Delta Theta lodge in the sixties.