Albert T. Annexstad Explained

Albert T. Annexstad
Alma Mater:Minnesota State University, Mankato
Occupation:Businessman
Spouse:Cathy Annexstad
Children:Thomas Annexstad Patti Marinovich

Albert T. Annexstad is an American businessman and philanthropist.

Early life

Minnesota-born Annexstad graduated from Minnesota State University, Mankato.[1]

Career

Annexstad started his career in marketing at the Federated Mutual Insurance Company in 1965.[2] He served as its President and Chief Executive Officer from 1999 to 2012, and as its Chairman from 2000 to 2012.[1] [2] He retired in 2012.[2]

Annexstad was inducted into the Minnesota Business Hall of Fame in 2006.[3] He was the 2010 recipient of the Horatio Alger Award from the Horatio Alger Association of Distinguished Americans.[1]

Philanthropy

Annexstad co-founded the Annexstad Family Foundation with his wife in 2000.[2] Through their foundation, they give scholarships to Big Brothers Big Sisters alumni who attend college.[2]

He serves on the Board of Trustees of Gustavus Adolphus College.[1] He was the 2005 recipient of an honorary doctorate from the college.[2]

Personal life

Annexstad has a wife, Cathy.[2]

Notes and References

  1. Web site: 2010 Horatio Alger Award Winner: Albert T. Annexstad. Horatio Alger Association of Distinguished Americans. November 10, 2015.
  2. News: Jackson . Jeffrey . June 15, 2012 . Owatonna-based Federated Insurance announces retirement of Al Annexstad . Owatonna People's Press . Owatonna, Minnesota . November 11, 2015 .
  3. News: Kelly . Patricia . July 1, 2006 . Al Annexstad . . November 11, 2015 . https://web.archive.org/web/20150912060419/http://tcbmag.com/Honors-and-Events/Minnesota-Business-Hall-of-Fame/2006-Minnesota-Business-Hall-of-Fame/Al-Annexstad . September 12, 2015 . dead . mdy-all .